Reforming China's capital markets

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clpstaff &clp articles

David Fu spent four months at the CSRC as part of their Strategy and Development Committee. Fu shared with David Tring his thoughts on China's capital markets and what tasks lay ahead for the country's top securities regulator

When did you start your legal career?

I received a BA in English language from Anhui Institute of Education. I then went on to get a Master of Law degree from the Shanghai Institute of Foreign Trade and finally an LLM from Columbia University. I joined Global Law Office in 2010 and before that I worked at the Beijing, New York and Toronto offices of Shearman & Sterling. Back in 1993, I started my legal career at Shanghai Science & Technology Investment Corporation, a state-owned investment company affiliated with the Shanghai municipal government and a founding shareholder of China Unicom. During that time, I worked on the agreements for the first “Chinese-Chinese -foreign” investment project of China Unicom.

What was your role at the CSRC?

 

 "As a result of the IPO freeze on IPOs, the Chinese private equity and venture capital markets have faltered and have been reluctant to enter into any new investments"
David Fu, Global Law Office, Beijing
 

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