On March 30, International Monetary Institute (IMI), together with School of Finance of RUC, has jointly organized an internal webinar, with the theme of “Europe and American Financial Institutions and Monetary Policy of the US”. Peng Wensheng, chief economist and head of Research Department of CICC, gave a keynote speech under the title of “Economic Recovery in the Postpandemic: Financial Change”. The webinar guest included: Ding Zhijie, director of Research Center of Foreign Exchange of SAFE; Pan Hongsheng, director and chief economist of China Institute of Finance and Capital Markets; Wang Jinbin, associate dean of School of Economics of RUC; Zhu Haibin, head of economic research and chief economist of Morgan China. The webinar host was Tu Yonghong, dean of Yangtze River Economic Zone Research Institution of RUC.

The experts analyzed in depth the reasons behind the recent banking risks in Europe and the United States; their future evolution, their impact and revelations on China. They discussed whether they are a systemic risk, whether they will form a global crisis, and whether there is a miscalculation of the Federal Reserve's monetary policy. More insights dwelled on its changes on the financial structure, potential impact on financial regulation, and revelations on China’s banking industry as well as fiscal and monetary policies.