Channel Islands Should Be Looking East In 2019

HISTORY shows that a successful offshore jurisdiction is one which is capable of most effectively connecting, and providing a conduit between, 'capital originating markets' and 'destination markets'.

The Far East has been a source of a huge volume of business and revenue (both as a capital originating market and as a destination market) for a wide range of offshore jurisdictions in recent years. If predictions of future growth in inbound investment are to be relied on, this trend looks set to continue, with capital flows into emerging Asian economies now exceeding US$103bn per annum, up from US$50bn in 2016, and private equity and venture capital financing growing by 37.6% since 2016, triple the rate of global growth. Nowhere has this growth been more pronounced or impactful than China. Indeed, to many people in offshore financial centres, looking east for opportunities has often really just meant focusing efforts on China, or a part thereof.