It is easy for the financial community in East Asia to plan around China, the growth of which continues to serve as nearly every firm's long-term strategic opportunity. Many are used to operating on the Mainland, seizing what chances it presents, and having a measured idea about its obstacles. But even for the most seasoned China hand, the sheer magnitude of its market revolution coupled with confusion and opaqueness still makes doing business there a tough call.
So for the bigwigs in New York, China is an ever deeper puzzle. Vincent Duhamel, principal and CEO at State Street Global Advisors in Hong Kong, has just returned from a conference on Chinese asset management hosted by...
