Former IMF Deputy Managing Director Zhu Min attends the 9th Caixin Summit in Beijing on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin

Charlene Barshefsky, United States trade representative from 1997 to 2001, speaks during the 9th Caixin Summit on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin

Guests discuss how to prevent the recurrence of financial crises during the 9th Caixin Summit on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin

Robert Hormats, vice chairman of Kissinger Associates and former vice chairman of Goldman Sachs, attends the 9th Caixin Summit on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin

Philip Gaetjens, secretary to the Australian Department of the Treasury, attends the 9th Caixin Summit on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin

Zhou Xiaochuan (right), former governor of the People's Bank of China, Zhu Min (left), former IMF deputy managing director, and Li Zhengqiang (center), chairman of the Dalian Commodity Exchange, attend the 9th Caixin Summit on Nov. 18. Photo: Chen Weixi, Ding Gang, Cai Yingli, Xu Yue/Caixin