Saturday , July 24 2021
Home / South China Morning Post / Chinese central bank pledges it will not change course over financial risk management

Chinese central bank pledges it will not change course over financial risk management

Summary:
[unable to retrieve full-text content]China’s central bank has pledged there will be no turnaround in the country’s prudent monetary stance and tight financial supervision.A statement from the People’s Bank of China on Friday indicated that it would continue to target financial risk despite the size of the country’s shadow banking sector being squeezed to an eight-year low in proportion to gross domestic product.It said regulators had been ordered to offer more policy tools to tackle the financing needs of small businesses,…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Tyler Durden writes Kodak Deletes Instagram Post After Photographer Called Xinjiang “Orwellian Dystopia”

Tyler Durden writes Federal Court Rules CDC’s COVID-19 Eviction Moratorium Is Unlawful

Jeffrey P. Snider writes Maybe Interesting, Perhaps Somewhat Useful Other TIC Nuggets

Tyler Durden writes Dubai Makes Artificial Rain With Drones That Shock Clouds

[unable to retrieve full-text content]
China’s central bank has pledged there will be no turnaround in the country’s prudent monetary stance and tight financial supervision.A statement from the People’s Bank of China on Friday indicated that it would continue to target financial risk despite the size of the country’s shadow banking sector being squeezed to an eight-year low in proportion to gross domestic product.It said regulators had been ordered to offer more policy tools to tackle the financing needs of small businesses,…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.