China’s central bank governor Zhou Xiaochuan says a cross-border yuan settlement system will soon be launched in Shanghai, in a renewed effort to bolster the local currency’s internationalisation drive and reinforce city’s bid to become a global ... ( read original story ...)
China Regulators Call for Deep Reform in Banking Sector as Risks Surface
(Shanghai) — China banking regulators on Tuesday called for deep reform in the banking sector to ensure overall stability in the financial system, warning of mounting risks amid a slowdown in the world’s second-largest economy. “We must attach more ... ( read original story ...)
Protectionism would compromise China’s financial sector, says PBOC governor
and further opening will help build a strong and competitive financial sector, China's central bank governor Zhou Xiaochuan said on Tuesday. Speaking at an annual forum in Shanghai, Zhou focused on broad reforms and competition, but did not discuss more ... ( read original story ...)
Protectionism hurts China’s financial sector, opening helps – PBOC’s Zhou
SHANGHAI Healthy financial institutions are a prerequisite for preventing a financial crisis, and further opening will help build a strong and competitive financial sector, China's central bank governor Zhou Xiaochuan said on Tuesday. Speaking at an annual ... ( read original story ...)
Protectionism would compromise China’s financial sector: PBOC’s Zhou
SHANGHAI Healthy financial institutions are a prerequisite for preventing a financial crisis and further opening will strengthen the sector, China's central bank governor Zhou Xiaochuan said on Tuesday at a forum in Shanghai. Some vested interests have ... ( read original story ...)
MSCI’s big decision on adding mainland China stocks to emerging markets index
a major issue last year when hundreds simply suspended trading during a drop in the market early in 2016. China has also instituted the Shanghai–Hong Kong Stock Connect and the Shenzhen–Hong Kong Stock Connect, which connects both mainland exchanges ... ( read original story ...)
Going up! The Shanghai ‘Nifty Fifty’ takes flight
HONG KONG -- Causal observers of the more-or-less moribund Shanghai Stock Exchange (SSE) Composite Index might be advised to sit up and take notice, as there are some interesting signals flashing in the market as of late. A case in point is the formerly ... ( read original story ...)