Tagged By banking

China treads carefully to tame financial cycles

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While the market debates China’s latest round of economic growth, national regulators are focusing on an equally important factor of the economy: financial cycles. In its latest quarterly monetary policy implementation report, the People’s Bank…

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China Commences Crackdown on Shadow Banking

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Chinese regulators introduced major rules on Nov. 17—the scale of which has been compared to the U.S. Dodd-Frank Act—to unify regulations for the asset management industry and curtail shadow banking activities. The rules are broad-based,…

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