IMF, World Bank note efforts to reform nation’s finances

A teller counts money at a bank in Taiyuan, capital of North China's Shanxi province. [Photo/China News Service] Global financial organizations acknowledged China's achievements in recent economic and financial reforms after a two-year comprehensive ... ( read original story ...)

China central bank governor says to control systematic risks

HONG KONG (Reuters) - China central bank governor Zhou Xiaochuan has said keeping prices stable and controlling systematic risks in the financial sector are two core targets for the bank. The People’s Bank of China would maintain efforts on deleveraging ... ( read original story ...)

Three reasons why non-bank competitors should enter China

Sean Harrison looks at the potential for non-bank competitors to gain market share in digitally savvy China. Non-bank competitors seeking to enter a sufficiently large market, with healthy margins, increasingly digital savvy consumers and a fluid market ... ( read original story ...)

IMF report finds risks to China’s financial system

The IMF is out with an in-depth report on the state of China’s financial system. The two-year long study identified three major headwinds the China’s economy faces. Yahoo Finance's Seana Smith, Rick Newman, Melody Hahm, and Ethan Wolff-Mann discuss. ( read original story ...)

China’s banking system risks facing crisis: IMF

The International Monetary Fund (IMF) has claimed that China risks facing a growing debt-dependency in its banking system, urging Beijing to increase its capital buffers to protect against a possible “financial crisis.” The Washington-based ... ( read original story ...)

China’s financial system harbours large risks, says IMF

Rising levels of debt pose "large risks" to China's economy, according to the International Monetary Fund (IMF). In its first report since 2011 on China's resilience to shocks and contagion, the IMF said it still had concerns over imbalances in the world's ... ( read original story ...)

China’s Banks Need More Capital After Credit Boom, IMF Says

In its first comprehensive assessment of China’s financial system since 2011, the IMF recommended “a gradual and targeted increase in bank capital.” In a worst-case scenario, IMF stress tests suggested the country’s lenders would face a capital ... ( read original story ...)