BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first…
Tagged By finance
China will steadily advance financial reforms, open sector: Central bank governor
In his first public speech since becoming central bank chief last week, Yi Gang told the China Development Forum in Beijing that opening up leads to progress while closure points to backwardness. The sector’s opening…
China will steadily advance financial reforms, open sector: central bank’s Yi Gang
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing financial risks through regulation and supervision, the new central bank governor said on Sunday. In his…
China’s new central banker pledges to rein in financial risk
BEIJING — China’s new central bank governor has outlined sweeping changes aimed at reining in rising debt and financial risks but expressed confidence Beijing can prevent potential dangers. Speaking at an economic conference, Yi Gang…
China names Guo Shuqing as central bank party secretary: NYT tweet
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been named as Communist Party chief of the People’s Bank of China (PBOC), the New York Times said…
China will steadily advance financial reforms, open up sector: PBOC’s Yi Gang
BEIJING (Reuters) – China will steadily push forward financial reforms as it further opens up the sector, Yi Gang, the central bank’s new governor, said on Sunday, adding that the process of opening up will…
China’s new finance says some tax changes coming
BEIJING (Reuters) – China’s new finance minister on Sunday vowed to push ahead fiscal reforms, including changes in tax on manufacturing and transportation, to support the government’s goal of “high-quality” growth. Liu Kun made the…
China should not seek high growth as financial risk mounts: party official
BEIJING (Reuters) – China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on…
China should not seek high growth as financial risks mount, warns government official
China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on Saturday. In the…
China warns U.S. it will defend own trade interests
China’s commerce ministry expressed regret at the filing on … SOYBEANS, AUTOS, PLANES The commerce ministry’s response had so far been “relatively weak”, respected former Chinese finance minister Lou Jiwei said at the forum. “If…
China says ready to defend its interests in U.S. trade spat
China potential measures were not confined to commodities, and tourism could be a possible target, he added. SOYBEANS, AUTOS, PLANES A former Chinese finance minister said at the China Development Forum in Beijing that the…
China’s economic czar tells US Beijing will defend interests
BEIJING (AP) — China’s newly-appointed economic czar has told U.S. Treasury Secretary Steven Mnuchin that Beijing is ready to defend its interests after President Donald Trump announced plans to slap tariffs on nearly $50 billion…
JD Finance helps banks win ‘young’ credit clients
Xie Jinsheng, vice-president of JD Finance, introduces the Big Dipper retail credit package in Beijing on March 23, 2018. [Photo provided to chinadaily.com.cn] E-commerce giant JD’s financial technology arm JD Finance speeds up exporting its…
