A view of the Huangpu River in Shanghai. [Photo/VCG] The National Financial Regulatory Administration is planning to introduce more opening-up measures to address legitimate concerns of foreign institutions and improve regulations on foreign banks and insurers, thereby facilitating development of foreign institutions in China, an official of the top financial watchdog told China Daily in … Continue reading High-standard financial opening-up planned
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Top financial watchdog plans to aid development of foreign institutions in China
A clerk counts cash at a bank in Nantong, Jiangsu province. [Photo/Sipa] The National Financial Regulatory Administration is planning to introduce more opening-up measures to address legitimate concerns of foreign institutions and improve regulations on foreign banks and insurers, thereby facilitating the development of foreign institutions in China, an official of the top financial watchdog … Continue reading Top financial watchdog plans to aid development of foreign institutions in China
Financial de-risking remains key focus in future
MA XUEJING/CHINA DAILY China’s financial risks have been converging of late, but de-risking in the future will fundamentally depend on the stabilization and recovery of the economy. As the economy further improves, there will be greater room for resolving financial risks in key areas, and such risks are expected to remain within control this year. … Continue reading Financial de-risking remains key focus in future