July 7, 2024
Finance

Explainer-What is China’s planned financial stability law and how will it work?

BEIJING (Reuters) – China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing’s broader efforts to prevent systemic financial risks in the world’s second-biggest economy. A revised draft of the bill underwent a second review by the nation’s top legislative

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Investors

China’s new financial regulator pledges transparency to bring investors back from the brink

China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile personnel changes. The country will benchmark its financial policies against international rules and reduce restrictive measures to make itself more open and integrated with the

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