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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