China’s financial regulators could continue to lower financing costs as a means to shore up confidence, according to CCB chief financial officer Sheng Liurong.
China will appoint Zhang
Jinliang as the chairman of state-owned China Construction Bank
Corp , three sources with direct
knowledge of matter said. The appointment was reviewed by China.
China Construction Bank Corp (CCB) said on Thursday it needs to manage credit, liquidity and market risks, in light of the banking crisis in the EU and United States.