Stay updated with breaking news from Xia Xiande. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Communist Party’s Central Financial Commission has been convened, with Premier Li Qiang at the helm, to oversee finance more directly and get ahead of potential sources of economic risk.
China's Central Financial Commission , a new regulator with Premier Li Qiang as its head, held a meeting on Monday and urged stronger supervision of risks in the financial sector as Beijing... -November 21, 2023 at 01:55 am EST - MarketScreener
He attends meeting of Central Finance Commission, established in March to serve as primary planner for financial system as ruling party seeks direct control over wide range of policy areas.
Countries should be alert to more potential financial risks amid global interest rates hikes, Chinese officials said over the weekend.
The rapid interest rate hikes taken by major developed economies to curb inflation have raised concerns about their impact on the global economy and the possibility of triggering new financial risks.