The People’s Bank of China says the new law is needed to clean up the framework used to manage risks in the financial system. Photo: Reuters
The People’s Bank of China says the new law is needed to clean up the framework used to manage risks in the financial system. Photo: Reuters
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Financial stability law is a timely and positive move

  • Amid uncertainty created by domestic market conditions in mainland China and a volatile external environment, the proposed law could provide a more stable environment for major business and investment decisions

SCMP Editorial
SCMP Editorial

Updated: 8:15am, 18 Apr, 2022

Why you can trust SCMP
The People’s Bank of China says the new law is needed to clean up the framework used to manage risks in the financial system. Photo: Reuters
The People’s Bank of China says the new law is needed to clean up the framework used to manage risks in the financial system. Photo: Reuters
READ FULL ARTICLE