The central business district in Beijing. With economic growth slowing, China has eased back on a campaign to reduce debt in the past few months. Photo: Bloomberg
China sets about putting house in order, steps up supervision of financial institutions seen as too big to fail
- Financial regulators issue guidelines for ‘systemically important’ institutions
- Improved supervision comes in response to current downward pressures on economy
Topic |
China economy
The central business district in Beijing. With economic growth slowing, China has eased back on a campaign to reduce debt in the past few months. Photo: Bloomberg