This rule is designed to reduce risks to the global financial system following the central role played by the multi-trillion dollar derivatives sector in the global financial crisis a decade ago. Photo: Shutterstock

Global regulators delay new derivatives margin rules to avoid market fragmentation

  • Deadline for implementation of new margin rules extended by one year to September 1, 2021
  • The Basel Committee on Banking Supervision said that the potential benefits of margin requirements must be weighed against the impact on liquidity
Topic |   China economy

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This rule is designed to reduce risks to the global financial system following the central role played by the multi-trillion dollar derivatives sector in the global financial crisis a decade ago. Photo: Shutterstock
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Chinese President Xi Jinping toured Inner Mongolia last week and inspected farms and forestation projects, suggesting the focus remains on his two long-term goals of protecting the environment and alleviating poverty. Photo: Xinhua

China’s top leadership to gauge outlook for the economy and policy amid US trade war

  • The 25-member top leadership group, headed by President Xi Jinping, is expected to gather before the end of July to discuss plans for the next six months
  • US President Donald Trump goaded China after its growth rate slowed to a record low of 6.2 per cent in the second quarter of 2019
Topic |   China economy

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Chinese President Xi Jinping toured Inner Mongolia last week and inspected farms and forestation projects, suggesting the focus remains on his two long-term goals of protecting the environment and alleviating poverty. Photo: Xinhua
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