The People’s Bank of China headquarters in Beijing. The central bank is drafting an umbrella regulation to look after the country’s 60 trillion yuan asset management business.Photo: Bloomberg
The People’s Bank of China headquarters in Beijing. The central bank is drafting an umbrella regulation to look after the country’s 60 trillion yuan asset management business.Photo: Bloomberg

In China, talk of ‘super-financial regulator’ is cheap – until next crisis hits

The People’s Bank of China headquarters in Beijing. The central bank is drafting an umbrella regulation to look after the country’s 60 trillion yuan asset management business.Photo: Bloomberg
The People’s Bank of China headquarters in Beijing. The central bank is drafting an umbrella regulation to look after the country’s 60 trillion yuan asset management business.Photo: Bloomberg
READ FULL ARTICLE