China financial markets not immune to external shocks -China's central bank governor

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

BOAO, China : China’s financial markets are not immune to external shocks and the COVID situation also put more pressure on China's economy, governor of the People's Bank of China (PBOC) Yi Gang said on Friday in a video speech to the annual Boao Forum for Asia.Yi said China will provide policy support

BOAO, China : China’s financial markets are not immune to external shocks and the COVID situation also put more pressure on China's economy, governor of the People's Bank of China Yi Gang said on Friday in a video speech to the annual Boao Forum for Asia.

Yi said China will provide policy support for the real economy, and the country's money policy will focus on supporting small firms and sectors hit by the COVID-19 outbreaks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Singapore’s next leader says about China, racism and expatsThe words of Lawrence Wong, Singapore’s finance minister, are beginning to take on greater weight since he was tapped last week to be the city-state’s presumptive next prime minister, only its fourth since independence.
Source: YahooSG - 🏆 3. / 71 Read more »

China passes futures and derivatives law -state mediaBEIJING : China passed a futures and derivatives law on Wednesday, state broadcaster CCTV said, marking a further step by the world's second-largest economy to strengthen control and promote development of its derivatives market. The legislature approved the law following a meeting held by the standing co
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China keeps lending benchmark unchanged, defying market expectationsSHANGHAI : China kept its benchmark lending rates for corporate and household loans steady at its April fixing on Wednesday, defying expectations, as Beijing has become more cautious in rolling out easing measures to aid a slowing economy.The one-year loan prime rate (LPR) was kept at 3.70 per cent, same
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »