Free Trial

China's Xi Calls More  Monopoly Crackdown, Bigger Reserves: Xinhua

CHINA PRESS
MNI (Singapore)

China's top leadership calls for strengthening anti-monopoly measures and further implementing fair competition policies, including increasing supervision on platform economy, technological innovation and information security, according to a statement by Xinhua News Agency following a Monday meeting on reform chaired by President Xi Jinping. The leadership also emphasized that China must have national reserves that match the status of a big country, and is necessary to accelerate improving the strategy and emergency material reserve system, as well as enhance commodity reserves to help stabilize the market, Xinhua said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.