Free Trial

Financial regulators need to control risks....>

CHINA
CHINA: Financial regulators need to control risks during China's further opening
up, Yi Gang, governor of the People's Bank of China said Tuesday, according to
China Securities Journal. Financial institutions should receive licenses from
the authorities before they start their businesses, Yi stressed. Yi iterated
further opening of China's financial sector needs to coordinate well with its
reform of foreign exchange rate formation system and capital account
convertibility, and its advancement should be steady and gradual, Yi was cited
as saying by the journal. 

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.