Free Trial

The new asset regulation rules..........>

CHINA PRESS
CHINA PRESS: The new asset regulation rules published by the PBOC will alleviate
refinancing pressure on enterprises and boost market liquidity, China Securities
Journal reported, citing experts. 
  - The new rules will cushion the impact of transferring off-balance sheet
assets back to the table and ease the pressure of a credit crunch on the real
economy, the Daily said. 
  - By easing market sentiment, the new rules will stabilise the growth of
social financing and ease downward pressure on GDP growth, the newspaper said,
citing Pan Xiangdong, chief economist of New Times Securities. 
  - The rules will also relieve the pressure of capital redemption for
commercial banks, promoting the transmission mechanism from narrow liquidity to
broad liquidity, Pan added.

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.