China’s new central banker Yi Gang pledges to rein in financial risk

China’s new central bank governor outlined sweeping plans Sunday to rein in rising debt and financial risk, but expressed confidence that Beijing can prevent potential dangers.High debt levels for Chinese state-owned companies, local governments and households are “still a challenge,” Yi Gang said at an economic conference. The appearance marked his first extended public appearance […]
Source: http://www.japantimes.co.jp/rss

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