Home China should lower small banks’ capital replenishment barriers – People’s Daily
FXStreet News

China should lower small banks’ capital replenishment barriers – People’s Daily

According to a commentary in the Chinese Communist Party’s official People’s Daily published on Monday, China’s financial regulators should lower barriers for small banks to replenish their capital, and develop more tools to help them raise funds, per Reuters.

The story read: “Regulators should consider designing diversified and differentiated means and indicators and implement differentiated regulation to better guide small and medium-sized banks forward on the road of differentiated development.”

Also Read

PBOC to inject more liquidity in December – China Press

China needs to prepare for zero interest rates – Global Times

Markets are expecting a lot of monetary as well as fiscal reforms from the Chinese authorities in an effort to stem the economic slowdown, in the face of the prolonged US-China trade war.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.