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China’s Xi urges financial risk prevention while seeking stable growt...

02 February, 2019 1:06 pm 1:06 pm

BEIJING (Reuters) – China should seek stable development of its economy while not forgetting to fend off risks to its financial system, Chinese President Xi Jinping said, state news agency Xinhua reported on Saturday. China’s economy is growing at its slowest pace in almost 30 years, spurring policymakers to bolster growth by easing credit conditions … Read More

Global financial stability risks rising with trade tensions, IMF says

10 October, 2018 9:55 am 9:55 am

(Reuters) – Risks to the global financial system have risen over the past six months and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said on Wednesday. The IMF, whose autumn meetings with the World Bank get under way on the Indonesian resort island … Read More

China says will fend off internet finance risks

08 August, 2018 10:26 am 10:26 am

BEIJING (Reuters) – China’s state council committee said on Monday it would fend off financial risks in areas including online finance and listed firms’ stock collateral loans. In a post following a meeting held by the state cabinet’s Financial Stability and Development Commission (FSDC), the government said it will speed up the development of a … Read More