by AIP Online Bureau | Mar 7, 2023 | Eco/Invest/Demography, Regulation
It will be established on the basis of the China Banking and Insurance Regulatory Commission (CBIRC), which will not be retained, the plan said, noting that certain functions of the People’s Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC)...
by AIP Online Bureau | Mar 5, 2023 | Eco/Invest/Demography, International News, Policy, Regulation
“We need to deepen reform of the financial system, improve financial regulation, and see that all those involved assume their full responsibilities to guard against regional and systemic financial risks,” Premier Li Keqiang Beijing: China will deepen...
by AIP Online Bureau | Mar 4, 2023 | Eco/Invest/Demography, Facts
China’s population is shrinking for the first time in more than six decades in 2022, which is a serious demographic crisis for the country with significant implications for its slowing economy, CNN Business reported According to data surveyed in late January...
by AIP Online Bureau | Feb 24, 2023 | Eco/Invest/Demography, International News, Risk Management
China is seeking to rein in the influence of the US-linked global audit firms and ensure the nation’s data security, as well as to bolster the local accounting industry, the people said. . Chinese authorities have urged state-owned firms to phase out using the four...
by AIP Online Bureau | Feb 11, 2023 | Data, Eco/Invest/Demography, Health
”Our analysis suggests two known Omicron sub-variants – rather than any new variants – have chiefly been responsible for the current surge in Beijing, and likely China as a whole,” said lead author Professor George Gao, of the Institute of Microbiology at...