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China will likely tighten monetary policy next year while increasing policy flexibility to ensure sufficient credit supply and to prevent overtightening from hurting the economy, economists said on Thursday after the US Federal Reserve rate hike.
China's Minister of Commerce Zhong Shan (C), Vice-Minister of Commerce and Deputy China International Trade Representative Wang Shouwen (R) and Vice-Minister of Commerce Qian Keming attend a press conference on China's domestic market and all-round opening-up for the second session of the 13th National People's Congress (NPC) in Beijing, March 9, 2019. [Photo/Xinhua]
China's aggressive agricultural imports expected to boost US exports - World - Chinadaily.com.cn
China's 22 percent growth in AuM elevated it to the fourth-largest global market, up from eighth place five years earlier. The partial opening-up and rapid growth of the Chinese market have created the conditions for a potential gold rush among foreign firms.
China's banking and insurance regulator urged relevant financial institutions to take multiple measures to dispose of and mitigate the risk of banks' nonperforming assets, in addition to classifying bank loans strictly according to their inherent risks as "pass, special-mention, substandard, doubtful and loss" to truly reflect their risk level, Xiao Yuanqi, chief risk officer and spokesperson of the China Banking and Insurance Regulatory Commission, said at a news conference on Oct 21.
来源：资阳报