You are here

China's US$9 trillion moral hazard too big to ignore

Country's financial regulators are drafting rules for asset-management products that aim to make clear the investments don't have government guarantees, say sources
Friday, February 24, 2017 - 05:50

Washington

CHINA may be about to embark on its most ambitious - and perilous - campaign to convince investors that they shouldn't depend on a bailout when markets go south.

In a rare show of cooperation, the nation's main financial regulators are drafting new rules for asset-

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom