China unveils plan to keep officials’ noses clean in campaign to control financial risk
China’s Politburo – a high-level decision-making body of the country’s Communist Party – reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in Beijing’s campaign to address deep-rooted hazards in the financial system and the crisis-plagued property sector. The blueprint for how to keep financial actors like watchdogs, state-owned financial institutions … Read more
