China taps global bankers for advice on economy


In discussions with one of the banks, the regulator sought advice on how to boost foreign sentiment and appetite for Chinese assets. — Bloomberg

Beijing: China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been quarterly discussions to sometimes weekly or ad-hoc queries aimed at gathering perspectives on recent stimulus measures, according to people familiar with the matter.

Over the past few weeks, the regulator has especially had an interest in revisions global banks make to their economic forecasts and analysing daily flows to understand foreign investment trends, the people said, asking not to be identified because the deliberations are private.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Up in Arms - or up the value chain?
Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings

Others Also Read