China banking regulator talks of reform ‘determination’

China map

Liu Mingkang, chairman of the China Banking Regulatory Commission, said at a Shanghai Cooperation Organisation summit on Wednesday that some rating agencies and analysts had underestimated the determination behind China's "deepening reforms".

In September, rating agency Fitch warned about the possibility of a downgrade in China's rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.

Liu express

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: