Skip to main content

Wu Xiaoling warns of growing risks in China’s financial system

China must learn lessons from the West on complex products

shutterstock-246068131
Wu was speaking at the Lujiazui Forum in Shanghai

Wu Xiaoling, vice-chairman of the Financial and Economic Committee of China's National People's Congress, has warned the country needs to get to grips with increased leverage and complexity in its financial system to ensure risks are manageable in the medium term.

Wu said as China embarks on its aggressive reform agenda, which includes destocking, reducing overcapacity and costs and addressing weaknesses, the authorities "are very concerned" about systemic financial risks emerging due to

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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 individual account

.