This is not fresh, just an ICYMI on the People's Bank of China to be watchin' us all a little more closely
Comments from Wang Jingwu, head of the financial stability department at the PBOC
Reported in PBOC's very own media outlet - -Financial News
- Bank to block the transmission of risks across markets, regions and borders
- to prevent abnormal fluctuations in financial markets
- to accelerate the push for reform and opening of capital markets
- to increase the supply of capital, refine institutional arrangements and boost investor confidence
Seems like there is pretty much nothing the PBOC cannot do according to this chap.
