In a commitment to bolster the nation’s high-quality economic development, Li Yunze, the head of China’s National Financial Regulatory Administration (NFRA), declared on Monday substantial financial support initiatives. Established in May 2023, the NFRA’s jurisdiction spans the financial industry, excluding the securities sector. Speaking at the conclusion of the country’s annual national legislative session, Li

Chinese officials issued a stern warning against the possibility of a major bailout package for struggling real estate developers, asserting that those who harm the interests of the masses will face consequences. Ni Hong, the Minister of Housing and Urban-Rural Development, emphasized that severely insolvent and operationally impaired real estate companies should either undergo bankruptcy

Forex trading in China has witnessed significant growth in recent years, reflecting the country’s emergence as a global economic powerhouse and its increasing integration into the international financial markets. As one of the largest economies in the world, China offers a wealth of opportunities and considerations for investors looking to engage in the foreign exchange