In the News: Tightened Cash Management Rules; New School Regulations; and More Stabilizing Foreign Trade Measures

The CBIRC will tighten regulations on China’s cash management products; increased government oversight of Chinese schooling has hit the share price of several Hong Kong-listed tutoring companies; and China’s State Council plans to adopt more fiscal, and tax- and tariff-reduction measures to maintain stability in its international trade.

4 minute readJuly 15, 2019 at 04:23 AM
By
Marilyn Romero
In the News: Tightened Cash Management Rules; New School Regulations; and More Stabilizing Foreign Trade Measures

CBIRC eyes tightening of rules on cash management products

China’s banking regulator, the China Banking and Insurance Regulatory Commission (CBIRC), is reportedly planning to tighten rules on the country’s cash

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