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

July 15, 2019 | BY

Marilyn Romero

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.

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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