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Rare meeting among Chinese regulators could set bigger role for central bank

Reuters  |  BEIJING 

By Ryan Woo and Stella QiuBEIJING (Reuters) - China's financial regulators are gathering in Beijing in a once-in-five-years huddle that many expect will formalise a greater coordination role for the central bank, but will stop short of pushing changes that could potentially destabilise the economy. The National Financial Work Conference is strictly closed-door, but its outcome will be widely watched. At the inaugural conference in 1997, Beijing set up China's insurance regulator. The second in 2002 saw the creation of the banking regulator. China Investment Corp , the sovereign wealth fund, ...

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First Published: Fri, July 14 2017. 17:21 IST
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