Deleveraging – the Cornerstone of Future Financial Policy
ANBOUND
On 9 May, the People's Daily has published for the third time, an interview with "an authoritative person" to discuss current economic situation in China and the future policy direction.
The interviews touched mainly on the development of financial market and the future direction of financial policy.
ANBOUND's research team is of the view the overall theme of the financial reform in China is 'deleveraging’ and China , the government will ensure the financial markets are back to where they belong, control excessive credit expansion and prevent the occurrence of systemic financial risk
The changes in the whole financial sector are still revolved around the theme of reform.