Banking

Chinese Banking system analyses by Prof. Geraci

China Banking Regulatory Commission recently release its control over loal asset management companies, allowing for debt restructuring and other methods to dispose non-performing assets. This is a new opportunity investing nothing but trillions of returns for AMCs.
PBoC is calling for restriction on mortgage on houses, on the meeting hold yesterday. It said the investigation on the qualification of mortgage requests has to be very careful. To examine the citizens' downpayment check and enhance the check on income testification. PBoC also asked for local banks to change asset structuure and ensure the structural reform on supplyy-side demand.
October, Geraci participated in 2016 China-UK Financial talent education advanced training course. Geraci discussed how the existence of the euro is taking away flexibility from the individual countries to adjust the monetary policy according to their needs. October, Geraci participated in 2016 China-UK Financial talent education advanced training course. Geraci discussed how the existence of the euro is taking away flexibility from the individual countries to adjust the monetary policy according to their needs REPEAT.
Michele Geraci was invited to participate in China Global Enterprises Forum, which was hosted mainly by Ningbo Government and Center for China and Globalization (CCG). He discussed the role of finance in contributing to China’s sustainable growth. He said: “Finance is like a tiger: once it is out of the cage, it cannot be tamed again. For China: Reforms should slow down. China is good at manufactory and that why I am shoot about made in china 2025.”

HOT TOPICS