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During Myanmar's decade of reforms, financial sector reforms were widely recognized to be a critical underpinning of Myanmar's democratization process, enabling the transition to a more egalitarian, accessible economy. Accordingly, the government developed a program of wide-ranging financial...
Persistent link: https://www.econbiz.de/10013414010
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longer term. The China Insurance Regulatory Commission (CIRC) has been undertaking far-reaching reforms and modernization … the solvency standards into a modern, risk-based approach. The China-Risk Oriented Solvency Standards (C-ROSS) draw on …
Persistent link: https://www.econbiz.de/10012644899
The China Banking Regulatory Commission (CBRC) has maintained its momentum in regulation and supervision in the face of … considerations. The China Banking Regulatory Commission (CBRC) has achieved a high degree of compliance with the Basel Core …
Persistent link: https://www.econbiz.de/10012644900
China has made significant progress in financial inclusion. High levels of account penetration, savings, and usage of … bankcard programs. Account penetration in China is quite high, with estimates ranging from over 80 to 90 percent, which …
Persistent link: https://www.econbiz.de/10012645374
Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by … supporting economic activity in China in 2017. Net exports contributed positively to growth for three consecutive quarters … implementation of capital controls and greater domestic market confidence, capital outflows from China declined to 47 billion US …
Persistent link: https://www.econbiz.de/10012644960
Economic conditions in China have changed dramatically over the past six months. The COVID-19 pandemic and measures … taken to contain it have triggered a combined demand and supply shock. The report projects that economic growth in China … 2021. Even as economic activity rebounds, the pace of China's poverty reduction is expected to slow, reflecting slower …
Persistent link: https://www.econbiz.de/10012647401
Activity in China continues to track the ups and downs of the pandemic - outbreaks and growth slowdowns have been … growth is expected to slow to 2.7 percent in 2022 - 1.6 percentage points lower than projected in the June China economic …
Persistent link: https://www.econbiz.de/10014247460
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5 … pressures and still weak consumer confidence, suggests continued fragility in the recovery. China's investment deceleration has …
Persistent link: https://www.econbiz.de/10014495447
The survey aims to comprehensively and comparatively analyze how regulators from both developing and developed economies are regulating and supervising online alternative finance activities. The current gap is between the demand for finance by small and medium size enterprises (SMEs) and...
Persistent link: https://www.econbiz.de/10012646626