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China s Factory Prices Surge Amid Higher Commodity Costs, Supply Shortages

China’s Factory Prices Surge Amid Higher Commodity Costs, Supply Shortages Inflationary pressure in China continued to build in April as factory-gate prices jumped at the fastest pace in three and a half years and consumer prices rose the most since September, official data showed Tuesday, The producer price index (PPI), which gauges changes in prices of goods circulated among manufacturers and mining companies, rose 6.8% year-on-year, accelerating from a 4.4% pace in March, data from the National Bureau of Statistics (NBS) showed (link in Chinese). That was the biggest jump since October 2017 and exceeded the median estimate of a 6.5% rise in a

Corporate Governance Key to Risk Control, Banking Regulator Says

Corporate Governance Key to Risk Control, Banking Regulator Says
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China Will Act to Prevent Capital Flows From Destabilizing Stock Market, Regulator Says

China Has the Power to Stop Capital Flows From Destabilizing Stock Market, Regulator Says Fang Xinghai, vice chairman of the China Securities Regulatory Commission, speaks at the Boao Forum for Asia in Hainan province on April 19. Photo: VCG China’s financial authorities are closely monitoring flows of overseas capital into and out of the mainland stock markets and are confident they can maintain market stability in the event of any sudden large movements of funds, a senior regulatory official said Monday. The China Securities Regulatory Commission (CSRC) is capable of preventing volatility in domestic markets that may be triggered by large capital inflows and outflows, Fang Xinghai, a vice chairman of the watchdog, said during a panel discussion at the annual Boao Forum for Asia taking place on the southern island province of Hainan.

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