china appoints a new head for the central bank as top official signal more support for a slumping economy. and it is the start of earning season for big tech. oath make alphabet and microsoft have reported strong profits for the last quarter. alphabet. welcome to asia business report. let s begin this morning in china because while the removal of its foreign minister has been making headlines, beijing has listed a new governor for its central bank. taking the helm of the time of the chinese economy is single slumping activity. the top decision making body in beijing had also earlier pledged to shore up support for the economy. earlier i spoke to someone who explained the direction the bank could take now. he
that she has decided to step down. to china. while the removal of its foreign minister has been making headlines, taking the helm of the time of the chinese economy is seeing slumping activity. the top decision making body in beijing, the politburo had also earlier pledged to shore up support for the economy. earlier i spoke to someone who explained the direction the central bank could take now. he has a reputation of regulation and compliance and is conscious about containing financial risk. but he is a market oriented mind so i have no doubt policy will return in the next few months but whether it will be different i have doubts, because maintaining economic stability is still number one key. we will see more expansionary in monetary policy but it will not be more aggressive. interesting because there have
the central bank as top official signal more support for a slumping economy. and it is the start of earning season for big tech. oath make alphabet and microsoft have reported strong profits for the last quarter. alphabet. welcome to asia business report. let s begin this morning in china because while the removal of its foreign minister has been making headlines, beijing has listed a new governor for its central bank. taking the helm of the time of the chinese economy is single slumping activity. the top decision making body in beijing had also earlier pledged to shore up support for the economy. earlier i spoke to someone who explained the direction the bank could take now. he explained the direction the