CDT Money: Bridging The Great Divide
During a week in which Xinhua News called out the resentment brewing in China over the country’s “yawning wealth gap”, and the China Daily reported that Premier Wen Jiabao told a State Council economic...
securities law
New law paves way for return of derivatives – The Standard
From The Standard : China’s amended Securities Law, passed by parliament Thursday, allows financial derivatives for the first time and permits select firms to mix banking, insurance and securities businesses, a senior lawmaker said. Zhou Zhengqing, a former head of the country’s securities watchdog, said in Beijing that the amended law would also allow state […]
Amended Securities Law protects investors
From People’s daily online: The amended Securities Law is required for establishing a protection fund for stock investors, said a major official involved in drafting the revised law. The law is currently under the deliberation of Chinese top legislators. “This is one of the major measures to protect interests of stock investors, mainly small and […]
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