Comments from the Peoples Bank of China out on the wires
- PBOC will create appropriate monetary and financial environment
- will push banks to improve pricing ability
- PBOC to adopt Macro Prudential Assessment (MPA) system in 2016
- macro prudential capital adequacy ratio is core for MPA
- will work to prevent systemic risks and continue prudent mon pol
The Chinese financial and regulatory evolution continues
PBOC - Reforms continue at a keen pace