As China Revamps Regulation, PBOC Gears Up for Central Role

Updated on
  • Central bank is monitoring areas once left to other regulators
  • PBOC also aims to set up more offices around the nation

PBOC Gears Up for Central Role

As China’s leaders consider ways to improve market oversight and avoid the kind of boom and bust in equities that shook investors around the world last year, the nation’s central bank is already extending its oversight to areas beyond its traditional focus.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.