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Voices and Votes 03/12/2016 China's financial reforms in 2016
Financial reform is considered to be one of the top priorities for China's economic reforms. With the Chinese economy slowing down, many observers have predicted that China will take another round of stimulus measures to boost its economy. But China’s central bank governor Zhou Xiaochuan dismissed this kind of speculation on Saturday. So what can we expect for China’s financial reforms in 2016? What are the risks? In recent years, P2P online lending has boomed in China, but some have run into trouble due in part to the economic slowdown. Just how should China regulate its online lending industry?
To discuss all these issues and more, today in the studio we have Mr. Charles Liu, founder of Hao Capital, and Mr. David Mahon, Managing Director of Mahon China. But before we get started, let’s have a look at this background report.