Beijing doubles down on financial reforms as domestic and external situations ease

The above 經濟向好外憂暫緩 中央密集推出改革 is the subject of an editorial of Ming Pao Daily News 明報新聞 of 24 April, 2017. 

The editorial points out that with lowering non-performing loans, easing money outflows, greater exchange rate stability, rebounding business profits, and improved relations with the Trump administration, Beijing is doubling down on financial reforms, including personal tax relief, debt de-leveraging, money-market discipline, and shadow banking regulation.

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