{"id":79750,"date":"2025-09-22T23:52:17","date_gmt":"2025-09-22T23:52:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/79750\/"},"modified":"2025-09-22T23:52:17","modified_gmt":"2025-09-22T23:52:17","slug":"china-expands-circle-of-friends-as-overseas-investors-boost-domestic-assets","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/79750\/","title":{"rendered":"China expands \u2018circle of friends\u2019 as overseas investors boost domestic assets"},"content":{"rendered":"<p>China\u2019s top financial officials said the country\u2019s assets have become much more attractive to overseas capital in the past year at a high-profile press conference, adding Beijing would continue to prioritise domestic economic objectives even as <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/article\/3326288\/feds-rate-cut-fuel-property-investment-globally-hong-kong-faces-hurdles?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">interest rate cuts<\/a> from the US Federal Reserve have created room for looser monetary policy.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Adjustments to China\u2019s monetary policy are \u201cself-determined\u201d and \u201cdata-based\u201d, said Pan Gongsheng, governor of the People\u2019s Bank of China, at the conference on Monday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cLooking forward, we will employ a comprehensive range of monetary policy tools to ensure ample liquidity, based on the performance and evolving conditions of the macroeconomy.\u201d<\/p>\n<p>Pan was joined by heads of the country\u2019s top financial regulatory bodies, including Li Yunze, minister of the National Financial Regulatory Administration, <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3251281\/china-wary-stock-market-downturn-appoints-new-regulatory-chief?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Wu Qing<\/a>, chairman of the China Securities Regulatory Commission, and Zhu Hexin, head of the State Administration of Foreign Exchange.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">While the conference largely focused on the country\u2019s achievements in the financial sector over the past five years with no major short-term policy announcements, its heavyweight line-up drew significant attention from global markets and observers.<\/p>\n<p>Around this time last year, a <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/policy\/article\/3279681\/china-cut-rates-reserve-ratio-support-economy?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">similar conference<\/a> with nearly identical personnel unveiled several sweeping economic stimulus measures, including cuts to the reserve requirement ratio, reductions in the mortgage rate for existing housing and new tools to support the stock market, which sparked a sharp rally in domestic exchanges.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Since then, the attractiveness of Chinese assets has significantly increased, Wu said at the conference on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s top financial officials said the country\u2019s assets have become much more attractive to overseas capital in the&hellip;\n","protected":false},"author":2,"featured_media":79751,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,7097,179,18,19,17,53584,53586,53585,2711,53583,22813,53587],"class_list":{"0":"post-79750","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china-securities-regulatory-commission","10":"tag-economy","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-li-yunze","15":"tag-national-financial-regulatory-administration","16":"tag-pan-gongsheng","17":"tag-peoples-bank-of-china","18":"tag-state-administration-of-foreign-exchange","19":"tag-wu-qing","20":"tag-zhu-hexin"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/79750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=79750"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/79750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/79751"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=79750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=79750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=79750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}