PBOC sees three risks to China's banking system

Chinese banks continues to face three major kinds of risk, namely credit risk, performance risk and trans-business risk, according to Xiang Junbo, deputy governor of the People's Bank of China.

Xiang said on Tuesday 26 April that credit risk is the major risk now. Due to lack of information, banks sometimes make wrong judgment of loan and investment, he said.

He said performance risk became an issue when information technology system turned invalid, but financial institution did not make instant

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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