Chinese official seeks more financial cooperation with ASEAN

A high official of China's central bank called for more financial cooperation with members of the Association of Southeast Asian Nations.

China and ASEAN members should enhance financial policy coordination and step up cooperation in areas such as financial market stability and anti-money laundering, Pan Gongsheng, deputy governor of the People's Bank of China, said during the ninth China-ASEAN Expo at the Guangxi Zhuang Autonomous Region.

Pan urged concerted efforts from the two sides to intensify monitoring of cross-border capital flows and draw out a cooperation mechanism on inter-bank local currency clearing.

He also advised the two sides to improve currency swap mechanisms, continue to implement the China-ASEAN free trade area agreements and further open up their financial markets to each other.

For more.

Also Read

Citi appoints new sales head for key Asian markets

Citi combines in Japan, North Asia, and Australia clusters

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia