News Snapshot:
The head of the Chinese central bank has touted the use of the country’s financial inclusion campaign to help the economy to successfully weather the impacts of the COVID-19 pandemic. “China’s successful response to the shock of COVID-19 amply proves that the Chinese socialist market system is the world’s most resilient system,” said Yi Gang, head of the , during a speech delivered on 20 October at the 2021 Financial Street Annual Forum (2021金融街论坛年会). Yi highlighted the key role that the financial sector and markets play under China’s current mixed economic system. “Under the socialist market economic system, the function...
