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2019-04-22 02:19 来源:中国涪陵网

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  东方汇原标题:续航500公里,概念车进入大众国产SUV计划3月23日,在大众品牌SUV之夜上,除了全新一代途锐、一汽-大众T-Roc、上汽大众全新紧凑级SUV等重磅新车以外,还有一款名为的跨界SUV概念车也相当吸引人们的眼球。这显然不是购房者所希望看见的。

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核心提示:本文摘自:中国新闻网,作者:张丽,原题:周恩来堂侄首次公开解读周恩来两封家书1921年周恩来伦敦家书收信人为他的二伯父周贻康,而不是五伯父周贻鼎或其他叔父。

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  但9·11事件后,新兴大国和非国家行为体迅速崛起,对美国的军事主导地位,特别是军力投送能力构成牵制。

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  东方汇尾部的造型十分流畅,精干的掀背尾门配合宽体式后保险杠,呈现了十分富有动感的后部设计。

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Text:AAAPrint
Economy

China means business with its tough financial regulation

1
2019-04-22 08:25Xinhua Editor: Gu Liping ECNS App Download
东方汇 本届德国赛之前,如果我们说,石川佳纯在前两轮连续击败两位中国选手,或许没有人会信,如果我们说,中国台北选手郑怡静也能连续击败咱们两位选手,或许依然没有人会信。 通州龙卷风

China is in the midst of what proponents are heralding as its harshest crackdown on financial risks in history: a campaign that is by no means a fleeting gesture.

This is not the first time that the central authorities has stressed to address financial risks, but a such a concerted, comprehensive push is rare.

China's top leadership promised last week to review financial regulations after the financial watchdog rolled out a string of tightening measures targeting shadow banking and other undesirable practices.

The authorities' determination is undoubtable, however, supervisory tightening could face challenges in the short term.

The results of official and private surveys indicate that China's manufacturing activities were easing expansion, and jitters over tightening policies are already palpable on the financial markets, stoking sentiment of an abrupt end to tightening.

One thing is clear: China will not backtrack -- deleveraging is good for the economy.

Regulation released this week targeted local debt and illegal fund-raising.

While the country's overall leverage ratio is manageable, in some sectors it is expanding at an alarming pace.

The authorities are on top of financial risks. A financial crisis occurs when those in power bury their heads in the sand and refuse to act. Here, the challenges have been recognized, but it is important that they are dealt with in a timely manner and with the correct measures.

Leverage comes by the pound and goes away by the ounce. The stockpile of debt from previous governmental over-stimulus alongside poor corporate management and lax financial supervision will take time to digest.

Deleveraging is no overnight task. It will be a gradual process calling for a delicate balance between tightening regulation and avoiding financial turmoil.

Poor coordination among financial regulators has the potential to lead to faster-than-intended slowdown of credit growth and greater market volatility, throwing the economy into a downward trap.

At the end of the day, sustainable growth is the fundamental target. China should watch its pace when deleveraging the economy to ensure the financial sector is under pressure to continue to reduce leverage while avoiding any systemic financial crisis.

The war against financial risks is already on and it will take time and planning to see financial markets return to a sustainable track.

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