Xi's War on Risk Tops Financial Work Conference Agenda

The transcript discusses the National Financial Work Conference in China, highlighting its significance as it occurs every five years. The delay in the conference suggests a lack of consensus among policymakers on financial regulatory changes. The discussion also touches on the potential influence of the upcoming Communist Party Congress on the conference's agenda. The possibility of the People's Bank of China gaining more regulatory power is explored, along with the implications of such a change. The transcript concludes with a look at the timing of financial and structural reforms, suggesting that some announcements may occur before the Party Congress, while others may be delayed.

What is the primary reason for the delay in the National Financial Work Conference?

• Lack of consensus among policymakers

• International pressure

• Technical difficulties

• Weather conditions

How might the upcoming Communist Party Congress influence the Financial Work Conference?

• It will frame the discussions at the conference

• It will lead to the cancellation of the conference

• It will have no influence

• It will delay the conference further

Why is it important to address financial regulatory issues before the Communist Party Congress?

• To increase foreign investments

• To align with global standards

• To ensure timely reforms

• To avoid international criticism

What potential change is being discussed regarding the PBOC's role?

• Merging it with another institution

• Reducing its power

• Abolishing the PBOC

• Giving it more regulatory power

When are structural reforms likely to be addressed according to the discussion?

• After the Party Congress

• Before the Party Congress

• During the conference

• Immediately after the conference