which country framed ‘One Province, One Policy’ plan to tackle financial risk?

  • A. China
  • B. Japan
  • C. UAE
  • D. United States

Correct Answer: A. China

China frames ‘One Province, One Policy’ plan for financial risk. China’s financial regulator has called on provinces to develop their own plans to address financial risks, as reported by Xinhua News Agency. This comes after officials previously committed to establishing a mechanism to tackle local debt issues. In an interview, Li Yunze, the head of the National Financial Regulatory Administration, emphasized the need for China to enhance its efforts in financial risk management.

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