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Macroprudential regulation

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April 28, 2020

The impact of COVID-19 on China's Balance of Payments and foreign reserves: An update

COVID-19 tends to expand current account surplus while increase capital inflows under capital and financial account. Altogether its impact on China's Balance of Payments is limited.

January 13, 2020

Macroprudential Regulation — A Delicate Balance

Following the crisis, the financial system was extensively reformed to strengthen microprudential regulation, focused on individual entities, and macroprudential regulation, to prevent the accumulation of imbalances in the whole system that may affect the real economy.