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On Nov. 11 Lin Qiyun, director-general of the Accounting Department at China’s Ministry of Finance, told a press briefing that during the 15th Five-Year Plan period the ministry will tighten rule-of-law oversight and use the accounting supervision sy

2026-11-11

On Nov. 11 Lin Qiyun, director-general of the Accounting Department at China’s Ministry of Finance, told a press briefing that during the 15th Five-Year Plan period the ministry will tighten rule-of-law oversight and use the accounting supervision system as a key lever. The ministry will accelerate system-wide advancement of accounting standards and speed up supporting rules for the CPA industry, build a coordinated, efficient accounting supervision framework, and lawfully impose forceful, full-chain penalties on financial-statement and audit violations to preserve market economic order.

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2026-11-11

PBOC Deputy Governor Xuan Changneng attended the Bank for International Settlements (BIS) governors' meeting in Basel on Nov. 8-9, 2026. Governors exchanged views on the global economic and financial outlook, FX market functioning, central-bank balan

PBOC Deputy Governor Xuan Changneng attended the Bank for International Settlements (BIS) governors' meeting in Basel on Nov. 8-9, 2026. Governors exchanged views on the global economic and financial outlook, FX market functioning, central-bank balance-sheet management and artificial intelligence. Xuan held bilateral talks with other central-bank representatives on shared concerns and bilateral financial cooperation.
2026-11-10

U.S. Defense Secretary Hergsays: We are ready and prepared to act if Iran takes the wrong action.

U.S. Defense Secretary Hergsays: We are ready and prepared to act if Iran takes the wrong action.
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