'Gray rhino' risks in China's financial sector rising: central bank official [Reuters]
Moody's Corporation (MCO)
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Source: Reuters
'Gray rhino' risks in China's financial sector rising: central bank official | Reuters 3 Min Read BEIJING (Reuters) - The “gray rhino” risks in China’s financial sector are rising and regulators will step up efforts to control them, a senior official at the People’s Bank of China said in remarks published on Monday. Chinese policymakers have warned of potential “gray rhino” events - highly obvious yet ignored threats - as the nation faces increasing uncertainties as the economy slows amid a trade war with the United States. Wang Jingwu, head of the central bank’s financial stability department, expressed long-term concerns in an article in China Finance, a central bank publication. “We need to pay high attention to the risk that the global economy will fall into a recession again in the medium- and long- term, and be alert to its gradual evolution that may trigger a new round of economic and financial crisis,” he wrote. China’s financial markets “are highly sensitive to external shock
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- 3/18/24 - Form 4
- MCO's page on the SEC website