Why China’s financial stability law is not the answer in a tough 2022

While China’s proposed financial stability law - which includes a designated fund - makes sense for long-term credit risk prevention, it won't do much to lift investor confidence over the short term, experts say. Instead, investor appetite for China still depends on policy visibility around interest rates and a potential reverse in the housing and technology sector, they say. The People's Bank of China (PBOC) on April 6 released a draft of the financial stability law which inclu…