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China bank regulator warns of ‘bubble’ in foreign markets – business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. China’s banking regulator has given the markets a jolt this morning, warning that there is a risk of asset bubbles building abroad. Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, told a news conference in Beijing today that financial markets in Europe, the U.S.

 

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They are correct. Cheap money being created by governments is being gambled on the markets

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FTSE 100 edges higher despite warning from China of market bubble‘I’m worried the bubble problem in foreign financial markets will one day go pop,’ says Guo Shuqing, head of the China Banking and Insurance Regulatory Commission
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