ASFRC

AcronymDefinition
ASFRCAsian Shadow Financial Regulatory Committee
References in periodicals archive ?
At the same time, China is boosting overseas investments, which ASFRC said reflected the country's desire to use trade surpluses to invest in real assets abroad, especially in infrastructure.
On the stock market rout in China, ASFRC said a reduction in consumer demand would happen only if a substantial part of private wealth was correlated with stock market indices.
ASFRC argued that in organizing the production and allocation of goods, China's system has proven it is just as successful as the Western system but is performing less well in guiding financial transactions.