Premier Li Qiang vowed that China will open wider to the outside world and establish a “broad space” for foreign companies to develop in the Asian nation.
Oil held the biggest daily rally since October as a disruption to supply from Turkey added to easing concerns over the banking crisis.
China’s top anti-corruption agency will inspect some of the country’s biggest and most important state-owned enterprises, including China Investment Corp. and PetroChina Co., in its first major scrutiny under the Communist Party’s new leadership.
Asian equities opened higher Tuesday after US financial shares rose and Treasuries fell as fears of broader contagion from the banking turmoil eased.
Australian Treasurer Jim Chalmers has convened a meeting of his nation’s top financial regulators on Thursday after speaking with key global officials as part of ongoing monitoring of international banking stresses.
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