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Shanghai Jiaotong University's Zhu Ning on PBOC Policy

Zhu Ning, Professor of Finance at the Shanghai Advanced Institute of Finance, says China is using overnight reverse repos to help guide policy rates and ease spikes in funding stress. He also says China's credit slowdown is not necessarily negative, as the country is shifting its growth model. He speaks with Minmin Low on the sidelines of the Lujiazui Forum in Shanghai.

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Bloomberg

US Looks to Expand Nuclear Power as AI Drives Up Energy Demand

Ho K. Nieh, chair of the US Nuclear Regulatory Committee, said that the NRC has taken 'major steps' to reform its framework for licensing nuclear plants and how it conducts regulatory checks as the Trump administration looks to increase the amount of nuclear energy projects in the United States. Nieh said that despite reforms the NRC remains a 'strong regulator' and could not yet reveal which regulations were under review.

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