Mar

China Creates Super Regulator for $43 Trillion Finance Industry

Move is aimed at preventing financial risks, reducing overlap
Combined CBRC, CIRC will oversee $43 trillion of assets

China is giving its central bank greater regulatory powers while merging the watchdogs responsible for banking and insurance, a key move in the nation’s campaign to curb risks in its financial sector…

Categories : Finance

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China Creates Super Regulator for $43 Trillion Finance Industry

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