• Chinese regulator assures economy is well-guarded against risks

    The top financial regulator in China has affirmed that policies are in place to support the private businesses in the country and that measures are being implemented to safeguard the economy. This was revealed by the State Council Financial Stability and Development Commission, which acts as a financial regulating body at the Cabinet level. The commission is chaired by the vice premier, Liu He. According to a statement posted by the State Council on its website, the three pillars to healthy economic development include a prudent and neutral…

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