December 20, 2020

#DayNewsFeed #ChinaNewsChina’s former finance minister Lou Jiwei has criticised the country’s financial regulators, saying they had ignored systemic risks.In a speech made at the China Wealth Management 50 Forum in Shenzhen on Sunday, Lou highlighted a number of regulatory failures in the supervision of banks and bond markets and warned the country’s mounting debt threatened the economy.He…

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