China will reduce the number of high-risk institutions - central bank

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, March 15 (Reuters) - China will actively and steadily reduce the number of high-risk institutions,the central bank said on Wednesday. The country will prevent systemic financial risks, the People's Bank of China said in a statement.
(Reporting by Kevin Yao and Ella Cao; Editing by Andrew Heavens)

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