Home PBOC: Will strengthen financial supervision and prevent risks in financial opening process

PBOC: Will strengthen financial supervision and prevent risks in financial opening process

Published date: 16 Jan. 2020 | 05:22

The People’s Bank of China (PBOC), Chinese central bank, said in a statement on Thursday, it will strengthen financial supervision and prevent risks in the financial opening process.

The Chinese financial institutions are completely capable in coping with foreign competition in the financial opening, the PBOC noted.

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