Chinese regulator will focus on curbing credit and liquidity risks

01/18/2011 | China Daily (Beijing) · CNBC

The China Banking Regulatory Commission plans to curtail liquidity and credit risks while promoting reasonable lending. "We will watch closely for systematic and regional risks, to make sure the banking industry runs stably and safely, and help to promote sound development of the real economy," said CBRC Chairman Liu Mingkang. Meanwhile, the People's Bank of China reportedly reduced this year's lending target for banks.

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China Daily (Beijing) · CNBC

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