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China asks UK for advice on super-regulator

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Weaknesses in Chinese regulation were exposed last summer when China's stock markets lost a third of their value in a month, having soared 150 per cent in the previous 12 months.

Hong Kong

China has asked Britain for advice on plans to create a financial super-regulator, as it looks to improve financial oversight following last year's stock market crash, sources with knowledge of the talks told Reuters.

The discussions between representatives from China and