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China bank regulator tells lenders to rein in risks

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China's banking regulator has urged lenders not to pay out extraordinary dividends and to limit their local government debt exposure, two people with direct knowledge of the matter told Reuters on Monday.

Shanghai

CHINA'S banking regulator has urged lenders not to pay out extraordinary dividends and to limit their local government debt exposure, two people with direct knowledge of the matter told Reuters on Monday.

The China Banking Regulatory Commission said that banks' retained

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