China creates new office to coordinate finance, economy
Agricultural Bank of China vice-president Li Zhenjiang tapped as deputy director
Beijing
CHINA'S Cabinet has created a new department to coordinate financial and economic affairs, according to a person familiar with the matter, as the country's leaders seek to restore investor confidence in the government's regulation of markets.
The department under the State Council's general office is tasked with coordinating between China's financial and economic regulators and gathering data from local offices, according the source, w…
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