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China steps up campaign to curb rising risks in financial sector

Regulator resists lobbying to relax the rules governing bad-loan buffers 

Nine of 15 respondents in a Bloomberg survey in June predicted the Chinese government will be forced into a recapitalisation of the banks within two years, as bad loans surge.


CHINA is stepping up efforts to rein in risks in the financial sector, curbing banks' use of complex financial products and resisting lobbying to relax the rules governing bad-loan buffers. 

China's banking regulator is pushing back against requests from the country's...

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