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Greater accountability for regulators needed: Xi

China's president also tells central bank to play a bigger role in managing financial risk

Mr Xi said on Saturday that regulators must share industry data within their jurisdictions and coordinate their financial regulations.


CHINA'S central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial system, President Xi Jinping said at a once-in-five-years government work conference that ended on Saturday.

Financial security is a vital part of...

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