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China banking regulator issues risk control guidelines

Advice on bad loans follows measures including curbs on wealth management products, probes into assets

Fears of a property market crash are growing in China as more cities battle to cool heated housing prices by imposing tougher lending requirements.


CHINA'S banking regulator said on Monday it has issued guidelines on risk control for lenders, as authorities ramp up efforts to contain risks from a rapid build-up in debt.

The move is the latest in a slew of measures taken by China's regulators to reduce leverage and...

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