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With economy stable, China steps up quest to rein in credit
State Council says new high-level committee led by NDRC chairman will seek to ensure companies reduce leverage
Published Wed, Oct 26, 2016 · 09:50 PM
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Shanghai
CHINA'S policymakers are stepping up efforts to rein in risks stemming from rampant growth in shadow banking products, elevated corporate debt and surging home prices.
A new ministry-level committee led by National Development and Reform Commission (NDRC) chairman Xu Shaoshi wi…
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