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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

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

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