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China should publish bankruptcy laws....>

CHINA PRESS
CHINA PRESS: China should publish bankruptcy laws for financial institutions to
keep financial operations in order and to prevent financial risks, reported
Shanghai Securities News on Thursday, quoting Bai Hexiang, the head of Xi'an
branch of the People's Bank of China. For example, it would be useful to
institute a rule ensuring that a bank frequently going below a 'standard'
capital adequacy ratio will be forced to go bankrupt, reducing the financial
risks brought on by that bank, Bai said.

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