China's banking regulators are..........>

CHINA PRESS: China's banking regulators are forcing banks to sell their

high-risk assets through legal markets such as the Beijing Financial Assets

Exchange, China Securities Journal reported Friday. 

- Regulators have punished those that wanted to keep these riskier but

high-return assets by only temporarily moving them off their balance sheets to

meet regulatory requirement: Journal

- Regulators recently are clamping down on such illegal practices and make it

one of the keys of regulatory scrutiny: Journal.

***Comment: China has made preventing financial risks a top priority this year.

Many local banks are unwilling to dispose of risky but high-rewarding assets.

With the regulatory reform soon to be introduced, banks will find it harder to

hide from supervision.