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MNI Policy: China's Top Regulator Calls For...>

CHINA
CHINA: MNI Policy: China's Top Regulator Calls For Neutral Policy
- The Financial Stability and Development Commission (FSDC), the country's top
financial regulator, called for a neutral monetary policy, and requested the
prevention of "black swan" events and stabilising of stock, bond and forex
markets, according to a statement on the central government website on Monday.
The FSDC, the government agency responsible for coordinating regulation to
prevent risks to the country's financial system, convened a meeting hosted by
Liu He, the vice prime minister, last Friday to improve coordination between the
central bank, Ministry of Finance and National Development and Reform
Commission, aiming to further support the real economy.
- For full story see MNI Main Wire at 03:43 BST 09/10, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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