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CHINA: Per RTRS: "China's banking and insurance sectors are facing increasing
pressure from rises in non-performing assets, the China Banking and Insurance
Regulatory (CBIRC) said on Saturday. Asset quality at some small and
medium-sized financial institutions is deteriorating due to the coronavirus
pandemic, the regulator said in a statement on its website. The CBIRC also vowed
to strengthen regulation of capital flows and crack down on speculation in the
financial sector to prevent asset bubbles."