May 22, 2024 02:18 GMT
Prevent Interlinked Financial Risks - He Lifeng
CHINA PRESS
MNI (BEIJING)
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Authorities must coordinate to prevent and control interwoven risks involving real estate, local-government debt, and small and medium-sized financial institutions, Vice Premier He Lifeng has told senior government leaders at a financial conference in Beijing. Premier Li Qiang said officials must ensure financial services serve the real economy, make reforms to the local financial management system, and prevent systemic financial risks. (Source: 21st Century Business Herald)
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