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The China Banking and Insurance.........>

CHINA PRESS
CHINA PRESS: The China Banking and Insurance Regulatory Commission(CBIRC) will
move to increase the number of small and medium-sized banks and insurers and
expand their businesses, according to The Paper. Citing Xiao Yuangi, the CBIRC's
chief risk officer and spokesman, The Paper says the measures are the first step
in promoting supply-side reform in the financial sector, and that more foreign
financial institutions will also be added.   

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