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

CHINA PRESS
CHINA PRESS: The China Banking and Insurance Regulatory Commission (CBIRC) will
strengthen counter-cyclical adjustment and aim to improve financial
institutions' due diligence mechanisms, the Shanghai Securities Journal reports.
Citing Liang Tao, vice chairman of CBIRC, the Journal's report says the goal of
these policies is to increase lending to the real economy. China has favourable
conditions in which to maintain the stability of its financial system, and had
sufficient room for macro policy manoeuvres, Zhou said. 

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