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

CHINA PRESS
CHINA PRESS: The China Banking and Insurance Regulatory Commission will continue
to strengthen its supervision of shadow banking and prevent any rebound in the
sector, China Securities Journal reported citing an unnamed official at CBIRC.
The report said the regulator would increase on-site inspections and strictly
handle violations in asset management services, inter-bank, off-balance-sheet
and cooperative business. The balance of inter-bank asset management was 846
billion yuan by the end of the first quarter, down 87% from the beginning of
2017, indicating a significant decline of risks, the official told the Journal. 

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