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The newly established China Banking.....>

CHINA PRESS
CHINA PRESS: The newly established China Banking and Insurance Regulatory
Commission held a meeting on Thursday emphasizing it will orderly help to lower
leverage ratios of companies, break down shadow banking, prevent the property
sector from accumulating bubbles, and help to deal with local government
implicit debts, reported the Securities Times on Friday. The banking and
insurance sector will further reform and open up, the report said.

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