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The People's Bank of China's............>

CHINA PRESS
CHINA PRESS: The People's Bank of China's announcement on Friday of new rules
covering asset management products (AMPs) that clamp down on the practice of
guaranteeing investment returns is a campaign to "remove landmines" in the
financial sector, the official Xinhua News Agency said Tuesday. The PBOC
regulation is beneficial for banks, as it helps stop financial institutions from
accumulating risks, and it also protects investors, the report said. (Xinhua
News Agency)

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