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SITUATION REPORTFeb 4, 2019 | 14:53 GMT
China: Beijing Increases Central Bank's Financial Oversight

China's State Commission Office for Public Sector Reform has announced that authorities will empower the People’s Bank of China (PBOC) to exercise greater oversight of risky financial practices in the country's banking system and coordinate the activities of its fragmented regulators, Caixin reported Feb. 4.

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