The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP
The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP

China orders coal and energy funding to ease power crisis, warns against Moutai and Puer tea investment

  • Banks and other financial institutions should prioritise lending to qualified mines and power plants so they can increase thermal coal and electricity output
  • The China Banking and Insurance Regulatory Commission also warned against investments in high-end consume goods such as Mou-tai liquor and Puer tea

Topic |   Banking & finance
The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP
The China Banking and Insurance Regulatory Commission has warned against investments in high-end consume goods such as Mou-tai liquor. Photo: AFP
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