China on Wednesday announced the formation of the Financial Stability and Development Committee, created on the orders of President Xi Jinping to tackle financial risk. Photo: Reuters

China’s super financial regulator headed by vice-premier more powerful than ministries

Established on the orders of Xi Jinping, new body aims to tackle financial risks

Topic |   China economy

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China on Wednesday announced the formation of the Financial Stability and Development Committee, created on the orders of President Xi Jinping to tackle financial risk. Photo: Reuters
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