Lou Jiwei, chairman of the National Council for Social Security Fund and a former minister of finance, has painted a gloomy picture of the state of China’s financial systems. Photo: Simon Song

Financial risk facing China worse than in US before global crash, former finance minister says

Systems have become distorted and messy, National Social Security Fund Council chairman Lou Jiwei says

Topic |   China economy

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Lou Jiwei, chairman of the National Council for Social Security Fund and a former minister of finance, has painted a gloomy picture of the state of China’s financial systems. Photo: Simon Song
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