January 26, 2018 / 11:24 AM / 3 months ago

China banking sector faces challenges, cannot be blindly optimistic: regulator

BEIJING (Reuters) - China’s banking sector faces several major challenges and cannot be blindly optimistic, the industry regulator said on Friday.

The regulator will lower corporate debt, curb household leverage and control individual loans this year, it said in a statement on its website.

Reporting by Beijing Monitoring Desk; Editing by Clarence Fernandez

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