December 21, 2017 / 11:06 AM / a month ago

China will effectively fend off credit risks in banking sector: regulator

BEIJING (Reuters) - China’s banking regulator said on Thursday it will effectively fend off credit risks in the banking sector and appropriately address hidden local government debt risks.

China will also effectively control risks in the property market, the China Banking Regulatory Commission said on its website.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

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