Econ and Finance - 01 Aug 2017

CBRC homes in on rent-seeking

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While the PBoC has been inspecting the banks, China’s other banking regulator (the CBRC) has been inspecting itself.

Over the weekend the CBRC held its mid-year work conference. One of the top agenda items was to boost its role in reducing corruption and rent seeking in the financial sector...

Snuh-ohez.

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