China's Strategic Controls on Property Sector and Financial Risks
Vice Premier He Lifeng announced China's focus on managing property sector risks, local government debt, and small financial institutions. The country aims to prevent systemic risks and combat illegal financial activities, as reported by state broadcaster CCTV.
- Country:
- China
China will control the intertwined risks in the property sector, local government debt and small local financial institutions, Vice Premier He Lifeng said on Tuesday.
The country will also seek to prevent systemic risks and crack down on illegal financial activities, state broadcaster CCTV quoted He as saying.
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