Money
CBRC head warns risk of cross-border capital flows
(Xinhua)
Updated: 2011-05-20 13:43
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SHANGHAI -- China's top banking regulator on Friday warned the country's banking system to prepare for the adverse impact of massive cross-border capital flows.
Liu Mingkang, chairman of China Banking Regulatory Commission (CBRC), made the remarks at the Lujiazui forum, an annual gathering of top Chinese financial officials.
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