As China Revamps Regulation, PBOC Gears Up for Central Role
- Central bank is monitoring areas once left to other regulators
- PBOC also aims to set up more offices around the nation
PBOC Gears Up for Central Role
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As China’s leaders consider ways to improve market oversight and avoid the kind of boom and bust in equities that shook investors around the world last year, the nation’s central bank is already extending its oversight to areas beyond its traditional focus.
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