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Economy

Fund supervision strengthened

1
2017-09-19 09:35Global Times Editor: Li Yan ECNS App Download

China will step up efforts to supervise overseas investment risks and capital flows from insurance funds, the China Insurance Regulatory Commission (CIRC) said on its website on Monday.

The CIRC will strengthen supervision over the use of insurance funds, with a focus on chaotic behavior such as irrational stock market fundraising and overseas acquisitions, said Guo Jing, a CIRC official.

  

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