The growing risks in China's financial sector have long been a hot topic on Wall Street, but until recently, the country’s policymakers have been willing to overlook these risks as growth has blossomed. Now, however, it looks as if the region’s lawmakers are finally starting to take action to stabilize the financial sector.
In a research note published this week, HSBC points out that the first step policymakers have taken to reduce growing financial risks is to convene the Central Politburo on 25 April for the first...
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