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CBIRC chairman: China’s financial industry need not worry about market opening and reforms

The chairman of the China Banking and Insurance Regulatory Commission (CBIRC) has told China’s financial industry it has nothing to fear from the opening of China’s financial markets to the external world. Touching on the full-range of concurrent hard-hitting reforms the state is currently unleashing on China’s financial markets, Guo Shuqing, the outspoken CBIRC chairman, did not mince words and…

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