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China’s Banking Regulator Warns of Tough Years Ahead for Banking Industry
China's banking sector regulator has sharply told the country's banking industry the central government in Beijing won't tolerate any further credit expansion that will severely harm the country's efforts to get growth back on track. China's banking sector regulator has sharply told the country's banking industry the central government in Beijing won't tolerate any further credit expansion that will severely harm the country's efforts to get growth back on track.