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2018年03月05日 11:02

The Need for Vigilance in the Face of Liquidity Risks

Regulators from different government agencies have rolled out a series of policy directives aimed at reducing financial risk,curbing irregularities and ensuring that financial institutions are serving the real economy. The provisions of these documents are unprecedented in terms of scope and strictness. But these regulatory efforts,ambitious as they are,should not give rise to a false sense of confidence. The financial system still faces potential liquidity risks as regulators try to reduce leveraging in the world's second largest economy,and there is a need for f......

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