Mar 14, 2023 08:57 AM

CX Daily: China’s Financial Industry Regulators to Get Reshuffle of Responsibilities

The People's Bank of China on November 20, 2021. 
The People's Bank of China on November 20, 2021. 

Regulators /

Cover Story: China’s financial industry regulators to get reshuffle of responsibilities

China’s financial regulators, burdened by overlapping responsibilities, will consolidate and realign their roles with the creation of a new watchdog unit as part of a massive revamp of government agencies approved Friday at the annual meeting of the national congress.

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