Tagged: xio yuanqi

Chinese Official Says Country Must Ensure Financial Innovation Maintains Fair Competition and Doesn’t Create Oligopolies

China must ensure that financial innovation is able to maintain fair competition and doesn’t lead to the formation of oligopolies or entry barriers, according to Xiao Yuanqi, chief risk officer at the China Banking and Insurance Regulatory Commission (CBRIC). Xiao, whose comments came during the… Read More

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