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English > Politics > Politics-newsbrief>Insurance Regulator Alerts Authorities to Risks of Bailout Programs

Insurance Regulator Alerts Authorities to Risks of Bailout Programs

09-08 19:24 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-09-08/110242705.html

» Li Kemu, vice chairman of the China Insurance Regulatory Commission, alerted the government to risks of triggering another economic crisis by launching bailout programs at a Sept. 8 financial and real estate forum hosted by Caijing.
» Li pointed out that there are high risks of excess liquidity from central banks and financial institutions.
» He noted that the Chinese government is studying possible measures to strengthen macro-prudential regulation and supervision on creative business as well as on counter-cyclical economic activity.
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