China Regulator Vows Regulation 'with Teeth and Thorns' to Defuse Financial Risk
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China Regulator Vows Regulation 'with Teeth and Thorns' to Defuse Financial Risk

China's financial regulator plans to increase punishment for financial crimes and speed up the time it takes to prosecute them using regulation it calls "with teeth and thorns." The National Financial Regulatory Administration (NFRA)‚ established last year to oversee...