Financial institutions face increasing credit risks: China central bank vice governor

April 24, 2016 4:21 AM

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Financial institutions face increasing credit risks: China central bank vice governor

BEIJING Financial institutions are facing increasing credit risks, China central bank vice governor Chen Yulu said on Sunday, according to a report published by the official Shanghai Securities News.

Factors that influence financial market stability also are on the rise, especially as China experiences continued economic downward pressure, the newspaper cited Chen as saying.

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