China | China gets tough on debt with 'Rottweiler regulator'

China gets tough on debt with ‘Rottweiler regulator’

People's Bank of China handed increased powers as financial shake-up points to Liu He's influence

March 13, 2018 6:37 PM (UTC+8)
By turning the new regulatory body into a Rottweiler, Beijing hopes to get a grip on debt. Photo: iStock
By turning the new regulatory body into a Rottweiler, Beijing hopes to get a grip on debt. Photo: iStock
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