中文幕亚洲精品乱码色偷偷亚_国产午夜性爽视频男人的天堂_欧美高潮流白浆喷水在线观看_亚洲夜色久一久二亚洲琪琪卡一卡二_暖暖亚洲一区二区三区AV无码

China's banking regulator imposes record high penalties in 2018

Source: Xinhua| 2019-01-12 12:15:07|Editor: Yamei
Video PlayerClose

BEIJING, Jan. 12 (Xinhua) -- China's banking watchdog imposed over 3,800 penalties in 2018, a record high.

Lending to the real estate sector is a key area for regulation, with over 30 banks punished for rule-breaking practices.

China Minsheng Bank was fined 31.6 million yuan (4.68 million U.S. dollars) early last December for irregularities including investing wealth management funds in the property market.

Misdeeds in lending and lack of supervision might give rise to loan default and fraud, inducing financial risks, increasing household leverage and inflating the stock and real estate bubbles.

Chinese authorities decided early last year to crack down on illegal property financing activities as part of efforts to curb real estate market speculation.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011103261377382501