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‘One Province, One Policy’
December 9 , 2023
223 days
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- China's National Financial Regulatory Administration introduced a tailored "One Province, One Policy" strategy for financial risk management.
- Instead of adopting a one-size-fits-all strategy, provinces are urged to formulate their own policies to address specific challenges and risks.
- It is exacerbated by the lingering effects of restrictive Covid Zero policies and a persistent property crisis.
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