November 15, 2017 / 3:58 AM / a month ago

China c.bank adviser: shouldn't rely on administrative steps to lower funding costs

BEIJING, Nov 15 (Reuters) - China’s central bank policy adviser Huang Yiping said on Wednesday that the market should not rely on administrative measures to lower funding costs.

Huang, speaking at a forum, also said he is concerned about impact from financial deregulation in the United States. (Reporting by Kevin Yao; Writing by Beijing Monitoring Desk; Editing by Shri Navaratnam)

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