January 16, 2019 / 9:13 AM / 4 months ago

China to continue crackdown on financial risks in 2019 - regulator

SINGAPORE, Jan 16 (Reuters) - China will crack down further on irregularities in financial markets and reduce shadow banking risks this year, the banking and insurance regulator said in an annual work conference on Wednesday.

The regulator will also steadily push forward structural de-leveraging and balance the need for stable growth while managing risks, it said in an online statement.

Reporting By Beijing monitoring desk and Shu Zhang; Editing by Kim Coghill

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