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China's Xi vows to strengthen anti-monopoly efforts

China's Xi vows to strengthen anti-monopoly efforts

reuters.com · 04/30/2022 04:07
China's Xi vows to strengthen anti-monopoly efforts

- China should strengthen its anti-monopoly efforts and prevent disorderly expansion of capital, President Xi Jinping has told a meeting, the state news agency, Xinhua, said on Saturday.

China will prevent financial risks, and focus on tackling risks from non-performing assets and bubbles, said Xi, who chaired Friday's meeting, and promised punishment for corrupt behaviour in the capital sector.




(Reporting by Min Zhang and Kevin Yao; Editing by Clarence Fernandez)

((min.zhang@thomsonreuters.com; (8610) 5669-2105;))