BEIJING (Reuters) – China’s central bank issued draft rules on Wednesday on financial infrastructure supervision and management, in a move it said would better serve the real economy.
Amid a complex international environment, the rapid development of financial technology and increasing internet security challenges externally, the lack of coordinated supervision over China’s financial infrastructure becomes more prominent, the People’s Bank of China said in a statement.
(Reporting by Beijing Newsroom; Editing by Andrew Heavens)