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China regulatory revamp stills leaves scope for arbitrage

China is merging its banking and insurance watchdogs to help close regulatory loopholes, but potential problems remain while the securities watchdog remains separate, experts say.
China regulatory revamp stills leaves scope for arbitrage

Financial regulation in China looks set to become more streamlined in a welcome development for markets, but without further reform there is still some scope for inconsistencies between different watchdogs. 

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