Even China's Banking Chief Warns----Black Swan Event Could Threaten Financial Upheaval

China's banking regulator chief warned that a "black swan," or an unforeseen event could threaten the country's financial stability, official People's Daily reported on Wednesday....Guo said the dangers stem from the pressure of rising bad debt, imperfect internal risk systems at financial institutions, the relatively high levels of shadow banking activities and rule violations.

https://www.cnbc.com/2018/01/16/black-swan-event-could-threaten-chinas-financial-stability-warns-banking-regulator-chief.html

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