CBRC warns over product leverage



China's main banking regulator has warned banks to conduct sufficient research to understand clients' needs and refrain from selling them products above their risk-bearing capacity, if they want the development of a derivatives products market in the country to continue.

The message from Li Fuan, head of the innovation department at the China Banking Regulatory Commission (CBRC) in Beijing, came after the authorities' moved last month to suspend foreign exchange margin trading business offered by

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