China's regulatory crackdown not aimed at restricting private firms, says top CSRC official

China's regulatory crackdown not aimed at restricting private firms, says top CSRC official

FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo

China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week.

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