China to keep closer eye on financial risks amid pandemic challenges: PBOC

China's financial risks are generally under control, while challenges remain as the COVID-19 pandemic has dealt a severe blow to global economic growth, said its central bank.

The People's Bank of China (PBOC) has urged enhanced monitoring and assessment of financial risks, as well as a profound grasp of current trends of development in the respect, according to a video teleconference on financial stability for 2020.

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