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People privy to the oversight said the People's Bank of China will now take into consideration all financing which was not included in the financial statements of banks to determine their overall financial situation.
The Chinese central bank will incorporate certain amendments to its Macro Prudential System to broaden its oversight, adding wealth management products provided by these companies which are excluded in their financial papers.
Its scheme includes bond and equity investments, repurchasing of financial assets, and checks of loans. Sources mentioned the recent changes will now place further prohibitions to curtail increasing debt loads in the country's financial system.
The central bank did not immediately provide a comment on the news.
