China to Prevent Fiscal Risks by Improving Internal Controls

May 29, 2025, 10:15 AM UTC

China’s Ministry of Finance vows to improve the internal control system, in an effort to prevent risks in key areas such as anti-corruption work, according to a ministry statement after a meeting Wednesday.

  • The ministry will also strengthen internal controls of its local units and fund companies that it manages

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Li Liu in London at lliu255@bloomberg.net

To contact the editors responsible for this story:
Meg Shen at mshen145@bloomberg.net

Alan Wong

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