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China strips former bank regulator head of parliamentary seat over 'serious violations'
Summary by Asia One
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China strips former bank regulator head of parliamentary seat over 'serious violations'
BEIJING — Li Yunze, the former head of China's National Financial Regulatory Administration (NFRA), has been stripped of his seat in China's parliament for "serious violations of discipline and law", according to an official announcement.Li is no longer a deputy to the 14th National People's Congress, said the statement last week from the standing committee of the Sichuan provincial legislature.Reuters...
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