China vows 'zero tolerance' towards illegal market behaviour


China will show "zero tolerance" towards securities and accounting fraud and will step up a crackdown on major capital-markets crimes, financial regulators said after a meeting of the Financial Stability Development Committee.

SHANGHAI: China will show "zero tolerance" towards securities and accounting fraud and will step up a crackdown on major capital-markets crimes, financial regulators said after a meeting of the Financial Stability Development Committee.

The meeting on Sunday was chaired by Vice Premier Liu He, the cabinet-equivalent State Council said in a statement.

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