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China bank regulator warns of ‘bubble’ in foreign markets – business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. China’s banking regulator has given the markets a jolt this morning, warning that there is a risk of asset bubbles building abroad. Guo Shuqing, head of the China Banking and Insurance Regulatory Commission, told a news conference in Beijing today that financial markets in Europe, the U.S.

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They are correct. Cheap money being created by governments is being gambled on the markets

thanks

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