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China Daily | Updated: 2017-02-06 08:06

Beijing

Authority to get toughon economic crimes

The Supreme People's Procuratorate has issued a statement promising severe punishments for economic crimes that affect the interests of large numbers of people, including illegally absorbing public deposits and fundraising fraud. It also urged procuratorates to place a higher priority on the prevention of financial risks, cracking down on crimes such as money laundering and underground banking, and taking an active part in online financial risk management.

IN BRIEF (Page 4)

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