BEIJING (Reuters) - China central bank will pursue a crack down on illegal fund transfers via underground banks and offshore companies, it said in a statement posted on its website on Wednesday.
The People's Bank of China (PBOC) issued the message in a working meeting last month aimed at strengthening financial sector rules.
(Reporting by Beijing Monitoring Desk; Editing by Shri Navaratnam)
Disclaimer: No Business Standard Journalist was involved in creation of this content
