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China will crack down on money-laundering: c.bank

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Reuters BEIJING

BEIJING (Reuters) - China's central bank said on Thursday it will effectively crack down on money-laundering and related crimes to safeguard national security and social stability.

China will also step up and improve money-laundering supervision, the People's Bank of China said on its website.

(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)

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First Published: Apr 26 2018 | 10:17 AM IST

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