The China Banking Regulatory Commission requests that the banking sector monitor the international financial crisis and its adverse impact on China’s economy closely. The banks are requested to improve the forecast and management of major potential risks, and to monitor and control credit risks of crisis-stricken industries and related markets.
Source: Xinhua, November 12, 2008
http://news.xinhuanet.com/newscenter/2008-11/12/content_10347102.htm