It appears that China is set to enact greater control over its market, a move that is sure, in time, to give advantage to the nation-states that ‘allow’ for more open markets.
|China to form national markets supervision management bureau: parliament document|
China has proposed forming a national markets supervision management bureau, a parliament document showed on Tuesday.
The latest ministry shake-up also includes the creation of a new immigration management bureau and the restructuring of the national intellectual property rights bureau.
The proposals will be formally approved by the parliament on Saturday.