China merges bank, insurance regulators to tackle riskChina's government has announced plans to merge its banking and insurance regulators into a more powerful agency to control scandal-plagued finance industries that are struggling with debt.

China's government has announced plans to merge its banking and insurance regulators into a more powerful agency to control scandal-plagued finance industries that are struggling with debt.http://feeds.foxbusiness.com/~r/foxbusiness/latest/~3/WkkW8tHguok/china-merges-bank-insurance-regulators-to-tackle-risk