BEIJING—China’s financial regulators on Nov. 27 released broad guidelines on new rules aimed at tightening supervision of financial institutions that are deemed “too big to fail,” the latest step by Beijing to fend off systemic financial risks amid a slowing economy.
China’s economic growth is expected to hit 6.6 percent this year and slow to 6.3 percent in 2019 as the country struggles with challenges relating to trade and structural reform, economists from Beijing’s Renmin University said in a report.
