China unveils regulation on freezing terrorist assets

Updated: 2014-01-17 13:36


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BEIJING - China on Friday announced a regulation for freezing terrorist assets to cut off funds for terrorist activities as part of the country's efforts to fight terrorism.

The regulation, jointly issued by the People's Bank of China, the country's central bank, Ministry of Public Security and Ministry of State Security, comes into force with immediate effect, according to a statement on the central bank website.