China considering economic super agency

China's state media reported Tuesday 9 January the country will mull a new financial super inter-agency to manage its five trillion dollars held in the nation's various state-run financial institutions.

China's State Council, or cabinet, will consider a proposal this month to establish the oversight body which would coordinate policy among the various economic management and financial regulatory groups, the China Daily said.

"If it is decided that the new framework will be established, it will