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Caixin

Chinese state-owned banks fined $6m for personal information infringement

Branches of China Construction Bank and Bank of China among six lenders cited

China is stepping up efforts to crack down on personal information violations.

China's central bank fined six state-owned banks a combined 41.88 million yuan ($6.3 million) Wednesday for infringement of consumers' personal information rights as the country introduces its first national legislation on the protection of personal data.

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