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China's aviation watchdog has announced mandatory1 inspections2 for all Chinese-made MA-60 aircraft.
The announcement made Friday follows two incidents involving the plane's landing signal system.
Local authorities in the eastern Chinese city of Wenzhou are set to legalize private lending this weekend.
It will be the first such move on the Chinese mainland.
Under the new regulations, companies are allowed to borrow money through private financial institutions.
The move is part of the Chinese government's efforts to liberalize the country's financial sector3.
A liquidity4 crunch5 in underground lending caused a credit crisis in Wenzhou back in 2011.
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