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China wants more privately owned banks
Published Sun, Jun 28, 2015 · 09:50 PM
Beijing
CHINA'S banking regulator said that it will permit the establishment of more privately-owned banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector.
The government has taken a series of steps to increase the participation of private capital in the financial sector with the aim of improving services to non-…
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