Financial Banks news and trends

China Drafts Measures To Ease Foreign-Bank Entry

December 29, 2017
Quick Reads
China Drafts Measures To Ease Foreign-Bank Entry

December 29, 2017
China’s banking regulator has issued a draft measure to amend licensing and oversight of the banking activities of foreign-backed financial companies, according to Thursday (Dec. 28) reports from Reuters. The move is intended to lure investments to China’s financial sector, an economic element that is currently in fast-growth mode. In a statement by the China Banking […]