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发帖数: 172 | 1 WSJ Sept.15 03-- China is taking its first tentative steps to allow privatel
y owned banks. Regulators in Beijing are now considering applications to est
ablish five Chinese-owned private banks that would compete against the count
ry's state-owned behemoths, namely the big four.
The private banks are part of China's efforts to prepare its $2.4 trillion b
anking sector for an onslaught of competition that is expected in 2007, when
the country must be open to foreign banks according to WTO rules. |
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