From this year, foreign banks can now set up branches in China without a local partner holding the majority stake, the banking regulatory authority, CBIRC, announced yesterday. – EPA pic, January 4, 2020.
CHINA has started lifting major restrictions on foreign investment in its financial sector, a move long demanded by the United States as the world’s two biggest economies are locked in a fierce trade battle. From this year, foreign banks can now set up branches in China without a local partner holding the majority stake, the banking regulatory authority, CBIRC, announced yesterday.
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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: