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.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม: