By Stephen M. Harner, S.M. Harner and Company,Shanghai
Looking for liberalization and greater access in China's banking market can be a frustrating exercise. And heralded liberalization measures have often masked new, more opaque obstacles.
The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.
By Stephen M. Harner, S.M. Harner and Company,Shanghai
Looking for liberalization and greater access in China's banking market can be a frustrating exercise. And heralded liberalization measures have often masked new, more opaque obstacles.
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