By Stephen M. Harner, S.M. Harner and Company, Shanghai
That Chinese banking has reached a new and more hopeful stage is amply evidenced by the NPC Standing Committee¡¦s adoption of
New Laws Boost Banking Industry Supervision and Management
China has revised two of the country's key commercial banking laws, and has issued a concrete formulation of the role and responsibilities of the China Banking Regulatory Commission and this has been welcomed by industry watchers.
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