China Banking Regulatory Commission, Report on Opening up China's Banking Industry to Foreign Investment

中国银监会中国银行业对外开放报告

Foreign banks are encouraged to set up banks with legal personality.

2 minute readApril 02, 2007 at 12:58 AM

clpstaff

& clp articles

Issued: March 2007

Main Contents: Foreign banks are encouraged to establish or restructure existing branches into banks with legal personality registered in China. Foreign-invested banks with legal personality may provide various types of foreign exchange and renminbi services to clients.

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