In the News: Foreign Debt Reforms; Risk Classification of Bank Assets; and First Foreign-Owned Securities Firm
Feb 15, 2023
| By Hugo Yeung and Clarence Lee
China has imposed new regulations on PRC companies raising foreign mid-to-long-term debt; It also has introduced stricter measures on bank asset risk classification; and for the first time, it has granted a wholly foreign-owned securities firm permission to be established in China.
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