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APEC CEO summit kicks off in Hanoi |
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Over 1,100 representatives from leading multi-national corporations of the Asia-Pacific region gathered in Hanoi Friday, kicking off the two-day Asia-Pacific Economic Cooperation (APEC) forum's CEO Summit.
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CBRC: Foreign financial institutions encouraged to join China's commercial banks |
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Foreign financial institutions with good credit are encouraged to join China's commercial banks by share purchasing and equity participation, said Wang Zhaoxing, assistant chairman of the China Banking Regulatory |
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China requires strategic investors to be commercial banks |
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Only commercial banks are allowed to control wholly funded foreign banks and foreign joint venture banks in China, Wang Zhaoxing, assistant Chairman of the Banking Regulatory Commission, said on Thursday at a |
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China still gives tax preferential treatment to foreign-funded banks |
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After the full openness of China's banking sector, China will continue to give tax preferential treatment to foreign-funded banks that have been locally incorporated.
Song Dahan, deputy director of |
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Spokesman: no application received for GDB acquisition |
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The China Banking Regulatory Commission (CBRC) has not received any application for qualification examination on the acquisition of the Guangdong Development Bank (GDB), said Wang Zhaoxing, assistant chairman to |
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Official: new regulations to open banking sector comply with WTO rule |
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China's new regulations to open the Renminbi service to locally-incorporated foreign-funded banks comply with the principle of the World Trade Organization (WTO).
Song Dahan, deputy director of the |
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