China Tightens Rules On Non-Financial Firms Investing In Financial Institutions

www.oann.com | 6/21/2013 | Staff
KimmyPooKimmyPoo (Posted by) Level 3
BEIJING (Reuters) – China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial institutions.

China will strictly restrict irrational and blind investment in financial institutions, according to the guidelines issued by the People’s Bank of China and the country’s banking, insurance and...
(Excerpt) Read more at: www.oann.com
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