www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

  Home>News Center>China
       
 

China to relax curbs on foreign bank branches
(Reuters)
Updated: 2005-09-22 19:26

AWASH IN DEBT

Beijing has made a priority of reforming its banking sector, fearing its $200 billion of bad debt could jeopardise future economic stability.

The government has urged domestic banks to seek foreign capital and expertise.

Now, Beijing especially encourages foreign banks to set up branches in the country's under-developed west, hoping to divert more foreign capital there in line with the country's "go west" economic policy.

"Foreign banks may directly apply for the establishment of operational branches in western China, without having to open representative offices first," Xinhua News Agency quoted Xu Feng, a director within the CBRC, telling foreign bankers visiting Sichuan province in western China on Tuesday.

Dutch lender ABN AMRO , which has applied to open a branch in Sichuan's provincial capital of Chengdu, hoped to be the first to do so directly, Xinhua cited an ABN AMRO official as saying, in a report issued late on Wednesday.

Industry regulators also planned to ease other curbs this year that had long irked some foreign players, including a tacit rule that limited overseas lenders to opening one branch a year, the Shanghai-based bankers said.

Previously, regulators have sought to control expansion via that restriction, industry executives say. But bankers said on Thursday this practice would be phased out.

"Though it's not a written rule yet, we (foreign banks) now have an understanding with the regulator on this matter," said a British bank executive in Shanghai. "Foreign banks can now open two branches a year, or more."

London-based HSBC Holdings Plc. , the world's third-largest bank by market value, upgraded two representative offices in China's west into full-fledged branches this year.

Other restrictions may remain, including higher initial capital requirements levied on foreign banks than on local ones for setting up a branch.


Page: 12



Soaring tide of Qiantang River
Li Ao in Peking University
Heavy rainfall hits Lianyungang
  Today's Top News     Top China News
 

Zoellick: U.S.-China relationship 'complex'

 

   
 

Crippled plane lands safely at LA airport

 

   
 

Katrina's death toll climbs past 1,000

 

   
 

Russia, China warn against antagonizing Iran

 

   
 

Firms mull China-Russia gas pipeline

 

   
 

High tuition fees drive mother to suicide

 

   
  US to press China on currencies at G7 talks
   
  Russia, China warn against antagonizing Iran
   
  'Increasing competition brings trade frictions'
   
  Princess Anne visits Beijing equestrian club
   
  Message to employers: Staff want more cash
   
  Beijing aims for safer National Day holiday
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 久久一本色道综合 | 三级全黄的全黄三级三级播放 | 国产精品三级国语在线看 | 亚洲国产一区二区在线 | 亚洲一级免费视频 | 国产日韩不卡免费精品视频 | 免费一级毛片私人影院a行 免费一级毛片无毒不卡 | 玖玖在线免费视频 | 亚洲天堂久久精品 | 欧美日韩免费做爰视频 | 国产欧美一区二区三区免费看 | 亚洲欧美视频一级 | 美女的让男人桶到爽软件 | 精品一久久香蕉国产线看播放 | 亚洲成人一级片 | 最新福利片v国产片 | 手机在线成人精品视频网 | 在线视频免费国产成人 | 91刘亦菲精品福利在线 | 精品久久久久不卡无毒 | 午夜欧美日韩在线视频播放 | 中国一级做a爱片免费 | 亚洲高清一区二区三区四区 | 一级女性全黄久久生活片免费 | 男女免费视频 | 99久久精品费精品国产一区二 | 亚洲欧美另类自拍 | 精品一区二区三区视频在线观看 | 91精品国产高清久久久久久io | 伊在人香蕉99久久 | 波多野结衣aⅴ在线 | 亚洲成a人伦理 | 国产精品久久毛片 | 北条麻妃在线一区二区 | 亚洲国产天堂久久综合网站 | 波多野结衣在线观看一区二区三区 | 思99re久久这里只有精品首页 | 中文字幕一区二区视频 | 国产欧美精品一区二区 | 国产成人精品无缓存在线播放 | 精品国产成a人在线观看 |