SHANGHAI: The race for cash among foreign banks in China is heating up as some struggle to rake in enough yuan deposits to meet a regulatory requirement that kicks in at the end of the year. Many of the larger commercial banks operating in China, ... Rush to meet new China bank rules
Friday, October 21, 2011
Rush to meet new China bank rules
SHANGHAI: The race for cash among foreign banks in China is heating up as some struggle to rake in enough yuan deposits to meet a regulatory requirement that kicks in at the end of the year. Many of the larger commercial banks operating in China, ... Rush to meet new China bank rules
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