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China allows banks into U.K. market
- Source :
- Wall Street Journal. Europe. Dec 18, 2007, A20
- Publication Year :
- 2007
-
Abstract
- The China Banking Regulatory Commission will permit Chinese banks to invest client funds in UK mutual funds and the UK stock market per an agreement reached with British financial authorities. The agreement is aimed at gradually expanding China's commercial bank markets and increase international risk control, investment management, and investment opportunities.
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.172553724