Break up the China banks, says Wen
The strength of China's state-owned banks is overwhelming and must be cut to size, said Chinese Premier Wen Jiabao.
China’s state-run banks are too powerful and should be broken up Chinese Premier Wen Jiabao said during an address on China National Radio on April 3. This should provide hope for small and medium-sized enterprises (SMEs) in China who have long complained that state-controlled banks favour lending to state-owned firms.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
