The banking system
Write a report (approximately 3 pages) about the banking system in China, with emphasis on:
The national banks
Foreign banks
Specialized credit institutions
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The banking system in China is experiencing revolutionary changes to accommodate openness. These changes will allow the system to support China’s global trade. Initially, the banking system in the country was based on communism and state ownership. The first phase of these changes was in the early 1980’s. The country continues to adopt new changes even to date. Before these reforms, the People’s Bank of China…………………….
APA
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