Two views on China's shift in its regulatory stance concerning foreign banks. The Chinese view in the 21st CBH article below says this gives foreign banks equal treatment and is evidence that China's financial opening is picking up speed. The FT article argues that nothing fundamental has changed.
外资行准入门槛再降市场份额能上去吗?
China eases rules for foreign banks
Year Twenty Begins
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FEEDThe longer I live, the shorter life gets. It’s a truism, I suppose, and
one of many which occur to humans as the years roll by. See, I started
Slope as...
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