China banking regulator eases market entry for foreign lenders

China banking regulator eases market entry for foreign lenders

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

China‘s banking and insurance regulator (CBIRC) has released new rules which make it easier for foreign lenders to enter the Chinese market.

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