Southern Perspective Shenzhen

Regulating a stock market is not a simple task, as we discussed in the last post, “The Chinese Stock Market, I’m all in and I make all the rules”. 
There is a fundamental difference between the way in which China regulates its securities market and the way many Western markets are regulated. 
This difference is most observable [...]

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The majority of government regulations that divide the financial services industries in China are still in place, but as is often the case, there are ways of getting around these regulations.
Companies may apply for China Banking Regulatory Commission (CBRC) approval to engage in insurance or securities activities.
It then becomes the regulatory commission’s duty to oversee [...]

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Banks all over China have been salivating over the prospect of being able to offer a wider range of financial services. 
While the last year of financial turmoil has cooled the drive to deregulate the strict divisions placed on the services that Chinese banks and financial institutions have been about to offer.
The first steps towards a [...]

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Last year a friend of mine came to me with a project for an American company that was trying to get a business loan from a major bank here in China.
I asked some banking lawyers in Hong Kong what they thought the client’s chances for obtaining a loan in China were and they all agreed [...]

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China has made great strides in opening up their economy and loosening the restrictions they have in place. However, the Chinese gov’t has not given away all of the power they once had.
Next on the list are leftovers from China’s years of a central planning style of government.
At that point in time, China’s economy had [...]

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I know that banking can be a dry subject, but it is important for people that do business and live in China to have a basic understanding of the way in which the Chinese banking system is setup.
I will do a series of posts that are designed to provide specific information about the structure of [...]

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