Category Archives: 12th Sep 2003

Wrapup 1- China undecided on another bank bailout

12 September 2003 Reuters News English (c) 2003 Reuters Limited   BEIJING, Sept 12 (Reuters) – China has not ruled out another big bailout of its ailing state-run banking sector but sees signs the banks have turned a corner and are on track to meet foreign competition, the country’s new banking regulator said on Friday.…

INTERVIEW-China bank watchdog upbeat on foreign players

12 September 2003 Reuters News English (c) 2003 Reuters Limited   BEIJING, Sept 12 (Reuters) – China’s new banking regulator said on Friday foreign banks should begin making up lost ground and challenge local peers within months, dismissing concerns they are losing market share in a potentially highly lucrative market. Foreign banks now command a…