How China's savers support state companies

Article Abstract:

The Chinese government is implementing a crackdown on underground loan markets to protect its state banks. The underground loan markets developed because of distorted policies in China's financial systems. The government should restructure the country's financial system, particularly policies on loan quotas, interest rate and price caps. This restructuring would prevent the proliferation of the illegal financial sector and increase the efficiency of the country's financial systems.

Financial Services, Finance and Insurance, Financial services industry

---

China to launch new law: rules will make it easier to regulate securities

Article Abstract:

China is close to launching a new securities law that could be published in late 1998 or in early 1999. The law was created by Li Yining of the Beijing University. The China Securities Regulatory Commission's regulations currently manages the country's equity trade. The regulations are also issued by local stock market authorities in Shanghai and Shenzhen. The new laws will be easier to enforce according to one analyst.

Comment:

China: China close to launching new securities law that could be published in late 1998 or in early 1999

Securities Brokerage, Stockbrokers, Article

---

Beijing to shut majority of the Country's trust firms

Article Abstract:

With trust firms in China having bad debt of at least $25 billion, the Beijing government plans to close more tha 150 of the 240 firms in the industry. The problem became public when the government last year declared Guangdong International Trust and Investment Corp. bankrupt with 4.7 billion in total debts.

Organizational history, Nondeposit trust facilities, Trust Companies, Trust, Fiduciary, and Custody Activities, Statistical Data Included, Brief Article, Guangdong International Trust and Investment Corp.

Similar abstracts:

• Abstracts: Recyclable waste collection planning- a case study. Choosing a solid waste management system using multicriteria decision analysis
• Abstracts: Using buyer's information processing to formulate selling strategies. Political activities in the global industrial marketplace
• Abstracts: Whiter, brighter, healthier teeth now. Great teeth for life! Secrets to a perfect smile
• Abstracts: 'Dot-com' craze stirs IPO pros; investment bankers compete to make a buck on potential Internet frenzy. Frontline delays its IPO
• Abstracts: Market profile 4: dairy products in Belgium. Spirits in Germany. Dairy products in Spain

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.