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Chinanews, Beijing, December 19 – According to the Banking1 Regulatory Commission of China, by the end of last October, 35 overseas organizations had invested a total of $21 billion of capital on 23 Chinese banks.
The Banking Regulatory Commission has always been keen on encouraging qualified2 overseas investors3 to take part in the reform of Chinese banks, and to introduce advanced management to them, improved organization, and effective risk control measures to the latter, so as to enhance the overall competitiveness of Chinese banks.
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