UPDATE 1-China eyes more private banks, allow more foreign participation

[ahlam1399]

UPDATE 1-China eyes more private banks, allow more foreign participation

UPDATE 1-China eyes more private banks, allow more foreign participation
BEIJING, June 26 (Reuters) - China's banking regulator said on Friday that it will allow the establishment of more private banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector.

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