China Bets On SMB Lending To Ramp Up Bank Competition
PYMNTS
JULY 31, 2019
China’s banking regulation is in-flux. This week, JPMorgan Chase announced plans to take advantage of China’s new position on foreign competition, vowing to go “full force” in the nation. More recently, the CBIRC has expanded on those efforts to open China’s banking sector to foreign competition.
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