China's losses from derivatives turn political
This is a discussion on China's losses from derivatives turn political within the China News forum, part of the Doing Business in China category; Government body supports efforts by state-backed groups to break contracts, write Sundeep Tucker and Robert Cookson More......
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Sep 15th, 2009, 11:40 AM
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Re: China's losses from derivatives turn political
Foreign banks have made relatively few inroads in China since the start of the decade when the country’s financial markets were clawed open by global trade agreements.
Overseas banks’ market share of loans, retail deposits and trading of domestic securities remains painfully low, dwarfed by powerful local competitors. |
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