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Thread: US should allow China to enter its banking area!
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[quote=JIMMYB,249008]But frankly, Chinese banks have to work on their transparency, and not only banks. We shall not open to any market to any company in any country whose management is untrustworthy. Yes, ERENCIUS. At present, those state owned banks have started their reform plan. The ICBC (Industrial and Commercial Bank) and CCB (China Construction Bank) have gone public. I remember that Paul once said that it means that those state owned banks were sold to the individuals or corporations to make profits. But the common peolple lost out by that amount. What do you think of it? [/quote]
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