CHINA'S ENTRY INTO WTO IS THE WATERSHED OF CHINESE BANKS DEVELOPMENT

AsiaInfo Services, November, 2001

AsiaInfo Services 11-02-2001 China's Entry into WTO is the Watershed of Chinese Banks Development CHINA, Nov 02, 2001 (AsiaPort via COMTEX) -- 1), Chinese banks was Lack of capital worries many. There are four measure to solve this problems, 1, injection of capital by fiscal policy, 2, issue debts by commercial banks, 3, reduce the assets, 4, implementing listing reform of state-own commercial banks. 2), Control the bad-assets from the head.

There are many complicated reason for the existed bad-assets in Chinese commercial banks, especially state-own commercial banks, except the uncertainty factors of banks running, there are many bad-assets factors like, macroeconomic financial policy environment, state-own system, governmental administrational interference,...

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