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China’s Sovereign Wealth Fund Tries to Bolster Stocks of Major Banks

New York Times reports that China’s Sovereign Wealth Fund bought shares of major banks in order to inject confidence in the market: The China Banking Regulatory Commission is putting heavy pressure on...

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U.S. Questions Banking Technology Restrictions

In a World Trade Organization filing published on Thursday, the United States questioned Beijing’s new banking technology rules limiting the sale of foreign information technology to Chinese banks,...

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