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Headline: China Source: Euromoney Date: July 2001 Best bank: Bank of China Best equity house: China International Capital Corporation Over the past 12 months a lot of noise has been coming out of China. It is now commonly understood that for the People’s Republic to realize its enormous economic potential there will have to be serious structural reform. The financial sector has come under intense scrutiny. To change the banks is a major task. These are large institutions employing large numbers of workers. |
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