Mon, May 14, 2001 - Page 17 News List

Banks miss China boat

BEHIND THE TIMES By not being allowed to pursue local companies to China, financial institutions have found themselves shut out of one of the world's most promising markets

By Tsering Namgyal  /  STAFF REPORTER

The pressure is surely building up on the government to relax its investment bans, but the government has reasons to be worried given the strategically important nature of the domestic financial institutions.

But the debate on investment by financial institutions in China, it seems, may have just begun.

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