"Privatization of financial institutions, such as the state-owned commercial banks, insurance companies and other financial entities, should also be an important part of the privatization agenda," he said.
Mon, Mar 17, 2003 - Page 10 News List
China's new guard faces banking mess
BAD DEBT The banking system, which by Western accounting standards is insolvent, is now weighed down with non-performing loans in the hundreds of billions of dollars
AFP , BEIJING
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