Understanding the Relationship Between China’s Banking System and State-Owned Enterprises: Part One
In this two-part special report, we explain, through a series of Q&A, why the government has structured its banking industry to favor the five state-owned commercial banks (SOCBs) and why calls for reform are likely to meet resistance. Part One examines how and why state-owned enterprises are prioritized in the loan practices of state-owned commercial banks.
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