China says 8 foreign banks apply for registration
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China's banking regulator said it had received eight applications from foreign banks for local registration, which it would begin processing on Monday, a first step in granting national treatment.
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China's banking industry officially opens to full foreign competition on Monday, a landmark for the country's financial sector and a day of reckoning for the country's mostly state-owned banks.
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China plans to let foreign companies take stakes in local television production companies, in a move giving international media companies better access to the world's biggest market.
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China has officially started handing out &quot;green card&quot; residence permits to foreigners as a way to attract overseas talent, Xinhua news agency said on Friday.
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China is to provide 4bn yuan of cheap loans to Chinese firms investing in the Caribbean, a report says.
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China opens its tightly controlled broadcast market by allowing foreign investment in Chinese firms.
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Text of report by official Chinese news agency Xinhua (New China News Agency)  Beijing, 8 Feb.
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Chinese bank ICBC, the country's biggest lender, is poised to launch the world's largest share listing in October.
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China&#39;s banking regulator said it will provide &quot;active consideration and prior approval&quot; for overseas banks wanting to buy stakes in lenders based in the country&#39;s northeast.
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Facing foreign competition in 2007, China's banks are expanding loan options.
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Chinese banks will be able to invest client money in British stocks and mutual funds, China said after a striking a deal with the European nation's regulators.
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Bear Stearns would also invest in the state-run Chinese investment bank, and the two would pool their Asian businesses outside China.
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Text of report in English by official Chinese news agency Xinhua (New China News Agency)  ["Enterprises Violating Environmental Protection Rules in China Will Struggle To Get Bank Loans" - Xinhua headline]  Beijing, Feb.
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HSBC Holdings , Europe's biggest bank, is acquiring The Chinese Bank Co. in Taiwan and will provide it with additional capital of between $300 million and $400 million, it said on Friday.
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BEIJING, Dec. 27 -- China Construction Bank, one of the big four State-owned commercial banks, plans to list on a stock market in the first half of next year, the Securities Daily reported, citing a government official.
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China Construction Bank attracts a record $300bn of subscriptions for its share offering.
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Eight banks have formed a consortium  to seek a rescue plan for MBIA Inc , Ambac Financial  Group Inc  and other troubled bond insurers, CNBC  reported on Friday, citing an unnamed source.