China will set up a new bank to take over Baoshang Bank’s operations in Inner Mongolia, Huang Xiaolong, deputy head of the financial stability bureau of the People’s Bank of China, said on Friday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com