UPDATE 1-China tightens rules to prevent govt losing control of state financial firms
China’s finance ministry said on
Wednesday it will make it harder for ownership changes to be
made to financial institutions that could lead to the government
relinquishing control, in a bid to prevent the loss of state
assets.
Wednesday it will make it harder for ownership changes to be
made to financial institutions that could lead to the government
relinquishing control, in a bid to prevent the loss of state
assets.
Posted by Reuters
