In This Issue:

Study Of China's Top 50 Banks Finds A Polarized Sector Ripe For Consolidation: Few should be unfamiliar with China's large state-owned commercial banks, some of which are now among the largest financial institutions in the world. In recent years, these banks have attracted foreign investments by the tens of billions of dollars, as well as substantial strategic stakes taken by global institutions.

China Spearheads Wide Ranging Banking Sector Reform: China's developing banking sector remains firmly in the well-intentioned but somewhat-clumsy hands of the state, despite major government, regulatory, and internal reforms aimed at giving the industry a freer rein.

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