Two views on China's shift in its regulatory stance concerning foreign banks. The Chinese view in the 21st CBH article below says this gives foreign banks equal treatment and is evidence that China's financial opening is picking up speed. The FT article argues that nothing fundamental has changed.
外资行准入门槛再降市场份额能上去吗?
China eases rules for foreign banks
More YIMBY useful idiots
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The Useful Idiot is up to its old tricks again today: They’re close to the
city, public transport, schools and parks – and Melbourne’s leafy eastern
subu...
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