China to resume approval of sino-foreign securities firms
Posted on Sep-25-2007· by china investor
DALIAN, Sept. 6 (Xinhua) — Shang Fulin, chairman of China Securities Regulatory Commission (CSRC), said China will resume the approval of Sino-foreign securities joint ventures now that the rectification of securities firms has been completed.
”Allowing foreign capital into China’s securities business will help raise the capabilities of the whole industry,” said Shang, adding that the commission is engaged in research border=0>
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Cotton prices have gone up too far off the mark, textile and garment enterprises suffered a lot of pressure. Overseas customers do not dare order, textile and garment enterprises do not dare take the order, too. The orders is less, some enterprises are in be very difficult
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