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International Law

: China Briefing Blog

China?s Postal Savings Bank to Play Key Role in Spreading Rural Wealth

By China Briefing

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Feb. 26 - China?s Postal Savings Bank, a relatively obscure yet powerful entity formed in 2007, will be the main infrastructure driver for getting income into rural areas under the country?s economic stimulus plan. The bank, which was initially capitalized at RMB20 billion, was formed following a restructuring of the State Post Bureau, and consequently possesses [...]

Full post as published by China Briefing Blog on February 26, 2009 (boomark / email).

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