The International Finance Corporation (IFC), the private funding arm of the World Bank, invested a total of US$383m in China in the 12-month period ending June 2001, 46 per cent more than in the previous year, South China Morning Post said. Within the total, US$251m was in the form of loans and US$131m in equity. […]
Category: Banking & Finance
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BOCI wins regulatory approval
China's regulators have agreed to let the Hong Kong-based Bank of China International (BOCI) go ahead with preparatory work for setting up a joint venture securities firm in China. BOCI is the investment banking arm of the state-owned Bank of China. However, as a Hong Kong-listed firm it is seen on the mainland as an […]