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Economy / China

Regulatory Obstacles Impede Long-Term Growth Potential

November 2007 | Market Strategy
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The Chinese banking sector has come a long way in the past decade, as increased demand for banking products and improvements in the industry's regulatory framework have boosted the sector. However, despite its rapid progress, there is still considerable further growth potential within the sector. This will nonetheless rely on the authorities' ability to further liberalise banking regulations and expand the current undersized pool of management talent and financial expertise.