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Published on 7/24/2006 in the Prospect News Emerging Markets Daily.

Moody's: Chinese banks continue stable-to-positive outlook

Moody's Investors Service said it continues to hold a stable-to-positive outlook for China's banking sector as its competitive and regulatory environment undergoes increasing change.

The positive outlooks reflect the strong government support that Moody's expects for the policy banks and big banks.

However, the degree of support accorded other banks is likely to differ, the agency said.


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