PBoC approves 4 bank representative offices

The People's Bank of China's vice-governor Liu Tinghuan has said the central bank has approved the applications of four mainland banks to set up representative offices in Taiwan.

Source: Xinhua News

The People's Bank of China (PBoC), the country's central bank, has approved the applications of four mainland banks to set up representative offices in Taiwan, Xinhua news agency reported, citing PBoC vice-governor Liu Tinghuan.

Liu made the remarks yesterday at a mainland-Taiwan financial and academic

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