Exposé of Chinese State Bank Shines a Light on Lending Practices

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By: Toh Han ShihPhoto from World Finance 100Beijing announced its proposed Anti-Cross-Border Corruption Law (ACBCL) in August following a blistering exposé by a US journalism consortium on the overseas lending practices of the Industrial and Commercial Bank of China (ICBC), the largest Chinese state-owned bank. Given the competition between the US and C… Read more