November 4, 2015

China’s Financial System Probe Unlikely to Affect Ratings

HONG KONG/SINGAPORE, November 04 (Fitch) The announcement last week that the Communist Party of China’s Central Commission for Discipline Inspection (CCDI) would be conducting an inspection tour of China’s largest banks and financial regulatory authorities underscores broader challenges the country’s banks face with governance, management and political risks, says Fitch Ratings.

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