Beijing has stepped up its monitoring of international financial institutions in the country amid fears that the failure of a large foreign group could see the global credit crisis spill over into a largely insulated China.China's securities regulator has ordered all joint venture fund management groups to report on the health and financial position of their foreign partners and explain how the global turmoil could affect operations in China.
Beijing has stepped up its monitoring of international financial institutions in the country amid fears that the failure of a large foreign group could see the global credit crisis spill over into a largely insulated China.
China's securities regulator has ordered all joint venture fund management groups to report on the health and financial position of their foreign partners and explain how the global turmoil could affect operations in China.
