China could loosen Taiwan banking restrictions: report

China could loosen Taiwan banking restrictions: report
Taipei (AFP) April 24, 2011 - China could allow its banks to widen access to Taiwanese lenders and remove current restrictions on branches opened on the mainland, Beijing's banking regulation chief told local media on Sunday. Liu Mingkang, chairman of the China Banking Regulatory Commission, extended the olive branch upon his arrival Saturday, according to the Taipei-based Commercial Times. Liu and his Taiwanese coun ... more