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Bank of China: “China’s private banking industry at an important juncture”

Liu Min

On its tenth anniversary, Bank of China can lay claim to having one of the country’s oldest and largest private banks, having been a significant beneficiary of China’s economic rise which has not only pulled some 700 million people out of poverty, but produced 1.6 million HNWIs as of 2016. The numbers say it all: over the past five years,…

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