Chinese banking regulators are..........>

CHINA PRESS: Chinese banking regulators are planning to roll out policies on the

disposal and restructuring of high-risk banks, Economic Information Daily

reported on Thursday. At present, risky commercial banks can be taken over by

state-owned banks, while in the future, regulators may allow rural commercial

banks to seize problematic agricultural commercial banks, rural credit

cooperatives and town banks, the newspaper said citing Dong Ximiao, a VP at the

Chongyang Institute for Financial Studies. The Daily report said that banks

should take more responsibility through improving their corporate governance and

introducing new strategic investors, the report said citing Wang Yifeng, the

chief banking analyst at Everbright Securities. .