China To Allow Banks To Make Direct Investment In Tech Firms

China is planning a pilot program to allow some commercial banks to set up equity investment arms to take direct stakes in technology companies, Reuters reported citing people familiar with the matter. The pilot program, which is to begin this year with the special approval by China's State Council, will allow commercial banks, which are […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network