
Banking on Beijing: The Aims and Impacts of China’s Overseas Development Program
China Global
What Are the Differences Between Policy Banks and Commercial Banks?
China has a different kinds of banks, at is, policy banks and commercial banks. Can you explain to us what the difference is in the roles that they playa so timeas policy banks. These are banks that are rveted not only by the pursuit of profit, but also by foreign policy considerations. So they will finance projects that cannot be justified exclusively on commercial grounds.
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