|
|
Article: New York Global Group Signs Strategic Alliance Agreement with the People's Bank of China; Agreement Covers Proprietary Research of Chinese Companies' Access to International Capital Markets.
- Article from:
- Business Wire
- Article date:
- July 22, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK & BEIJING -- New York Global Group recently signed a strategic alliance agreement with the People's Bank of China strengthening their collaborative efforts to conduct research of small- and medium-sized enterprises (SMEs) in China and their access to international capital markets.
The People's Bank of China is China's central bank, similar to the Federal Reserve System of the United States. The People's Bank was established in 1948. Among its functions, it is responsible for formulating and implementing monetary policy in accordance with Chinese law, issuing the Chinese currency and administering its circulation, and regulating China's financial ...