China Is Trying to Move Its Banking System from Being

question 76

Multiple Choice

China is trying to move its banking system from being strictly ________ owned by having them issue shares overseas.

• A)state
• B)domestic investor
• C)depositor
• D)domestic corporate

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Definitions:

Ability To Contract

The legal capability to enter into a binding agreement, typically requiring parties to be of certain age and mental capacity.

Ethnic Group

A community or population made up of people who share a common cultural background, heritage, language, or lineage.

East Indian

A term often used to refer to people from or with ancestry in the Indian subcontinent, particularly in the context of migration to countries outside of South Asia.

African American

A term used to describe Americans of African descent, particularly those whose ancestors were enslaved and brought to the United States.