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with Emily Kochanowicz1

[T]he State must take a dominant controlling share in the State-owned commercial banks in order to keep the economic lifeline of the country in state’s hands and fending off financial risks.

(Chinese Premier Wen Jiabao, 2006)[104] [105]

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Source: Burdekin Richard C.K.. China’s Monetary Challenges: Past Experiences and Future Prospects. Cambridge University Press,2008. — 272 p.. 2008
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