Wutongshu Investment Platform Co. Ltd., a platform for investing foreign exchange reserves established in November 2014 by China's State Foreign Exchange Administration, has injected capital into the country's biggest banks, according to Caixin Media. Wutongshu is now among the top ten shareholders of Bank of China and Industrial and Commercial Bank of China, with a […]

Visit ChinaMoneyNetwork.com 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.