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

Question

Quizplus · Accepted Answer

The question asks about China's banking system moving from being strictly owned by a certain type of entity. Option A, state-owned, makes the most sense in this context as China has a large number of state-owned banks. Option B, domestic investor-owned, is incorrect as it implies that the banking system was previously entirely owned by domestic investors, which is not the case. Option C, depositor-owned, is not a common ownership structure for banks. Option D, domestic corporate-owned, is also not the best choice as it does not accurately describe the ownership structure of China's banking system before the shift.

China Is Trying to Move Its Banking System from Being