The paper reviews the development process of bank and microfinance sector in China and present regulatory status. Financial sector is largely bank-based and dominated by the four state commercial banks in China. However, government liberal policy and special attention to financing underdeveloped...

This paper compared the regulatory framework of microfinance service providers (MSPs) in China and Bangladesh. Formal MSPs were regulated under the banking legislation and supervised by central banks in both countries. The regulators had paid special attention to newly established financial...