{"id":104060,"date":"2025-05-27T00:00:00","date_gmt":"2025-05-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/"},"modified":"2025-05-27T00:00:00","modified_gmt":"2025-05-27T00:00:00","slug":"china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/","title":{"rendered":"China could soon have some global banking giants of its own to match Wall Street"},"content":{"rendered":"

China\u2019s banking system is going through a complete overhaul <\/strong>as the Chinese government pushes to consolidate the country\u2019s banking sector into a smaller and more concentrated set of banking giants and brokerages that can stand toe-to-toe with the likes of Bank of America, Citibank, and JPMorgan, writes the Financial Times<\/a>.<\/p>\n

The move comes as part of a push to buttress the economy against shocks and enhance<\/strong> global competitiveness<\/strong>, while the country continues to grapple with the aftershocks of a severe property crisis and navigates an increasingly complex geopolitical landscape, particularly its ongoing rivalry with the US.<\/span><\/p>\n

Less is more when it comes to Chinese President Xi Jinping\u2019s approach to the banking<\/strong> sector<\/strong>, having previously called for efforts to help create \u201ca few top-ranked investment banks and investment entities.\u201d This push has seen nearly one out of every 20 rural banks close in just the last 12 months, according to cited data from the country's financial watchdog.<\/p>\n

This is not merely a culling of weaker players, but part of a deliberate, top-down strategy<\/strong> to create a more resilient and powerful financial sector.<\/strong> In parallel, S&P Global Ratings data indicates a significant wave of mergers among Chinese securities firms, affecting entities managing over a fifth of the sector's assets since late 2023.<\/p>\n

The move will not just affect China, but Chinese banks\u2019 role in the world economy more <\/strong>broadly<\/strong> as the world\u2019s second most populous country looks to increase the use of the CNY as a trade currency. Being able to effectively fund its Belt and Road initiative is also surely part of Beijing's calculations as China continues to position itself as an attractive global partner to nations historically more aligned with Western powers.<\/p>\n

And this includes the MENA region<\/strong>, especially countries more suited to being classified as emerging markets. A bolder and more assertive Chinese financial sector could see Chinese capital playing a greater role in the region for both the public and private sectors, especially given the country\u2019s interest in energy and logistics \u2014 often sidelined by Western lenders.<\/p>\n

But despite progress, there\u2019s still a long way to go<\/strong> \u2014 possibly a \u201cdecade-long process rather than a couple of years,\u201d S&P Global Rating\u2019s Ryan Tsang told the salmon-colored paper. The county\u2019s diverse and mostly uncentralized banking sector is still home to more than 3.6k rural banks \u2014 accounting for just under 95% of Chinese lenders, despite managing only 13.3% of total assets, according to the FT.<\/p>\n

MARKETS THIS MORNING- <\/p>\n

Asian markets are mixed in early trading this morning. <\/strong>Japan\u2019s Nikkei is down 0.2% and the Kospi is down 0.4%.Meanwhile, the Hang Seng is in the green, looking at gains of 0.3%, and the Shanghai Composite is flat.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,659<\/p>\n<\/td>\n

\n

-0.1% (YTD: +2.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

5,484<\/p>\n<\/td>\n

\n

+0.4% (YTD: +6.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Nasdaq Dubai UAE20<\/strong><\/p>\n<\/td>\n

\n

4,506<\/p>\n<\/td>\n

\n

+0.0% (YTD: +8.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD : AED<\/strong> CBUAE<\/strong><\/p>\n<\/td>\n

\n

Buy 3.67<\/p>\n<\/td>\n

\n

Sell 3.67<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EIBOR<\/strong><\/p>\n<\/td>\n

\n

4.2% o\/n<\/p>\n<\/td>\n

\n

4.2% 1 yr<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

TASI<\/strong><\/p>\n<\/td>\n

\n

11,076<\/p>\n<\/td>\n

\n

+0.7% (YTD: -8.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

31,923<\/p>\n<\/td>\n

\n

-0.3% (YTD: +7.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

5,803<\/p>\n<\/td>\n

\n

-0.7% (YTD: -1.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

8,718<\/p>\n<\/td>\n

\n

-0.2% (YTD: +6.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx <\/strong>5<\/strong>0<\/strong><\/p>\n<\/td>\n

\n

5,395<\/p>\n<\/td>\n

\n

+1.3% (YTD: +10.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 64.74<\/p>\n<\/td>\n

\n

-0.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex) <\/strong><\/p>\n<\/td>\n

\n

USD 3.26<\/p>\n<\/td>\n

\n

-2.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 3,371<\/p>\n<\/td>\n

\n

-0.7%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 109,418<\/p>\n<\/td>\n

\n

+1.8% (YTD: +16.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Chimera JP Morgan UAE Bond UCITS ETF<\/strong><\/p>\n<\/td>\n

\n

USD 3.57<\/p>\n<\/td>\n

\n

+0.3% (YTD: +0.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P MENA Bond & Sukuk<\/strong><\/p>\n<\/td>\n

\n

142.8<\/p>\n<\/td>\n

\n

+0.2% (YTD: +2.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

VIX (Volatility Index)<\/strong><\/p>\n<\/td>\n

\n

20.57<\/p>\n<\/td>\n

\n

-7.7% (YTD: +18.6%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The ADX fell 0.1% yesterday<\/strong> on turnover of AED 1.0 bn. The index is up 2.6% YTD.<\/p>\n

In the green: <\/strong>E7 Group (+2.0%), Abu Dhabi National Energy Company (+1.9%), and Multiply (+1.4%).<\/p>\n

In the red: <\/strong>Abu Dhabi National Takaful Co. (-8.5%), Americana Restaurants International (-4.1%) and Hayah Ins. Company (-2.2%). <\/p>\n

Over on the DFM<\/strong>, the index rose 0.4% on turnover of AED 431.5 mn. Meanwhile, Nasdaq Dubai remained flat.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese President Xi Jinping called for efforts to help create \u201ca few top-ranked investment banks and investment entities\u201d<\/p>\n","protected":false},"author":1,"featured_media":104061,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1553],"tags":[159,29,284,7,48,50],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-banking","tag-capital-markets","tag-china","tag-enterpriseam-uae","tag-financial-markets","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"d2db664a-9331-43e4-b830-32d8ecaf4c2a","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/2210.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China could soon have some global banking giants of its own to match Wall Street","related_issue":[104044],"teaser":"Chinese President Xi Jinping called for efforts to help create \u201ca few top-ranked investment banks and investment entities\u201d","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.cfcbcd99-2552-410b-9a0c-cf8e0b944170.mp3"},"yoast_head":"\nChina could soon have some global banking giants of its own to match Wall Street - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China could soon have some global banking giants of its own to match Wall Street\" \/>\n<meta property=\"og:description\" content=\"Chinese President Xi Jinping called for efforts to help create \u201ca few top-ranked investment banks and investment entities\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"China could soon have some global banking giants of its own to match Wall Street\",\"datePublished\":\"2025-05-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\"},\"wordCount\":605,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"capital markets\",\"China\",\"EnterpriseAM UAE\",\"Financial markets\",\"PLANET FINANCE\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\",\"name\":\"China could soon have some global banking giants of its own to match Wall Street - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-05-27T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China could soon have some global banking giants of its own to match Wall Street\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"China could soon have some global banking giants of its own to match Wall Street - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/","og_locale":"en_US","og_type":"article","og_title":"China could soon have some global banking giants of its own to match Wall Street","og_description":"Chinese President Xi Jinping called for efforts to help create \u201ca few top-ranked investment banks and investment entities\u201d","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/","og_site_name":"UAE","article_published_time":"2025-05-27T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"China could soon have some global banking giants of its own to match Wall Street","datePublished":"2025-05-27T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/"},"wordCount":605,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1","keywords":["banking","capital markets","China","EnterpriseAM UAE","Financial markets","PLANET FINANCE"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/","name":"China could soon have some global banking giants of its own to match Wall Street - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1","datePublished":"2025-05-27T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/05\/27\/china-could-soon-have-some-global-banking-giants-of-its-own-to-match-wall-street\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"China could soon have some global banking giants of its own to match Wall Street"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2210.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/104060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=104060"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/104060\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/104044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/104061"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=104060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=104060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=104060"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=104060"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=104060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}