Using the Framework of the Community Reinvestment Act to Support Rural Communities in China


Prabal Chakrabarti, Federal Reserve Bank of Boston

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Volume 7, Issue 1 | March 10, 2011

The Xi’an branch of the People’s Bank of China reached out to the Federal Reserve Banks of Boston and San Francisco to learn more and engage in a dialogue about how CRA might be applied in China. The discussion was a study in contrast, but also uncovered some surprising areas of commonality.