These distinguishing features continue to apply under the new supervisory framework. In late 1991 we commenced a major review of our banking supervision arrangements. The review was motivated by a number of concerns.
China is our second most important external market for these two categories of goods, which account for 43% of the  4  See again “The China trade syndrome” in the Charlemagne section of the Oct 4th issue of The Economist. 5  EU trade data are taken from Eurostat, based on SITC product classification.