346 Foreign Institutional Investors, which are members of Interbank Market of Chinese Communist regime through Settlement Agency Channel

 According to People's Bank of China, foreign central banks and similar institutions (hereinafter referred to as “the Relevant Institutions”) may (1) entrust the People’s Bank of China (PBC) as the agent, or (2) entrust commercial banks, capable of international settlement and with a qualified settlement agent status, in the inter-bank market as agents (hereinafter referred to as commercial banks), or (3) make direct investment on their own. By choosing the first channel (PBC), the Relevant Institutions may also choose the second channel (commercial banks) or the third channel (direct investment) as the other option.