A slew of internet banking licences bring new opportunities for foreign banks to service international corporate customers in China. However, bankers remain cautious about their prospects given their limited branch network and lack of distribution channels.
With good facilities and a flourishing nightlife, Shanghai has become China's favourite place for hosting meetings and exhibitions. However, the recent Sars outbreak could cause a log-jam in the industry.
The recently implemented provisional rules on mergers and acquisitions involving Chinese enterprises provide for potentially sweeping antitrust requirements that could have major implications for foreign investors.