Banking on 2006
HOME > PAST ISSUE > REPORTS [Premium content] > Regional FocusApril 2004
Foreign banks are steadily expanding their presence in China. Will this prove to be wise or an expression of irrational exuberance?
As the bailout and restructuring of China's state banks continues, foreign banks are steadily expanding their reach into the Chinese market, jockeying for position ahead of further WTO-mandated liberalizations.
China is scheduled to lift restrictions and open its banking sector to foreign financial institutions and investment banks by the end of 2006. But competition for the world's largest market has already begun.
Foreign banks, some of which have been operating ...
China is scheduled to lift restrictions and open its banking sector to foreign financial institutions and investment banks by the end of 2006. But competition for the world's largest market has already begun.
Foreign banks, some of which have been operating ...
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