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| Author: | Zhou, Ying Huang, Fangquan |
| Title: | Reflections on the international business of China's commercial banks (original in Chinese) |
| Journal: | Economic Problems (c)
1997 : 1, p.31-34 |
| Index terms: | COMMERCIAL BANKS MULTINATIONAL COMPANIES INTERNATIONAL MARKETING CHINA |
| Language: | chi |
| Abstract: | By the end of June, 1995, there were 630 state-owned commercial banks of four categories. But there is still a wide gap compared with the world international banking industry. Therefore, we should choose models with great care. To do international business with the Asian financial centres and the neighbouring countries, we should set up branches or representative offices in these countries. But to do so with the advanced countries in the West, we had better become a shareholder of the local financial institutions. However, we may also consider establishing the international union bank or participating in the existing ones. We should take effective measures to realise the commercialisation of specialised banks in order to promote the internationalisation of commercial banks. |
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