Jump to ContentJump to Main Navigation
China's Banking TransformationThe Untold Story$
Users without a subscription are not able to see the full content.

James Stent

Print publication date: 2017

Print ISBN-13: 9780190497033

Published to Oxford Scholarship Online: December 2016

DOI: 10.1093/acprof:oso/9780190497033.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 05 August 2021

Coming In and Going Out

Coming In and Going Out

Chapter:
9 Coming In and Going Out
Source:
China's Banking Transformation
Author(s):

James Stent

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780190497033.003.0009

This chapter sketches the role of foreign banks opening branches, joint ventures, and representative offices in China over the past decade. Although their market share is only 2%, they have played an important role in technology transfer and in introducing more sophisticated products to the market. The largest and most successful of the foreign banks has been HSBC, due to its well-conceived China strategy and excellent relations with the financial authorities. Chinese banks are now expanding overseas in support of the government’s policy of “going out.” Chinese banks are expected to support Chinese investment overseas. They are limited in experience and capabilities for international expansion at this time, and so are cautious.

Keywords:   foreign banks, foreign branches, joint ventures, HSBC, going out, Chinese bank international expansion

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .