Business, Management and Accounting
8 years ago

Chinese banking embraces global competition to enhance international competitiveness.

Journal of China Youth University for Political Sciences
A Comparison of Strategies for Internationalized Development between Chinese and Foreign Banking
Wang Kan

Paper Summary

Chinese banking, after joining the WTO, is facing challenges like outdated systems and lack of skilled staff. To grow and compete globally, Chinese banks need to learn from foreign banks, expand overseas operations, enhance currency services, and boost international competitiveness.

Related papers

Economics, Econometrics and Finance
8 years ago

Foreign banks in China pose serious challenges to local banking industry.

Globalization Impact
Trade Law
Cooperative Banking
1 view
Business, Management and Accounting
8 years ago

Chinese Enterprises Embrace Globalization: Challenges and Strategies Unveiled.

International Strategy
Business, Management and Accounting
8 years ago

Chinese Banks Revolutionize Marketing Strategies to Dominate Global Competition.

Multilevel Marketing
Cooperative Banking
1 view