CONSUMER EVALUATION AND COMPETITIVE ADVANTAGE IN CHINESE BANKING MARKET
XU, PEIWEN (2007) CONSUMER EVALUATION AND COMPETITIVE ADVANTAGE IN CHINESE BANKING MARKET. [Dissertation (University of Nottingham only)] (Unpublished)Full text not available from this repository.
After December 2006 in line with WTO entry requirements, China is to completely open its banking industry to foreign players and all the restrictions to foreign financial institutions will be eliminated. Foreign banks are qualified to provide a full array of banking service in any currency to retail and wholesale for Chinese citizens throughout the country. Banks like HSBC, Citibank and Standard Chartered will gradually be permitted to offer RMB-based services, first to Chinese companies and then to individuals in more and more cities. By 2007, the international banks and local institutions will be free to vie with one another without limitation. They are going to follow a strategy of local incorporation. Therefore, it is believed that the competition in Chinese retail banking market is primary for foreign banks.
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