The Effects And Tactics Of Foreign Bank Entring Into China

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????:?WTO????,2006?12?11??,????????????,?????????????????????????????????????,????????????,??????????????????????,??????????????????????????????????????????,?????????????,???????,???????????????????????????????????????,???????????????

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Abstract: According to the agreement of WTO, Chinese banking market had totally opened to the world at 11th Dec. 2006, which means foreign banks could enjoy national treatment in China. As a result, more and more foreign banks enter into Chinese financial industry to share its huge benefit. Meanwhile, they possess more significant position in Chinese financial system, which means competition and challenge to China. The new technique, new product and new model of management which are brought by foreign banks could improve the development, perfection and competitive power of our financial market. The paper sums up the tactics for Chinese banks by analyzing the business strategy and the effect of foreign banks in China.

Keywords: Foreign banks; Business strategy; Effect; Tactics

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