What Opportunities do Foreign Banks Have in China?

A detailed explanation of the importance of the new rules governing financial services in China.

19 minute readMarch 31, 2002 at 11:58 PM

clpstaff

& clp articles

By Carmen Kan,Consultant, Clifford Chance, Hong Kongand Stephen Harder,Partner, Clifford Chance, Shanghai

How well are foreign-funded financial institutions (FFIs) doing in China? According to the figures of the People's Bank of China (PBOC), there were approximately 190 FFIs in China as at the end of September 2001, with aggregate total assets of approximately US$44 billion.

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English
✓ Newsletters with business-critical and sector-specific updates
✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)