Opinion on SME Banking Services in China

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Type Product title / description Pub Price
CommentWire
CommentWire

GE Consumer Finance: following the flock

GE Consumer Finance is to buy a $100 million stake in Shenzhen Development Bank, subject to the approval of Chinese regulatory authorities. The move is just one of the many strategic alliances contracted by foreign banks with local banks in China in 2005. The opening-up of the Chinese banking sector presents bountiful opportunities for western firms, provided they make their investments carefully.

Published By Datamonitor
24 Oct 2005

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