02958nam 2200625 a 450 991081144860332120200520144314.01-4623-4373-21-4527-2188-21-283-51239-41-4519-1005-39786613824844(CKB)3360000000443477(EBL)3012521(SSID)ssj0000948610(PQKBManifestationID)11602665(PQKBTitleCode)TC0000948610(PQKBWorkID)10951766(PQKB)11674992(OCoLC)535146912(IMF)WPIEE2006292(MiAaPQ)EBC3012521(EXLCZ)99336000000044347720090810d2006 uy 0engur|n|---|||||txtccrThe rise of foreign investment in China's banks taking stock /prepared by Lamin Leigh and Richard Podpiera1st ed.[Washington, D.C.] International Monetary Fund20061 online resource (16 p.)IMF working paper ;WP/06/292"December 2006."At head of title: Asia and Pacific Department.1-4518-6552-X Includes bibliographical references (p. 14).""Contents""; ""I. INTRODUCTION""; ""II. FOREIGN BANKS IN CHINA""; ""III. LESSONS FROM INTERNATIONAL EXPERIENCE""; ""IV. CONCLUSIONS""; ""References""The recent wave of foreign investment in China's banks and the prospects of further opening of the banking sector under the WTO agreement suggest that foreign banks are likely to play an increasingly important role in China. This paper takes stock of the involvement of foreign banks in the Chinese banking sector in the perspective of international experience. While in most other countries foreign bank entry took the form of direct takeover or majority shareholding, foreign investments in China's banks have been minority shareholdings with very limited management involvement. The paper concludes that China appears to be well positioned to benefit from further opening of the banking sector to foreign investors. International experience suggests that greater competition from and participation of foreign banks can in general bring important benefits if appropriate incentives and sufficient opportunities are created.IMF working paper ;WP/06/292.Banks and bankingChinaInvestmentsChinaBanks and bankingInvestmentsLeigh Lamin1603514Podpiera Richard1603515International Monetary Fund.Asia and Pacific Dept.MiAaPQMiAaPQMiAaPQBOOK9910811448603321The rise of foreign investment in China's banks4197645UNINA