E-Book Overview
"Multinational Banking in China" examines key issues in the market entry and development of foreign banks in the People's Republic of China using data collected from 37 in-depth interviews and questionnaire surveys. A wide range of factors are discussed including motives, entry mode, location choice, entry strategies and competitive advantages. Empirical evidence reveals the key trend and characteristics of foreign banking activities in China as well as the interactions between internal attributes of banks and dynamics of local market context. The author also explores adaptation of foreign banks post entry and emerging issues in the management of joint ventures. This book will be invaluable to students and researchers with an interest in banking internationalization in emerging markets. Managers, practitioners and policy makers who require insight into the core dimensions of multinational banking will also find this book to be of great interest.
E-Book Content
Multinational Banking in China
NEW HORIZONS IN INTERNATIONAL BUSINESS Series Editor: Peter J. Buckley Centre for International Business, University of Leeds (CIBUL), UK The New Horizons in International Business series has established itself as the world’s leading forum for the presentation of new ideas in international business research. It offers pre-eminent contributions in the areas of multinational enterprise – including foreign direct investment, business strategy and corporate alliances, global competitive strategies and entrepreneurship. In short, this series constitutes essential reading for academics, business strategists and policy makers alike. Titles in the series include: Institutions, Industrial Upgrading, and Economic Performance in Japan The ‘Flying Geese’ Paradigm of Catch-up Growth Terutomo Ozawa European–American Trade and Financial Alliances Edited by Gavin Boyd, Alan M. Rugman and Pier Carlo Padoan Growth of New Technology Ventures in China’s Emerging Market Edited by Haiyang Li Transformations in Global Governance Implications for Multinationals and Other Stakeholders Edited by Sushil Yachani Emerging Economies and the Transformation of International Business Brazil, Russia, India and China (BRICs) Edited by Subhash C. Jain The Internationalisation Strategies of Small-Country Firms The Australian Experience of Globalisation Edited by Howard Dick and David Merrell Corporate Strategies in the Age of Regional Integration Edited by Jong-Kil Kim and Pierre-Bruno Ruffini Narratives of lnternationalisation Legitimacy, Standards and Portfolio Entrepreneurs Sara L. McGaughey Industrial Innovation and Firm Performance The Impact of Scientific Knowledge on Multinational Corporations Mario I. Kafouros Japanese Investment in the World Economy A Study of Strategic Themes in the Internationalisation of Japanese Industry Roger Farrell Organisational Transformation in the Russian Oil Industry Sarah Dixon Multinational Banking in China Theory and Practice Chen Meng
Multinational Banking in China Theory and Practice
Chen Meng Centre for International Business, University of Leeds (CIBUL), UK
NEW HORIZONS IN INTERNATIONAL BUSINESS
Edward Elgar Cheltenham, UK • Northampton, MA, USA
© Chen Meng 2009 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher. Published by Edward Elgar Publishing Limited The Lypiatts 15 Lansdown Road Glos GL50 2JA UK Edward Elgar Publishing, Inc. William Pratt House 9 Dewey Court Northampton Massachusetts 01060 USA
A catalogue record for this book is available from the British Library Library of Congress Control Number: 2008939739
ISBN 978 1 84542 589 0 Printed and bound in Great Bri