(Reuters) - More than a dozen foreign banks are queuing to incorporate
their operations in China, whose banking market was fully opened
to overseas lenders late last year as part of Beijing's
commitment to the World Trade Organisation, which it joined in
2001.
Locally incorporated foreign banks are allowed to offer
full-fledged banking services, including credit card issuance and
local currency-denominated wealth management services, to Chinese
customers.
Read more at Reuters.com Government Filings News
their operations in China, whose banking market was fully opened
to overseas lenders late last year as part of Beijing's
commitment to the World Trade Organisation, which it joined in
2001.
Locally incorporated foreign banks are allowed to offer
full-fledged banking services, including credit card issuance and
local currency-denominated wealth management services, to Chinese
customers.
Read more at Reuters.com Government Filings News
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