China's entry to the WTO: managerial implications for foreign banks

M.K. Leung and T. Young
Additional contact information
M.K. Leung: Department of Business Studies, Hong Kong Polytechnic University, People's Republic of China, Postal: Department of Business Studies, Hong Kong Polytechnic University, People's Republic of China
T. Young: School of Economic Studies, University of Manchester, Manchester M13 9PL, UK, Postal: School of Economic Studies, University of Manchester, Manchester M13 9PL, UK

Managerial and Decision Economics, 2002, vol. 23, issue 1, 1-8

Abstract: This paper shows that particular attributes of foreign banks, viz. size of assets, number of branches, and links to the Asian network, have significant impacts on their decision to engage in business transactions in China's domestic currency, Renminbi. Access to these markets will expand upon China's entry to the WTO and these attributes will also help the foreign bank to manage liquidity and credit risks more effectively when dealing with their Chinese customers. Other foreign banks without these attributes will have to adopt aggressive employment policies or restrict themselves to providing services to joint ventures in China. Copyright © 2002 John Wiley & Sons, Ltd.

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://hdl.handle.net/10.1002/mde.1036 Link to full text; subscription required (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:23:y:2002:i:1:p:1-8

DOI: 10.1002/mde.1036

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().