After decades of domestic growth, the PRC is
gradually letting the international community in – but
contradictory policies make it a difficult market to
The past year has seen China liberalising – in
gradual iterations – its financial and insurance
sectors. The process has been slow and careful, but a range of
reforms are sending the signal to foreign financial
institutions that attitudes are changing.
Against this backdrop, IFLR chose to poll readers on the
strategies they're adopting, barriers they still face, and what
else needs to happen to smooth their path.
The results show the practical difficulties banks and asset
managers face when expanding into China. Respondents offered
frank feedback on the day-to-day issues they come across, and
how existing and future policies can better motivate foreign
financial institutions to access the PRC financial markets.
Warning: patience required While foreign banks have been
investing in retail and commercial banking in China for...