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

M. K. Leung, T. Young

Research output: Journal article publicationJournal articleAcademic researchpeer-review

25 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)1-8
Number of pages8
JournalManagerial and Decision Economics
Volume23
Issue number1
DOIs
Publication statusPublished - 1 Jan 2002

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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