RMB Business Boost for Foreign Banks

• 来源期刊: 中国外经贸（英文版）
• 年，卷（期）: 2006,（10）
• 页码范围: 26-27
• 页数: 2页
• 语种: 英文

摘要

With the competition over foreign currency loans becoming intensified among foreign and Chinese banks, rivalry on loans made in RMB are seeing a similar trend. Specifically, the local banks' "comfort zone" has been challenged as the country's financial industry opens according to the timetable of WTO agreement, with full opening arriving at the end of this year.