Foreign Banks in China: Current Prospects Under a Changing Financial System

Shapiro, Lawrence Paul

Volume 10, Issue 2. Summer In response to policy changes by the Chinese government, since 1979 over five dozen foreign banks have set up representative offices in Beijing alone. Since the declaration of four Special Economic Zones in 1985, foreign banks have also opened branches in China. In this article, Lawrence Paul Shapiro analyzes these recent reforms of the Chinese b... read more

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