Foreign banking in China: A study of 279 branch units in 32 cities

Eurasian Geography and Economics

Volumn 49, Issue 4, 2008, Pages 457-480

  He, Canfei ^a   Fu, Rong ^a  

^a PEKING UNIVERSITY   (China)

Author keywords

Bank assets; Bank branches; Beijing; Central bank; China; Commercial banks; Financial institutions; Foreign banks; Foreign direct investment; Multinational banks; Shanghai; State owned banks

Indexed keywords

BANKING; CENTRAL BANK; EXCLUSIVE ECONOMIC ZONE; FINANCIAL SYSTEM; FOREIGN DIRECT INVESTMENT; INTERNATIONAL TRADE; STATE OWNED ENTERPRISE;

ASIA; BEIJING [CHINA]; CHINA; EURASIA; FAR EAST; SHANGHAI;

EID: 54049145938     PISSN: 15387216     EISSN: None     Source Type: Journal    
DOI: 10.2747/1539-7216.49.4.457     Document Type: Article

References (55)

1. Bonin, J. P. and Huang, Y., "Foreign Entry into Chinese Banking: Does WTO Membership Threaten Domestic Banks," The World Economy, 25, 8:1077-1093, 2002.
2. Boldt-Christmas, M., F. S. Jacobsen, and A. E. Tschoegl, "The International Expansion of the Norwegian Banks," Business History, 43, 3:79-99, 2001.
3. Brealey, R. A. and E. C. Kaplanis, "The Determination of Foreign Banking Location," Journal of International Money and Finance, 15, 4:577-597, 1996.
4. Buch, C. M., "Why Do Banks Go Abroad? Evidence from German Data," Financial Markets, Institutions, & Instruments, 9, 1:33-67, 2000.
5. Buch, C. M., "Distance and International Banking," Review of International Economics, 13, 4:787-804, 2005.
6. Buch, C. M. and S. Lapp, "The Euro - No Big Bang for European Financial Markets," Konjunkturpolitik, 47, 1:11-78, 1998.
7. Chen, C., C. Mai, and C. Shih, "China and East Asia: An Appraisal of Regional Economic Integration," Eurasian Geography and Economics, 48, 3:320-340, 2007.
8. Clarke, G., R. Cull, M. S. M. Peria, and S. M. Sanchez, "Foreign Bank Entry: Experience, Implications for Developing Economies, and Agenda for Further Research," The World Bank Research Observer, 18, 1:25-59, 2003.
9. CBRC, Report on the Opening-Up of the Chinese Banking Sector. Beijing, China: China Bank Regulatory Commission, 2007 (in Chinese).
10. CBRC, The 2007 Annual Report of China Banking Regulatory Commission. Beijing, China: China Bank Regulatory Commission, 2008 (in Chinese).
11. CSFB (China Society for Finance & Banking), Almanac of China's Finance and Banking 2007. Beijing, China: Press of Almanac of China's Finance and Banking, 2007.
12. Dopico, L. G. and J. A. Wilcox, "Openness, Profit Opportunities, and Foreign Banking," Journal of International Financial Markets, Institutions and Money, 12, 4:299-320, 2002.
13. Dunning, J. H., International Production and the Multinational Enterprises. London, UK: Allen and Unwin, 1981.
14. Engwall, L., R. Marquardt, T. Pedersen, and A. E. Tschoegl, "Foreign Bank Penetration of Newly Opened Markets in the Nordic Countries," Journal of International Financial Markets, Institutions and Money, 11, 1:53-63, 2001.
15. Esperanca, J. P. and M. A. Gulamhussen, "(Re) Testing the 'Follow the Customer'" Hypothesis in Multinational Bank Expansion," Journal of Multinational Financial Management, 11, 3:281-293, 2001.
16. Focarelli, D. and A. Pozzolo, "The Patterns of Cross-Border Bank Mergers and Shareholding in OECD Countries," Journal of Banking and Finance, 25, 12:2305-2337, 2001.
17. Goldberg, L. C. and R. Grosse, "Location Choice of Foreign Banks in the United States," Journal of Economics and Business, 46, 5:367-379, 1994.
18. Goldberg, L. C. and D. Johnson, "The Determinants of US Banking Activity Abroad," Journal of International Money and Finance, 9, 2:123-137, 1990.
19. Greene, W. H., Econometric Analysis, 4th ed. Prentice Hall, Upper Saddle River, New Jersey, 2000.
20. Grosse, R. and L. C. Goldberg, "Foreign Bank Activity in the United States: An Analysis by Country of Origin," Journal of Banking and Finance, 15, 6:1093-1112, 1991.
21. Haselmann, R., "Strategies of Foreign Banks in Transition Economies," Emerging Markets Review, 7, 4:283-299, 2006.
22. He, C., "Regional Decentralization and Location of Foreign Direct Investment in China," Post-Communist Economies, 18, 1:33-50,2006.
23. He, L. and X. Fan, "Foreign Banks in Post-WTO China: An Intermediate Assessment," China and World Economy, 12,5:3-16,2004.
24. Heinkel, R. L. and M. D. Levi, "The Structure of International Banking," Journal of International Money and Finance, 16, 3:251-272, 1992.
25. Herrero, A. G. and M. S. Martinez Peria, "The Mix of International Banks' Foreign Claims: Determinants and Implications," Journal of Banking & Finance, 31, 6:1613-1631, 2007.
26. Herrero, A. C. and Santabarbara, D., Does the Chinese Banking System Benefit from Foreign Investors? Helsinki, Finland: Bank of Finland, Institute for Economics in Transition, BOFIT Discussion Papers, 2008.
27. Hope, N. and F. Hu, Reforming China's Banking System: How Much Can Foreign Strategic Investment Help? Stanford, CA: Stanford Center for International Development, Working Paper No. 276, 2006.
28. Klein, M., J. Peek, J. and E. Rosengren, "Troubled Banks, Impaired Foreign Direct Investment: The Role of Relative Access to Credit," American Economic Review, 92, 3:664-682, 2002.
29. Leng, J., "China's Banking Reform in the Context of Globalization and Transition," European Business Law Review, 17, 5:1271-1302, 2006.
30. Leung, M. K., "Foreign Banks in the People's Republic of China," Journal of Contemporary China, 6, 15:365-376, 1997.
31. Leung, M. K. and R. Y. K. Chan, "Are Foreign Banks Sure Winners in Post-WTO China?," Business Horizons, 49, 2:221-234, 2006.
32. Leung, M. K. D., D. Rigby, and T. Young, "Entry of Foreign Banks in the PRC: A Survival Analysis," Applied Economics, 5, 1:21-31, 2003.
33. Leung, M. K. and T. Young, "China's Entry to the WTO: Managerial Implications for Foreign Banks," Managerial and Decision Economics, 23, 1:1-8,2002.
34. Leung, M. K. and T. Young, "Entry of Foreign Banks in Shanghai: Implications for Business Strategies in an Increasingly Competitive Market," Managerial and Decision Economics, 26, 6:387-395, 2005.
35. Liu, W. and Wu, W., "Development of Local Financial Systems in Mainland China," Eurasian Geography and Economics, 49 2:160-179, 2008.
36. Lu, Q. and J. Dewhurst, "Factors Influencing the Growth of Foreign Banks' Banches in China," Journal of Contemporary China, 16, 52:517-534, 2007.
37. Magri, S., A. Mori, and P. Rossi, "The Entry and the Activity Level of Foreign Banks in Italy: An Analysis of the Determinants," Journal of Banking & Finance, 29, 5:1295-1310, 2005.
38. McFadden, D., "Conditional Logit Analysis of Quantitative Choice Behavior," in P. Zarembka, ed., Frontiers in Econometrics. New York, NY. Academic Press, 1974, 105-142.
39. Miller, S. R. and A. Parkhe, "Patterns in the Expansion of U.S. Banks' Foreign Operations," Journal of International Business Studies, 29, 2:359-388, 1998.
40. Mutinelli, M. and L. Piscitello, "Foreign Direct Investment in the Banking Sector: The Case of Italian Banks in the '90s," International Business Review, 10, 6:661-685, 200 1.
41. Nanto, D. K. and R. Sinha, "China's Banking Reform," Post-Communist Economies, 14, 4:469-493, 2002.
42. NSB (National Statistical Bureau), China Statistical Yearbook 2007. Beijing, China: National Statistical Press, 2007a.
43. NSB (National Statistical Bureau), China Urban Statistical Yearbook 2007. Beijing, China: National Statistical Press, 2007b.
44. Okazaki, K., Banking System Reform in China: The Challenges of Moving Toward a Market-Oriented Economy. Santa Monica, CA: RAND National Security Research Division, 2007.
45. Petrou, A., "Multinational Banks from Developing versus Developed Countries: Competing in the Same Arena?" Journal of International Management, [doi: 10.1016/j.intman.2007.05.006], 2007.
46. Seth, R., D. E. Nolle, and S. K. Mohanty, "Do Banks Follow Their Customers Abroad?," Financial Markets, Institutions, & Instruments, 7, 4:1-25, 1998.
47. Ryan, M. and M. R. Von der Ruhr, "Following or Attracting the Customer? Japanese Banking FDI in Europe," Atlantic Economic Journal, 33, 405-422, 2005.
48. Ter Wengel, J., "International Trade in Banking Services," Journal of International Money and Finance, 14, 1:47-64, 1995. "Top 1000 World Banks, 2007," The Banker, July 2, 2007, 186-268.
49. Weller, C. and M. Scher, M., "Multinational Bank Credit in Less Industrialized Economies," Journal of International Business Studies, 32, 4:833-851, 2001.
50. Williams, B., "Positive Theories of Multinational Banking: Eclectic Theory versus Internationalization Theory," Journal of Economic Surveys, 11, 1:71-100, 1997.
51. Williams, B., "The Defensive Expansion Approach to Multinational Banking: Evidence to Date," Financial Markets, Institutions, & Instruments, 11, 127-203,2002.
52. WTO (World Trade Organization), Report of the Working Party on the Accession of China. Geneva, Switzerland: WTO Document No. WT/MIN 01/3, November 10, 2001.
53. Yamori, N., "A Note on the Location Choice of Multinational Banks: The Case of Japanese Financial Institutions," Journal of Banking & Finance, 22, 12:109-120, 1998.
54. Yannopoulos, G., "The Growth of Transnational Banking," in Mark Casson, ed., The Growth of International Business. London, UK: George Allen and Unwin, 1983, 236-257.
55. Zhang, H. and C. Yang, "Locational Choice of Foreign Banks in China and Their Investment Motives," Financial Research, 9:160-172, 2007 (in Chinese).