China joint-ventures still not enough for foreign banks
August 20, 2009
(Last updated: August 21, 2009)
Tie-ups in China have been in vogue this week with CLSA and Macquarie both announcing separate deals, while HSBC was also reported to be in talks with Industrial Securities. But unless China opens up its financial services industry, foreign banks still won’t be able to make the serious money they dream of.
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.