SIX FOREIGN BANKS IN CHINA PREDICT 100% REVENUE GROWTH IN 2005
AsiaInfo Services, November, 2005
AsiaInfo Services 11-04-2005 Six Foreign Banks in China Predict 100% Revenue Growth in 2005 BEIJING, Nov 04, 2005 (SinoCast via COMTEX) -- PricewaterhouseCoopers (PwC), one of the world's top four accounting firms, finds the foreign banks in China hold optimistic view on their business development in 2005 and the near future in a survey. According to the survey report, foreign banks choose self-expansion as the first choice to pad up their presence in the Chinese market, then the cooperation with the homegrown shareholding commercial banks, at last, the big four state-owned commercial banks. Although the current performing is not shining, foreign banks hold solid confidence in the business growth in the next three years, encouraged by the promising future of more...
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