Of all the challenges facing business investors in China, banking can appear to be the most formidable.
With this top-to-bottom guide to banking in China – from details of government regulation to actual reproducible forms you can use in transactions – you’ll develop a keen understanding not only of how the China banking sector operates, but also of the details of every banking transaction. The author, a renowned authority with decades of experience in international commercial banking in and with China, focuses on the difficulties and apparent obstacles that would-be investors face in handling banking transactions, thoroughly explaining the laws, compliance requirements, and procedures from an intensely practical, day-to-day operations perspective.
The pages are thick with checklists and other practical features, as well as plenty of easy-to-follow explanatory commentary in plain English.
Features and Benefits
Easy-to-follow explanatory commentary in plain English
Thoroughly explains the laws, compliance requirements, and procedures from an intensely practical, day-to-day operations perspective
Includes checklists and reproducible forms to be used in transactions
Contents
Industry overview & Supervisory authorities (PBOC, CBRC, CSRC, CIRC, SAFE)
Cash & accounts administration
External environment of commercial banks (financial market, settlement tools, payment and clearing systems, banking compliance requirements, special compliance requirements for foreign-funded financial institutions)
Internal environment of commercial banks (strategy planning & capital management, budget management & performance appraisal, marketing & customer relations management, liquidity & cash management, risk management, credit extending management, international banking business, internal control etc.)
Corporate deposits
Corporate loans, credit facilities
Corporate bill financing
Corporate international trade finance
