The Impact of Regulations on Foreign Banks in China - A Case Study on Citi's Banking Business in China

Abstract: This paper aims to study the impact of the relaxation in regulations on foreign banks in China; based on the case of Citi. In our analysis we discuss the opportunities created for Citi as regulations were changed and the attractiveness of different entry approaches that Citi has undertaken. We found in our study that the relaxation of the regulations has offered foreign banks new possibilities; however, the poor implementation of the regulations has formed the actual barrier for foreign bank entries.