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Running head: Citigroup in Post-WTO China Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Kim D

 

Date added:

April 5, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1340

 

Was viewed:

4732 times

 

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Essay content:

Before China's entry into the World Trade Organization there were significant limitations on the scope of foreign businesses. As a result, Citibank was only permitted to participate in limited corporate banking services and in limited Chinese cities. Since China's membership into the World Trade Organization, many of these limitations have slowly begun to diminish; nevertheless Citibank and other foreign banks must manage within the existing regulations...
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Initially they failed to take part in joint ventures to facilitate their entry into China and even still hesitate to partake in significant number of joint ventures choosing instead to try to grow through acquisitions. As a result of the significant number of regulations that foreign-banks faced, this would create a slower entry rate for Citigroup...
displayed 300 characters

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