Released on = September 7, 2006, 12:17 am

Press Release Author = RNCOS

Industry = Financial

Press Release Summary = The banking system of China is giving it hiccups. Poor
strategies, low capital base, and huge formalities to meet to enter the market by
foreign banks are adding to the problem.

Press Release Body = China, laden by bad loans and insufficient capital base is
marching towards the collapse of the state banks leading to the implosion of the
Middle Kingdom. Many say that it’s high time as foreign competitors are
gearing up to enter the banking sector in 2006, as was committed by China to the
World Trade Organization.

Active participations from the foreign players in the Chinese banks has shown lots
of movements in the banking sector. Recently Singapore\'s official investment arm,
Temasek, made headlines by confirming that it would invest $1 billion in the China
Construction Bank when the latter lists in Hong Kong later this year. Bank of
America had agreed to pay $3 billion for a 9.1 percent stake in China Construction
with the option to buy more down the road. Sandwiched between those two
announcements, the Shanghai-based Bank of Communications raised $1.9 billion in a
watershed initial public offering in Hong Kong.

“China Banking Sector Analysis (2006-2009)”, a recent report by RNCOS,
says that China, as a part of its entry into WTO (in 2004) is allowing foreign banks
to enter this sector that was previously dominated by local players. But the
government is imposing cumbersome licensing requirements, making quick expansion of
foreign banks a costly affair, therefore leaving them on margins.

Highlights of the RNCOS “China Banking Sector Analysis (2006-2009)” Report.

- Outlook of the competitive market of the China Banking Industry
- Services drive in the Banking sector in China
- Effect of personalized loans, demographic factors and demands by social classes to
drive the market
- Opportunities and Challenges of Banking Industry In China
- Future prospective areas of investment
- Factors responsible for the growth of loans, deposits, bankcards in China

The RNCOS’ report on “China Banking Sector Analysis (2006-2009)”
provides a thorough research and analysis on the progressing banking industry, its
product quality and services and assistance to the investors in understanding the
market and achieving the desired results from the Chinese banking sector.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM056.htm
For more information about the report please visit www.rncos.com


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Contact Details = RNCOS
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info@rncos.com