Abstract:
The purpose of this study is to show the current situation for the globalization of Chinese banks. We begin with a strong Chinese economy and a low degree of Chinese banks’ internationalization. We discuss the advantages and disadvantages of commercial banks’ globalization based on the traditional multi-national enterprise theory. After that, in Chapter 3, a Logit model is used to test the general effect of culture, economy, and political policies on the probability of success of banks international expansion. The history of six well developed international banks is studied to generate the sample of 23 banks. In the end, the specific factors and opportunities for Chinese commercial banks are taken into consideration, providing a more practical and meaningful discussion for Chinese commercial banks.