| After china's accession to WTO, with the trade development and economic take-off, China's financial market is gradually opening up, Chinese financial companies have begun internally and externally to the development strategy. China banking sector has also undergone tremendous changes. Not only the four great reform of state-owned banks in the renovation of the banks overall image, but also the Chinese–funded joint-stock banks and small banks have sprouted like mushrooms, grow up strong. Face of foreign banks, Chinese banks must not only fight to defend war, more important thing is to go out, strong and brave. Looking at the international market, occupying more segments of the market, not limited to domestic or small-scale regional market, to find their own survival and to development.This paper lists a number of authoritative international comparison to explain the theory of international banks, Chinese banks as of the theoretical foundation of internationalization. The earliest classical trade theory, including Adam Smith the absolute advantage theory and David Ricardo the theory of comparative advantage, Buckley and Carson the internalization theory, J. H. Dunning eclectic theory of international production, Robert Alberta's leading effect hypothesis and so on.I went on to explain the concept of international banks, many scholars home and abroad, the author of the concept of international banks into two broad areas, one is the international banking industry as a bank from a closed to an open process On the other hand is the international banking industry as a change of state banks, referring to the operating elements from the domestic banking restrictions in the international market liquidity and re-combination. In addition, the author of the content of international banks into the international banking institutions, the internationalization of banking products, banking talent international, bank management, internationalization and the internationalization of banking supervision.In theory, the article also discusses the trade liberalization of financial services, the impact of Chinese banks is divided into positive and negative aspects of the impact. First, the financial services trade liberalization on Chinese banks, including a role in promoting, attracting a large number of foreign investment, so that the financial strength of banks increased; second, promoted the reform of the banking system and improve the bank's operation efficiency; third, the introduction of advanced foreign technology and management concepts to improve the overall strength of Chinese banks. The negative effects include: first, the domestic market share, greater loss of customers; the second, face of the international market, Chinese banks run the risk of more.According to the above theory, the anthor-funded banks in recent years under the current situation overseas, analysis international banks based in intrinsic motivation, Chinese banks overseas, its problems from the problem get some inspiration at the same time made the author of the international development of Chinese-funded banks some of the ideas and perspectives.With the 21th century coming, Chinese bank's abroad development is more faster, the international development of Chinese banks have this following characters:1,Diversification of banks going international developmentBase on the international developing structure of Chinese banks, China bank\ICBC\CBC\ABC and BOCOM this five commercial banks are the main forces of abroad development, China development bank and the export-import bank of China are also play the important roles, the shareholding banks such as CMB\CMBC and CCB becoming the new international forces.2,Zone chosen trends to global areaUp to now, Chinese banks'abroad development is still focus on Hong Kong and Macao areas, but recent years, Chinese banks are also have the development trends to Southeast Asia \ Europe\ USA and Latin America.3,M & A are becoming the main mode of Chinese banks international developmentIn recent years, no matter several main commercial banks, or mid-/small joint-stock banks are with the main wise to expand in oversea through oversea acquisitions. And the dimensions of mergers and acquisitions are bigger, and times are higher, zones are bigger and the ways are constantly with more diversifications.During the big steps in international development process of Chinese Banks must have some problems. I think there are some main aspects as following: First, The international development of Chinese Banks is a certain extent passive. As China's domestic financial market very open, so foreign banks filed easy into Chinese market. In the face of constantly partitioned market, Chinese Banks have to look at international market and look for their own development. However, the history of the development of banks is still shallow, experience of overseas development is lack, so there are some Chinese banks is expanding blindly and the international development of Chinese banks is slightly bustling. Second, Chinese banks have won"weakness". Third, the strength of Chinese banks'oversea organization are relatively weak and they can not constitute the formation yet and win a certain scale efficiency. Forth, there are so many uncertain factors as trade barriers, political instability and so on in international markets, so that bring some hidden dangers for international development of Chinese banks.Chinese banks through the development status and problems of analysis, the author draws the following revelation:1,Internationalization of Chinese banks to clear objectivesCurrently, Chinese banks do not approach the strength of some financial giants with international rivals, the international road can not blindly follow some of the big foreign banks, not to go bidding blindly regardless of the cost of some of their own without benefits of, or inability to manage the overseas agencies. Chinese banks must first understand their own strengths and weaknesses, and have clear objectives, develop a detailed strategic plan.2,Overseas M & A should be carefulIn recent years, Chinese banks have cross-border mergers and acquisitions by way of overseas expansion, the Chinese banks are also emerging overseas M & A research. Although the way through mergers and acquisitions, Chinese banks easier access to some technology barriers to developed markets higher, but the Post-merger integration issues and the management problems become the Chinese-funded banks sore point.3,Enhance the integrate strength and grasp the opportunityThe shadow of Finance crisis is still exist, the international finance environment is still not stable, if Chinese banks want to resist different latent crisis only need to enhance their integrate strength. During this finance crisis, lots of finance magnate are hurt deeply, lots of nations'finance are also harmed, some doctors said, now is the perfect time that Chinese banks develop in the global market.Further more, I also have an idea that Chinese banks can set an organization in the global market, which makes a strategy union. This organization could offer an info plat roof for Chinese banks international development. The reasons that Chinese banks'forces cannot fight with World finance magnate, if Chinese banks embranchment in abroad form an union, it will share the info and make a huge fund chains, then the Chinese banks forces centralize and develop together, doing the global overall arrangement, besides that, all single Chinese banks can also make profit by themselves and segment the markets.To sum up, the trend of Chinese banks international development is inundant, Chinese banks should hold this perfect opportunity and control the risk in a least scope, and expend audacious with cautions in the global markets. |
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