China's Commercial Banks, International Business Strategy Choice

International banking is a key component of the global economy. As an economic activity, it is central to the flow of capital around the world through the provision of loans, the supply of financial advice, and its involvement in securities markets. The role of banks has been and continues to be shaped by a number of mega trends—the globalization of financial markets, the rise of nonblank competitors, the ongoing evolution and implementation of new technologies, and deregulation and disintermediation.Those banks the have opted to go international—that is, to extend their business across national boundaries and into the larger world in search of new customers and profits—find a pressing need to be more innovative. They must also be able to reconsider traditional ways of competing and be willing and flexible in their commitment to finding solutions to new challenges, such as marketing their services and products in multiple foreign markets, striking alliances with institutions in new markets, or developing secure e—banking service systemsComparing to the foreign banks, Chinese commercial banks'internationalization is on the early stage. However, under this situation which China has joined into the WTO, Chinese commercial banks and enterprises have great challenges and chances in going aboard. To study the experience of foreign banks, Chinese commercial banks should find the opportunities positively, strengthen the competition and make great progress in globalization.This paper is divided into five sections:Section one: description of some concepts and situation. It included①concepts of banking internationalization and strategy management;②the situation of international banking in China and its hot potato. It is the...