Research On The Risks Of Chinese Commercial Banks Operating In Asian Countries Along The "Belt And Road"

The proposal of “Belt and Road” Initiative has brought a lot of opportunities for cooperation and development to China and countries along the “Belt and Road”.As an important participant in opening the “Belt and Road” financial artery,Chinese commercial banks provide a powerful boost for Chinese enterprises to “go international”.The investment opportunities in the countries along the “Belt and Road” and the funding gap of infrastructure projects have also brought about a continuous and stable demand for financial services for Chinese commercial banks.However,as about three-quarters of the infrastructure projects invested and constructed by “Belt and Road” Initiative are located in Asian countries along the “Belt and Road”,where geopolitical problems are prominent,social instability is severe,and economic and financial conditions are varied,it brings high financial risks for Chinese commercial banks to invest in the local "Belt and Road" projects and carry out financial businesses in this region.At present,the degree of internationalization of Chinese commercial banks is relatively low,and the main force of transnational operations are the five state-owned banks,while other commercial banks have insufficient transnational operation experience and risk management abilities.Therefore,what are the risks of transnational operation of commercial banks,what are the characteristics of “Belt and Road” specific risks,and how Chinese commercial banks deal with potential financial risks when they are inexperienced in transnational operation are problems worth studying.This paper mainly studies the risk problems of Chinese commercial banks operating in Asian countries along the “Belt and Road”.And expounds the theory of transnational operation of commercial banks,and specifically analyzes the risks that commercial banks may face according to the different economic,financial and political situations of countries along the “Belt and Road”,and summarizes the unique risk manifestations of “Belt and Road”.Finally,the paper puts forward the corresponding measures for commercial banks to deal with risks: establishing a risk management system suitable for different host countries;strengthening the business cooperation with the host country banks and famous international banks,and learning from their experience;sharing project risks with other financial institutions such as import and export insurance companies;employing local legal advisers in the host country to avoid compliance risks;vigorously developing green finance business,supporting green projects,and promoting the sustainable development of “Belt and Road” projects;finally,it is necessary to cultivate financial risk management experts and build a professional risk management team.