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Analyzing China's Financial Services Industry
M2 - Wed Mar 06, 4:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/k8rnh2/analyzing_chinas) has announced the addition of the "Analyzing China's Financial Services Industry" report to their offering. As China's economy continues to flourish, foreign financial services institutions are staring into what potentially is the largest investment management opportunity in the world, and as personal investment markets begin to mature and grow, insurers will find themselves in a position to become true financial advisors to China's newly minted middle and upper classes. Currently, the Chinese financial services industry is not adequately meeting the needs of consumers. The Chinese banking system, for example, is undergoing reforms to help increase profitability and improve efficiency, but is still require time to get-into world- class shape. Operated and heavily regulated by the government, banks historically have extended a majority of loans to unprofitable state-owned enterprises to keep them operating. Bad loans,