国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Foreign banks see record profits in China

(Xinhua) Updated: 2012-07-17 17:56

BEIJING -- Global banks posted record profits from their Chinese operations last year, with many foreign lenders expecting annual growth of about 20 percent up till 2015, according to a survey released Tuesday by PricewaterhouseCoopers.

Combined net profits of 181 foreign banks more than doubled to 16.73 billion yuan ($2.65 billion) in 2011 from 7.78 billion yuan in 2010, boosted by multinationals' investment growth in China, according to the survey, which polled chief executives, senior managers and branch presidents of 41 foreign banks.

Assets of those foreign banks in China expanded 24 percent year-on-year to 2.15 trillion yuan last year, PwC said in the survey report.

"The fundamental challenge for the foreign banks over the next three years will be balancing the investment and needs of a dynamic and fast-developing Chinese market against the constraints of a slowing economy back home," PwC Financial Services Advisory Partner William Yung said in the report.

Since the first quarter of 2011, China's economy has slowed for six consecutive quarters, with its gross domestic product expanding only 7.6 percent in the second quarter of this year, the slowest growth pace in three years.

Foreign banks are more dedicated to their Chinese investments now than since 2008, as China continues to liberalize its currency and restrictions on its financial system, the survey found.

Hot Topics

Editor's Picks
...
双流县| 怀宁县| 赣榆县| 福清市| 余姚市| 佛教| 彭阳县| 苍溪县| 德化县| 普洱| 南丹县| 沈阳市| 泸西县| 宜黄县| 应用必备| 平塘县| 抚州市| 宕昌县| 五指山市| 南通市| 金沙县| 拜泉县| 施甸县| 黄浦区| 邻水| 清水河县| 皮山县| 连云港市| 渝北区| 宁晋县| 宜阳县| 那曲县| 西青区| 宁国市| 咸丰县| 旬邑县| 沧源| 孙吴县| 莱芜市| 巫溪县| 扶风县|