International Finance

Tag : CBRC

Banking

An RO is the first step for banks eyeing China

But opening a representative office (RO) may take up to nearly eight months from submission of application Hu Rong & Kai Xue August 4, 2014: The promise of a vast market has prompted foreign banks to establish representative offices (ROs) in China. By the end of 2012, there were 197 representative offices in various cities...