2016 China Banking Trends and Outlook
Innovation has given China’s consumers an unprecedented choice of financial products and services at their fingertips. The 2016 China Banking Trends and Outlook report looks at some of the key trends, issues and challenges for China’s banking industry as we go into 2016.
Alipay, WeChat, and Meituan defined an entirely new area of e-commerce called O2O. Apple and Samsung readied their mobile payment solutions as Visa and MasterCard prepared to what should be a 2016 opening up of the RMB card clearing market. President Xi Jinping’s firm determination on the crackdown of capital outflow in 2015 was only matched by his commitment to the One Belt One Road (OBOR) strategy to build and deepen its global ties.
Clients of Kapronasia’s Asia Financial Advisory Service can download this report. For more information on this report or any other of our reports, please email us research@kapronasia.com.
