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An Empirical Analysis on the Entering Motives of Korean Banks into Chinese Financial Market in Accordance with Shrinking of China's Economic Growth Rate

  • Crisisonomy
  • Abbr : KRCEM
  • 2015, 11(7), pp.225-243
  • Publisher : Crisis and Emergency Management: Theory and Praxis
  • Research Area : Social Science > Public Policy > Public Policy in general

CHOI JUNG SEOK 1 Lee, Nae Joon 1

1선문대학교

Accredited

ABSTRACT

In this study, we use total amount of trade between Korea & China(TR), amount of direct investment from Korea into China(FDI) and Gross domestic product of China(GDP) as explanatory variables for the empirical analysis of Korean banks' entering motives into Chinese financial market, and the results can be summarized as follows. First, the number of branches of Korean banks in China showed a correlation of total trade amount in between China and Korea and the amount of direct investment. Korean banks operating in China means that motivation is expressed that to follow the clients which enter into Chinese industry from their home country, agrees to follow the clients from their home country. Second, Chinese growth of GDP shows no effect on the number of Korean bank's branches in China. This motivates Korean banks operating in the Chinese financial market and explain that this is not intended to share with the development achievements of China.

Citation status

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