Foundation of Latin American economic revival is shaken by US and China

May 3, 2004

The signs for optimism in Argentina, Brazil and Mexico are under threat from a cooling of the Chinese economy and a probable rise in US interest rates.

Custodians could catch China outflow

May 3, 2004

The big issue in China is not inward investment but outward investment. Even as the queue for QFII (Qualified Foreign Institutional Investors) status lengthens (allowing access to China’s renminbi denominated A shares market, the bulk of stock market capitalisation), the talk is of when China’s own insurance and social security funds may be allowed to venture overseas freely and openly.

Foreign bank integration accelerates in China

May 3, 2004

Louise do Rosario says the pace of change has speeded up dramatically since China signed up for WTO status.
For many years, foreign banks in China grew at a snail’s pace, while the local economy was growing an impressive 8%-9% a year. Foreign banks made a negligible impact on the local banking scene, as they were confined by law to a few cities and to serve mainly foreigners.
This situation has changed, thanks to the financial liberalisation China has made in accordance with its commitments to the World Trade Organization (WTO).

Banking alliances

May 3, 2004

In recent years, foreign banks have made many alliances with and investments in their Chinese counterparts.

China corners ‘captive’ market

May 3, 2004

In an increasingly interconnected world, large financial services institutions (FSIs) are already sourcing their IT and business process services from a variety of international locations. As outsourcing services have evolved from filling tactical gaps to providing strategic cost and quality advantages as well as innovative features, FSIs are tapping supplementary alternatives to India as a location for offshore outsourcing.

Recovery challenges

May 3, 2004

South Korea’s political turmoil resulting from the impeachment of its president may be limiting the country’s nascent economic recovery, says Yang Sung-jin.

Return to profit

May 3, 2004

Park Sang-soo reviews the banking sector in South Korea, as financial institutions work to reduce the mountain of bad debt.

Balancing act

May 3, 2004

South Korea has a dilemma. On the one hand historical factors make it wary of foreign intrusion, yet it aspires to be a regional hub. Kim Ji-hyun reports.

Desperate to invest

May 3, 2004

Given a volatile stock market, government stimuli and low interest rates, Korea is awash with mountains of seemingly uninvestible cash. Park Sang-soo explains.

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