Banking Sector Is Going Downhill
ANBOUND
Banking is the largest sector in China's financial sector. However, Anbound’s research team is of the view that in light of the trends and situations in both domestic and international markets, the good old days for the traditional banking sectors in China is gone and they will now face a long downhill route. The banking sector will face more challenges as the domestic market situation changes. In recent years, some capitals which were previously outside the financial sector have now changed into financial capitals and their entrance into the financial sector will surely spark fiercer competition within the financial sector.