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Running head: Citigroup in Post-WTO China Analysis
Citigroup in Post-WTO China Analysis
Strategy Formulation and Implementation
MGT 578
February 25, 2006
Citigroup in Post-WTO China Analysis
Introduction
Citibank, part of Citigroup, was one of the first foreign banks that entered China over a century ago (1902) and hence has a long history of goodwill in the country. Before China's entry into the World Trade Organization there were significant limitations on the scope of foreign businesses. As a result, Citibank was only permitted to participate in limited corporate banking services and in limited Chinese cities. Since China's membership into the World Trade Organization, many of these limitations have slowly begun to diminish; nevertheless Citibank and other foreign banks must manage within the existing regulations.
Argument #1: Citigroup has NOT displayed adaptability to expand China operations
Some of Citigroup's business actions could......
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Title: Running Head: Citigroup In Post-Wto China Analysis
Approximate Word Count: 1445
Approximate Pages: 6 (250 words per double-spaced page)
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Running Head: Citigroup In Post-Wto China Analysis
Running head: Citigroup in Post-WTO China Analysis. Running head: Citigroup
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