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- ??China?s banking sector was regulated by the central bank, the People?s Bank of China (PBC), and the China Banking and Regulatory Commission (CBRC), and both of them were ultimately overseen by the State Council (the cabinet).? (Section: ?Banking Industry in China,? paragraph 1 of the case study.) Analyze the banking industry in China.
- ??The Chinese government had been quite successful in attracting foreign investment, despite having extremely conservative FDI (foreign direct investment) guidelines.? (Section: ?Introduction,? paragraph 1 of the case study.) According to you, what factors attract foreign investors into China? Identify the pros and cons for a foreign player.
- ??This might lead the international strategic alliances to move from a convergence form of management toward a more hybrid process of crossvergence.? (Section: ?Strategic Foreign Partnership: HRM Issues?, the last paragraph of the case study.) In light of the HRM challenges that foreign banks face in China, do you think crossvergence is a solution? If yes, why? If no, suggest other ways in which it can manage strategic alliances.
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