Internalization of bank system of Сhina in the context of globalization

Abstract

In the article the process of internalization of bank system of China is analyzed. Following methods of investigation were applied in the given work: analysis, description, comparison, induction, analogy. It was indicated in the article that for banks of China internalization is the main and strategic way of their activity, also it was noted that internalization opened the access to world financial resources for China banks. The reason of appearance of China banks on the foreign markets was considered in the article. Overseas merger and takeover agreements by China bank were analyzed. It was proved in the article that internalization was also applied to the structure of the capital of China banks, banks set their assets on the stock exchange. It was determined that internalization of yuan has broadened scope of activities of China banks overseas with the help of swap agreements, credit operations, sale of bonds in yuan. Foreign banks positive and negative influence on China banks was also analyzed in the article. Protection mechanisms for China banks from negative influence of foreign capital were demonstrated in the given work. The experience of China can be used by Ukraine and other countries having emerging economy, this experience can help to regulate the process of bank internalization.