China: To Float or Not To Float? (D): Bank of American’s Strategic Investment in China Construction Bank Harvard Case Solution & Analysis

With $3 billion investment in the Chinese state bank, the China Construction Bank, Bank of America, which is the second bank of the US that is behind the Citigroup in terms of assets and market capitalization, was one of several foreign banks directly participating in China's banking sector reform.

Banking sector reform was considered by some analysts to be an important complement to capital account liberalization and further changes to China's exchange rate regime.

PUBLICATION DATE: March 06, 2006 PRODUCT #: 706031-HCB-ENG

This is just an excerpt. This case is about GLOBAL BUSINESS

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