Citigroup Adaptability in China

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Citigroup Adaptability in China

Citigroup has had an extensive history with China and the decision made within Citigroup's corporate office to expand its services signifies an important economic role. China is one of many Asian countries that have a higher competitive economic growth potential. Citigroup's entrance into post-WTO China, however, raises questions about the company's ability to use adaptability while trying to grow its operations in China.

Arguments for Success

Citigroup has been able to demonstrate its adaptability in its attempts to expand its operations in China through its ability to access capital, cash flow, and have qualified staff. Also, Citigroup has been able to acclimate to the Chinese government regulations.

Citigroup continues to display adaptability in its attempt to expand operations in China through outsourcing, increase technological advances, the internet, the market growth, and in efforts to increase its number of consumers and investors. Citigroup also offers foreign currency in the financial market to the local corporate companies and to its foreign investors.

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