Germany’s Commerzbank says it is planning to increase its corporate banking business volume in China by one-fifth in 2011. That is more than twice as fast as the 8.2% at which the bank’s economists have predicted China’s economy will grow. The bank also expects its small and medium-size enterprise (SME, or Mittelstandsbank) business to grow by 10% per annum.
¬ Haymarket Media Limited. All rights reserved.
