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From 2008 to 2010,[link widoczny dla zalogowanych], the BEA has set up branches in five cities across China,[link widoczny dla zalogowanych], including Hefei,[link widoczny dla zalogowanych], Tianjin,[link widoczny dla zalogowanych], Shijiazhuang,[link widoczny dla zalogowanych], Suzhou and Urumqi.Foreign banks were competing to expand in China in 2007,[link widoczny dla zalogowanych], but the pace slowed after the outbreak of the global financial crisis in 2008. However, they are picking up the pace of expansion again as the global economic meltdown is phasing out.
Jiangsu Province,[link widoczny dla zalogowanych], home to many small and medium-sized businesses,[link widoczny dla zalogowanych], has been directing foreign banks to expand their services throughout the province: from Nanjing and Suzhou to other cities with fewer financial services,[link widoczny dla zalogowanych], said Xie Wenlan,[link widoczny dla zalogowanych], director of the foreign-funded banks monitoring department under the Jiangsu Provincial Banking Regulatory Bureau.
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