Thus, there is a need to take care of what we could not achieve in the first round of technology implementation and think beyond CBS. Supported by the latest technology, banks would need to identify new business niches, to develop customized services, to implement innovative strategies and to capture new market opportunities. 15.
Indeed, the recent article in the Economist titled “The Great Fall of China”, asserts that this is not the hour of China’s crisis and that the financial tumult is misleading.