The electronic one stop service centre of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone at the west of Shekou Peninsula in Shenzhen. Photo: Dickson Lee
The electronic one stop service centre of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone at the west of Shekou Peninsula in Shenzhen. Photo: Dickson Lee

Why is Citi closing branches in China?

Citi spokesman says 95 per cent of banking transactions in China online, eliminating need for physical presence

The electronic one stop service centre of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone at the west of Shekou Peninsula in Shenzhen. Photo: Dickson Lee
The electronic one stop service centre of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone at the west of Shekou Peninsula in Shenzhen. Photo: Dickson Lee
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