One of China 's biggest banks is planning to make the country 's biggest foreign bank acquisition . Chairman : With Europe 's debt problems deepening over the past two years , Chinese regulators have advised the country 's banks to keep a safe distance from European financial institutions . China Construction Bank could spend as much as $ 5000 for ` ` the right choice '' Wang would not name , but UK , Germany or France banks are attractive . Some have suggested that Chinese banks could take on comparatively cheap western banks .
One of China 's biggest banks is planning to make the country 's biggest foreign bank acquisition . Chairman : China Construction Bank could spend as much as $ 5000 for ` ` the right choice '' Wang would not name , but UK , Germany or France banks are attractive . Some have suggested that Chinese banks could take on comparatively cheap western banks .