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 $ 15B for `` the right choice '' China Construction Bank would not name targets but China , UK or China banks are attractive . 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 . Analysts have predicted that Chinese groups could swoop on comparatively cheap western rivals .
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 $ 15B for `` the right choice '' China Construction Bank would not name targets but China , UK or China banks are attractive . Analysts have predicted that Chinese groups could swoop on comparatively cheap western rivals .