Morningstar Inc. has announced plans to expand its staff in China and to open an outlet in Fuzhou , China , due to burgeoning trade between China and Taiwan . “Japanese banks can be competitive with loans given the low interest-rate environment at home,” said Michael Wu, a Hong Kong-based analyst at The bank's loan portfolio is c. JPY 350bn ($ $400m ) and it is looking to increase its balance by JPY 50bn ( 2.8bn ) over 2014 .
Morningstar Inc. has announced plans to expand its staff in China and to open an outlet in Fuzhou , China , due to burgeoning trade between China and Taiwan . The bank's loan portfolio is c. JPY 350bn ($ $400m ) and it is looking to increase its balance by JPY 50bn ( 2.8bn ) over 2014 .