HONG KONG -- Global investment banks are looking beyond China, as their advisory businesses in Asia's biggest economy take a hit from a slowing deal activity and the rise of local competition.
India and Japan emerge as alternatives, helped by strong stock markets
International investment banks are increasingly shifting their attention to other markets in Asia besides China, but there are none that offer its sheer size. © Reuters
HONG KONG -- Global investment banks are looking beyond China, as their advisory businesses in Asia's biggest economy take a hit from a slowing deal activity and the rise of local competition.