Strategy Journal Entry #2

According to the article, "China Bank Takes Aim at Germany," a government owned bank in China is one of the final bidders to purchase a bank based in Germany. The bank appears to be changing its strategy to expand into Western markets. The bank will then be able to do business in Germany that it can't do in China. Government regulation in the two countries is extremely different and expanding into the western market will likely open up new opportunities that can't be obtained in China.