Adaptability of Citigroup in ChinaCitigroup has a long history with China and the decision made within Citigroup's corporate office to expand its services signifies an important economic role. China is one of many Asian countries that have higher competitive economic growth potential. Citigroup's entry into post-WTO China, however, raises questions about the company's ability to leverage adaptability as it seeks to expand its business in China. Arguments for Success Citigroup has been able to demonstrate its adaptability in its attempts to expand its operations in China through its ability to access capital, cash flow and have qualified personnel. Additionally, Citigroup has been able to adapt to Chinese government regulations. Citigroup continues to show adaptability in seeking to expand operations in China through outsourcing, increasing technological advancements, Internet, market growth, and in efforts to increase the number of consumers and investors. Citigroup also offers foreign exchange on the financial market to local corporate companies and its foreign investors.
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