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Q: International remittance (money transfer) in China market ( No Answer,   0 Comments )
Question  
Subject: International remittance (money transfer) in China market
Category: Business and Money > Finance
Asked by: takeiteasy-ga
List Price: $5.00
Posted: 06 Dec 2004 23:28 PST
Expires: 05 Jan 2005 23:28 PST
Question ID: 439209
Background:
Every year, an estimated USD 1.6 trillion flows through the global
remittance market.  Conservative estimates on the size of China's
remittance market range from 8 billion to 14 billion.  Other estimates
more generously place these figures between 10 and 20 billion USD,
with current growth rate of between 15% to 17%, almost double China's
average GDP growth rate.

Ian Marsh, senior vice-president and managing director of Western
Union Asia-Pacific, estimates that about 45 million Chinese live
overseas, of which 7 million (15.5%) are new immigrants.  Other
sources estimate about 50 million Chinese living around the world. 
These figures translate into incredible potential for growth in
Western Union's overseas remittance business.

Enquiry:
I need some sources about China's international and domestic
remittance (money transfer) market information. Updated in the last 2
years, In-depth ready-made public accessible report and analysis,
containing the figures and statistics URLs are preferred.
Answer  
There is no answer at this time.

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