Situation 1

After analysing the international market, BNP Paribas, a French bank in the finance sector, had decided to offer (to export) financial services to some Asian countries, particularly to China; despite the existence of strong local competitors, particularly public banks and the state control in Chine.

Suppose that you are the manager of BNP Paribas, say why your bank has chosen to export to Asian countries, particularly to China? You argue your answer? What is the best mode of supply of these finance services? (5%) (Max. 10 lines)