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This paper focuses on deducing the implications against Korean financial institutions that intend to invest in China by studying the trend of private banking in China and the character of the PB of Chinese domestic banks. The PB market in China is expected to growing rapidly in the long run in spite of the financial crisis of the U.S.A.. The sucess in PB will depend on overcoming the competitors rather than the economic circumstances. Korean banks are inferior to Chinese domestic banks in terms of marketing network and information of clients. And Korean banks are inferior to global investment banks in terms of the amount of money, the number of financial goods and name value. On the other hand, Korean banks have various financial goods and have fluent experience in PB business in comparison with Chinese domestic banks. And compared with global investment banks, Korean banks have financial goods which they have developed under the relatively similar market circumstances. Korean banks need to determine the sectors of competition and cooperation. And they need to consider whether they invest in Main Market or Niche Market in PB. Third, it is important that Korean banks acquire the clients in the early period in order to succeed in the same business, as the PB clients tend to continue to have an account with one bank. Finally, Korean banks also need to try to acquire the potential clients.