Chapter 2 explores the entry and activities of the Deutsch-Asiatische Bank in the Chinese banking sector on the China coast. More generally, it explores the role foreign banks played in China’s banking sector, including their role in financing China’s foreign trade, and the relationship and interaction between foreign and Chinese banks. The chapter shows that, unlike what is often claimed by previous literature, the relationship between foreign and Chinese financial institutions was not one of one-sided domination but interdependence. The final part of the chapter explores the development of the Deutsch-Asiatische Bank’s business during the 1890s and the growing internationalization of the Chinese banking sector during the same period.