The banking businesses of British bank RBS in China, and also in Malaysia and India, remain on the market after talks to sell them to Standard Chartered ended, reportedly over price.While Standard Chartered might take a breather and have another go at reaching terms with RBS, the door may be open to other prospective buyers once again, such as ANZ.Mike Smith, managing director of ANZ, in the latest instalment in what seems to have been a week-long interview with The Australian told the newspaper, "The RBS China business I would quite like to have got - I felt it was a bit too expensive."Maybe it will come back, let's see what happens."The newspaper's China correspondent appears to have tagged along with Smith to Chongqing in western China for the opening of ANZ's first branch in a nearby agricultural town.Smith muses on the rationale for ANZ's refreshed China strategy, including the new emphasis on western and inland regions. ANZ is waiting for permission from Chinese authorities to incorporate its banking business.The target market for ANZ in China is "not going to be in the mass market. It will be in the high end of the rural side. Do we want to be the mass market bank in central Shanghai? I am not willing to take on ICBC or the Bank of China. ICBC has 18,000 branches, which is as many staff as we have in Australia."Switching geographies, Smith mentions his own priorities in relation to ANZ's banking business in Australia."If you look at where the institutional business is vis-a-vis where it was, that is where I was putting my energy," he said."I now have to look at the retail business."