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Sunday, July 29, 2012

''European network of Chinese banks grows''

From China Daily

''An emerging network of Chinese banks is gradually unfolding across the European continent, with corporate and private clients standing to benefit from the additional services.

While Chinese banks in London, Paris, Frankfurt and other cities in western Europe offer nearly all the services as European banks do, their newly opened branches in Brussels and other cities can only provide limited services.

They are still waiting for signals from local banking regulatory authorities to expand their services, including issuing debit and credit cards.''

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