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Global Payments
Time to Flee China, or Not
Posted:
May 15, 2009
Author:
Mercator Research
Abstract:
The struggling of U.S. banks in the domestic market is now starting to directly affect their global strategies. Major U.S. financial institutions might be forced to sell off their overseas investments for cash for survival. Mercator Advisory Group takes a look at the latest developments in foreign banks' activities in China.
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