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    CBRC to Restrict Chinese Interbank Bond Holdings

    Aug. 4 – The China Banking Regulatory Commission is set to tighten banks capital rules by excluding subordinated bonds sold to other banks from their capital base. The regulator has sounded out banks concerning the plan, according to the South China Morning Post, who quoted a spokesman as saying “the CBRC wants to restrict bank’s[…..]

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    China Announces US$7.5 Billion Rail Investment in Venezuela

    Aug. 4 – China’s state-owned Railway Engineering has signed a US$7.5 billion agreement with the Venezuelan Railway Authority to design and build a 471 kilometer rail network throughout the country. This is China’s single biggest rail investment project and is also Venezuela’s largest non-oil contract. Railway Engineering is likely to transfer its shares in the[…..]

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    Shanghai Expo 2010: The German Pavilion

    The 2010 World Exposition in Shanghai will be the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships[…..]