BIZCHINA / Center |
CDB makes global finance forayBy Zhang Ran (China Daily)
Updated: 2007-07-24 10:19 Based on yesterday's agreement and a memorandum of understanding, Barclays will assist and advise CDB in its evolution into a commercially-operated financial institution. CDB will also use Barclays Global Investors, a Barclays subsidiary in investment management, as one of its preferred asset mangers. The link with CDB will in turn provide Barclays with improved access to the Chinese market. |
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