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CDB to set up offices in Russia, Egypt

China Daily | Updated: 2009-07-30 08:00

CDB to set up offices in Russia, Egypt

A view of the China Development Bank offi ce in Shanghai. The bank plans to open offi ces in countries like Russia, Brazil and Egypt to expand its global reach. Sha Lang

China Development Bank Corp (CDB), the government-run bank for public works projects, plans to open offices in Russia and Egypt this year and Brazil next year as part of its strategy to become an international lender.

CDB to set up offices in Russia, Egypt

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