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Federal Reserve will now allow Chinese ownership of U.S. banks

http://www.businessweek.com

A Federal Reserve decision to let Chinese banks acquire U.S. lenders was challenged by Senator Bob Casey, who said it could open the way for Chinese government-run institutions to undercut U.S. banks.

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Created by awagele 1 year 6 days ago – Made popular 1 year 4 days ago
Category: Economics   Tags:

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