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China makes inroads into Africa with Standard stake
Arpita Mukherjee | Oct 28 2007
standard bank
China has made inroads into the African economy with its biggest ever acquisition on foreign soil with the state controlled Industrial & Commercial Bank of China Ltd (ICBC) agreeing to buy 20% of the share of Standard Bank Group Ltd., Africa's largest.
Tags: ICBC, Standard bank, China, Africa, Business, Related : cash advance

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