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China Construction Bank to set up branch in Luxembourg: statement

AFP
September 14, 2012, 12:16 am TWN

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LUXEMBOURG -- The China Construction Bank, the world's second largest by market value, is to open a subsidiary and a branch in Luxembourg, a government statement said Wednesday.

The announcement followed talks between CCB chief Wang Hongzhang, Luxembourg Prime Minister Jean-Claude Juncker and Finance Minister Luc Frieden.

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