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Chinese banks have no substantial impact from Dubai debt crisis PDF Print E-mail

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Wednesday, 02 December 2009

China Construction Bank (CCB) Corp. Monday said it has some exposure to the Middle East, but will not suffer substantial impact from the Dubai debt crisis as the exposure takes a very small percentage in CCB's total assets.

CCB's competitors, the Industrial and Commercial Bank of China, Bank of China and Bank of Communications, said last Friday that they did not hold bonds issued by Dubai World.

 
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