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Sancho Panza

Uk's Banking Exposure To China

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Courtesy of the Daily Shot-

http://soberlook.com/

'By the way, the UK's banking system is heavily exposed to China - something worth watching closely.

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Separately, the FT has pointed out that China's rebalancing toward a more service-oriented economy has not been as pronounced as the headline figures suggest. A great deal of the growth has been in the financial services sector.'

Edited by Sancho Panza

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