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A mini Manhattan in the heart of Beijing: US and other foreign banks hope the |
MERGERS AND ACQUISITIONS bankers, desperate for deals, see a bright beacon of hope in China. As the country attempts to transform its bloated, largely state-owned economy into a globally competitive powerhouse its thirst for foreign capital, technology and management skills is growing ever greater. And with multinational corporations looking for ways to break into a market that promises breathtaking growth rates they are ever more willing to provide all three.
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