China to invest in Spanish savings banks to gain entry to Latin American market

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  • Source:
    BBC Monitoring International Reports, June 8, 2011 Europe, 2pp
  • Additional Information
    • Abstract:
      Text of report by Spanish newspaper ABC website, on 7 June [Report by M. Veloso: "China Will Invest in the Savings Banks if That Entails a Connection to Latin America"] Savings banks played at being banks; now they have to be. The next few months will be a "sprint" to privatize them...