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		<title>ICBC Opens First Bank In Middle East</title>
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		<pubDate>Thu, 23 Oct 2008 08:59:14 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
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		<description><![CDATA[The Industrial and Commercial Bank of China has opened its first wholly-owned Middle East subsidiary bank in Dubai, the economic and financial center of the United Arab Emirates. Located in the Dubai International Financial Centre, the ICBC Middle East operation has attained the highest rating business license from the local financial regulator, providing for a [...]]]></description>
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		<title>Chinese Bank Opens In New York: First Since 1991</title>
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		<pubDate>Mon, 13 Oct 2008 19:30:52 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
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		<description><![CDATA[China Merchants Bank has opened a branch at 535 Madison Avenue, New York, N.Y. &#8212; the first branch opened by a Chinese banking institution since the adoption of Foreign Bank Supervision Enhancement Act of 1991. CMB New York Branch was opened after less than one year of preparation &#8212; U.S. banking regulators approved CMB's establishment [...]]]></description>
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