Top Chi­nese bank es­tab­lished in Syd­ney

The Pak Banker - - Front Page -

SYD­NEY: State Min­is­ter for Fi­nance Michael Da­ley of­fi­cially opened the first Aus­tralian branch of the China Con­struc­tion Bank in Syd­ney. The China Con­struc­tion Bank is one of the largest banks in the world and its in­vest­ment in Syd­ney is pre­dicted to cre­ate 30 new jobs and gen­er­ate $70 mil­lion in in­vest­ment for NSW over the next five years. " China is the state's largest trad­ing part­ner, with two-way mer­chan­dise trade worth $21.6b be­tween 2009 and 2010. -PB News

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