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| November 21, 2007 |
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A group of North Korean financial officials made an unprecedented trip to Wall Street to learn how to gain access, legally, to the international financial system. Hoping to be dropped from the U.S. terrorism blacklist early next year, Pyongyang plans to take full advantage of what would be its new status. The delegation learned how to gain access to global lenders, including the World Bank and the International Monetary Fund (IMF). (FULL STORY)
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Hu favorite brings reform skills to pivotal Guangdong megalopolis Wang Yang's recent promotion to the ruling Politburo and transfer to Guangdong, China’s richest province, reflects the top leadership’s anxiety over maintaining the competitive edge of the Pearl River Delta, which has been virtually integrated with the economies of Hong Kong and Macau. Wang, 52, is nick-named “Young Marshal” because of his gung-ho style.Guangdong has been overshadowed by such fast-rising hubs as the Greater Shanghai Region (GSR) and the Beijing-Tianjin-Bohai high-tech corridor. Reuters |
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