1st foreign family bank enters China

[AGENDA21]

BEIJING, Jan. 26 -- The Edmond De Rothschild Banque, a subsidiary of Europe's Edmond De Rothschild family bank group in France, set up a representative office in Shanghai recently. This is the first foreign family bank that has obtained approval of the China BankingRegulatory Commission and entered China's financial market.

The group is mostly dedicated to private banking and asset management, and its operating assets total as high as US$80 billion. It has two headquarters in Paris and Geneva and a large number of operating offices in Europe, Asia and South America.

http://news.xinhuanet.com/english/2006-01/26/content_4103410.htm

[NewJeffCT]

1. family bank? vs somebody like Citibank?

I know Citibank is all over China.

[blm]

2. The global fascism agenda of the BFEE is moving quickly these days.

Poppy Bush made his deal with the Chinese industrialists in the 70s. The last 30 years has been a march towards global fascism. The powerful reap all the benefits off the hard labor of the working class.

No coincidence that WalMart and Bush family fortunes and power rose together after Poppy's extended time in China.

No coincidence that American manufacturers used the excuse of cheap Chinese labor to taunt American workers into accepting less.

No coincidence that Prescott Bush was the longtime head of the US-China Chamber of Commerce.

[blm]

3. Kicking your post because it's an important piece of the big picture of

the global fascist agenda.