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China's fiscal revenue reaches 2.6 trillion yuan in first half
CDB's non-performing loan ratio drops to 0.68 pct
Auditor finds US$1.23b in irregular loans
Auditor reclaims US$4.7b misused money in funds
ETF to track mainland's blue-chip stocks
China's wholesale pork prices up 70 percent
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Shanghai shares jump nearly 4 percent on Monday
Increase in metal prices spur for Western Mining
Shares soar almost 4% on robust expectations for banks, developers
Beijing's CBD hosts 4,500 companies
Buoyant market fuels domestic M&A boom
Possible new funds from insurers drive up stocks
CDB signs deal with Barclays to buy ABN AMRO
BEIJING, July 23 (AP) -- China Development Bank has signed a purchase agreement and a cooperation memorandum with Barclays Bank to buy ABN AMRO Bank, a state news agency reported Monday.


"According to the agreement and the memorandum, the CDB is invited to take stake from Barclays and join Barclay's move to buy ABN AMRO Bank," Xinhua said.


Barclays said in a statement earlier that it would team up with China Development Bank and Temasek Holdings Ltd. of Singapore to increase its offer for ABN Amro to US$93.2 billion; £á67.5 billion).

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