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BUSINESS

Rail link to increase oil imports from Russia
China is expected to more than double its crude oil imports from Russia by 2006 through a rail link.

Business Mission
US chamber to assess changes in post-WTO China

Convenience Store
7-Eleven store debuts in Beijing

Dual-Currency Service
Citigroup, SPDB launch joint credit card

Internet Portal
Sina reports record Q4 revenues

Shanghai Pudong Development Bank (SPDB) Chairman Zhang Guangsheng (2nd from left) and Citigroup Chief Executive Officer Charles Prince (center) attend SPDB's dual currency credit card launch ceremony in Shanghai yesterday. The move is believed to be the prelude to the setting up of a joint venture credit card company by the two banks when they are legally permitted to do so. [newsphoto]

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Spotlight on RMB
Chinese Yuan Under Pressure



		weekly review

·Senior banker calls for wider RMB band
·Official: China's GDP growing 9.1% in 2003
·China-US textile talks kick off



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