Monday 29 December 2014
 
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China bank

Iran uses China bank to transfer funds for Quds ops

Several companies in China receive money from Iran through a Chinese bank and such transfers help to finance international operations of the Islamic Revolutionary Guards Corps' elite Quds Force, a report said. The Western inte

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ICBC Middle East 2012 profit jumps 69pc

The Middle East unit of Industrial and Commercial Bank of China, the world's biggest lending bank, enjoyed surging profits and asset growth in 2012, it said on Saturday, underscoring increasingly close economic ties between Beijing and the G

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