Two of the UAE's biggest banks are to open offices in mainland China for the first time, as the Emirates seeks to profit from growing trade links with the world's second-biggest economy.
National Bank of Abu Dhabi (NBAD) and Emirates NBD are opening offices in China, as the two countries forge closer ties after a visit by Wen Jiabao, the Chinese premier, to the Emirates this year.
Emirates NBD, the biggest bank in the UAE, is preparing to open an office in Beijing, becoming the first bank in the Middle East to operate in the Chinese capital, said Kevin Flannery, the general manager of international business at Emirates NBD.
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