John-Batchelor-China-Rejects-Reciprocity-in-Hong-Kong mp3 torrent

China Rejects Reciprocity in Hong Kong & NYC.

@gordong.Changhttp://johnbatchelorshow.com/blog

Twitter: @batchelorshow

China Rejects Reciprocity in Hong Kong & NYC. @gordong.Chang, @thadmccotter. Rod Meloni, WDIV-TV.

“One of China’s biggest lenders is planting its flag in the middle of Manhattan, a symbolic move for a bank with ambitions to challenge Wall Street on its home turf.

Bank of China is preparing to move its U.S. headquarters this fall to a new 450-foot-tall glass tower overlooking Bryant Park, leaving the low-slung brick building on New York City’s East Side that has been its home for 35 years. The bank will occupy more than half of the 28-story building, which it acquired for nearly $600 million in 2014.

“The move reflects the bank’s burgeoning business in the U.S., where assets soared to $78 billion last year from $13.9 billion in 2010, according to the Federal Reserve….”

http://www.wsj.com/articles/coming-to-midtown-bank-of-china-1462008602

The John Batchelor Show
The John Batchelor Show, @thadmccotter. Rod Meloni, WDIV-TV