CHINA TO OPEN BEJING CONTROLLED BANKS IN THE U.S. 1-23-2011 Video

China's biggest bank signed an agreement that would make it the first Beijing-controlled financial institution to acquire retail bank branches in the U.S., though regulators could still block the deal.

Under the deal, Industrial & Commercial Bank of China Ltd., by some measures the world's largest bank, agreed to acquire a majority stake in Bank of East Asia Ltd.'s U.S. subsidiary.

Americans could walk into the retail branches, open check and savings accounts and, most significantly for many investors, open yuan accounts to trade the currency.

BREAKING NEWS -. ...
BREAKING NEWS -. BANK RUN? -TRINIDAD AND TOBAGO.CARIBBEAN. WEST INDIES, REPUBLIC , ROYAL , FIRST? CITIZEN? and SCOTIABANK . Customers are simultaneously closing their accounts fearing bankruptcy and insolvency. [ Global News Network ]

Corporate America ...
Corporate America is 1 of the biggest evils of all. There is no natural low that America must remain the economic center. The Chinese are prospering now because human devaluation. The Chinese did all factory work cheep as the rest of the world loved that their time & labor was of less value. We were all happy to consume the results of Chinese slave labor. China is turning that into their favor & people complain. Do unto others, China may outsource labor to America soon.?

Sounds like Hu made ...
Sounds like Hu made a deal!?

Corporate America ...
Corporate America is playing? with the devil