Barclays Eyes China Bank Stakes
UK-based Barclays Bank has said intends to buy into Chinese retail and commercial lenders, according to state media. "We are still looking for more appropriate opportunities in China's retail and commercial banking sector," Barclays' President Robert Diamond was quoted by China Daily. So far, the bank has focused on wholesale and investment banking through its subsidiaries Barclays Capital and Barclays Global Investors. "We are sure to increase our investment in China's market this year, mainly in the form of capital and staff", Diamond said.
Warsaw-Beijing Flights Launched
Polish Airlines will launch direct flights from Warsaw to Beijing on 30
March, the first direct flights to link China and Poland. Initially,
there will be four weekly non-stop Warsaw-Beijing flights, using Boeing
767 aircraft until the new Boeing 787 Dreamliner is delivered.