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	<title>China Sourcing News &#187; New York State</title>
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		<title>China Merchants Bank Gets First US Banking License</title>
		<link>http://www.chinasourcingnews.com/2008/07/16/40343-china-merchants-bank-gets-first-us-banking-license/</link>
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		<pubDate>Wed, 16 Jul 2008 02:18:40 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[China Merchants Bank]]></category>
		<category><![CDATA[CMB]]></category>
		<category><![CDATA[corporate banking]]></category>
		<category><![CDATA[Foreign Bank Supervision Enhancement Act]]></category>
		<category><![CDATA[license]]></category>
		<category><![CDATA[New York State]]></category>
		<category><![CDATA[retail banking]]></category>

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		<description><![CDATA[China Merchants Bank has become the first Chinese bank to receive a banking license in the United States since the adoption of the Foreign Bank Supervision Enhancement Act of 1991. The granting of the New York State banking license recognizes that the bank meets a significant regulatory standard, as well as the enhancement of China's [...]]]></description>
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