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ON SITE COVERAGE: China In Background Of WOCCU Conference

HONG KONG -- JULY 13-- Even though the World Council of Credit Unions reports that only three of the attendees at this year's World Credit Union Conference are from the People's Republic of China, the bulk of the economic giant rested high in the mind of other attendees.

By David Morrison | Updated on July 14, 2008

HONG KONG — Even though the World Council of Credit Unions reports that only three of the attendees at this year’s World Credit Union Conference are from the People’s Republic of China, the bulk of the economic giant rested high in the mind of other attendees.

John Tsang, Financial Secretary for the government of the Hong Kong Special Administrative Region keyed his welcome to conference attendees off the 2008 Olympic Games which begin Aug. 8 in Beijing. Reminding the attendees that Hong Kong will welcome the Olympics’ equestrian events as part of the games, Tsang outlined the strengths that make Hong Kong a strong competitor for financial services in China.

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