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World

Exclusive-Deutsche Bank talks on China JV end over disagreement on control, sources say

Reuters
Summary
Nutrition label

81% Informative

Talks between Deutsche Bank , its asset management arm DWS and Chinese lender PSBC over a joint venture in China have collapsed, sources say.

The German firm resisted Beijing 's request to boost its stake in the new venture.

Beijing introduced a new framework under which BlackRock and Goldman Sachs partnered with large Chinese banks to meet Chinese investors' needs.

VR Score

92

Informative language

97

Neutral language

80

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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