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East & Partners

HSBC throws more $$ at Mainland B2B

(China) – HSBC has invested a further US$5 million in Beijing based B2B services provider Sparkice.The funding is being applied by Sparkice to its further development of on-line trade finance, payments and marine cargo insurance services across its Web site. The B2B provider has jumped its supplier database five times from 2,000 to over 10,000.

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