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BNY Mellon China JV close to launching in Shanghai

Unfazed by the recent breakup of its QDII advisory deal with China Southern, BNY Mellon carries on with its planned launch of a JV with Western Securities.

It is supposed to be the 33rd joint venture and 60th company (after China Asset Management's completed merger with Citic Funds early this year) to appear in China's fund management industry.

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