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The Armenian Church at Harbin in the north of the country, constructed in the 1920s, fell victim to the reforms of China’s Cultural Revolution, being torn down in 1966.Membership of the Armenian Club of Shanghai also went down in the 1950s, following the establishment of communism.They continued by rail to Vladivostok, and then journeyed to Harbin and Shanghai, where Armenian presence had been growing since the beginning of the century. Once in China, these survivors received support from wealthy Armenians and missionaries stationed there. The sense of adventure and mercantile spirit that spurred on the Armenians of Persia farther east in the 17th-18th centuries did not let them call it quits in India alone. John the Baptist, for example, still stands in Burma (Myanmar), although the community there has long since dwindled.

The speed of change, the recognition that the RMB (renminbi) is an international currency, the wide use of the RMB, the opening up of the capital account, the flow of North-South-South North, to me it's all very exciting and it represents what is the single biggest trend for us in Asia," she said. PA Asian private bank last year, helping boost the ranking of the Singapore lender to Asia's seventh biggest private bank.

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DBS manages S billion (US billion) at its private bank.

DBS and the private banking arm of rival Oversea-Chinese Banking Corp OCBC. In China, Tan said DBS is looking at alliances and partnerships with companies in the technology space, travel companies, luxury retailers - tie-ups which will help DBS get a better foothold in the market."In the wealth management space onshore, an ideal partner would be someone who is already looking after the targeted clients, who may want to then have a good bank that's able to do part of the infrastructure for them," she said.

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