They also face competition from local upstarts in markets where no such rivals previously existed.
ECONOMIST: China��s economy and the WTO
Imagine: exempt from state and local taxes, they also have less onerous capital-adequacy requirements than private rivals.
ECONOMIST: Fannie, Freddie and Uncle Sam | The
Also, in what could be seen as a thinly-veiled swipe at local rivals Ipswich Town, Smith said it would be unwise to reveal their financial hand while in the midst of transfer negotiations.
BBC: Smith hints at Norwich investment
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