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If the procedures in relation of overseas change settlement or transaction, Party A shall be compulsory to assistant Party B in completion of the same and the risks of foreign change rate shall be assumed by Party A. 1.Party A shall entrust Party B to pay the loan fund to Party A’s counterparty provided that the only fee satisfies any one of many situations laid out in Item 8 of Sub-article 1 herein. Party A shall not suggest any objection only for the reason that the abovementioned records, payments and vouchers are made or maintained by Party B unilaterally. As to all funds payable by Party A under this contract, Party B shall be entitled to collect the funds in RMB or different foreign money from the accounts opened in the system of China Construction Bank by Party A with out notification of Party A in advance. Party A shall in a roundabout way pay the loan fund mentioned to its transaction counterparty.
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Fuzhou Economic and Technological Development Zone was established in January 1985 with the approval from the State Council. Xiamen FTZ has been encouraging worldwide commerce, commerce with Taiwan, entrepot trade, bonded storage and export-oriented processing, as well as related business such as finance, insurance, commodities exhibition, wharf management, transportation and data service. FZETDZ is China’s only open improvement zone that mixes a stat-level growth zone, a free commerce zone, a Taiwanese funding zone and a high-tech park altogether.
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