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9/2/2010-- Citigroup Chief Executive Officer Vikram Pandit is raising his bet on China, where banks extended a record $1.4 trillion of new loans last year. Citigroup (C) plans to nearly triple its workforce in the country, to as many as 12,000 in the next three years, intensifying its rivalry with London-based HSBC Holdings (HBC) in the world's fastest-growing major economy.

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