UOB: No letup in investment flows from China into S-E Asia
Yuan deposits into the bank have doubled over the last year, driven by its China clients' expansion into S-E Asia
Singapore
DESPITE slower growth in China, Chinese companies are continuing to invest in South-east Asia because they take a longer-term view, the head of RMB (renminbi) Solutions in United Overseas Bank (UOB) has said.
Mr Ben Chan, in an interview with The Business Times on Thursday, said: "The macro numbers suggest a slowdown; for us, no major impact."
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