SUBSCRIBERS
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
Add BT as a preferred sourcePublished Thu, Mar 31, 2016 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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."
Copyright SPH Media. All rights reserved.
