The growing interest in Chinese financial markets, valued at 50 trillion dollars, is the strongest in EE.UU. as in Europe.
Various Western banks are increasing their investments in China in the thousands of dollars, passing the political and commercial tensions between the Asian giant and the United States.
The Goldman Sachs Exhibition in China create the 33% the past year has passed 17,500 million dollars, covers a wide range of financing companies and governments and entities, according to an annual information from the bank, quoted by Bloomberg.
Junto con Citigroup, JP Morgan Chase, Bank of America en Morgan Stanley, este signador llegó a 77,800 million of dollars, an increase of 10% end of 2019.
The Chinese financial market, valued at 50 trillion dollars, is a potent attraction for the banking giants worlds.
The banks’ son “attracted to one strong yield economic as a pillar to a llama “, says Brock Silvers, director of investments at Kaiyuan Capital.
European banks also aspire to increase their investments in China. HSBC Holdings plans to reverse the 6,000 million dollar menu in Asia, including China.
Credit Suisse Groep The full control of its value business in China is underway and it is planning to duplicate its plan and entry into its economy. UBS Group also intends to duplicate its presence in China within 3 to 5 years and increase the participation of its allied value companies. Barclays aspires to expand in China continuing investments in the capital market, which has shown a sharp increase during the pandemic.