News

Beijing bureau strengthens financial ties with UAE

Belt and Road InitiativeA bureau representing Beijing’s equivalent of Wall Street has vowed to collaborate with a financial centre in Abu Dhabi as part of the Belt and Road initiative. The Beijing Financial Street Services Bureau signed the agreement with the Abu Dhabi Global Market (ADGM), a financial free zone in the UAE. “By strengthening its collaboration with the Chinese government and relevant enterprises, ADGM is able to better cater to the investment and financing needs of the China market and serve as the ‘Belt and Road’ centre for the Middle East and Africa region,” said a statement from the Abu Dhabi zone. The two entities promised to collaborate on Belt and Road investment and financing projects as well as share research to aid the development of financial centres in each jurisdiction. Representatives from institutions including the People's Bank of China and the China Securities Regulatory Commission witnessed the signing of the agreement in Beijing. ©2018 funds global asia

Executive Interviews

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.