Citi's commercial banking unit has set up a China desk in Singapore dedicated to helping "emerging" Chinese companies to expand into the city state and Southeast Asia, the bank told CNBC.
Many companies from China have set their eyes on expanding overseas — even as their large home market offers plenty of growth opportunities. Citi said its revenue from supporting client activity and flows from China to Singapore more than doubled in 2020 compared with the previous year.Ore Huiying | Bloomberg | Getty Imagescommercial banking unit has set up a China desk in Singapore dedicated to helping "emerging" Chinese companies expand into the city-state and Southeast Asia, the bank told CNBC.
Citi Commercial Bank serves growing mid-sized companies with annual revenues of up to $1 billion. Many such companies from China have— even as their large home market offers plenty of growth opportunities. And Singapore, a business and financial center in Southeast Asia, has emerged as a favored destination among Chinese companies of various sizes. Major Chinese firms that have expanded to Singapore include tech giant
horrible
For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success