London Lord Mayor: Shanghai can be a top finance hub
Posted by Editor on July 02, 2008 at 06:31 AM
The Shanghai Daily quotes David Lewis, Lord Mayor of the City of London, on business delegation to Shanghai, as saying that, “Shanghai deserves to be among the world’s top 10 financial centers, because it has a developed infrastructure, a recognized brand name and perceptions outside China of what it should be.”
100 Chinese firms to list on LSE by 2010; CIC and SAFE show interest in London real estate
Posted by Editor on June 28, 2008 at 06:54 AM
China Daily reports that, “There will be 100 Chinese companies listed on the London Stock Exchange (LSE) by 2010, jumping from the existing 74, the Lord Mayor of the City of London [David Lewis] said on Friday.”
According to the article, Lewis also said that the China Investment Corporation (CIC) and the State Administration of Foreign Exchange (SAFE) have both shown interest in London’s property market.
“CIC’s spokeswoman Bai Xiaoqing said that the sovereign fund spoke about such investment opportunities with the City of London but has not made any material investment so far,” the article adds.
Lou Jiwei of the China Investment Corp. chooses London for first overseas trip
Posted by Editor on December 10, 2007 at 07:23 AM
David Lewis, Lord Mayor of the City of London, has had a letter published in the Financial Times in which he writes that, “[A recent article in the Financial Times] failed… to mention a key fact: that CIC chairman Lou Jiwei's first overseas visit will be to London – and not to New York or another financial centre.”