Sam Xu

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Last quote by Sam Xu

In terms of global money centres, there's only London and New York. Given the geographic location of New York compared with London, and less passion from the Americans for the project, London's expertise and the infrastructure will ensure the UK plays a very important role. People in China do follow the election and Brexit, but in general people there are still evaluating the real impact. Business is business, and so far I havent seen any Chinese client that has let Brexit get in the way of that. Most banks in the western hemisphere now use London as their renminbi centre. Even us.feedback
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May 29 2017 RMB
Sam Xu has most recently been quoted in an article called How Britain will pay a key role in building China's new silk road. Sam Xu said, “In terms of global money centres, there's only London and New York. Given the geographic location of New York compared with London, and less passion from the Americans for the project, London's expertise and the infrastructure will ensure the UK plays a very important role. People in China do follow the election and Brexit, but in general people there are still evaluating the real impact. Business is business, and so far I havent seen any Chinese client that has let Brexit get in the way of that. Most banks in the western hemisphere now use London as their renminbi centre. Even us.”.
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