'Sweet spot' emerges as Chinese companies go global, MUFG says
MUFG China is hitting a "sweet spot" as Chinese companies accelerate to expand their footprint in the Asian market, making China-related business increasingly crucial to the Japanese banking group's layout in the region, said an executive.
"We've been helping more and more of our clients operate and grow their business in this region in the last 12 months," Benjamin Lam, deputy president of MUFG Bank (China), said in an exclusive interview with China Daily.
Additionally, the bank is also benefiting from global investors' increasing confidence in the Chinese market, Lam said. "After strategically reviewing their business in China, a lot more multinationals are now reconfirming their commitment to developing and continuing to do business in the country."
