Financial institutions bullish on China market chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
A number of executives from international financial institutions have expressed confidence in China s economy despite global inflationary pressure and a sluggish economic recovery."As a foreigner working in China, I think China s economic development is full of resilience, strong momentum and optimistic prospects," Ono Tomoyuki said.
In early 1990s, Principal Financial Group (PFG), an American global financial investment management and insurance company, set up its representative office in Beijing, together with many other international financial institutions drawn to China in search of business opportunities.