Special Asia Magazine - June 2014

Online Version  Unsubscribe Special Asia Magazine - June/July 2014 Download pdf Building bridges Who could better judge the relationship between China and Luxembourg than the Ambassadors that are posted to these countries? HE Zeng Xianqi, Chinese Ambassador to Luxembourg since 2010 and HE Paul Steinmetz, Luxembourg Ambassador to China since 2013, give an insight into their thoughts about more than 40 years of bilateral relations between the Middle Kingdom and the Grand Duchy. Expertise with focus on the East LFF spoke with Ms Hirn, Partner at East Capital Asset Management, about the latest trends in the Chinese equity markets and the reasons why East Capital chose to be domiciled in Luxembourg. Investing in UCITS One of the key drivers behind the growth of renminbi transactions in Luxembourg is the growing number of funds that invest in RMB opportunities. These can be UCITS funds, which are recognised by institutional investors globally. China Construction Bank - the first 6 months in Luxembourg In October, 2013, China Construction Bank (CCB), the world's fifth largest bank by capitalisation, opened its European Headquarters in Luxembourg. LFF interviewed the head of CCB, Mr Li to ask him for his insight into this important milestone in the internationalisation of CCB’s network. The silk road rekindled The internationalisation of the renminbi has received much attention as the Chinese currency makes its journey through being used as a trade currency to settle international transactions in goods and services, to being a widely used currency for investment products, and ultimately as one of the reserve currencies of the world. MR & RQFII: China's catalytic converters An investment in China isn't just a bet on growth. It's also an investment in change. Legal advice: 7 things you should know about Luxembourg and China LFF spoke with seven prominent lawyers about their views on the legal environment and business opportunities between Luxembourg and China. IEE drives safely into the future with a new Chinese engine IEE is a Luxembourg-based global leader in automotive safety sensing systems for vehicles produced by the world’s major car manufacturers. Mr Michel Witte is the company’s CEO, and founded IEE in 1989. Bofferding: how to make it in China Once a small family business, Bofferding S.A. has developed into Luxembourg’s number one distributor of drinks. Created in Luxembourg in 1764, Bofferding which will soon celebrate its 250th anniversary, has managed to develop its reputation well beyond its borders. Luxembourg for Finance Agency for the Development of the Financial Centre Website: www.luxembourgforfinance.com Follow us