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To attract Chinese investors SBI to set up special desk

Posted by BrickAcres on March 28, 2016
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To woo potential Chinese investors as part of its efforts to attract
investments from China under the ‘Make in India’ campaign,The Shanghai
branch of the State Bank of India will launch a special desk .

The special China desk, to operate from Monday, will be largely based
on the lines of the Japan desk set up in New Delhi, SBI officials
attending the ‘India-China Business Forum’ being held in the Chinese
city of Wuxi said.The special desk will provide advisory services, they

More than 20 Indian firms are taking part in the India-China Business
and Investment Forum aimed at introducing latest investment
opportunities under the ‘Make in India’ campaign to their Chinese

The Shanghai-based desk will be handled by Chinese banking executives,
Swaminathan said, and will be led by Jean Liu, a banking executive who
worked earlier for several Chinese and foreign investment banks in

The launch of the desk comes at a time when India is courting Chinese
investment to push the “Make in India” initiative and for a number of
infrastructure projects, including industrial parks for automobiles,
power, solar projects and real estate developments.


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