Flaherty, Carney to promote banks in China
by NewsHound on 06/08/09 at 11:55 am
Canadian Finance Minister Jim Flaherty and Bank of Canada Governor Mark Carney will travel to China next week to promote the country’s financial industry and help win business for its banks.
Mr. Flaherty will also be joined by the head of the country’s regulator of financial services, Julie Dickson, and financial industry executives, the Finance Ministry said in a statement. Mr. Flaherty will visit Beijing and Shanghai during the six-day trip.
“Most of Canada’s large financial institutions are active in China and they are looking to expand,” Mr. Flaherty said in the statement. “The Canadian financial sector is also eager to partner with Chinese companies in their global transactions.”
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