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Wednesday, November 25 - 2009

CBD seminar highlights investment opportunities in China

  • United Arab Emirates: Tuesday, April 29 - 2008 at 14:36
  • PRESS RELEASE

In its constant efforts aimed at strengthening its relationship with its customers, Commercial Bank of Dubai (CBD) hosted a seminar on "China Rising" at its Head Office recently.

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The event was held exclusively for its corporate and commercial banking customers.

The seminar was organised in partnership with Hong Kong based DNM Strategies Limited and the China Association of Small and Medium Size Enterprises (CASME) was represented by an official delegation.

The aim of the seminar was to provide CBD customers with information to embrace opportunities that will emerge as investment flows between China and the UAE and especially Dubai increase.

Mr. Peter Baltussen, Chief Executive Officer of CBD, while addressing the audience at the opening of the seminar said:

"Customers have always been CBD's first priority and we believe hosting such seminars provides value added information to our clients. CBD understands that all businesses face tough challenges and unique opportunities and hope that this seminar will give you an insight into doing business with China".


The seminar was addressed by Laurence Brahm, a political economist and lawyer and Dr. Hong Chen, Chairman and CEO of The Hina Group, a private equity investment and advisory firm. It was moderated by Samuel A Moon, CEO, DNM Strategies Limited.

Noting their interest in learning about new opportunities in China, Peter Baltussen said, "Last year, China invested over $29bn in foreign companies while investors from the rest of the world invested $22bn in China. Its growth story has been of special interest to the UAE as was demonstrated by the successful visit of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai".

Laurence Brahm provided a candid insight into the political landscape of China and the dramatic changes it has experienced while reforming its policy to play a more dominant role in global affairs.

His independent views on China's economy and reforms are sought by the international business community and by the Chinese government.

He resides in Lhasa and Beijing where he has served for two decades as investment strategist for Fortune 500 companies.

Dr. Hong Chen focused on market entry strategies, mergers and acquisitions and discussed real opportunities as well as challenges for doing business in China.

He talked about what it takes to make it in China and where opportunities lie as the market reforms further and prepares to dominate the global economy.

China has been steadily gaining attention as an emerging economic super-power that is anticipated to overtake the US market within 20 years.

It is by far the fastest growing economy in the world and has also become the world's manufacturing hub. Its market size and potential presents a very attractive opportunity for investors globally.
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Notes and media contacts

For more information contact:

Badr Souiedan
Commercial Bank of Dubai
Phone: +971 4 2121704
Fax: +971 4 2121750
Mobile: +97150 6565489

Samer Hamzi/ Sandeep Sharma
Weber Shandwick MENA
Phone: +971 4 3210077
Fax: +971 4 3211711

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