http://www.skynews.com.au/business/story.asp?id=95111
MAC BANK EYES CHINA
Australian-listed Macquarie Bank is readying itself for entry into the lucrative Chinese market by hiring top business experts on China.
The company also has 30 Mandarin speakers on its staff.
Macquarie Bank wants to infiltrate the insurance and infrastructure sector in China.
The Chinese Government is preparing to allow its domestic insurers to invest in new infrastructure projects.
It has also decided to increase investment in airports, a move that has excited Macquarie Bank.
The investment bank has strengthened its resources team in Beijing, to advise Chinese companies looking to invest overseas.
MBL
macquarie bank limited
mac bank eyes china
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