Christian Sewing, CEO at Deutsche Bank. [Photo provided to chinadaily.com.cn]
Deutsche Bank remains optimistic about the long-term development of the Chinese economy and regards China as a key market in the Asia-Pacific region, Christian Sewing, CEO at Deutsche Bank, said following his visit to the region last week.
"I spent the first couple of days in Beijing and, as always, left feeling energized," Sewing said in a post on LinkedIn. "The speed of development and thirst for innovation is everywhere, so it's no surprise that it's a key market for both our clients and Deutsche Bank."
Emphasizing that Deutsche Bank has been on the ground in China for over 150 years, he said not many people know that the bank opened one of its first overseas markets in China before it ever stepped foot locations like London, Paris, and New York.
"We're lucky to be able to offer our clients a deeply embedded presence in this part of the world and it's something we will continue to invest in," he said. "That's because the broader Asia-Pacific and Middle East regions are critical to our global growth ambitions."
