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Senior banker will move to Abu Dhabi to take up position
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US president Donald Trump took things up a notch with more tariffs on Chinese imports imposed on Monday, forcing China to retaliate. Meanwhile, his chief economic advisor said trade talks were still possible and BlackRock’s CEO said the US economy may actually benefit from trade war in the short term.
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In this round-up, Chinese premier Li Keqiang defends the pace of reform and opening up at the Summer Davos conference, the People’s Bank of China prepares to issue its first RMB bills in Hong Kong, and the National Development and Reform Commission (NDRC) paints a rosy picture of the Belt and Road Initiative (BRI).
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CLSA has made two senior appointments to its fixed income and debt capital markets teams in Asia Pacific.
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HSBC DCM banker Odilbek Isakov has been hired to run Uzbekistan’s new debt management office.
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HSBC Securities Services has appointed two global co-heads — one of them a well-known figure in the debt capital markets.
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BNY Mellon has appointed Sam Xu as country executive for China, effective September 18.