April 5th (AMSP/CGTN) – – President Trump’s latest tariff surge has sparked fears of inflationary shocks, retaliatory trade wars, and stalled global growth. CGTN spoke with the Bank of East Asia’s China CEO, Bi Mingqiang, on how financial institutions are turning geopolitical risk into strategic opportunities.
“I do believe, Trump is bringing a lot of uncertainties to the global market, which put the global growth at risk. So to mitigate this kind of damage or risk, I think global government and business side are actively rethinking their strategy. You can see, actually, a lot of Chinese companies are shifting their business flow, their investment flow to those more friendly markets like Southeast Asia, the Middle East and Belt and Road regions. This is going to reshape the overall landscape of global supply chain. I believe, to facilitate this trend, I think banks like BEA, we can help, we can provide those tailor-made banking services like cross-border financing, services, cash management, trade finance, to help,” Bi Mingqiang said.
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