BOC increases bite in Big Apple

Larger NYC branch comes as Chinese 2015 FDI in the US grew 30% to $15.7 billion

When Bank of China moves to 7 Bryant Park in midtown Manhattan this fall, it will join major American financial institutions in the neighborhood, and continue its expansion in the US as its overseas business grows.

"The strengthening of economic and trade cooperation between China and the US has brought us a lot of new business, which has brought pressure to our work," said Xu Chen, director of Bank of China's US branch, in an interview with China Daily.