BMO Financial Group to step up investments in China

Asia boss urges investors to look at broader view, ignore short-term 'noise'

BMO Financial Group said it will step up its investments in China, as the financial services provider based in North America remains bullish about the Chinese economy in the long run.

BMO's CEO Asia, Albert Yu, said the broader picture remained compelling and investors should not be distracted by more immediate market concerns about economic growth and nonperforming loans.