Ireland's windfall from Brexit
By Cecily Liu in London | China Daily | Updated: 2017-01-26 07:37
Dublin is stealing a march on inking closer ties with the Chinese financial services sector, leveraging on the uncertainty cast on London's financial services hub by Brexit.
The Irish government scaled up discussions with Chinese companies in the months after the UK voted to leave the European Union in a referendum in June. Ireland now expects to see the first appearances of asset management firms and Chinese banks in Dublin in the coming months.
"We've explained to Chinese banks and asset managers that Dublin will be a very good gateway for them to access the European market after Brexit," said Paul Ryan, director of international institutions, at Ireland's Department of Finance.
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