Davos 2023 – Citi CEO Fraser says China opening up is good news for the market

Chief executives of the country's largest banks testify at a Senate Banking, Housing, and Urban Affairs hearing on Capitol Hill in Washington

DAVOS, Switzerland (Reuters) – China’s opening up is important for the world and there is good news from market friendly measures taken there, Citi Group’s chief executive Jane Fraser told a panel at the World Economic Forum’s (WEF) annual meeting on Wednesday.

It is quite a volatile time in the world, Fraser said, adding that central bank tightening is likely to continue.

(Reporting by Maha El Dahan; Writing by Nadine Awadalla; Editing by Louise Heavens)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims