Haitong Bank's New China Index: lifting the lid on Chinese investment | World Finance

China and Europe trade well over €1bn every day, according to EC statistics. Haitong Bank – the product of the acquisition of Portugal's BESI by China's Haitong Securities – offers Europe and China a platform for even greater trade and investment. The bank's CEO, José Maria Ricciardi, explains why it has launched a New China Index, to track the transformation of China's economy from one dependent on manufacturing and heavy industry, to a more service-driven, technological one. He also highlights the key sectors that China is investing in overseas, including €21bn into Europe last year. And he suggests that the potential for Chinese capital renewing Europe's ageing infrastructure could be enormous. For a full transcript visit: http://www.worldfinance.com/videos/haitong-banks-new-china-index-lifting-the-lid-on-chinese-investment For more World Finance videos go to http://www.worldfinance.com/videos/