Citi readies for Asia investment surge with new China desk as trade war intensifies

Citi readies for Asia investment surge with new China desk as trade war intensifies

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. REUTERS/Brendan McDermid

Citigroup Inc will set up a China business desk in India within the year betting on a pickup in investment flows within the Asian region, its Asia-Pacific corporate banking head said, as concerns grow about the impact of a Sino-U.S. trade war.

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