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Citi announced on Friday it has signed memoranda of understandings with Bank of China Ltd and China Merchants Bank Co Ltd to strengthen cooperation between Citi and the two banks in supporting clients' investments and projects related to the Belt and Road Initiative.
Citing safety and traffic concerns due to ongoing social unrest in the city, concert organizer ESL on Nov 21 called off all the singer's 25 shows, which were scheduled to run from Dec 9 to Jan 7 at the Hong Kong Coliseum. According to a report in The Standard newspaper, the loss of the overall cancellation was estimated at nearly HK0 million (.2 million).
Claudio Domenicali, CEO of Ducati Motor Holding. [Photo provided to chinadaily.com.cn]
Christine Lam, president and chief executive officer of Citi China, said: "We have a long track record of supporting our Chinese banking clients around the world and recently we have achieved several landmark transactions supporting the Belt and Road Initiative. We look forward to continuing our century-long tradition of serving our clients by enhancing partnership and helping them realize their global ambitions."
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来源：资阳报