China Putting Billions Into ‘Second Canary Wharf’

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Four of China’s biggest banks have given the go ahead to finance a £1.7 billion ‘second Canary Wharf’ for Asian business on a derelict old East End dock. Chinese investors are also on track to sink £4 billion into London property this year, beating the 2015 record by miles. The Remainers over at Bloomberg ask: “With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district in London?” Well China think so…




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