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China to attract an extra $250 billion, unorderly Brexit bad for all: UBS chairman

China to attract an extra 0 billion, unorderly Brexit bad for all: UBS chairman© Reuters. 2019 World Economic Forum (WEF) annual meeting in Davos

DAVOS, Switzerland (Reuters) – UBS (S:) Chairman Axel Weber expects China to attract an additional $250 billion in investment in the next few quarters due to indices reweighting and believes an unorderly Brexit would be in nobody’s interest.

Weber said everybody needs to compromise on Brexit to achieve a deal.

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Source: Investing.com

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