china

Chancellor Hammond taps Clifford Chance partner for China delegation

Clifford Chance senior partner Malcolm Sweeting will join UK Chancellor of the Exchequer Philip Hammond as he attempts to cement Britain’s economic relationship with China post-Brexit.

Mr Sweeting has been named among a team of business and finance heavyweights invited to join Chancellor Hammond on his upcoming trip to China, where he will promote UK business interests and opportunities in the wake of the country’s decision to leave the EU. A statement released by the UK Treasury on Friday reported that there would be a strong focus on the financial services sector throughout the upcoming visit, with Chancellor Hammond set to host a financial services round-table in Beijing.

Industry heavyweights

Other invited attendees for the round-table include Standard Life chairman Sir Gerry Grimstone, HSBC chairman Douglas Flint and Aberdeen Asset Management deputy Asia Pacific head Ian Macdonald. Mr Sweeting has been a banking and finance partner with Clifford Chance for more than 25 years and was a leading voice in many of the firm’s client briefings in the lead up to the EU referendum.

Source: Financial News; Legal Week