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

Reuters

Published Jan 22, 2019 05:30AM ET

Updated Jan 22, 2019 07:06AM ET

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

DAVOS, Switzerland (Reuters) - UBS (S:UBSG) 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.