Cayman networks at China Offshore Summit

(CNS Business): At the Cayman Islands’ private session during last month’s China Offshore Summit, which was attended by more than 120 people representing top financial intermediaries and high net-worth individuals from mainland China, Premier McKeeva Bush said he was pleased with the overwhelmingly positive response. Government’s theme for the summit, according to officials, was  Guanxi: The Cayman-China Connection, which “aimed to educate investment advisers,venture capitalists, private-equity firms and other financial institutions on the asset management and corporate products available in Cayman,” the finance ministry said. Guanxi is a Mandarin word meaning ‘networks’ or ‘connections’, inferring support and cooperation, particularly in the business and social contexts. Read more on CNS Business