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On the occasion of the LFF mission to Asia , a seminar called “Luxembourg, moving from a european to a global hub” was organised in Beijing on Wednesday January 16th. The seminar gathered more than 150 chinese businessmen. In his opening speech the Minister of Finance, Luc Frieden, said that the international dimension of the Grand Duchy despite its small size, was “the clear result of an economic and political will” that had resulted in Luxembourg being a founding member of various international insitutions including the European Union.
Today, Luxembourg is second in the world for assets under management in mutual funds and the number 1 wealth management center in the eurozone. It also hosts the corporate headquarters of ArcelorMittal, the world largest steel industry...
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