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City of London lures Chinese speakers to handle surge of work

The number of Chinese speakers working in the City of London has jumped in the past year as London reinforces its position as the biggest renminbi trading hub outside China, research by a recruiter has found.

Mandarin has jumped from the eighth to fourth most commonly quoted language on CV applications, according to Astbury Marsden. Cantonese has also entered the top 10 and is now the sixth most commonly cited foreign language among City workers.

The company said the increases were the result of investment banks employing more Chinese speakers to deal with a recent surge in work for Asian markets and increased investment from China into London.

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