JPMorgan, Goldman Sachs Navigate China Market Amid Rising Tensions

Experts caution that abrupt political changes remain the greatest threat to foreign bank operations in China.

The JPMorgan Beijing office sign in Beijing on Dec. 13, 2010. Jason Lee/Reuters

JPMorgan Chase and Goldman Sachs plan to stay in China despite worsening U.S.-China relations, with both banks adjusting their business focus.

One analyst has said that this marks Wall Street’s entry into the stage of “de-risking without decoupling.”