Wall Street Has Officially Thrown In Its Lot With Beijing

Wall Street Has Officially Thrown In Its Lot With Beijing
A Wall Street sign hangs at the New York Stock Exchange at Wall Street in New York on March 23, 2021. Angela Weiss/AFP via Getty Images
Fan Yu
Updated:
Commentary

Despite tensions between Beijing and Washington increasing over the past five years, Wall Street firms have steadily increased their business footprint in China while carefully navigating the political whirlwinds.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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