May
10
Why China Is Ready to Let Wall Street Firms Invade Its Markets
By
As China considers whether to grant foreign investment banks greater access to its securities market, their biggest local competitor is undaunted.
“It’s quite obvious who are the winners,” said Zhang Jian, who oversees Citic Securities Co.’s mergers advisory business, in an April interview. “I’m not concerned at all.”…
Why China Is Ready to Let Wall Street Firms Invade Its Markets
