A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters
A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Why US business expansion is powering ahead in China, despite tensions

  • Major US financial institutions are expanding in China, despite strained US-China relations and Beijing’s tightened control over the economy
  • And, whatever their differences, both Washington and Beijing seem to welcome the expansion efforts

A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters
A Chinese flag flutters outside the China Securities Regulatory Commission building in Beijing. The CSRC has recently approved the applications of US firms like JPMorgan to expand their foothold in China. Photo: Reuters
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.