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Opinion

Wall Street doubles down on China

Financial ties continue to grow despite political tensions

| China
U.S. investment bank Morgan Stanley has just been joined by Goldman Sachs and insurance giant Chubb in winning regulatory approval for taking full control of its joint venture with Chinese partners.   © AP

Lionel Barber is former editor of the Financial Times. He is author of "The Powerful and the Damned: Private Diaries in Turbulent Times."

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