NEW YORK -- Goldman Sachs intends to take a majority stake in its Chinese joint venture, the latest from Wall Street to seek expansion in the country's financial sector after Beijing loosened restrictions.
Finance
Goldman to take majority stake in China joint venture
Wall Street titans move closer to controlling operations on the mainland
Goldman Sachs, Morgan Stanley and JPMorgan all have made moves to take control of their joint ventures in China after Beijing eased regulations. © Reuters
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