Wall Street banks shrug off decoupling to embrace China

Goldman and JPMorgan Chase prepare for greater market access

20210225N Goldman

Goldman Sachs plans to expand its China staff to 600 by 2024, up from its current 400. © Reuters

TAKENORI MIYAMOTO, Nikkei staff writer

NEW YORK -- As far as Wall Street is concerned, U.S. President Joe Biden's push to lessen American dependence on Chinese supplies is nothing to fret about. With Chinese companies showing a voracious appetite for fundraising and acquisitions, the opportunity is enormous.

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