FinanceWall Street banks shrug off decoupling to embrace China
Goldman and JPMorgan Chase prepare for greater market access
Goldman Sachs plans to expand its China staff to 600 by 2024, up from its current 400. © Reuters
TAKENORI MIYAMOTO, Nikkei staff writer
February 27, 2021 23:42 JST
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.