Chinese brokers work to crack the final code: win clients on global stage
China’s investment banks spent decades trying to emulate Goldman Sachs, the Wall Street powerhouse that became a benchmark for the country’s financial ambitions and whose alumni included senior US policymakers like former Treasury secretary Henry Paulson.
Today, Beijing’s goal has evolved beyond building a Chinese version of Goldman.
At the Central Financial Work Conference in 2023, President Xi Jinping called for cultivating first-class investment institutions as part of China’s ambition to...
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