For all the hopes that China’s forthcoming leadership change will herald a new wave of market reforms, foreign bankers don’t expect to get the level playing field they crave any time soon.
Trends are positive, but progress can be frustratingly slow.
“My outlook is basically optimistic, particularly in the medium term. The near term is always, always uncertain,” Christian Murck, president of the American Chamber of Commerce in China and independent director of JPMorgan Chase (China), said. Reported by S.China Morning Post 4 minutes ago.
Trends are positive, but progress can be frustratingly slow.
“My outlook is basically optimistic, particularly in the medium term. The near term is always, always uncertain,” Christian Murck, president of the American Chamber of Commerce in China and independent director of JPMorgan Chase (China), said. Reported by S.China Morning Post 4 minutes ago.