US banks feel headwind

Despite concessions to foreign banks, the Chinese market is difficult to conquer, even for large international financial services providers like JPMorgan. Apart from the economic situation in China and political campaigns, tensions between Washington and Beijing threaten to escalate further.

Jörn Petring

01. June 2023

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Jörn Petring

01. June 2023

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Last updated: 24. July 2025