Dimon to confront new China business landscape

Dimon is quick to emphasise the importance of China and has taken steps to appease Beijing in the past. — Bloomberg

BEIJING: When Jamie Dimon takes centrestage at JPMorgan Chase and Co’s China summit today, he’ll be confronting a business landscape that looks vastly different from his visit four years ago.

Back in 2019, the last time the flagship event was held in person, the US bank and its Wall Street peers were gearing up to cash in on China’s long-awaited opening of its US$60 trillion (RM277 trillion) financial sector.