💨 Abstract

financial firms may reduce presence in China, hive off local units, or delay expansion due to geopolitical concerns under President Trump. Trump's proposed tariffs and tougher capital inflow regulations increase risks for U.S. firms, leading to potential pullbacks or delayed investments. Industry executives and analysts anticipate a "very bumpy road ahead" for U.S. financial companies in China.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖