Western banks doing business in China tells me there won’t be a kinetic war anytime soon.

A Reuters article posted earlier last week discussed China’s desire to open up its exchange traded funds to Western market makers. The article mentions Citadel, an alternative investment manager, and Jane Street, a trading firm. According to Reuters: “Over the last two years, Chinese authorities have issued more licences (sic) and encouraged the development of … Continue reading Western banks doing business in China tells me there won’t be a kinetic war anytime soon.