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China to ask Wall Street firms for ideas on improving ties with US

Chinese government officials will aim to reassure the US financial firms that Beijing is genuinely receptive to their ideas, a source said

Reuters  |  Hong Kong 

China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said. The Chinese government sent invitations for the hastily-convened meeting a few weeks ago as trade tensions between the world's two largest economies appeared to be headed for a full-blown trade war. Top financial firms in both countries are sending representatives to the meeting, although heavyweight invitees such as Blackstone's Stephen Schwarzman were unable to ...

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First Published: Fri, September 14 2018. 17:01 IST
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