Goldman Sachs, Citi reported hiring in China, Hong Kong...

 ... as a senior Chinese official is quoted as saying U.S. businesses are 'essential' for China's development... 

Relations between the U.S. and Chinese governments may still be frosty, but it seems that the prospect of business to be done as the Covid-19 pandemic appears to be starting to ease is prompting Western banking industry executives to move at speed to target the Asia Pacific region's wealthiest individuals – and prompting Chinese officials to ensure that these companies feel they're welcome, events over the last week reveal.

AmCham China to add chapter in Shandong province

The American Chamber of Commerce in the People’s Republic of China has announced that it’s to establish a fifth chapter in the country, in Shandong province, following the signing of a memorandum of understanding with the region's Commerce Department.

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Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...