Skip to content

Rockefeller’s Fleming Sees Banks’ Caution Growing Over China

Greg Fleming 

Greg Fleming 

Photographer: Demetrius Freeman/Bloomberg

Greg Fleming, head of wealth adviser Rockefeller Capital Management, said he sees financial institutions becoming increasingly wary of expanding in China due to mounting geopolitical tensions and pandemic restrictions.

“There will be much more caution in terms of the level of capital investment and aggressiveness of the growth strategy,” Fleming said Friday in an interview with Bloomberg Television.