Citigroup CEO Visits China as Wall Street Seeks Closer Ties
- Fraser met with China financial regulators, vowed to expand
- Visit follows trips by Jamie Dimon, Elon Musk over past weeks
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Citigroup Inc. Chief Executive Officer Jane Fraser visited Beijing this week, joining other Wall Street executives to travel to China despite growing geopolitical tensions with the US.
Fraser expressed confidence in China’s financial and economic development, and vowed to keep expanding onshore operations during her Monday meeting with the nation’s top financial regulator, according to an official statement. She also met with the deputy governor of China’s central bank to discuss the situation in the international financial market on Tuesday.