US bank CEOs say they could exit China if it ever attacks Taiwan | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Leaders of America's biggest banks say they would follow any US directive on pulling business from China if Taiwan is ever attacked by Beijing

Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if Taiwan is ever attacked by Beijing. JPMorgan\n \n CEO Jamie Dimon, Citi\n \n CEO Jane Fraser, and Bank of America\n \n CEO Brian Moynihan were all pressed on the subject Wednesday by US Congressman Blaine Luetkemeyer, from Missouri, in a Capitol Hill hearing.

Earlier this year, Russia’s attack on Ukraine renewed fears that China could be emboldened to advance its own military aggression toward Taiwan. In an interview that aired this past weekend, US President Joe Biden reaffirmed that US forces would defend the territory against any aggression from mainland China. The three US lenders have a long history of operating in China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pull it anyway. All they have done is reward bad people who have to much power.

This is not enough. US should give Taiwan serious weapons.

Action must be taken immediately, all Chinese factories must be brought to Latin America, decoupling must be total because China already threatened the United States during Nancy Pelosi's visit to Taiwan, perhaps later it will be too late. It's time to help USA

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines