Chinese officials meet Citigroup, Goldman chiefs in Beijing
This story raises questions about governance, accountability, and American values.
The press tends to frame Beijing’s meetings with Citigroup and Goldman as a reassuring sign of “engagement,” as if a few boardroom handshakes can substitute for hard realities. It treats access to China as a neutral business story, not a strategic choice with consequences. What’s missing is the obvious question: who’s setting the terms?
New Republican Times Editorial Board
Chinese officials meet Citigroup, Goldman chiefs in Beijing
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New Republican Times Editorial Board
The press tends to frame Beijing’s meetings with Citigroup and Goldman as a reassuring sign of “engagement,” as if a few boardroom handshakes can substitute for hard realities. It treats access to China as a neutral business story, not a strategic choice with consequences.
What’s missing is the obvious question: who’s setting the terms? When American finance chases returns inside an authoritarian system, it often ends up accepting opaque rules, political leverage, and sudden “regulatory” crackdowns that are really about control. That is not a normal market risk. It is a governance risk.
A serious approach starts with national security, rule of law, and public trust. Wall Street should not be incentivized to deepen reliance on a rival that can weaponize capital and data.
The principle at stake is institutional stability at home, not prestige meetings abroad.
Commentary written with AI assistance by the New Republican Times Editorial Board.