Part 9/14:
In a surprising turn, major global financial institutions are rekindling their interest in China. During last week’s Hong Kong investment summit, CEOs of Morgan Stanley and Goldman Sachs expressed newfound optimism. Morgan Stanley’s Ted Pic noted that confidence among global asset managers is "returning" and described China as "too big to ignore." Meanwhile, David Solomon of Goldman Sachs, after praising China’s market normalization, announced plans for increased investment, including a meeting with Chinese Vice Premier Khalifong in Beijing.