China Tax Crackdown Leaves JP Morgan Flows Unaffected
JP Morgan Asset Management reports that Beijing's offshore tax crackdown has not impacted regional investor flows. Executives remain confident in Asia's ongoing wealth creation despite regulatory pressures.
Insights:
China's tax crackdown on offshore income has failed to dent investor flows into J.P. Morgan Asset Management's division in Asia, according to regional head Ayaz Ebrahim.
