Barclays looks to enter China's $4.3t asset management market

Barclays looks to enter China's $4.3t asset management market

The Forbidden City in Beijing, China. Photo by wong zihoo on Unsplash

Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the matter said, as part of the British lender’s plans to expand its footprint in the world’s second-largest economy.