TOKYO -- In the wake of the Archegos debacle, Japanese financial companies should take more care in expanding their wealth management businesses in China.
After Archegos, firms need to reassess risk of doing business in the country

Nomura Orient set up a branch in Beijing last December with the intention of starting operations in Shenzhen in July. (Source photos by AP and Reuters)
TOKYO -- In the wake of the Archegos debacle, Japanese financial companies should take more care in expanding their wealth management businesses in China.