Dennis Wan, JPMorgan's managing director and head of sales for China credit and rate markets, sees potential in China's derivatives business. However, he cautions that risk management is necessary as the nation's legions of small to medium-sized businesses grow. He shares his views on the current derivatives business in China.
Tell us about JPMorgan's derivatives market coverage in China
Wan JPMorgan has been conducting business in China since the late 1980s, providing risk-management services to clients in China through the local banks as intermediary. Due to the stringent local regulations, we're restricted to, on the one hand, working in close partnership with the local...