C · News · 20261016N
US-China Market Access
CITIGROUP INC · 2026-10-16 · Importance 34 · Surprise 42 · In source text
U.S. officials pressed Chinese counterparts in Bangkok on market-access issues affecting Citigroup and other U.S. financial-services companies. The discussions involved Citigroup, Mastercard, and Visa and were held with the People’s Bank of China and China’s finance ministry during the G20 finance meetings and IMF-World Bank annual gathering. Treasury said regulatory approval was part of an agreement reached during the October 2026 meeting between Presidents Donald Trump and Xi Jinping. The Bangkok meetings focused on implementing those market-access commitments, potentially affecting Citi’s ability to expand or operate in China.
Key facts
- Regulatory approval was part of the agreement reached during the meeting between Presidents Donald Trump and Xi Jinping in Washington last month that included market access issues for Citigroup. source
- U.S. officials pressed Beijing on market access issues for Citigroup Inc during at least two bilateral meetings in Bangkok this week. source
- The talks included market access for Citigroup, among other U.S. companies. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Regulatory approval was part of the agreement reached during the meeting between Presidents Donald Trump and Xi Jinping in Washington last… |