BlackRock’s China Head Resigns Just as Competition Heats Up
(Bloomberg) -- BlackRock Inc.’s head of China operations resigned, adding to the company’s challenges as competition intensifies in the 130 trillion yuan ($18 trillion) asset management market.Most Read from BloombergGeorge Santos Loses Bid to Shield the P...
If I had to guess the real reason, it's due to the fallout of BlackRock's heavy stake in Evergrande.