Wall Street Puts a ‘Sell’ on Its China Holdings

One of Washington’s biggest China critics traveled to New York in mid-September to meet with some of Wall Street’s best-known financiers. His mission was to persuade them to stop investing in China.

Wisconsin Republican Mike Gallagher, who chairs a House committee on China, was surprised to find they didn’t need much coaxing. They told him they already were ratcheting back their investments there.