Citi Secures Approval for China Securities Business

• Citi has been granted regulatory approval for its China securities business.
• This approval comes ahead of a scheduled meeting between Donald Trump and Xi Jinping.
• Citi aims to target the top spot in China's securities market with this venture.
• The approval follows Citi's long-awaited application for a securities license in China.
• The timing of the approval coincides with significant international diplomatic events.