Bloomberg Daybreak: Asia Edition Goldman Sachs CEO David Solomon Talks US-China Relations, Amazon-OpenAI Deal
Nov 4, 2025
David Solomon, the Chairman and CEO of Goldman Sachs, dives into the evolving U.S.-China trade relations and the firm’s strategic vision for China. He discusses the renewed investor interest in the Chinese market and the promising landscape for M&A activity in the U.S. Meanwhile, Brad Bernstein from UBS shares insights on the tech rally sparked by Amazon's massive deal with OpenAI, highlighting the momentum in AI investments and strategies for navigating market conditions. Together, they explore the intersection of tech, finance, and geopolitical trends.
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Client Breakfast Illustrates Global Value
- Solomon recounts a breakfast with a Chinese founder who values Goldman Sachs for global access.
- He says clients prize Goldman for access to people, information and capital markets worldwide.
Keep A Long-Term China Strategy
- Solomon urges long-term commitment to serving clients in China despite regulatory and geopolitical changes.
- He says firms must adapt to the regulatory environment but remain committed unless conditions materially change.
Governments Taking Stakes Is Concerning
- Solomon distinguishes routine regulatory review from governments taking equity stakes in companies.
- He expresses general opposition to governments owning companies, while allowing for rare exceptions.