Moynihan Says China Is Working on the Debt Side

Brian Moynihan, Chairman and CEO, discusses tax reform, the US economy, and European prospects. He highlights the challenges of job creation and the role of urbanization and industrialization. Moynihan also talks about China's economic growth and its potential as a market for Bank of America. He outlines the bank's strategy in China, focusing on corporate investment banking and local incorporation, while noting the challenges and opportunities in the region.

What are the challenges mentioned regarding job creation in the economy?

How does urbanization and industrialization impact the economy according to the text?

What is Bank of America's stance on liberalizing access to Chinese markets?

What activities does Bank of America engage in within China?

What considerations does Bank of America have regarding its operations in China?