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‘Goldman Sachs’ opens in Shenzhen

After a fake Apple store, a fake Ikea and a fake branch of one of the world’s biggest banks China’s innovative copycats seem to be scaling the value chain: all the way up to Goldman Sachs, the international investment bank.

Nestled in the boomtown of Shenzhen, bordering Hong Kong, Goldman Sachs (Shenzhen) Financial Leasing Company is the latest case to emerge.

It is listed as operating out of an office building in the Bao An district and its existence was brought to light by the International Union of Operating Engineers, a US-based trade union that has been campaigning against corruption in Macau, the Chinese casino gambling centre close to Shenzhen and Hong Kong.

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