China to open up finance sector to more foreign investment in 2020, one year earlier than planned

//China to open up finance sector to more foreign investment in 2020, one year earlier than planned

China to open up finance sector to more foreign investment in 2020, one year earlier than planned

China lifted some restrictions on foreign investment in the financial sector on Saturday, as the world’s second largest economy fights slowing growth at home and a damaging trade war with the US.China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020, one year earlier than originally planned, the Financial Stability and Development Committee said in a statement posted by the central bank on Saturday.Foreign investors will also be…

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By | 2019-07-20T18:32:50+00:00 July 20th, 2019|Headlines|Comments Off on China to open up finance sector to more foreign investment in 2020, one year earlier than planned