China Introduces More Measures to Open Up Financial Sector

China has unveiled 11 measures to open up the country's financial sector and scrap foreign shareholding caps in most financial sectors in a bid to bolster and stabilize growth.

3 minute readAugust 05, 2019 at 01:13 AM

Marilyn Romero

China Introduces More Measures to Open Up Financial Sector

Until recently, China’s financial sector was considered a sensitive area and foreign investment in the segment was heavily restricted. In the past few years, however, the sector has witnessed a

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