China Introduces More Measures to Open Up Financial Sector

August 05, 2019 | BY

Marilyn Romero

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.

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Financial Services

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