Beijing pushes ahead with opening up its financial sector despite trade tensions

  • ”I hope in three years' time, there will be a number of foreign ventures qualified for full-license, full-ownership operation in the financial sector,” Premier Li Keqiang told a group of business leaders at a World Economic Forum conference.
  • Recent financial reform efforts that Chinese authorities have taken include allowing individual foreign investors in the country to buy mainland-traded stocks, known as A shares, and removing limits of foreign holdings in banks.

Source: CNBC