As China Eases Ownership Limits, Americans Voice Interest

FINANCIAL SERVICES President Xi Jinping Zhu Guangyao, China's vice minister of finance, surprised the country's Communist Party members in November when he announced the government would allow more foreign investment in its domestic economy. Though China has made strides in opening its equ...

Full description

Saved in:
Bibliographic Details
Published in:Global Finance 2017-12, Vol.31 (11), p.72-72
Main Author: Neuhaus, Les
Format: Article
Language:English
Subjects:
Acquisitions & mergers
International finance
Investment banking
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:FINANCIAL SERVICES President Xi Jinping Zhu Guangyao, China's vice minister of finance, surprised the country's Communist Party members in November when he announced the government would allow more foreign investment in its domestic economy. Though China has made strides in opening its equity and bond markets to foreign investors, American banks and securities firms have complained for decades that China's ownership-cap policy marginalized them in one of the fastest-growing financial systems on the planet.
ISSN:0896-4181