OUR RESEARCH

Opening-Up-Foreign-Finance-e1510541006878

Risk vs. Opportunity: Three Takeaways on China Opening Up to Foreign Finance Firms

On Nov. 10, vice finance minister Zhu Guangyao announced that China would remove foreign ownership limits on banks while permitting overseas companies to hold majority stakes in local banks, securities, futures, asset management and insurance. Zhu’s announcement coincided with President Donald Trump’s first state visit to China, and came a day after Trump called for

Financial-Stability-Development-Committee-e1510257969945

Risk Watch: China Establishes New Financial Regulator

◎ Xi is focusing his efforts on rooting out corruption in the financial sector to prevent his political opponents from undermining his administration by creating or magnifying financial risk in China’s economy and markets.

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