China says opening its financial sector
Mint Mumbai|June 09, 2023
China will continue to open up its $60 trillion financial market to foreign banks and investment firms, while sticking to the bottom line of preventing systemic risks, the nation's new top regulator said.
China says opening its financial sector

The nation will "unswervingly" open up its financial sector and welcome quality foreign financial institutions to China, Li Yunze, head of the National Financial Regulatory Administration, said at the Lujiazui Forum on Thursday in Shanghai.

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