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Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Opening of Foreign Investment in China to Curb its Financial Sector

December, 30 2016
watermark Economic news

China opens to more foreign investment in banking, insurance, securities and credit-rating firms as part of their expansion in finance as the second world’s largest economy. Although the period of reform is still uncertain. This lessens the concerns of foreign companies with the guidelines from National Development and Reform Commission (NDRC).

This move is directed towards liberalization of the financial sector and at the same time supports the shift of China towards services from being an industry-reliant country. At the same time, this resolves the incongruity in investment flows since high capital outflows caused the depreciation of Yuan for this year.

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.