New China ownership rules “won’t spark foreign inrush”
In the first of a two-part article on Beijing’s easing of foreign-ownership limits on financial services firms, some market experts suggest the changes will not have a big impact.
China’s easing of caps on stakes in domestic asset managers—unveiled with fanfare on Friday (November 10) at the end of US president Donald Trump’s visit to Beijing—is unlikely to spark a huge rush of onshore acquisitions, said industry observers.
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