Year of the Rooster: Why MSCI included A-shares

For many years, China's authorities had sought out the inclusion of its domestic shares into global indices, and in particular the MSCI Emerging Market Indices. But for three years in a row it was rebuffed by the US index provider due to concerns over the ease with which capital invested in China could be repatriated and the local regulator's proclivity to tinker with the functioning of the market.