Regulation

Trade talks pressure China to open up financial sector – analysts

China wants to increase the competitiveness of its financial institutions by allowing more foreign banks and insurers to enter the domestic market more easily and speedily.

It has been a long time coming but with its feet to the fire as economic growth slows and a more belligerent US government squeezes it on trade, Beijing is biting the bullet of financial reform just that little bit harder. 

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