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China’s economic slowdown prompts Beijing to reaffirm commitment to opening up financial markets

Summary:
[unable to retrieve full-text content]China will step up its plans to further open up the financial industry to foreign investments as a means of shoring up its post-coronavirus economic recovery and to also help tackle the prospect of a slow down later in the year.The country must push on with its commitments to open up the banking and insurance sectors, while leveraging both the international and domestic markets, to establish itself as “a popular destination for foreign investment”, the State Council, China’s cabinet, said in an…

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[unable to retrieve full-text content]
China will step up its plans to further open up the financial industry to foreign investments as a means of shoring up its post-coronavirus economic recovery and to also help tackle the prospect of a slow down later in the year.The country must push on with its commitments to open up the banking and insurance sectors, while leveraging both the international and domestic markets, to establish itself as “a popular destination for foreign investment”, the State Council, China’s cabinet, said in an…

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