China financial system getting serious

Posted: April 27, 2017 in Uncategorized

The Chinese market fell over 5% since 7 April, but it very good.

The authority started a serious clampdown  addressing regulation in the banking, insurance and securities systems and clampdown in off-balance  sheet risks (shadow lending, contagion risk and entrusted investment).

This is a very positive outcome as it is a stepping stone for the China mainland to be included in the World indexes and open to foreigners in general.

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