Chinese Government to Permit Foreign Asset Managers to Own More of Wealth Management JVs
Posted on 07/22/2019
The Chinese government has been trying to avoid a hard landing by setting up glide paths toward lower economic growth. China has spent considerable fiscal resources (example: One-Belt, One-Road) to engineer the rebalancing toward a different type of economy. In a series of measures to open China’s financial services sector, foreign asset managers will be […]
