Posted 11/22/2023, 12:06:18 PM
Foreign Financial Firms Boost Investments in China Amid Opening-Up and Economic Optimism
- Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year.
- China has been intensifying moves to promote a high level of financial opening up in recent years.
- The steady institutional opening up in the financial sector will continue to facilitate cross-border investment and financing and attract more foreign investors and long-term capital.
- Analysts believe that this stronger China push on the part of foreign-funded financial institutions in essence confirms widespread optimism about China's economic prospects.
- Observers said the country's steady institutional opening up in the financial sector will continue to facilitate cross-border investment and financing and attract more foreign investors and long-term capital.