China plans to enhance capital account opening and promote financial market deregulation to attract foreign investors.

China plans to further enhance capital account opening and promote financial market deregulation, according to a senior forex regulator. This move aims to attract foreign investors amid geopolitical tensions and will involve steadily pushing forward two-way capital market opening, strengthening connectivity between domestic and overseas financial markets, and expanding the variety and scope of investments.

March 29, 2024
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