Foreign banks like DBS, Standard Chartered, and BNP Paribas are expanding in China as it opens markets.

Foreign financial firms are expanding their footprint in China as the country opens its markets further. Companies like DBS Group, Standard Chartered, and BNP Paribas are setting up new entities and increasing stakes in existing businesses. The Chinese government has also revised rules to attract more foreign investment, aiming to provide diversified investment channels for international capital.

November 28, 2024
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