China will sharply expand market access for foreign banks and securities and ins...
BOAO, China/BEIJING - China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. officials arrived in Beijing for more trade talks.
Li’s remarks add to speculation that China may soon announce new rules that will allow foreign banks and insurance firms to increase their presence in China. But global investors’ access to hedging instruments continues to be restricted, and clarification on tax collection policy is needed, ASIFMA, a financial industry lobby, noted in a report last week.
China must protect intellectual property, otherwise there is no hope for the nation’s transformation, Li said. Analysts at Capital Economics said they believe the benchmark lending rate will be cut in the weeks ahead, though sources have told Reuters such a move may be a last resort if the economy does not show signs of responding to previous support measures.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
China birth rates fall in several regions in 2018: China DailyChina's birth rate in several regions, including the capital Beijing, fell ...
Lire la suite »
United States warns China meddling in Hong Kong hurting business confidenceThe United States warned in a report on Friday that increased meddling from Chin...
Lire la suite »
Shadow margin loans make a sly return as China stocks sizzleOn a cloudy March morning in Shanghai's glitzy financial district of Lujiaz...
Lire la suite »
Explosion at Chemical Plant in Eastern China Kills at Least 47An explosion at a chemical plant in eastern China killed at least 47 people and injured hundreds of others.
Lire la suite »
Investor: The US and China will reach a deal, then markets will jump 15%Despite all the back and forth between Donald Trump and Xi Jinping's negotiating teams, the U.S. and China will ultimately come to a trade agreement, according to Jackson Wong, associate director at Huarong International Securities.
Lire la suite »
China urges subsidies to help disease-hit pig farms restockChina has urged rural governments to offer temporary subsidies to pig breeding f...
Lire la suite »
Tesla's Musk tells employees vehicle deliveries 'primary priority' near end of first quarterTesla Inc's vehicle deliveries scheduled across Europe, China and North Ame...
Lire la suite »
Chinese smartphone firms jazz up products, seize turf in home market from AppleSmartphone retailers in China say it's a tough sell of late with consumers ...
Lire la suite »
Explosion at Chinese chemical plant kills 47, injures 640An explosion at a pesticide plant in eastern China has killed 47 people and inju...
Lire la suite »