China to Scrap Foreign Ownership Caps for Financial Firms Ahead of Schedule: Premier

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By Lin Jinbing / Jul 02, 2019 12:03 PM / Economy

Photo: IC Photo

China will abolish caps on foreign ownership of securities, futures and life insurance firms by 2020, one year earlier than originally planned, Premier Li Keqiang said Tuesday at the Summer Davos conference of the World Economic Forum in Dalian, northeast China.

Read the full story on Caixin Global later today.

Contact reporter Lin Jinbing (jinbinglin@caixin.com)

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