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China forex regulator pledges higher opening, eyes reform on personal equity financial investment

China forex regulator pledges higher opening, eyes reform on personal equity financial investment

Stock Markets12 hours ago (Aug 01, 2020 06:40AM ET) © Reuters. SHANGHAI (Reuters) – China will continue to expand financial market opening, including exploring reforms to the rules governing cross-border investment management involving private equity funds, the country’s foreign exchange regulator said on Saturday. The State Administration of Foreign Exchange (SAFE) said in a statement…