The head of the China Banking and Insurance Regulatory Commission has said the country will further open its financial sectors to foreign corporates. Wang Qishan, who is also a member of China's top economic advisory body, told reporters on Monday that he expects Chinese banks to be more transparent in their dealings with overseas clients.
The head of the China Banking and Insurance Regulatory Commission has said the country will further open its financial sectors to foreign corporates. Speaking at a financial forum in Shanghai, Guo Shuqing said China would be particularly welcoming to experienced global asset managers.