with their Chinese counterparts.
But China would like to attract more foreign capital to its markets and help the local financial industry mature. Cao also pointed out that international markets have relatively greater experience with derivative products, and the entrance of such foreign players to the Chinese market will increase local competition.If companies can get needed approvals and business licenses, the move will come close to matching Chinese Premier Li Keqiang's announcement in September last year, when he said he hoped that
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SOUNDS LIKE A GOOD IDEA
China best do what their told!
Don't trust them. It's a communist country with a hidden agenda. ;-(
China all the Way!