Swing time

10 November 2017 By Pete Sweeney

Beijing is relaxing, and later eliminating, caps on foreign ownership of banks and brokerages. It’s less a concession than an enticement. China could use help deleveraging its economy. And the $10 trillion in personal savings languishing in Chinese banks are worth competing for.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)