We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Friendship of convenience

9 April 2021 By Pete Sweeney

Western funds like BlackRock are partnering with local banks to tap a market forecast to hit $23 trln in assets by 2030. It’s the latest rush into a promising financial sector where foreigners can take majority stakes. But control may prove illusory while hidden risks abound.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)