BEIJING (REUTERS) - China has approved a wealth management joint venture between US asset manager BlackRock, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB), as China gradually opens up its financial sector to international firms.. Read more at straitstimes.com.
BEIJING - China has approved a wealth management joint venture between US asset manager BlackRock, Singapore state investor Temasek Holdings and China Construction Bank Corp , as China gradually opens up its financial sector to international firms.
Top global financial players have long sought to increase their presence in the relatively fast-growing Chinese economy, and in October last year China scrapped some restrictions on foreign banks' operations in the country.
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