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Economy

China pledges to expand financial market opening as US trade delegation arrives

Updated : March 29, 2019 08:47 AM IST

China has pledged to further open its massive financial markets to foreign investors amid a trade war with the United States. Foreign businesses have long complained that liberalisation has been too narrow and implementation spotty.
The government also will work on more favourable policies for foreign investors to trade Chinese bonds, Li said.
White House economic adviser Larry Kudlow said the United States may drop some tariffs if a trade deal is reached while keeping others in place to ensure Beijing's compliance.
China pledges to expand financial market opening as US trade delegation arrives

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