us china trade News

Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, after China and the United States signed a initial deal on trade. The bank …

The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many of the changes were already in the works, with Beijing having stepped up the pace of liberalization last year. Under …