UPDATED: August 29, 2014 NO. 36 SEPTEMBER 4, 2014 | QUOTE | | | | In the long run, three conditions should be fulfilled before China opens up its funds market within Asia: first, ordinary investors should feel comfortable investing in both funds and overseas markets; second, savings rates and wealth accumulation should reach a certain quota. Third, China's capital market has to be opened up to the outside world. To date, progress has been made on all three fronts. |
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