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Rules hamper China's financial sector opening

Language barrier, lower salaries also make it hard to recruit foreign senior executives to work in China

Hong Kong

IN the last two years, more than 30 global asset managers have been awarded licences to set up wholly-owned units in China as they sought a share of the country's US$1.5 trillion private fund management market.

Yet only about six of those asset managers - a group that...

sentifi.com

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