China Expands Investment Scope for Offshore Wealth Management Services
September 12, 2007
By Paul Hastings Professional
Recently, Chinas financial regulatory authorities have expanded the range of permissible investments that mainland financial institutions may offer to their clients to now include offshore equity securities. This expansion is part and parcel of a key financial program in China, known as the Qualified Domestic Institutional Investor program, which was established to promote and regulate the movement of Chinese financial investments offshore.