To say the least, 2016 was a busy year. Starting from the opening of the bond market to majority control of a fund management company by a foreign firm, it can be easy to forget just how much happened. Themes of cross-border investment liberalization and structural maturation have now cast the Chinese financial industry in a new light and are setting the stage for greater competition in 2017.
In this Strategic Outlook, we break down major developments in 2016 segment by segment, place them in a broader context and explain what they will mean for global managers as they increase direct onshore participation in 2017.
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