China looks to offshore ETFs

China’s vast pool of domestic savings has so far been invested internally, but the launch of exchange-traded funds linked to international shares could be a sign that this is about to change. Justin Lee reports

Accessing China's rapidly expanding economy has been the ambition of international investors for over a decade - international banks in particular have made great efforts to persuade the authorities to allow them to set up shop in Shenzhen and Shanghai. But less attention has focused on how to get Chinese investors' cash into the international markets.

But news in February this year that China's securities regulator, the China Securities Regulatory Commission (CSRC), has started to review