For China, Covid-19 was a case of first in, first out. That has sparked a strong inflow of money into Chinese financial markets this year, with foreign investments in bond and equity markets rising 30% over the first nine months of 2020.
This has given regulators the confidence to push ahead with reforms designed to deepen participation in Chinese markets, even as regulators in other countries have been postponing implementation dates for new rules.
“I have been working with China market
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