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China can accelerate the opening of the financial sector, according to a manager
BEIJING (Reuters) – China can accelerate the opening of its financial sector if the United States is not happy with the pace, as it will be beneficial for both countries, Fang Xinghai, vice-president of China, said on Saturday. Securities Regulatory Commission of China.
"If the US side complains about the opening too slow of its opening, we can accelerate it … We are fully convinced that it is good for both countries." good for China and good for the United States, "Fang told the annual China conference. Development Forum.
"In the securities industry, mutual fund management, no problem, we can be competitive."
Both countries worked to resolve a bitter trade dispute that shook the financial markets and disrupted global supply chains, bringing a blow to global growth.
The United States has accused China of limiting US market access, forcing companies to transfer technology and offering little protection for intellectual property rights.
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