China: Foreign financial institutions step up investment in China.

Storyline Foreign financial institutions step up investment in China Foreign financial institutions are stepping up their investments in China as the country accelerates efforts to open its capital markets. For example, China Securities Regulatory Commission has recently ratified the status of a qualified foreign institutional investor license for Morgan Stanley Investment Management, the fourth such license that the commission has granted to the firm. China's securities market is also opening-up at a faster pace, with firms like Goldman Sachs becoming a wholly foreign-funded securities company in China. Ronald Wan, Committee member, Hong Kong Securities and Investment Institute: "From purchasing Chinese assets in the secondary market to intensively obtaining licenses and fully implementing business operations, foreign capital's layout in China has completed a profound transformation from short-term allocation to long-term foothold taking, demonstrating the global capital's full confidence in the dividends of China's financial opening up and its long-term development prospects." There are currently 107 futures and options varieties that qualified foreign investors can participate in. [Restrictions: No access Chinese mainland]