China has given hedge funds permission to tap its wealthy citizens inside the country for funds to invest overseas, according to the people in the industry. The move represents another important step by china to open its capital account, a process that would involve dismantling regulation, separating china from International markets. This would create a channel for domestic capital to flow abroad, it would give chinese institutions access to alternative investment strategies. Do you India could also do something like this? What's your take on this?
China's open door to hedge funds, ranks among its boldest reforms
- Thread starter Bharatiya
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