Investment Updates News
- Govt. to broaden investment scope
Date: 18-Dec-2007 Sources: (Shenzhen Daily)
THE government would let domestic financial firms broaden their investments overseas, the China Securities Journal reported yesterday, quoting the nation's foreign-exchange regulator.
The government would support widening asset classes allowed for investments in order to help diversify risk, the newspaper quoted Sun Lujun, deputy director of the currency regulator's current-account department, as saying.
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