China is studying the feasibility of allowing individual investors to buy overseas financial assets. Photo: Reuters
China mulls allowing investment in overseas stocks, insurance, says foreign exchange official
- China is studying the feasibility of allowing individual investors to buy overseas financial assets, according to an official from the foreign exchange regulator
- Individuals can spend up to US$50,000 per year on foreign currency purchases under current rules, but there are restrictions on buying overseas securities
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China is studying the feasibility of allowing individual investors to buy overseas financial assets. Photo: Reuters