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Foreign fund firms must review cost, risks of China ‘channel business’

Foreign asset managers with China fund JVs must decide whether to continue backing shadow-banking business run by their mainland entities, given the rising cost and risk involved.
Foreign fund firms must review cost, risks of China ‘channel business’

International fund houses with Chinese joint ventures are having to consider whether to continue funding mainland ‘channel business’ or shift away from such activity, as a result of recently announced capital rules.

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