Foreigners to be given full China private market access

China has pledged to allow foreign fund managers greater access to its market as part of the government program to move further in opening up the economy. Amongst the pledges made by China during the seventh US-China Strategic and Economic Dialogue in Washington DC is that wholly foreign-owned enterprises (WFOE) will be able to invest in China’s domestic capital markets, as reported. This is in addition to being able to manufacture and market their private products to mainland ins…