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FCA speaks on UK-China partnership

Ashley Alder has spoken of his optimism that financial cooperation between the UK and China is on the rise following the success of January’s UK-China Economic and Financial Dialogue. He highlighted the UK’s priorities and recent actions and noted that China is looking at how to mobilise retail investment to strengthen its pension system. One of the UK’s priorities is to unblock hurdles to Chinese investment in UK listed products, which is already working. Next, the UK looks forward to using the new MoU between the FCA and China’s National Financial Regulatory Administration.

Michael Lewis