The liberalisation of China’s capital market is progressing quickly, as the country’s lawmakers enact reforms to bring the domestic financial rulebook in line with international standards. The latest addition to this package of regulatory and legislative updates is the introduction of the Futures and Derivatives Law (FDL) at the start of August.
Regarded by many analysts as a game-changing moment for China’s capital market, the FDL is expected to reduce costs for investors while opening up Beijing’s securities markets to higher levels of foreign investment.
