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Investing from China to benefit the world--China Economic Net


 
A little recognized and probably unappreciated fact about China s remarkable reform and opening-up policy of the last 40-odd years, piloted ably by the Communist Party of China (CPC), is there is more to it than attracting foreign investments and technologies to stoke development in China, investors, economists and researchers said.
 
Reform and opening-up, including that in the financial services industry, are also about China growing in a spirit of win-win, to benefit the rest of the world as much as itself.
 
Perhaps no recent policy move illustrates this point more tellingly than the one that helped introduce pilots of the Qualified Domestic Limited Partner, or QDLP, program, market mavens said. ....

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Japanese Market Significantly Lower


Japanese Market Significantly Lower
TOKYO (dpa-AFX) - Japanese stock market is significantly lower on Monday, giving up all the gains of the previous session, with the Nikkei 225 falling below the 29,700 level, ignoring the broadly positive cues from Wall Street on Friday on strong US Jobs data. Investors continue to be spooked after Tokyo confirmed 518 fresh coronavirus cases on Sunday.
There are also reports that the Japanese government is potentially keeping the quasi-state of emergency covering Tokyo in place during the Summer Olympics as infections continue to accelerate after the recent slight respite.
The benchmark Nikkei 225 Index is down 170.50 points or 0.59 percent to 28,612.78, after hitting a low of 28,581.08 earlier. Japanese shares ended modestly higher on Friday. ....

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