China curbs Wall Street's push into the country

09/15/2006 | MarketWatch · Wall Street Journal, The

China has shut down entry by foreign firms into its securities markets, at least temporarily as officials there attempt to fix the problems within its home sector first. "We clearly think that's a retrograde backwards step by the Chinese," said David Strongin, SIA's director of international finance. "Access now is minimal, so to even prohibit that is a step backwards."

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MarketWatch · Wall Street Journal, The

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