China Restricts Trade Data on Overseas Fund Flows

The release of real-time data on foreign funds buying Chinese stocks has been restricted by Beijing, with the Shanghai and Shenzhen stock exchanges no longer providing this information. Instead, data on overseas funds flowing into China will be released quarterly by the central bank. The new regulation from the ruling Communist Party of China states that total transaction amounts and numbers will only be announced after the market closes each day. Restrictions on real-time trading data for the Shanghai and Shenzhen stock markets have cut off information on the flow of foreign funds investing in China’s A-shares through Hong Kong. Foreign direct investment in China has seen a significant decline, with experts warning of a negative impact on investors’ confidence. The Chinese regime’s control over releasing economic information has tightened, raising concerns about market transparency. Despite contradictory moves, Beijing continues to emphasize the importance of global trade. However, experts point out the challenges of balancing socialism and a market economy in China’s economic policies. Please rewrite the sentence for me.

Source link