China tells Morgan Stanley it welcomes more US financial institutions, Xinhua reports
ReutersMay 28, 2025 12:47 PM
BEIJING, May 28 (Reuters) - China's Vice Premier He Lifeng told Morgan Stanley MS.N Co-President Daniel Simkowitz that Beijing welcomes more U.S. financial institutions and long-term capital to deepen cooperation, the official Xinhua news agency reported.
He said at a meeting in Beijing that U.S. financial institutions, including Morgan Stanley, are welcomed to actively participate in the development of China's capital market.
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