China’s ‘great wall of capital’ set to benefit mutual funds

China’s clampdown on risky wealth management products and a push by global asset managers to sell funds in the country is set to channel about $6tn of capital into the mutual fund market over the next five years, according to a new report. A “great wall of capital” has formed in China as a result of a rapidly growing, wealthier and ageing population, although a lot of …

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