China repeats opening up pledges in drive to lure investors to Shanghai

Chinese financial officials have made fresh promises to open up the financial sector and attract international investors to the country’s main financial centre.The pledges were made during the Shanghai Bund Summit, a two-day gathering of Chinese bankers and regulators, that offered the country’s leaders an opportunity to showcase their plans to the global financial community ahead of a key policy meeting in Beijing, where President Xi Jinping is expected to map out the country’s development…