DALIAN -- China's decision to fully open up foreign ownership of financial firms in 2020, a year ahead of schedule, reflects Beijing's concerns toward the growing number of companies moving out of the country to escape the fallout of the U.S.-China trade war.
China will "become more open, transparent and predictable for foreign investment, and its business environment will further improve," Premier Li Keqiang said in his speech at the World Economic Forum meeting here, an event also known as "Summer Davos."
