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China's domination of global finance about to take a quantum leap

Allowing households to invest abroad would hit world markets like a tidal wave

| China
There are good political as well sensible economic reasons for China to proceed slowly.   © Sipa/AP

Rupa Subramanya is a researcher and commentator.

Is China quietly preparing to transform the market for global investment funds, just as it has remade global trade and manufacturing?

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