HONG KONG -- China has issued a flurry of approvals for foreign financial companies looking to expand into the country as Beijing seeks to boost investor confidence after abruptly ending years of pandemic restrictions.
U.S. players account for majority of authorizations since last autumn

Shanghai's Pudong financial district: China is keen to revive its economy after three years of zero-COVID. (Nikkei montage/Reuters/AP)
HONG KONG -- China has issued a flurry of approvals for foreign financial companies looking to expand into the country as Beijing seeks to boost investor confidence after abruptly ending years of pandemic restrictions.