Is the Chinese CSRC showing its teeth?

A collapsing stock market may not be everybody''s choice of recognition. But it could show China''s securities watchdog is doing a good job.

Thanks to the fillip provided by the 16th part congress, China has accelerated the pace of its capital markets reforms. Most notable are the Qualified Foreign Institutional Investors Scheme and regulations allowing foreign investors buy into previously off-limits state shares.

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