Has fund management activities increased in China in the last decade?

Has fund management activities increased in China in the last decade?

Mutual funds in China have blossomed following the regulators' decision to again allow open-ended mutual funds in 2000, after a failed start in the 1990's. Fourteen companies now offer 51 PRC funds (closed- and open-ended). Mutual funds are expected to expand rapidly as insurance companies, pension funds, and individual investor funds flow into securities.

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