And:

  • China & US to address conflicts in constructive way
  • China & US to push global economic growth in joint efforts

More:

  • Urges US to use trade remedy measures cautiously
  • China raises foreign stake ceiling in brokerages to 51%
  • To adopt same ownership standards for foreign banks
  • To remove foreign ownership limit in Chinese banks

Headlines via Bloomberg

That 51% limit applies to securities firms; futures brokers etc.

China is continuing with the financial sector liberalisation. it's a slow, measured process with the occasional big move, such as this. Plenty to come down the track.