China Business & EconomyChina Liberalizes Capital Account in Major Financial OpeningSavePrintA bank employee uses a money counting machine to count out 100 yuan notes at a bank in Shanghai on Aug. 8, 2018. Johannes Eisele/AFP/Getty ImagesChriss Street9/11/2019|Updated: 9/11/2019News AnalysisChina’s State Administration of Foreign Exchange’s (SAFE) cancellation of the $300 billion cap on foreign investors buying domestic assets is a major financial liberalization move.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentChriss StreetAuthorAuthor’s Selected ArticlesChina’s Official Food Reserves Data Called Into QuestionJul 31, 2020China Floods Causing US Agricultural Export BoomJul 27, 2020US Set to Reshore Manufacturing as China Demographic Time Bomb ExplodesMay 01, 2020CCP Virus Threatens to Destroy China’s $3.87 Trillion Belt and Road InitiativeApr 22, 2020Related TopicsChinaCapitalliberalization