Hengqin, Nansha, and Qianhai look to incentivize offshore fund investment

Now that China has reopened after three years of strict COVID controls, smaller cities and less developed zones within the GBA, are stepping up action to ensure they make progress on one of Xi Jinping’s pet initiatives. Despite geopolitical tensions, policymakers still view foreign capital as vital to developing the mainland part of the GBA and, more broadly, to China’s overall economic and “green” development and efforts to move up the value chain…