BlackRock, Vanguard among funds giants flocking to China

BlackRock, Vanguard among funds giants flocking to China

FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo

Global asset managers are embracing China’s invitation to do more business in one of the world’s fastest-growing financial markets.