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Goldman Sachs gets licence to sell funds in China

Goldman Sachs gets licence to sell funds in China

FILE PHOTO: FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly//File Photo

Goldman Sachs received regulatory approval to sell funds in China, the latest U.S. investment bank to get a financial licence in a sign of Beijing’s commitment to continue opening up the sector to foreign companies.