China Is Opening Up Faster Than You Think, MSCI CEO Says

Indexer is studying whether to raise its global stock weight
‘If anything we see a speeding up’ of opening, Fernandez says

Commuters walk through the central business district in Beijing, China.
Photographer: Nelson Ching/Bloomberg

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By Rachel Evans and Rebecca Choong Wilkins

February 28, 2019 at 8:38 PM UTC

Updated on

February 28, 2019 at 9:15 PM UTC

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Hours before announcing whether it will lift China’s weight in global stock indexes, MSCI Inc.’s chief executive officer said the country’s progress toward transparency has quickened.

“China is opening up faster than most people believe or think,” Henry Fernandez said at a meeting with reporters and analysts in New York. “We do not see any regression of that. If anything, we see a speeding up.”