Citi: Financial market set to match US size

The Chinese financial market size will match that of the United States in 2025, according to a Citigroup Inc report.

More than $3 trillion in foreign capital will enter the Chinese financial market, it said.

Liu Ligang, chief China economist of Citigroup, said in the report that China has been transforming its financial market. The focus is on developing the domestic financial market rather than opening up the capital account.