"China's Equity Market Opens Up to Global Investors, Sort of. The Chinese government has introduced a new financial tool, perpetual futures, which allows foreign investors to access the country's equity market in a way that bypasses traditional restrictions. While the move is seen as a significant step towards greater market liberalization, it's not a full-fledged opening of the doors to foreign investment. Perpetual futures, a type of derivative, enable investors to buy and sell contracts that are tied to China's stock market without actually owning shares, raising questions about the true extent of foreign access and the potential risks involved."
Perpetual futures let investors circumvent restrictions on foreign access to China’s equity market