China is not the only emerging market taking to steps to bolster foreign investment. Vietnam, a frontier market, has been mulling proposals to increase foreign ownerships across various sectors, including financial services.

Russia, a BRIC member along with China, in July 2014 will make local shares available through Euroclear, according to Institutional Investor. That could increase the allure of local Russian shares over global depositary receipts listed in London. Additionally, Russian policymakers have been attempting to force state-run companies to increase the percentage of profits paid out in dividends in a bid to lure more foreign investors.

db X-trackers Harvest CSI 300 China A-Shares Fund

ETF Trends editorial team contributed to this article.