China gears up for grand opening

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China gears up for grand opening

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Business man rips open his shirt to show his Chinese flag t-shirt | ijdema - Fotolia

China unveiled a slew of measures to open up its financial markets this week, including providing a timeframe for removing caps on foreign ownership in the financial sector and bumping up daily trading quotas on Stock Connect. The reforms come as trade tensions between the Mainland and the US intensify, writes Noah Sin.

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