PBoC issues docs to promote RMB cross-border business in Shanghai FTZ

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PBoC issues docs to promote RMB cross-border business in Shanghai FTZ

The People’s Bank of China (PBoC) Shanghai head office issued a notice last Thursday detailing how it intends to support the Shanghai Free Trade Zone (FTZ) to promote renminbi cross-border business, according to a version of the document obtained by Asiamoney, writes Carrie Hong.

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