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China policy and markets round-up: Biden bans investment in more Chinese firms, central bank hikes FX reserve requirement, CSRC publishes whitelist for securities companies

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By Addison Gong
04 Jun 2021

In this round-up, US president Joe Biden signs an executive order that bans Americans from investing in Chinese companies allegedly operating in the defence or surveillance sectors, the People's Bank of China raises banks’ foreign exchange reserve requirement, and Beijing gives greater flexibility to securities companies on a ‘whitelist’.

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By Addison Gong
04 Jun 2021