SHCH to launch FTZ bond market in May

China Shanghai sunset 230px
By Carrie Hong, Paolo Danese
28 Apr 2016

Shanghai Clearing House (SHCH) plans to launch a Shanghai Free Trade Zone (FTZ) offshore renminbi bond market in May, according to documents seen by GlobalRMB.

According to the introductory material from SHCH, the FTZ bond market will be seen as a “testing ground of simplified foreign trade supervision procedures and China’s financial reform” and will allow “free movement of cash/capital between the FTZ and the offshore RMB market”.

The three goals of the ...

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