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Aggregated China Business Blogs
Shanghai Liberalizes Interest Rates On Foreign Currency Deposits
Aggregated Source: China Money Network
The author is ANZ greater China chief economist Liu Li-Gang China expands a pilot program on foreign currency deposit rate from Shanghai's Free Trade Zone (FTZ) to the whole Shanghai city, effective from June 27. Under the plan, Shanghai will first liberalize interest rates on small-sum foreign currency deposits from companies, and then expand to […]

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