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Wednesday, 4 December 2013

China to start rolling out Shanghai FTZ reforms in 3 months

China will begin rolling out financial liberalisation reforms in the Shanghai free trade zone (FTZ) within three months, the People’s Bank of China (PBOC) said in a statement on Wednesday.


The announcement came a day after the central bank provided additional detail on the policies it intends to trial in the Shanghai FTZ, launched in September, to help restructure the world’s second largest economy away from its credit-intensive, export-focused model.


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Liu Jianxin and Pete Sweeney, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/jPqUtzKl2aY/

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