PBOC is set to announce new rules about the long-heralded liberalisation of the yuan's capital account in Shanghai's free trade zone in coming weeks. Photo: AP

Shanghai liberalises offshore yuan borrowing in free-trade zone

Rules for offshore yuan borrowing in Shanghai's new free-trade zone are set out by People's Bank of China, marking a key financial liberalisation

Topic |   Shanghai free-trade zone

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PBOC is set to announce new rules about the long-heralded liberalisation of the yuan's capital account in Shanghai's free trade zone in coming weeks. Photo: AP
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