China's central bank has given the nod on the QDII2 scheme to allow wealthy individuals to allocate overseas, and is further liberalising offshore investment via the Shanghai free trade zone.
Tag : free trade zone
The China Financial Futures Exchange will soon launch the mainland’s first index options and more government bond futures and options, and is mulling volatility products.
While seen as an important step, Friday's announcement of a free-trade zone in Shanghai lacks clarity, particularly around interest-rate liberalisation, agree industry participants.