China’s former central bank governor Zhou Xiaochuan has spoken in favour of letting pension funds invest overseas, a sign senior officials are considering such a move.
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China's central bank posted an article this week saying that Shenzhen Connect would launch this year, raising hopes among investors. But the document turned out to be some six months old.
CSRC chairman Xiao Gang and Hong Kong's Laura Cha say mutual recognition of funds is imminent, following yesterday's unveiling of the linking of the Shanghai and Hong Kong stock markets.
