China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan (opens in new tab)
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see the moves reflecting Beijing’s push for a more “rules-based capital account opening” and greater yuan internationalisation amid the currency’s recent appreciation. These measures, unveiled on Wednesday at the annual financial gathering known as the Lujiazui Forum, include initiatives to boost offshore trading of yuan-denominated products and th...
Read the original article