Capital Market Liberalisation in China: Progress and Challenges

Jing Wan

East Asian Policy (EAP), 2017, vol. 09, issue 04, 92-100

Abstract: China’s capital market has continued to open up to the world despite disruptions. In the stock market, opening up involves the Shanghai-Hong Kong and the Shenzhen-Hong Kong Stock Connect schemes. In the exchange rate market, renminbi joined the International Monetary Fund’s Special Drawing Rights basket in 2015. In July 2017, China and Hong Kong launched the “Bond Connect” programme. In the near future the focus of capital account liberalisation is likely on the bonds market.

Date: 2017
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DOI: 10.1142/S1793930517000381

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