The author is ANZ greater China chief economist Liu Li-Gang China expands a pilot program on foreign currency deposit rate from Shanghai’s Free Trade Zone (FTZ) to the whole Shanghai city, effective from June 27. Under the plan, Shanghai will first liberalize interest rates on small-sum foreign currency deposits from companies, and then expand to […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.