BEIJING—China’s central bank said it would ease the way for foreign investors to plow money into a highly touted free-trade zone in Shanghai and let Chinese residents use the zone as a base for investment overseas by loosening restrictions on investment flows that apply elsewhere in China.
In relaxing some controls, the People’s Bank of China also made clear that it won’t let the free-trade zone become a back door to circumventing long-standing financial-sector restrictions throughout China. A blueprint unveiled on…
The rest is here: China to Ease Rules for Trade Zone
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