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Trade war will not derail China’s promise to open up its financial markets, central bank chief says
China is committed to opening up its financial services markets to foreign players irrespective of the trade war with the United States, the head of its central bank said on Sunday, countering claims it had suspended licence applications as a result of the dispute. The People’s Bank of China (PBOC) would “implement” agreed plans for the move, governor Yi Gang told reporters on the sidelines of a forum in Beijing, which was also attended by Chinese Vice-Premier Liu He. “Our road maps and timetables for financial opening are already very clear, and we will just implement them,” he said.Yi was speaking at an ... (full story)
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