Central Banking

Yi Gang unveils timetable for opening up measures

No plans to depreciate renminbi amid trade spat, PBoC governor says

Yi Gang
People’s Bank of China governor Yi Gang
Photo: World Economic Forum

People’s Bank of China governor Yi Gang has unveiled fresh details on plans to open up the financial sector, including the aim of launching the long-awaited Shanghai-London stock connect “this year”.

“Thanks to joint efforts by China and the UK, preparatory work for the Shanghai-London stock connect is proceeding as desired. We are aiming for launching the Shanghai-London connect this year,” the central bank chief told a discussion session at the Boao Forum for Asia today (April 11), echoing

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