China to take fresh steps to facilitate foreign bond investment

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

SHANGHAI : China announced fresh measures on Friday to facilitate foreign investment into the country's bond market, saying it would cut service fees, improve foreign access to forex hedging, and streamline the process of opening accounts. The China Foreign Exchange Trade System (CFETS) also said it will

SHANGHAI : China announced fresh measures on Friday to facilitate foreign investment into the country's bond market, saying it would cut service fees, improve foreign access to forex hedging, and streamline the process of opening accounts.

The China Foreign Exchange Trade System also said it will roll out a new business on Monday facilitating cross-border bond subscriptions. In addition, CFETS will make it easier for foreign investors to conduct forex hedging business in China, and will further extend trading hours in the onshore forex market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No thanks, not going to make a mistake again.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines