SCMP Economy13h agoBusinessChina
China Expands Yuan Loan Facilities, Launches New Trading Platform
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- China is increasing its yuan loan quota to 300 billion yuan and extending the facility's tenure to 2-3 years to meet international demand.
- A new electronic FIC trading platform developed by CFETS and HKEX is also set to launch.
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China is increasing its yuan loan quota to 300 billion yuan and extending the facility's tenure to 2-3 years to meet international demand. A new electronic FIC trading platform developed by CFETS and HKEX is also set to launch.
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This article was originally published by SCMP Economy.
