Banking and Finance Laws

Investment channels widened for private capital

Safe issues seven measures to block hot money inflow.

Use of housing funds for property speculation is prohibited.

New regulations allow trading of private equity funds

Banks allowed to trade bonds on stock exchanges.

Revised Measures allow outward remittance of Rmb bond proceeds.

Over the past two years, China has issued numerous policies and programmes to internationalise the yuan. From the proposed Shanghai international bourse to the launch of the Mini-QFII scheme this year, it's clear that China's intent is to bring her currency to the centre of the world stage and align it with the country's growing influence in global trade and finance

PBOC raises interest rates.

Loans to purchase third property stopped.