Saturday, January 31, 2015 3:42:59 PM
From Nov. 2014
Separately, in an interview with the Financial Times, Han Zheng, party secretary of Shanghai and a member of China’s 25-strong politburo, said the Chinese city’s much-vaunted free trade zone was planning to let qualified individuals open capital accounts “in a gradual and orderly manner”. As part of a trial, which could begin as early as next year, individual Chinese investors would be given greater freedom to move cash overseas and invest in physical assets such as real estate as well as stocks and bonds.
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