PBOC’s Zhou: China preparing to further open its financial sector

Dhwani Mehta FXStreet

Bloomberg reporting headlines from PBOC Governor Zhou Xiaochuan’s speech, delivered at a gathering of Asian leaders Sunday during a panel talk at the Boao Forum for Asia.

Key Points:

China preparing to further open its financial sector - areas of potential liberalization include banking, insurance, investment banking, securities firms, and payment systems

"China would like to see that when we open wider in the financial sector, whether we can access some things. China is very interested to see that Chinese investors, especially private investors, should get better treatment overseas in other countries."

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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