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China will make it easier for overseas bond investors to transfer funds into and out of the country in the latest move to deepen the opening up of its financial markets.
Foreign institutional investors including central banks, investment banks, fund management companies and insurance companies will be able to repatriate a larger amount of funds into the currency of their original investment without restrictions, according to a draft rules released by the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) on Monday. The draft will be open for public feedback until . . .
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