China unveiled new measures at the Lujiazui Forum to enhance investment channels and cross-border capital flows, signaling a push for a more rules-based capital account opening and greater yuan internationalization amid the currency’s recent appreciation. These initiatives aim to boost offshore trading of yuan-denominated products and expand existing investment schemes, meeting the demand from institutional and retail investors for increased access to overseas opportunities. By channeling capital movements through compliant pathways, authorities gain better oversight of outflows. Dai Lu, chief analyst at Guotai Junan Futures, emphasized that the liberalization efforts go beyond elevating the yuan’s global presence. The pilot trading…
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