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China resumes interest rate liberalization

Sep. 2012

by Takeshi Jingu

In the first half of 2012, Chinese financial reform progressed faster than previously anticipated, with a proposed capital account liberalization timeline released in February, the renminbi's trading band widened in April for the first time in five years, and interest rate liberalization resuming in June after an eight-year hiatus.

*Organization names and job titles are current as of the publishing dates

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Author's Profile

Takeshi Jingu

Senior Researcher,
Financial Market & Innovation Research Department