Shanghai free trade zone (SFTZ) has been a hot topic this year. What is all the excitement about? And is SFTZ really critical for China treasury?
China's central bank, the People's Bank of China (PBoC) has opened up cross-border two-way sweeping nationwide, and schemes from PBoC for CNY and from the State Administration for Foreign Exchange (SAFE) or FCY cover all but the largest treasury needs.
David Blair Managing Director