A freer flow
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Trivium Markets keeps you briefed on the latest developments in China markets policy.
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Onshore forex management just got a little bit easier.
In some places.
For some people.
On Friday, the central bank (PBoC) and the forex regulator (SAFE) announced the expansion of a foreign exchange cash-pooling pilot for multinational companies (MNCs).
Some context: The pilot, initially launched...