Resumen de China's FTZ currency quotas under fire
The article reports that the People's Bank of China (PBOC) has announced that it would allow limited Renminbi (RMB) convertibility in free trade zones (FTZs) in Guangdong, Fujian and Tianjin. It mentions that companies registered in the FTZs are free from registration with the State Administration of Foreign Exchange (SAFE) when borrowing or investing. It presents the views of Ma Feng, partner at law firm King & Wood Mallesons, on the same
