Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism

//Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism

Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism

China on Tuesday accelerated the liberalisation of its capital markets, launching yet another stock connect scheme linking Shanghai and Tokyo stock exchanges and in the process took a swipe at the US for its trade protectionism.Under the China-Japan ETF Connectivity scheme, investors will be allowed to buy into exchange-traded funds to participate in the trading of stocks listed in their respective markets.“It is of great significance for China and Japan, the world’s second- and third-largest…

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By | 2019-06-25T04:53:11+00:00 June 25th, 2019|Business|Comments Off on Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism