B-shares and China's monetary and banking systems

The removal of restrictions on the holding of B-shares should have a generally positive effect on the development of Mainland China's monetary and banking systems, says Joseph Yam, chief executive of the Hong Kong Monetary Authority, in his weekly viewpoint column on the HKMA website.

Readers are aware of the recent move by the Chinese Mainland authorities to remove the restrictions on local investors in participating in the B-share market. The likely effects of this change on the monetary and

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