Financial Markets on the Mainland-HKMA Joseph Yam

Joseph Yam, chief executive of the Hong Kong Monetary Authority, in his weekly viewpoint column published on the HKMA website, says that financial markets in emerging markets need careful sequencing in reforms. Recent developments suggest that the Chinese Mainland authorities well understand this point, he says.

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It is encouraging to see the practical steps being taken over the years by the authorities on the Mainland of China in the development

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