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OPINION

Opinion: Pace of Financial Reform Key to Its Success

After rosy signals about China’s financial market opening earlier this year, President Xi Jinping’s speech at the Boao Forum for Asia Annual Conference ensured that promises to open up insurance and financial sectors would be implemented, with broader market access and the removal of restrictions on foreign firms. Later, the newly appointed governor of the People’s Bank of China, Yi Gang, announced a slew of detailed measures.

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