XFA Weekly Review 2018 Issue 15_Xinhua Finance Agency

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Issue		15
2018


	2018/04/08 - 2018/04/14

China plans to build Hainan into pilot free trade zone

Chinese President Xi Jinping announced Friday a decision to build the whole island of Hainan into a pilot free trade zone.

Central bank governor gives details, timetable on financial opening-up

China's central bank governor on Wednesday fleshed out measures and disclosed a timetable to further open up the financial sector.

	Hong Kong Monetary Authority defends HK dollar for 2nd time in two days

	On Friday, it bought 2.44 billion HK dollars (310.83 million U.S. dollars) from the market.


	Shanghai-London stock connect likely to introduce in 2018

		People’s Bank of China (PBOC) governor Yi Gang said the government will strive to introduce Shanghai-London stock connect in 2018.

China eyes wider opening up with QDII reform

China is taking another step in opening up the financial market with reform of the Qualified Domestic Institutional Investor (QDII) scheme.

Chinese firms launch most tech IPOs: report

Chinese tech firms topped the world in the number of initial public offerings (IPOs) in the second half (H2) of 2017, according to a private report.

Chinese direct investment in U.S. plunges in 2017 due to policy shifts

Chinese direct investment in the United States fell by more than 35 percent in 2017 due to policy shifts in both countries.

Xi says China will continue to support free trade

China will continue to support free trade, President Xi Jinping said Tuesday when meeting withIMF Managing Director Christine Lagarde.

CITIC Bank buys 18 pct stake in car-hailing firm Yidao

China CITIC Bank said its subsidiary has acquired an 18.18-percent stake in Yidao Yongche to get a slice of the booming car-hailing market.

Trump orders attacks against Syria with Britain, France

U.S. President Donald Trump on Friday said he has ordered precise strikes in cooperation with Britain and France against Syrian military facilities.

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