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China's new plan for residents of.......>

CHINA PRESS
CHINA PRESS: China's new plan for residents of Hong Kong and Macau to buy wealth
management products sold by mainland Chinese banks located in nine Guangdong
provincial cities will improve the opening of China's capital account and
promote the free conversation of the RMB, the National Business Daily reported
citing analysts. The plan, called Wealth Management Connect, shows that the
cross-border use of the RMB is no longer limited to cross-border trade
settlement and corporate investment, but will expand to include investment by
individuals, the Daily's report said. 

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