China Announces ‘Crucial’ Economic Reforms – AFP

From AFP:

China announced a number of key economic reforms on Saturday after closing a high-level conference on improving the management of its increasingly complex financial sector.

The two-day, closed-door meeting of top policy-makers chaired by Premier Wen Jiabao "formulated plans crucial to the country's financial system over the coming few years," said the official Xinhua news agency.

Wen announced plans to speed up the growth of the bond market by expanding the size of corporate bonds, Xinhua said.[Full Text]

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