José Luis M. Campuzano (AEB) | The ECB itself admits that the exceptional monetary expansion measures have favoured a greater financial integration in the zone, although only in prices. On the contrary, a greater real integration of European financial markets remains pending.
SHANGHAI | By Qi Bing via Caixin | The smooth opening of the Hu-Gang Tong, the Shanghai-Hong Kong bourse linkage, marked the entrance of the Chinese capital market to a new era and was a major global event. It follows on progress China has made in opening up its markets after joining the World Trade Organization, and will hopefully greatly boost the country’s economic and social reforms in the years to come.