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HSBC chief shrugs off China growth worries

Elva Muk
HSBC group CEO Stuart Gulliver says concerns about China's shadow banking industry are overdone and reaffirms the bank's belief that the RMB will be fully convertible by 2017.
HSBC chief shrugs off China growth worries

HSBC’s group chief executive yesterday argued that concerns over China’s shadow banking sector were overdone, and reaffirmed the bank's view that the renminbi will be fully convertible within three years.

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