The Monetary Authority of Singapore (MAS) announced financial and capital markets initiatives to deepen financial cooperation with China. The initiatives were announced at the 21st Joint Council for Bilateral Cooperation (JCBC) meeting in Chongqing, China, which was “co-chaired by Singapore Deputy Prime Minister and Minister of Trade and Industry, Mr Gan Kim Yong, and People’s Republic of China Vice Premier of the State Council, Mr Ding Xuexiang.”The initiatives include:Appointment of DBS Bank as Singapore’ ...