BEIJING—While Chinese leaders are putting final touches on a plan to allow capital to flow more freely into and out of China, the International Monetary Fund has warned that such changes could lead to a massive exodus of money from the country if not handled properly.
Officials say they are looking to what’s known as capital-account liberalization as a way to give the Chinese more choice in financial investments and to use the market to route investment from abroad to promising projects in China.
Read Full Article HERE
Bob Davis and Lingling Wei, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/BF0ItC4QhA4/
No comments:
Post a Comment