Free Trial

China will need more overseas capital...>

CHINA PRESS
CHINA PRESS: China will need more overseas capital to underpin its economic
growth, said The Paper on Saturday citing Fang Xinghai, deputy director of the
China Securities Regulatory Commission. China's current account was barely in
equilibrium last year, which suggested the country's saving may be insufficient
to support investment, a phenomenon unseen since 1993, Fang was cited as saying
by the newspaper. China's investment growth therefore needs more foreign capital
as the aging society and changing consumption of the younger generation reduce
sayings, the newspaper said citing Fang.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.