Summary | Risk starts with limits on Chinese individuals
putting money into hard currencies abroad.Instead, they're
converting into dollars at banks at home, as allowed under
forex regulations.Banks are then taking those dollar deposits
and buying bonds, many of them sold by Chinese panies.The
numbers are smallish, but growing. ...
putting money into hard currencies abroad.Instead, they're
converting into dollars at banks at home, as allowed under
forex regulations.Banks are then taking those dollar deposits
and buying bonds, many of them sold by Chinese panies.The
numbers are smallish, but growing. ...
chinaeconomicreview.com | 28 April 2017