Author: | Rowley, A. |
Title: | A case for caution |
Journal: | Banker
1994 : AUG, VOL. 144:822, p. 64-65 |
Index terms: | CHINA FOREIGN DEBTS FINANCE |
Language: | eng |
Abstract: | China's foreign debt is increasing rapidly and a major concern is the level of capital outflows. The Chinese government is "approaching its capital-formation needs in a logical and consistent manner" insists vice-chairman Randy Harris at Merrill Lynch International in Hongkong. This is a fairly common view among investment bankers reflecting China's diversification of funding sources across the international capital markets all over the world. |
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