search query: @author Tao, Shigui / total: 20
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| Author: | Tao, Shigui |
| Title: | Effect of the new system of foreign trade and foreign exchange on foreign funded ventures and respective countermeasures (original in Chinese) |
| Journal: | Banks and Companies (c)
1994 : 4, p.20-21 |
| Index terms: | VENTURE CAPITAL COMPANIES EXCHANGE RATES CHINA |
| Language: | chi |
| Abstract: | New system of exchange rate is favorable to the implementation of "national treatment". It also solves the "double tracks exchange rate" which had long been perplexed foreign investors. But it will also results in the increase of the export cost in terms of foreign exchanges in foreign funded ventures. Adequate foreign exchanges can not be ensured for foreign funded venture's need. In the future, exchange rate should be made stable. Foreign exchange capital should be ensured to meet the needs of foreign funded ventures. Foreign exchanges invested by Chinese enterprises should be made available. |
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