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| Author: | Feng, Wei |
| Title: | Effect of inflow of foreign funds on China's balance of foreign exchange (original in Chinese) |
| Journal: | International Economics and Trade Research (c)
1995 : 5, p.24-28 |
| Index terms: | FOREIGN EXCHANGE FOREIGN INVESTMENT CHINA |
| Language: | chi |
| Abstract: | Inflow of overseas funds helps ease China's double lack of funds and foreign exchange, but as a result, the return of capital, interests and profits is disadvantageous to China's long-term balance of foreign exchange. Due to the formulation of China's new system of foreign exchange in 1994 and the current upgrading of China's utilization of overseas direct investment, inflow of foreign funds has brought about enormous changes in the content and the forms of expression of revenue and expenditure of trade, flow of capital, speculative short- term funds. So we have to make adjustment and improvement to curb the adverse effect. |
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