China Economists Urge Looser Capital Controls as Dollar Wobbles
Several prominent Chinese economists have called for loosening restrictions on the movement of money in and out of the country, arguing that a weaker dollar provides a historic opportunity to...
By John Liu, Yujing Liu, Qizi Sun · Bloomberg Markets
Several prominent Chinese economists have called for loosening restrictions on the movement of money in and out of the country, arguing that a weaker dollar provides a historic opportunity to boost the yuan’s global appeal by increasing its convertibility.