But we are confident that the renminbi will continue to appreciate, thanks to capital -
account liberalization.»
In China, the planned reforms are ambitious, but success is not assured, and capital
account liberalization in particular will be challenging to accomplish in the time frame announced.
China's central bank and economic policymakers understand that capital
account liberalization will be a powerful stimulus for reforming China's financial markets, which in turn, should strengthen China's economy.
Not exact matches
In the non-system of floating exchange rates not balancing cross external
accounts, this global trade
liberalization has opened vast opportunities for cost arbitrage at the expense of workers in higher cost developed countries.