While the existing schemes focus on one - way flows, the Stock Connect relaxes
restrictions on capital flows in both directions: northbound trading is open to all investors, and southbound trading to mainland institutional investors and individual investors with securities and cash balances of at least RMB 500,000.
In an effort to promote a more open economy and accelerate reforms, China established pilot Free Trade Zones (FTZs) that provide lower thresholds for setting up new companies, have fewer
restrictions on capital flows, and offer more market access to foreign investors.
Not exact matches
A new era kicked off
on December 31, 2015, for the 10 countries that are part of the Association of Southeast Asian Nations: The alliance launched the Asean Economic Community (AEC), a trade bloc aimed at creating a unified, cross-border market where labor, services and
capital can
flow without
restrictions.
As for the bar
on restrictions that hinder businesses, this effectively abolishes the right of governments to regulate
capital flows, including the speculative
flows which have wreaked so much havoc in the financial crisis that has gripped Asia and some other parts of the world.
Yet over-broad
restrictions on the practice of law can impair the growth of e-commerce by (1) prohibiting or increasing the costs of electronic provision of forms or other legal self - help computer programs, (2) restricting the ability of providers to experiment and develop new forms of Internet services touching
on legal matters that could benefit consumers directly, (3) stopping the
flow of investment
capital into start - ups in this field.