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China's conflicting goals keep investors out

Alongside its expanding domestic capital markets are tightening capital controls

Published Tue, Feb 7, 2017 · 09:50 PM

    Hong Kong

    CHINA'S doors to foreign investors may be opening ever wider, but that's not enough for many worried about finding an exit.

    Fourteen months after qualifying for official reserve-currency status, and after a series of steps opening up domestic markets to overseas funds, the take-up remains below estimates. For all of China's attraction as the second-largest economy with large and expanding domestic capital markets, regulators' efforts to tamp down on outflows of money have stoked concerns.

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