FastSaying

This is a landmark move for China, to partially open the door in its capital account. The significance of this, in my opinion, is perhaps greater than the exchange rate reform in July.

Dong Tao

AccountCapitalChinaDoorItsLandmarkMoveOpenPartiallySignificance

Related Quotes

I do not believe that 0.9 percent is sustainable, especially given the price liberalization in areas such as gasoline and utilities.
— Dong Tao
AreasBelieveEspecially
The month-on-month numbers are just totally useless unless the seasonal factor has been applied.
— Dong Tao
AppliedFactorMonth
The biggest beneficiary of all this is the United States. Look, a Barbie doll costs $20 but China only gets about 35 cents of that.
— Dong Tao
United states
This highlights a re-accelerating economy led by consumption and investment.
— Dong Tao
EconomyInvestment
These are unprecedented surplus volumes, reflecting the structural changes of China becoming the factory of the world.
— Dong Tao
World