A pilot project announced on Monday by the Chinese city of Wenzhou to allow its residents to make overseas investments could be a big step towards lifting capital account controls and making the Chinese currency more convertible. However, when something similar was tried once before it failed completely.
本周一,溫州市宣布了一個試點項目,允許本市居民進行境外直接投資。這或許是中國朝著取消資本賬戶管制和實現人民幣更自由兌換邁出的一大步。不過,中國過去曾進行過一次類似嘗試,結果徹底失敗。
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