China in Global Capital Markets
نویسندگان
چکیده
The article is analyzing the positions of China in global capital markets, and factors that determine them. It shows trends features attracting foreign direct investment China, exporting Chinese abroad, portfolio investments to China. aspects Belt Road Initiative role Hong Kong as an international financial center are also considered. evolution currency market regulation dynamics Yuan exchange rate, well internationalizing its use cross-border operations discussed. authors believe prospects for strengthening China’s position markets will be determined by a number circumstances, including world economy, growth rate consistent liberalization conditions movement maintaining higher rates economy context recession coronavirus pandemic, ongoing domestic suggest remain attractive investors. export abroad largely country’s trade, national restrictions on capital, implementing leading economic partners, primarily United States, towards investment. At same time, increased geopolitical country risks affect geographical structure direction enhancing cooperation with Asian countries participants Project. In aggravated relations make efforts reduce dependence US dollar settlements. Further steps taken internationalize achieve increase RMB payments. lifting PRC predetermined ensuring macroeconomic stability, system, low inflation, affordable credit, stable balance payments, sufficient reserves. real entry into world’s leaders, both commodity requires creation own technological base, transition new energy-saving, environmental-friendly based knowledge technologies, balancing development levels regions, increasing average per capita income people.
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ژورنال
عنوان ژورنال: World Economy and International Relations
سال: 2021
ISSN: ['0131-2227']
DOI: https://doi.org/10.20542/0131-2227-2021-65-8-81-89