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China's Financial System Reforms

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
Fourth, further restrictions on capital flows have been removed, in particular those relating to inbound FDI in manufacturing. ... In 2013, total FDI (i.e. the sum of inward and outward FDI) was worth approximately US$330 billion, or roughly 3.5 per cent
https://www.rba.gov.au/publications/rdp/2014/2014-10/chi-fin-sys-reforms.html

Comparing Financial Reform in Australia and China

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
However, Australia's capital account prior to 1983 was probably more open with respect to non-FDI inflows than China's is today (Figure 13). ... The greater integration of the modern global financial system, larger global capital markets and a
https://www.rba.gov.au/publications/rdp/2014/2014-10/com-fin-ref-aus-china.html

Introduction

31 Dec 2014 RDP 2014-10
Alexander Ballantyne, Jonathan Hambur, Ivan Roberts and Michelle Wright
Ishii and Habermeier (2002) propose that, to avoid instability, longer-term capital flows – particularly foreign direct investment (FDI) flows – should be liberalised before short-term flows.
https://www.rba.gov.au/publications/rdp/2014/2014-10/introduction.html