{"id":7012,"date":"2006-04-13T19:41:41","date_gmt":"2006-04-14T02:41:41","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2006\/04\/13\/china-frees-up-overseas-investment-by-banks-funds-reuters\/"},"modified":"2006-04-13T19:41:41","modified_gmt":"2006-04-14T02:41:41","slug":"china-frees-up-overseas-investment-by-banks-funds-reuters","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2006\/04\/china-frees-up-overseas-investment-by-banks-funds-reuters\/","title":{"rendered":"China frees up overseas investment by banks, funds &#8211; Reuters"},"content":{"rendered":"<p>From Reuters (<a href=\"http:\/\/today.reuters.com\/business\/newsarticle.aspx?type=tnBusinessNews&#038;storyID=nSHA307465&#038;imageid=&#038;cap=\">link<\/a>)<\/p>\n<blockquote><p>China on Friday issued joint regulations that will open up the channels for Chinese institutional investors to invest abroad and relax controls on Chinese firms and individuals buying foreign exchange.<\/p>\n<p>The long-awaited moves to allow more outflows of foreign currency, which would decrease upward pressure on the yuan, come before a visit to the United States by Chinese President Hu Jintao later this month and follow China&#8217;s foreign reserves surpassing of Japan&#8217;s as the world&#8217;s largest.<\/p>\n<p>China&#8217;s end-February reserves stood at $853.6 billion, prompting calls by government researchers for China to rein in their rapid growth. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From Reuters (link) China on Friday issued joint regulations that will open up the channels for Chinese institutional investors to invest abroad and relax controls on Chinese firms and individuals buying foreign exchange. The long-awaited moves to allow more outflows of foreign currency, which would decrease upward pressure on the yuan, come before a visit [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[2983],"class_list":["post-7012","post","type-post","status-publish","format-standard","hentry","category-economy","tag-investment-outflow","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China frees up overseas investment by banks, funds - Reuters<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2006\/04\/china-frees-up-overseas-investment-by-banks-funds-reuters\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China frees up overseas investment by banks, funds - Reuters\" \/>\n<meta property=\"og:description\" content=\"From Reuters (link) China on Friday issued joint regulations that will open up the channels for Chinese institutional investors to invest abroad and relax controls on Chinese firms and individuals buying foreign exchange. 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