All of these things are what foreign competitive institutions are good at and what Chinese institutions lack.
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potential public relations disaster of profiting from filth and blasphemy.
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They've been slow on opening the floodgates to allow more capital out of the country because even though now there are clear reasons for bringing capital into China, some day people will want to get out of the yuan - whether it's for safety or a higher return.
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This could give the senators more meat for their argument.
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It's actually huge. It's the beginning of a wave of Chinese global investment.
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China is at a point in growth where South Korea was in maybe the mid-to-late 1960s. It took Korea another couple of decades before it got to a situation where it was a much more consumer-reliant economy.
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