China has decided to open up its telecommunications, education and healthcare sectors to foreign investors after suffering a sharp drop in foreign direct investment (FDI). An executive session of the State Council, chaired by Chinese Premier Li Qiang, on Monday reviewed and approved four documents aimed at helping the country …
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US-China financial stress hotline a timely connection – Asia Times
The agreement between the US and China to name designated people to handle future “financial stress events” in the world’s two largest economies and beyond could not be better timed. This dialogue framework is the most notable outcome of last week’s meeting of the Financial Working Group created last year …