China grapples with balance of financial reform and risk

Yi Gang

China is taking steps to open up its financial markets and transform them from a basic foundation into something more sophisticated, but the process of liberalisation is complicated by fears of creating instability, and a lingering mindset that the economy must be controlled.

The inaugural IFF China Report 2015, produced by the International Finance Forum in conjunction with Central Banking and published today, lays out how policy-makers are looking to enhance the current "inefficient and closed

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