China's greatest risk is not opening up the market to foreigners, government researcher says

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Greater presence of foreign institutions in the domestic financial market is expected to help the local industry adhere better to international standards.

The so-called reform and opening up will also likely draw more capital into China, while it's less clear how easily funds can leave the country.GDP figures showed third quarter growth of 6%The four economists at Thursday's event generally agreed that China's economy could grow at a pace of about 6% next year.

However, they emphasized how next year would not likely be worse than 2019, especially if the uncertainty of trade tensions is removed. They also did not predict significant changes in government policy.

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How will the business investment turn out in 2019?

Lesson one: Never trust the deals that Chinese goverment signed. And please let them make real statements in the official media of China.作为一个国人,在经济大滑坡的同时,官方告诉我们形势一片大好,2020全部国人脱贫😅😅

Nothing is getting signed even now! The commies have fooled trump bigly!

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Source: Reuters - 🏆 2. / 97 Read more »