Economist advocates limits on individual Chinese overseas investments

05/8/2013 | Caijing Magazine online

Overseas investments by individual Chinese should be limited to no more than US$150,000 or 50% of their portfolio, economist Li Daokui suggests. China's central bank said earlier this year that it was preparing a plan for individual overseas investment, something that could relieve upward pressure on the yuan. Li said he favors such a plan but cautioned that limits are needed in the early stages to protect investors.

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