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China embraces rising capital inflows as rivalry with US intensifies

Summary:
[unable to retrieve full-text content]Beijing is relishing its current role as a darling for global investors, despite rising tensions with Washington, as large inflows of portfolio and fixed-asset investment funds make their way into China.While the US Federal Reserve and central banks of other major economies are splashing out money to protect economic activities and jobs, China is seeing a steady flow of funds into its bonds, stocks and investment projects. This is allowing the People’s Bank of China to take a prudent monetary…

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[unable to retrieve full-text content]
Beijing is relishing its current role as a darling for global investors, despite rising tensions with Washington, as large inflows of portfolio and fixed-asset investment funds make their way into China.While the US Federal Reserve and central banks of other major economies are splashing out money to protect economic activities and jobs, China is seeing a steady flow of funds into its bonds, stocks and investment projects. This is allowing the People’s Bank of China to take a prudent monetary…

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