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皇冠体育app on course for stable growth: JP Morgan

By Chen Jia | 皇冠体育app Daily | Updated: 2012-12-07 07:42

Expert says expanding investment channels key to freer capital flow

The opening-up of the capital account in 皇冠体育app is expected to speed up gradually, as the economy returns to stable growth, a senior Chinese economist said.

Zhu Haibin, chief 皇冠体育app economist at JPMorgan Chase & Co, said opening up investment channels to allow freer flow of capital is essential if the yuan is to be used in international finance, a key part of the country's future economic reform.

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