News + Events
RMB Funds in China (Updated June 2010)
June 1, 2010
Edward J. Epstein
Revised June 2010
Despite the global financial crisis, China remains one of the favorite investment destinations for global investors. According to China’s National Bureau of Statistics (NBS), China's economic growth (GDP) accelerated to 10.7 percent year on year in the fourth quarter of 2009, and China’s GDP continued to increase to 11.9 percent in the first quarter of 2010. Moreover, while the global market is suffering a lack of liquidity, China RMB investors are both liquid and hungry to make investments.
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