This study reviews the course of capital account liberalization in China, focusing mainly on the course of China's current account liberalization, the current status of the capital account, restrictions on the capital account, and its costs. Some preconditions of realizing capital account...

This paper reviews first the process of financial services liberalization, mainly focusing on China's financial services sector, foreign banks, and foreign insurance institutions. Some statistical materials and data are used to sum up characteristics of China's financial services. The effects of...