India needs follow China’s relaxing leadership – opinion

15 Jan 2013

China is en route to fully liberalising its capital account, making domestic markets more business-friendly for corporates. Perhaps it’s time India starts doing the same before the country loses its competitive edge.

Trying to navigate through regulatory changes in jurisdictions where restrictions are abundant is a headache for treasurers of foreign companies but at least it indicates that these countries are making an effort.

China is one of the more prominent examples of a constantly-changing regulatory framework. The world’s second ...

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