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Change is coming to China

By Sean Lee  || June 30, 2009 at 22:56 GMT
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Normally we expect to hear one announcement a year out of China on some small administrative change or other which has no impact on anything. It seems the winds of change are whipping the communist regime into a frenzy of change, with now two announcements in two days. Yesterday was the news that HK companies can start dealing with their counterparts in 5 Chinese cities in CNY, perhaps the next step in the internationalisation of the CNY. Today, the WSJ reports that Taiwan is opening its doors to investment from mainland Chinese companies. Money talks!

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