SILENCE IS GOLDEN FOR THE FOREIGN INVESTOR
Even veteran China traders have been shaken by the sharp fall in Beijing’s credit rating this summer. As for Chinese foreign trade and investment officials, they confess themselves appalled by the negative image that has suddenly emerged to dash Beijing’s hopes of a record foreign capital inflow for 1986.
The Chinese authorities have acted quickly to supress the publication of companies’ complaints. The arrest and expulsion of John Burns, the New York Times’ Beijing correspondent, has been read as a warning.
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