Reductions in barriers to global trade have not been accompanied by a widespread looseningof restrictions on international flows of capital, especially in China. This study shows thatChina has some of the most restric...Reductions in barriers to global trade have not been accompanied by a widespread looseningof restrictions on international flows of capital, especially in China. This study shows thatChina has some of the most restrictive controls and uses them effectively to bias flows ofcross-border capital heavily in favor of foreign direct investment (FDI) and limit flows ofportfolio and bank assets and liabilities, as well as reducing capital flow volatility. China isnow facing pressure to speed up its opening to all forms of cross border capital. But sinceChina is still struggling to strengthen its domestic financial structure, capital accountliberalization would expose it to considerable risks and potentially high costs.展开更多
Selected milestones in the development and use of electrical tomography in powder conveying, slurry processing and multi-phase flow are highlighted. The ability to map concentration in opaque mixtures under process-re...Selected milestones in the development and use of electrical tomography in powder conveying, slurry processing and multi-phase flow are highlighted. The ability to map concentration in opaque mixtures under process-realistic conditions was a major innovation for the method and has had far reaching implications. Subsequent developments have enabled velocity information to be abstracted resulting in the ability to measure component flux and motion.展开更多
文摘Reductions in barriers to global trade have not been accompanied by a widespread looseningof restrictions on international flows of capital, especially in China. This study shows thatChina has some of the most restrictive controls and uses them effectively to bias flows ofcross-border capital heavily in favor of foreign direct investment (FDI) and limit flows ofportfolio and bank assets and liabilities, as well as reducing capital flow volatility. China isnow facing pressure to speed up its opening to all forms of cross border capital. But sinceChina is still struggling to strengthen its domestic financial structure, capital accountliberalization would expose it to considerable risks and potentially high costs.
基金support of co-workers in the tomography groups at University of Leeds and the University of Manchester with funding to enable us to develop the frontiers of tomography provided by EPSRC (EP/D031257/1)
文摘Selected milestones in the development and use of electrical tomography in powder conveying, slurry processing and multi-phase flow are highlighted. The ability to map concentration in opaque mixtures under process-realistic conditions was a major innovation for the method and has had far reaching implications. Subsequent developments have enabled velocity information to be abstracted resulting in the ability to measure component flux and motion.
