Foreign direct investment continues to flow into China at an extraordinary pace and this has been joined by rising levels of international portfolio equity investments, due in part to improvements in corporate governance in China, according to a new report issued today by the Institute of International Finance (IIF).
IIF Chairman, Dr. Josef Ackermann, Chairman of the Group Executive Committee of Deutsche Bank, told a press conference at the Spring Membership Meeting of the IIF that, "China is making important strides in corporate governance. Nevertheless, there are important additional actions that the Chinese authorities need to take in this area. We are encouraged that China is assigning high priority to corporate governance reform."
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