The Wall Street Journal with the article:
The Journal is gated, but in brief:
- strategy labeled “unilateral opening” in China’s policy circles
- represents a tactical change for a leadership that has long favored quid-pro-quo economic and diplomatic deals
- China has already removed visa requirements for travelers from some two dozen countries including Australia, New Zealand, Denmark, Finland and South Korea—without requiring that the moves be immediately reciprocated
- Beijing is facing an uphill battle to make the strategy work
This article was written by Eamonn Sheridan at www.forexlive.com.
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