Full implementation may take a few years but, as CIPS gains strength, its use will spread outward...[and] the more it spreads, the greater the Chinese influence over such entities as the IMF.
Read More »Update: U.S. Currency Control Implementation Has Been Delayed Until Jan. 1, 2017! How Will It Affect You? (+7K Views)
Long the champion and beneficiary of free trade and the free flow of capital, the United States has enacted legislation that becomes effective on January 1, 2017 that a growing number of commentators and professionals believe could be the start of capital controls in America and have serious unintended consequences. Let me explain...... Words: 1252
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