If China wants the west’s money to flow into its domestic A-shares market, it has to be prepared to let that money flow out again. That is the brutal but necessary and correct message that MSCI has delivered by delaying once more A-shares’ inclusion in its benchmark emerging markets index.
如果中國希望西方資金流入國內A股市場，就必須做好讓這些資金再次流出的準備。這正是MSCI明晟再次推遲將A股納入其基準新興市場指數所傳遞出的殘酷、但必要而正確的資訊。
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