id	sid	tid	token	lemma	pos
cjal-3228	1	1	controlling	control	VERB
cjal-3228	1	2	for	for	ADP
cjal-3228	1	3	risk	risk	NOUN
cjal-3228	1	4	:	:	PUNCT
cjal-3228	1	5	an	an	DET
cjal-3228	1	6	analysis	analysis	NOUN
cjal-3228	1	7	of	of	ADP
cjal-3228	1	8	china	china	PROPN
cjal-3228	1	9	's	's	PART
cjal-3228	1	10	system	system	NOUN
cjal-3228	1	11	of	of	ADP
cjal-3228	1	12	foreign	foreign	ADJ
cjal-3228	1	13	exchange	exchange	NOUN
cjal-3228	1	14	and	and	CCONJ
cjal-3228	1	15	exchange	exchange	NOUN
cjal-3228	1	16	rate	rate	NOUN
cjal-3228	1	17	management	management	NOUN
cjal-3228	1	18	controlling	control	VERB
cjal-3228	1	19	for	for	ADP
cjal-3228	1	20	risk	risk	NOUN
cjal-3228	1	21	:	:	PUNCT
cjal-3228	1	22	an	an	DET
cjal-3228	1	23	analysis	analysis	NOUN
cjal-3228	1	24	of	of	ADP
cjal-3228	1	25	china	china	PROPN
cjal-3228	1	26	's	's	PART
cjal-3228	1	27	system	system	NOUN
cjal-3228	1	28	of	of	ADP
cjal-3228	1	29	foreign	foreign	ADJ
cjal-3228	1	30	exchange	exchange	NOUN
cjal-3228	1	31	and	and	CCONJ
cjal-3228	1	32	exchange	exchange	NOUN
cjal-3228	1	33	rate	rate	NOUN
cjal-3228	1	34	management	management	PROPN
cjal-3228	1	35	thomas	thomas	PROPN
cjal-3228	1	36	hall	hall	PROPN
cjal-3228	1	37	*	*	PROPN
cjal-3228	1	38	1	1	X
cjal-3228	1	39	.	.	PUNCT
cjal-3228	1	40	introduction	introduction	NOUN
cjal-3228	1	41	-----------------------------434	-----------------------------434	PROPN
cjal-3228	1	42	ii	ii	PROPN
cjal-3228	1	43	.	.	PUNCT
cjal-3228	2	1	modern	modern	ADJ
cjal-3228	2	2	history	history	NOUN
cjal-3228	2	3	of	of	ADP
cjal-3228	2	4	china	china	PROPN
cjal-3228	2	5	's	's	PART
cjal-3228	2	6	foreign	foreign	ADJ
cjal-3228	2	7	exchange	exchange	NOUN
cjal-3228	2	8	system	system	NOUN
cjal-3228	2	9	-------------------------436	-------------------------436	NOUN
cjal-3228	2	10	a.	a.	NOUN
cjal-3228	2	11	pre1949	pre1949	PROPN
cjal-3228	2	12	:	:	PUNCT
cjal-3228	2	13	instability	instability	NOUN
cjal-3228	2	14	and	and	CCONJ
cjal-3228	2	15	foreign	foreign	ADJ
cjal-3228	2	16	domination	domination	NOUN
cjal-3228	2	17	---436	---436	PROPN
cjal-3228	2	18	b.	b.	PROPN
cjal-3228	2	19	1949	1949	NUM
cjal-3228	2	20	-	-	SYM
cjal-3228	2	21	1979	1979	NUM
cjal-3228	2	22	:	:	PUNCT
cjal-3228	2	23	centralization	centralization	NOUN
cjal-3228	2	24	and	and	CCONJ
cjal-3228	2	25	autarky	autarky	PROPN
cjal-3228	2	26	--------437	--------437	PROPN
cjal-3228	2	27	c.	c.	PROPN
cjal-3228	2	28	1979	1979	NUM
cjal-3228	2	29	-	-	SYM
cjal-3228	2	30	1993	1993	NUM
cjal-3228	2	31	:	:	PUNCT
cjal-3228	3	1	decentralization	decentralization	NOUN
cjal-3228	3	2	and	and	CCONJ
cjal-3228	3	3	managed	manage	VERB
cjal-3228	3	4	market	market	NOUN
cjal-3228	3	5	forces	force	NOUN
cjal-3228	3	6	----------------------------------------438	----------------------------------------438	PROPN
cjal-3228	3	7	d.	d.	PROPN
cjal-3228	3	8	1994	1994	NUM
cjal-3228	3	9	-	-	SYM
cjal-3228	3	10	1996	1996	NUM
cjal-3228	3	11	:	:	PUNCT
cjal-3228	3	12	consolidation	consolidation	NOUN
cjal-3228	3	13	and	and	CCONJ
cjal-3228	3	14	liberalization	liberalization	NOUN
cjal-3228	3	15	--443	--443	PROPN
cjal-3228	3	16	e.	e.	PROPN
cjal-3228	3	17	1997	1997	NUM
cjal-3228	3	18	present	present	NOUN
cjal-3228	3	19	:	:	PUNCT
cjal-3228	3	20	stability	stability	NOUN
cjal-3228	3	21	in	in	ADP
cjal-3228	3	22	the	the	DET
cjal-3228	3	23	face	face	NOUN
cjal-3228	3	24	of	of	ADP
cjal-3228	3	25	external	external	ADJ
cjal-3228	3	26	pressures	pressure	NOUN
cjal-3228	3	27	-------------------------------------448	-------------------------------------448	X
cjal-3228	3	28	iii	iii	X
cjal-3228	3	29	.	.	PUNCT
cjal-3228	4	1	institutional	institutional	ADJ
cjal-3228	4	2	and	and	CCONJ
cjal-3228	4	3	legal	legal	ADJ
cjal-3228	4	4	framework	framework	NOUN
cjal-3228	4	5	of	of	ADP
cjal-3228	4	6	china	china	PROPN
cjal-3228	4	7	's	's	PART
cjal-3228	4	8	foreign	foreign	ADJ
cjal-3228	4	9	exchange	exchange	NOUN
cjal-3228	4	10	system	system	NOUN
cjal-3228	4	11	--------452	--------452	NOUN
cjal-3228	4	12	a.	a.	NOUN
cjal-3228	4	13	the	the	DET
cjal-3228	4	14	institutional	institutional	ADJ
cjal-3228	4	15	framework	framework	NOUN
cjal-3228	4	16	------------------452	------------------452	VERB
cjal-3228	4	17	1	1	NUM
cjal-3228	4	18	.	.	PUNCT
cjal-3228	5	1	policymaking	policymake	VERB
cjal-3228	5	2	--------------------------453	--------------------------453	NOUN
cjal-3228	5	3	2	2	NUM
cjal-3228	5	4	.	.	PUNCT
cjal-3228	5	5	lawmaking	lawmake	VERB
cjal-3228	5	6	----------------------------454	----------------------------454	NOUN
cjal-3228	5	7	3	3	NUM
cjal-3228	5	8	.	.	PUNCT
cjal-3228	5	9	implementation	implementation	NOUN
cjal-3228	5	10	of	of	ADP
cjal-3228	5	11	laws	law	NOUN
cjal-3228	5	12	-------------------454	-------------------454	PROPN
cjal-3228	5	13	b.	b.	PROPN
cjal-3228	6	1	the	the	DET
cjal-3228	6	2	legal	legal	ADJ
cjal-3228	6	3	framework	framework	NOUN
cjal-3228	6	4	--------------------------456	--------------------------456	NOUN
cjal-3228	6	5	iv	iv	X
cjal-3228	6	6	.	.	PUNCT
cjal-3228	6	7	regulation	regulation	NOUN
cjal-3228	6	8	of	of	ADP
cjal-3228	6	9	the	the	DET
cjal-3228	6	10	supply	supply	NOUN
cjal-3228	6	11	and	and	CCONJ
cjal-3228	6	12	demand	demand	NOUN
cjal-3228	6	13	of	of	ADP
cjal-3228	6	14	foreign	foreign	ADJ
cjal-3228	6	15	currency	currency	NOUN
cjal-3228	6	16	------------------------458	------------------------458	PROPN
cjal-3228	6	17	a.	a.	PROPN
cjal-3228	6	18	current	current	PROPN
cjal-3228	6	19	account	account	NOUN
cjal-3228	6	20	vs.	vs.	ADP
cjal-3228	6	21	capital	capital	NOUN
cjal-3228	6	22	account	account	NOUN
cjal-3228	6	23	transactions	transaction	NOUN
cjal-3228	6	24	..	..	PUNCT
cjal-3228	6	25	.	.	PUNCT
cjal-3228	6	26	.	.	PUNCT
cjal-3228	6	27	.	.	PUNCT
cjal-3228	7	1	..	..	PUNCT
cjal-3228	7	2	.	.	PUNCT
cjal-3228	7	3	.	.	PUNCT
cjal-3228	7	4	.	.	PUNCT
cjal-3228	8	1	.	.	PUNCT
cjal-3228	9	1	..	..	PUNCT
cjal-3228	9	2	.	.	PUNCT
cjal-3228	9	3	.	.	PUNCT
cjal-3228	10	1	..	..	PUNCT
cjal-3228	10	2	-----------------------------------------------458	-----------------------------------------------458	PROPN
cjal-3228	10	3	b.	b.	PROPN
cjal-3228	10	4	regulation	regulation	NOUN
cjal-3228	10	5	of	of	ADP
cjal-3228	10	6	current	current	ADJ
cjal-3228	10	7	account	account	NOUN
cjal-3228	10	8	transactions	transaction	NOUN
cjal-3228	10	9	--461	--461	PROPN
cjal-3228	10	10	c.	c.	PROPN
cjal-3228	10	11	regulation	regulation	NOUN
cjal-3228	10	12	of	of	ADP
cjal-3228	10	13	capital	capital	NOUN
cjal-3228	10	14	account	account	NOUN
cjal-3228	10	15	transactions	transaction	NOUN
cjal-3228	10	16	---464	---464	PUNCT
cjal-3228	10	17	v.	v.	ADP
cjal-3228	10	18	exchange	exchange	NOUN
cjal-3228	10	19	rate	rate	NOUN
cjal-3228	10	20	controls	control	VERB
cjal-3228	10	21	-----------------471	-----------------471	ADJ
cjal-3228	10	22	a.	a.	NOUN
cjal-3228	10	23	the	the	DET
cjal-3228	10	24	pegged	peg	VERB
cjal-3228	10	25	exchange	exchange	NOUN
cjal-3228	10	26	rate	rate	PROPN
cjal-3228	10	27	---------------------471	---------------------471	PROPN
cjal-3228	10	28	columbia	columbia	PROPN
cjal-3228	10	29	law	law	PROPN
cjal-3228	10	30	school	school	PROPN
cjal-3228	10	31	,	,	PUNCT
cjal-3228	10	32	j.d	j.d	PROPN
cjal-3228	10	33	.	.	PROPN
cjal-3228	10	34	expected	expect	VERB
cjal-3228	10	35	2004	2004	NUM
cjal-3228	10	36	.	.	PUNCT
cjal-3228	11	1	the	the	DET
cjal-3228	11	2	author	author	NOUN
cjal-3228	11	3	would	would	AUX
cjal-3228	11	4	like	like	VERB
cjal-3228	11	5	to	to	PART
cjal-3228	11	6	thank	thank	VERB
cjal-3228	11	7	professor	professor	PROPN
cjal-3228	11	8	ben	ben	PROPN
cjal-3228	11	9	liebman	liebman	PROPN
cjal-3228	11	10	for	for	ADP
cjal-3228	11	11	his	his	PRON
cjal-3228	11	12	helpful	helpful	ADJ
cjal-3228	11	13	comments	comment	NOUN
cjal-3228	11	14	on	on	ADP
cjal-3228	11	15	earlier	early	ADJ
cjal-3228	11	16	drafts	draft	NOUN
cjal-3228	11	17	.	.	PUNCT
cjal-3228	12	1	columbia	columbia	PROPN
cjal-3228	12	2	journal	journal	PROPN
cjal-3228	12	3	of	of	ADP
cjal-3228	12	4	asianlaw	asianlaw	PROPN
cjal-3228	12	5	b.	b.	PROPN
cjal-3228	12	6	regulation	regulation	NOUN
cjal-3228	12	7	of	of	ADP
cjal-3228	12	8	foreign	foreign	ADJ
cjal-3228	12	9	exchange	exchange	NOUN
cjal-3228	12	10	trading	trading	PROPN
cjal-3228	12	11	-------474	-------474	PROPN
cjal-3228	12	12	c.	c.	PROPN
cjal-3228	12	13	central	central	PROPN
cjal-3228	12	14	bank	bank	PROPN
cjal-3228	12	15	intervention	intervention	NOUN
cjal-3228	12	16	--------------------476	--------------------476	PRON
cjal-3228	12	17	vi	vi	PROPN
cjal-3228	12	18	.	.	PUNCT
cjal-3228	13	1	the	the	DET
cjal-3228	13	2	future	future	NOUN
cjal-3228	13	3	of	of	ADP
cjal-3228	13	4	china	china	PROPN
cjal-3228	13	5	's	's	PART
cjal-3228	13	6	foreign	foreign	ADJ
cjal-3228	13	7	exchange	exchange	NOUN
cjal-3228	13	8	regime	regime	NOUN
cjal-3228	13	9	-----------------------------------477	-----------------------------------477	PROPN
cjal-3228	13	10	i.	i.	PROPN
cjal-3228	13	11	introduction	introduction	NOUN
cjal-3228	13	12	after	after	ADP
cjal-3228	13	13	more	more	ADJ
cjal-3228	13	14	than	than	ADP
cjal-3228	13	15	twenty	twenty	NUM
cjal-3228	13	16	years	year	NOUN
cjal-3228	13	17	of	of	ADP
cjal-3228	13	18	rapid	rapid	ADJ
cjal-3228	13	19	development	development	NOUN
cjal-3228	13	20	of	of	ADP
cjal-3228	13	21	china	china	PROPN
cjal-3228	13	22	's	's	PART
cjal-3228	13	23	economy	economy	NOUN
cjal-3228	13	24	and	and	CCONJ
cjal-3228	13	25	foreign	foreign	ADJ
cjal-3228	13	26	trade	trade	NOUN
cjal-3228	13	27	sector	sector	NOUN
cjal-3228	13	28	,	,	PUNCT
cjal-3228	13	29	both	both	CCONJ
cjal-3228	13	30	china	china	PROPN
cjal-3228	13	31	itself	itself	PRON
cjal-3228	13	32	and	and	CCONJ
cjal-3228	13	33	the	the	DET
cjal-3228	13	34	rest	rest	NOUN
cjal-3228	13	35	of	of	ADP
cjal-3228	13	36	the	the	DET
cjal-3228	13	37	world	world	NOUN
cjal-3228	13	38	are	be	AUX
cjal-3228	13	39	for	for	ADP
cjal-3228	13	40	the	the	DET
cjal-3228	13	41	first	first	ADJ
cjal-3228	13	42	time	time	NOUN
cjal-3228	13	43	coming	come	VERB
cjal-3228	13	44	to	to	ADP
cjal-3228	13	45	grips	grip	NOUN
cjal-3228	13	46	with	with	ADP
cjal-3228	13	47	the	the	DET
cjal-3228	13	48	reality	reality	NOUN
cjal-3228	13	49	that	that	SCONJ
cjal-3228	13	50	china	china	PROPN
cjal-3228	13	51	's	's	PART
cjal-3228	13	52	economic	economic	ADJ
cjal-3228	13	53	policy	policy	NOUN
cjal-3228	13	54	choices	choice	NOUN
cjal-3228	13	55	now	now	ADV
cjal-3228	13	56	have	have	AUX
cjal-3228	13	57	global	global	ADJ
cjal-3228	13	58	repercussions	repercussion	NOUN
cjal-3228	13	59	.	.	PUNCT
cjal-3228	14	1	as	as	SCONJ
cjal-3228	14	2	the	the	DET
cjal-3228	14	3	international	international	ADJ
cjal-3228	14	4	consciousness	consciousness	NOUN
cjal-3228	14	5	of	of	ADP
cjal-3228	14	6	china	china	PROPN
cjal-3228	14	7	's	's	PART
cjal-3228	14	8	influence	influence	NOUN
cjal-3228	14	9	grows	grow	VERB
cjal-3228	14	10	,	,	PUNCT
cjal-3228	14	11	china	china	PROPN
cjal-3228	14	12	's	's	PART
cjal-3228	14	13	economic	economic	ADJ
cjal-3228	14	14	policies	policy	NOUN
cjal-3228	14	15	have	have	AUX
cjal-3228	14	16	naturally	naturally	ADV
cjal-3228	14	17	come	come	VERB
cjal-3228	14	18	under	under	ADP
cjal-3228	14	19	increasing	increase	VERB
cjal-3228	14	20	criticism	criticism	NOUN
cjal-3228	14	21	from	from	ADP
cjal-3228	14	22	countries	country	NOUN
cjal-3228	14	23	that	that	PRON
cjal-3228	14	24	feel	feel	VERB
cjal-3228	14	25	they	they	PRON
cjal-3228	14	26	are	be	AUX
cjal-3228	14	27	being	be	AUX
cjal-3228	14	28	affected	affect	VERB
cjal-3228	14	29	negatively	negatively	ADV
cjal-3228	14	30	by	by	ADP
cjal-3228	14	31	those	those	DET
cjal-3228	14	32	policies	policy	NOUN
cjal-3228	14	33	.	.	PUNCT
cjal-3228	15	1	this	this	DET
cjal-3228	15	2	phenomenon	phenomenon	NOUN
cjal-3228	15	3	can	can	AUX
cjal-3228	15	4	be	be	AUX
cjal-3228	15	5	seen	see	VERB
cjal-3228	15	6	in	in	ADP
cjal-3228	15	7	the	the	DET
cjal-3228	15	8	recent	recent	ADJ
cjal-3228	15	9	controversy	controversy	NOUN
cjal-3228	15	10	surrounding	surround	VERB
cjal-3228	15	11	china	china	PROPN
cjal-3228	15	12	's	's	PART
cjal-3228	15	13	foreign	foreign	ADJ
cjal-3228	15	14	exchange	exchange	NOUN
cjal-3228	15	15	regime	regime	NOUN
cjal-3228	15	16	and	and	CCONJ
cjal-3228	15	17	pegged	peg	VERB
cjal-3228	15	18	exchange	exchange	NOUN
cjal-3228	15	19	rate	rate	NOUN
cjal-3228	15	20	system	system	NOUN
cjal-3228	15	21	.	.	PUNCT
cjal-3228	16	1	calls	call	NOUN
cjal-3228	16	2	on	on	ADP
cjal-3228	16	3	china	china	PROPN
cjal-3228	16	4	to	to	PART
cjal-3228	16	5	revalue	revalue	VERB
cjal-3228	16	6	or	or	CCONJ
cjal-3228	16	7	float	float	VERB
cjal-3228	16	8	its	its	PRON
cjal-3228	16	9	currency	currency	NOUN
cjal-3228	16	10	coming	come	VERB
cjal-3228	16	11	primarily	primarily	ADV
cjal-3228	16	12	from	from	ADP
cjal-3228	16	13	japan	japan	PROPN
cjal-3228	16	14	and	and	CCONJ
cjal-3228	16	15	the	the	DET
cjal-3228	16	16	united	united	PROPN
cjal-3228	16	17	states	states	PROPN
cjal-3228	16	18	have	have	AUX
cjal-3228	16	19	been	be	AUX
cjal-3228	16	20	intensifying	intensify	VERB
cjal-3228	16	21	since	since	SCONJ
cjal-3228	16	22	late	late	ADJ
cjal-3228	16	23	2002	2002	NUM
cjal-3228	16	24	.	.	PUNCT
cjal-3228	16	25	'	'	PUNCT
cjal-3228	17	1	the	the	DET
cjal-3228	17	2	accumulating	accumulate	VERB
cjal-3228	17	3	international	international	ADJ
cjal-3228	17	4	political	political	ADJ
cjal-3228	17	5	pressure	pressure	NOUN
cjal-3228	17	6	for	for	SCONJ
cjal-3228	17	7	china	china	PROPN
cjal-3228	17	8	to	to	PART
cjal-3228	17	9	adjust	adjust	VERB
cjal-3228	17	10	its	its	PRON
cjal-3228	17	11	exchange	exchange	NOUN
cjal-3228	17	12	rate	rate	NOUN
cjal-3228	17	13	policy	policy	NOUN
cjal-3228	17	14	has	have	AUX
cjal-3228	17	15	sparked	spark	VERB
cjal-3228	17	16	intense	intense	ADJ
cjal-3228	17	17	debate	debate	NOUN
cjal-3228	17	18	among	among	ADP
cjal-3228	17	19	economic	economic	ADJ
cjal-3228	17	20	and	and	CCONJ
cjal-3228	17	21	political	political	ADJ
cjal-3228	17	22	analysts	analyst	NOUN
cjal-3228	17	23	concerning	concern	VERB
cjal-3228	17	24	the	the	DET
cjal-3228	17	25	appropriate	appropriate	ADJ
cjal-3228	17	26	foreign	foreign	ADJ
cjal-3228	17	27	exchange	exchange	NOUN
cjal-3228	17	28	and	and	CCONJ
cjal-3228	17	29	exchange	exchange	NOUN
cjal-3228	17	30	rate	rate	NOUN
cjal-3228	17	31	system	system	NOUN
cjal-3228	17	32	for	for	ADP
cjal-3228	17	33	china	china	PROPN
cjal-3228	17	34	.	.	PUNCT
cjal-3228	18	1	while	while	SCONJ
cjal-3228	18	2	this	this	DET
cjal-3228	18	3	debate	debate	NOUN
cjal-3228	18	4	has	have	AUX
cjal-3228	18	5	focused	focus	VERB
cjal-3228	18	6	principally	principally	ADV
cjal-3228	18	7	on	on	ADP
cjal-3228	18	8	china	china	PROPN
cjal-3228	18	9	's	's	PART
cjal-3228	18	10	choice	choice	NOUN
cjal-3228	18	11	of	of	ADP
cjal-3228	18	12	exchange	exchange	NOUN
cjal-3228	18	13	rate	rate	NOUN
cjal-3228	18	14	mechanism	mechanism	NOUN
cjal-3228	18	15	,	,	PUNCT
cjal-3228	18	16	i.e.	i.e.	X
cjal-3228	18	17	the	the	DET
cjal-3228	18	18	pros	pro	NOUN
cjal-3228	18	19	and	and	CCONJ
cjal-3228	18	20	cons	con	NOUN
cjal-3228	18	21	of	of	ADP
cjal-3228	18	22	letting	let	VERB
cjal-3228	18	23	the	the	DET
cjal-3228	18	24	rmb	rmb	NOUN
cjal-3228	18	25	float	float	VERB
cjal-3228	18	26	according	accord	VERB
cjal-3228	18	27	to	to	ADP
cjal-3228	18	28	market	market	NOUN
cjal-3228	18	29	demand	demand	NOUN
cjal-3228	18	30	and	and	CCONJ
cjal-3228	18	31	supply	supply	NOUN
cjal-3228	18	32	versus	versus	ADP
cjal-3228	18	33	pegging	peg	VERB
cjal-3228	18	34	the	the	DET
cjal-3228	18	35	currency	currency	NOUN
cjal-3228	18	36	to	to	ADP
cjal-3228	18	37	one	one	NUM
cjal-3228	18	38	degree	degree	NOUN
cjal-3228	18	39	or	or	CCONJ
cjal-3228	18	40	another	another	PRON
cjal-3228	18	41	,	,	PUNCT
cjal-3228	18	42	the	the	DET
cjal-3228	18	43	debate	debate	NOUN
cjal-3228	18	44	has	have	AUX
cjal-3228	18	45	also	also	ADV
cjal-3228	18	46	encompassed	encompass	VERB
cjal-3228	18	47	china	china	PROPN
cjal-3228	18	48	's	's	PART
cjal-3228	18	49	overall	overall	ADJ
cjal-3228	18	50	policy	policy	NOUN
cjal-3228	18	51	of	of	ADP
cjal-3228	18	52	maintaining	maintain	VERB
cjal-3228	18	53	restrictions	restriction	NOUN
cjal-3228	18	54	on	on	ADP
cjal-3228	18	55	the	the	DET
cjal-3228	18	56	free	free	ADJ
cjal-3228	18	57	flow	flow	NOUN
cjal-3228	18	58	of	of	ADP
cjal-3228	18	59	foreign	foreign	ADJ
cjal-3228	18	60	currency	currency	NOUN
cjal-3228	18	61	and	and	CCONJ
cjal-3228	18	62	the	the	DET
cjal-3228	18	63	convertibility	convertibility	NOUN
cjal-3228	18	64	of	of	ADP
cjal-3228	18	65	the	the	DET
cjal-3228	18	66	rmb	rmb	NOUN
cjal-3228	18	67	.	.	PUNCT
cjal-3228	19	1	this	this	DET
cjal-3228	19	2	paper	paper	NOUN
cjal-3228	19	3	is	be	AUX
cjal-3228	19	4	intended	intend	VERB
cjal-3228	19	5	to	to	PART
cjal-3228	19	6	contribute	contribute	VERB
cjal-3228	19	7	to	to	ADP
cjal-3228	19	8	the	the	DET
cjal-3228	19	9	current	current	ADJ
cjal-3228	19	10	debate	debate	NOUN
cjal-3228	19	11	on	on	ADP
cjal-3228	19	12	china	china	PROPN
cjal-3228	19	13	's	's	PART
cjal-3228	19	14	foreign	foreign	ADJ
cjal-3228	19	15	exchange	exchange	NOUN
cjal-3228	19	16	regime	regime	NOUN
cjal-3228	19	17	by	by	ADP
cjal-3228	19	18	providing	provide	VERB
cjal-3228	19	19	a	a	DET
cjal-3228	19	20	systematic	systematic	ADJ
cjal-3228	19	21	analysis	analysis	NOUN
cjal-3228	19	22	of	of	ADP
cjal-3228	19	23	china	china	PROPN
cjal-3228	19	24	's	's	PART
cjal-3228	19	25	current	current	ADJ
cjal-3228	19	26	regulatory	regulatory	ADJ
cjal-3228	19	27	and	and	CCONJ
cjal-3228	19	28	administrative	administrative	ADJ
cjal-3228	19	29	regime	regime	NOUN
cjal-3228	19	30	governing	govern	VERB
cjal-3228	19	31	foreign	foreign	ADJ
cjal-3228	19	32	i	i	PROPN
cjal-3228	19	33	on	on	ADP
cjal-3228	19	34	december	december	PROPN
cjal-3228	19	35	2	2	NUM
cjal-3228	19	36	,	,	PUNCT
cjal-3228	19	37	2002	2002	NUM
cjal-3228	19	38	,	,	PUNCT
cjal-3228	19	39	two	two	NUM
cjal-3228	19	40	senior	senior	ADJ
cjal-3228	19	41	officials	official	NOUN
cjal-3228	19	42	in	in	ADP
cjal-3228	19	43	japan	japan	PROPN
cjal-3228	19	44	's	's	PART
cjal-3228	19	45	ministry	ministry	PROPN
cjal-3228	19	46	of	of	ADP
cjal-3228	19	47	finance	finance	PROPN
cjal-3228	19	48	published	publish	VERB
cjal-3228	19	49	an	an	DET
cjal-3228	19	50	article	article	NOUN
cjal-3228	19	51	in	in	ADP
cjal-3228	19	52	the	the	DET
cjal-3228	19	53	financial	financial	ADJ
cjal-3228	19	54	times	time	NOUN
cjal-3228	19	55	accusing	accuse	VERB
cjal-3228	19	56	china	china	PROPN
cjal-3228	19	57	of	of	ADP
cjal-3228	19	58	"	"	PUNCT
cjal-3228	19	59	exporting	export	VERB
cjal-3228	19	60	deflation	deflation	NOUN
cjal-3228	19	61	"	"	PUNCT
cjal-3228	19	62	through	through	ADP
cjal-3228	19	63	its	its	PRON
cjal-3228	19	64	policy	policy	NOUN
cjal-3228	19	65	of	of	ADP
cjal-3228	19	66	pegging	peg	VERB
cjal-3228	19	67	the	the	DET
cjal-3228	19	68	renminbi	renminbi	NOUN
cjal-3228	19	69	(	(	PUNCT
cjal-3228	19	70	rmb	rmb	NOUN
cjal-3228	19	71	)	)	PUNCT
cjal-3228	19	72	exchange	exchange	NOUN
cjal-3228	19	73	rate	rate	NOUN
cjal-3228	19	74	to	to	ADP
cjal-3228	19	75	the	the	DET
cjal-3228	19	76	u.s	u.s	PROPN
cjal-3228	19	77	.	.	PROPN
cjal-3228	19	78	dollar	dollar	NOUN
cjal-3228	19	79	.	.	PUNCT
cjal-3228	20	1	haruhiko	haruhiko	PROPN
cjal-3228	20	2	kuroda	kuroda	PROPN
cjal-3228	20	3	and	and	CCONJ
cjal-3228	20	4	masahiro	masahiro	PROPN
cjal-3228	20	5	kawai	kawai	PROPN
cjal-3228	20	6	,	,	PUNCT
cjal-3228	20	7	time	time	NOUN
cjal-3228	20	8	for	for	ADP
cjal-3228	20	9	a	a	DET
cjal-3228	20	10	switch	switch	NOUN
cjal-3228	20	11	to	to	ADP
cjal-3228	20	12	global	global	ADJ
cjal-3228	20	13	reflation	reflation	NOUN
cjal-3228	20	14	,	,	PUNCT
cjal-3228	20	15	fin	fin	NOUN
cjal-3228	20	16	.	.	PUNCT
cjal-3228	21	1	times	times	PROPN
cjal-3228	21	2	,	,	PUNCT
cjal-3228	21	3	december	december	PROPN
cjal-3228	21	4	2	2	NUM
cjal-3228	21	5	,	,	PUNCT
cjal-3228	21	6	2002	2002	NUM
cjal-3228	21	7	,	,	PUNCT
cjal-3228	21	8	at	at	ADP
cjal-3228	21	9	23	23	NUM
cjal-3228	21	10	.	.	PUNCT
cjal-3228	22	1	as	as	SCONJ
cjal-3228	22	2	pressure	pressure	NOUN
cjal-3228	22	3	from	from	ADP
cjal-3228	22	4	japan	japan	PROPN
cjal-3228	22	5	to	to	PART
cjal-3228	22	6	revalue	revalue	VERB
cjal-3228	22	7	the	the	DET
cjal-3228	22	8	rmb	rmb	NOUN
cjal-3228	22	9	continued	continue	VERB
cjal-3228	22	10	throughout	throughout	ADP
cjal-3228	22	11	2003	2003	NUM
cjal-3228	22	12	,	,	PUNCT
cjal-3228	22	13	by	by	ADP
cjal-3228	22	14	the	the	DET
cjal-3228	22	15	summer	summer	NOUN
cjal-3228	22	16	of	of	ADP
cjal-3228	22	17	2003	2003	NUM
cjal-3228	22	18	,	,	PUNCT
cjal-3228	22	19	the	the	DET
cjal-3228	22	20	united	united	PROPN
cjal-3228	22	21	states	states	PROPN
cjal-3228	22	22	had	have	AUX
cjal-3228	22	23	decisively	decisively	ADV
cjal-3228	22	24	joined	join	VERB
cjal-3228	22	25	in	in	ADP
cjal-3228	22	26	the	the	DET
cjal-3228	22	27	offensive	offensive	NOUN
cjal-3228	22	28	,	,	PUNCT
cjal-3228	22	29	arguing	argue	VERB
cjal-3228	22	30	that	that	SCONJ
cjal-3228	22	31	china	china	PROPN
cjal-3228	22	32	's	's	PART
cjal-3228	22	33	currency	currency	NOUN
cjal-3228	22	34	peg	peg	NOUN
cjal-3228	22	35	was	be	AUX
cjal-3228	22	36	unfairly	unfairly	ADV
cjal-3228	22	37	harming	harm	VERB
cjal-3228	22	38	u.s	u.s	PROPN
cjal-3228	22	39	.	.	PROPN
cjal-3228	22	40	producers	producer	NOUN
cjal-3228	22	41	and	and	CCONJ
cjal-3228	22	42	costing	cost	VERB
cjal-3228	22	43	american	american	ADJ
cjal-3228	22	44	jobs	job	NOUN
cjal-3228	22	45	.	.	PUNCT
cjal-3228	23	1	see	see	VERB
cjal-3228	23	2	,	,	PUNCT
cjal-3228	23	3	e.g.	e.g.	ADV
cjal-3228	23	4	,	,	PUNCT
cjal-3228	23	5	michael	michael	PROPN
cjal-3228	23	6	morgan	morgan	PROPN
cjal-3228	23	7	and	and	CCONJ
cjal-3228	23	8	david	david	PROPN
cjal-3228	23	9	pilling	pilling	PROPN
cjal-3228	23	10	,	,	PUNCT
cjal-3228	23	11	snow	snow	NOUN
cjal-3228	23	12	urges	urge	VERB
cjal-3228	23	13	beijing	beijing	PROPN
cjal-3228	23	14	to	to	PART
cjal-3228	23	15	drop	drop	VERB
cjal-3228	23	16	fixed	fixed	ADJ
cjal-3228	23	17	currency	currency	NOUN
cjal-3228	23	18	,	,	PUNCT
cjal-3228	23	19	fin	fin	NOUN
cjal-3228	23	20	.	.	PUNCT
cjal-3228	24	1	times	times	PROPN
cjal-3228	24	2	,	,	PUNCT
cjal-3228	24	3	september	september	PROPN
cjal-3228	24	4	2	2	NUM
cjal-3228	24	5	,	,	PUNCT
cjal-3228	24	6	2003	2003	NUM
cjal-3228	24	7	,	,	PUNCT
cjal-3228	24	8	at	at	ADP
cjal-3228	24	9	12	12	NUM
cjal-3228	24	10	.	.	PUNCT
cjal-3228	25	1	[	[	X
cjal-3228	25	2	17:2	17:2	NUM
cjal-3228	25	3	china	china	PROPN
cjal-3228	25	4	's	's	PART
cjal-3228	25	5	system	system	NOUN
cjal-3228	25	6	of	of	ADP
cjal-3228	25	7	foreign	foreign	ADJ
cjal-3228	25	8	exchange	exchange	NOUN
cjal-3228	25	9	exchange	exchange	NOUN
cjal-3228	25	10	transactions	transaction	NOUN
cjal-3228	25	11	and	and	CCONJ
cjal-3228	25	12	the	the	DET
cjal-3228	25	13	rmb	rmb	PROPN
cjal-3228	25	14	exchange	exchange	NOUN
cjal-3228	25	15	rate	rate	NOUN
cjal-3228	25	16	.	.	PUNCT
cjal-3228	26	1	because	because	SCONJ
cjal-3228	26	2	the	the	DET
cjal-3228	26	3	public	public	ADJ
cjal-3228	26	4	debate	debate	NOUN
cjal-3228	26	5	on	on	ADP
cjal-3228	26	6	china	china	PROPN
cjal-3228	26	7	's	's	PART
cjal-3228	26	8	foreign	foreign	ADJ
cjal-3228	26	9	exchange	exchange	NOUN
cjal-3228	26	10	policies	policy	NOUN
cjal-3228	26	11	has	have	AUX
cjal-3228	26	12	been	be	AUX
cjal-3228	26	13	waged	wage	VERB
cjal-3228	26	14	primarily	primarily	ADV
cjal-3228	26	15	by	by	ADP
cjal-3228	26	16	economists	economist	NOUN
cjal-3228	26	17	and	and	CCONJ
cjal-3228	26	18	politicians	politician	NOUN
cjal-3228	26	19	,	,	PUNCT
cjal-3228	26	20	it	it	PRON
cjal-3228	26	21	is	be	AUX
cjal-3228	26	22	not	not	PART
cjal-3228	26	23	surprising	surprising	ADJ
cjal-3228	26	24	that	that	SCONJ
cjal-3228	26	25	relatively	relatively	ADV
cjal-3228	26	26	little	little	ADJ
cjal-3228	26	27	attention	attention	NOUN
cjal-3228	26	28	has	have	AUX
cjal-3228	26	29	been	be	AUX
cjal-3228	26	30	paid	pay	VERB
cjal-3228	26	31	to	to	ADP
cjal-3228	26	32	the	the	DET
cjal-3228	26	33	underlying	underlie	VERB
cjal-3228	26	34	regulatory	regulatory	ADJ
cjal-3228	26	35	regime	regime	NOUN
cjal-3228	26	36	and	and	CCONJ
cjal-3228	26	37	how	how	SCONJ
cjal-3228	26	38	it	it	PRON
cjal-3228	26	39	serves	serve	VERB
cjal-3228	26	40	to	to	PART
cjal-3228	26	41	promote	promote	VERB
cjal-3228	26	42	the	the	DET
cjal-3228	26	43	overall	overall	ADJ
cjal-3228	26	44	policy	policy	NOUN
cjal-3228	26	45	choices	choice	NOUN
cjal-3228	26	46	adopted	adopt	VERB
cjal-3228	26	47	by	by	ADP
cjal-3228	26	48	the	the	DET
cjal-3228	26	49	chinese	chinese	ADJ
cjal-3228	26	50	leadership	leadership	NOUN
cjal-3228	26	51	.	.	PUNCT
cjal-3228	27	1	by	by	ADP
cjal-3228	27	2	providing	provide	VERB
cjal-3228	27	3	a	a	DET
cjal-3228	27	4	comprehensive	comprehensive	ADJ
cjal-3228	27	5	overview	overview	NOUN
cjal-3228	27	6	of	of	ADP
cjal-3228	27	7	china	china	PROPN
cjal-3228	27	8	's	's	PART
cjal-3228	27	9	foreign	foreign	ADJ
cjal-3228	27	10	exchange	exchange	NOUN
cjal-3228	27	11	regime	regime	NOUN
cjal-3228	27	12	,	,	PUNCT
cjal-3228	27	13	it	it	PRON
cjal-3228	27	14	is	be	AUX
cjal-3228	27	15	hoped	hope	VERB
cjal-3228	27	16	that	that	SCONJ
cjal-3228	27	17	this	this	DET
cjal-3228	27	18	paper	paper	NOUN
cjal-3228	27	19	will	will	AUX
cjal-3228	27	20	aid	aid	VERB
cjal-3228	27	21	in	in	ADP
cjal-3228	27	22	better	well	ADJ
cjal-3228	27	23	understanding	understanding	NOUN
cjal-3228	27	24	and	and	CCONJ
cjal-3228	27	25	analyzing	analyze	VERB
cjal-3228	27	26	china	china	PROPN
cjal-3228	27	27	's	's	PART
cjal-3228	27	28	foreign	foreign	ADJ
cjal-3228	27	29	exchange	exchange	NOUN
cjal-3228	27	30	system	system	NOUN
cjal-3228	27	31	and	and	CCONJ
cjal-3228	27	32	exchange	exchange	NOUN
cjal-3228	27	33	rate	rate	NOUN
cjal-3228	27	34	mechanism.2	mechanism.2	PROPN
cjal-3228	27	35	in	in	ADP
cjal-3228	27	36	addition	addition	NOUN
cjal-3228	27	37	,	,	PUNCT
cjal-3228	27	38	by	by	ADP
cjal-3228	27	39	analyzing	analyze	VERB
cjal-3228	27	40	the	the	DET
cjal-3228	27	41	historical	historical	ADJ
cjal-3228	27	42	development	development	NOUN
cjal-3228	27	43	as	as	ADV
cjal-3228	27	44	well	well	ADV
cjal-3228	27	45	as	as	ADP
cjal-3228	27	46	current	current	ADJ
cjal-3228	27	47	manifestation	manifestation	NOUN
cjal-3228	27	48	of	of	ADP
cjal-3228	27	49	china	china	PROPN
cjal-3228	27	50	's	's	PART
cjal-3228	27	51	forex	forex	ADJ
cjal-3228	27	52	regime	regime	NOUN
cjal-3228	27	53	,	,	PUNCT
cjal-3228	27	54	this	this	DET
cjal-3228	27	55	paper	paper	NOUN
cjal-3228	27	56	aspires	aspire	VERB
cjal-3228	27	57	to	to	PART
cjal-3228	27	58	contribute	contribute	VERB
cjal-3228	27	59	to	to	ADP
cjal-3228	27	60	the	the	DET
cjal-3228	27	61	substantial	substantial	ADJ
cjal-3228	27	62	existing	exist	VERB
cjal-3228	27	63	literature	literature	NOUN
cjal-3228	27	64	on	on	ADP
cjal-3228	27	65	china	china	PROPN
cjal-3228	27	66	's	's	PART
cjal-3228	27	67	economic	economic	ADJ
cjal-3228	27	68	and	and	CCONJ
cjal-3228	27	69	legal	legal	ADJ
cjal-3228	27	70	reform	reform	NOUN
cjal-3228	27	71	and	and	CCONJ
cjal-3228	27	72	development	development	NOUN
cjal-3228	27	73	.	.	PUNCT
cjal-3228	28	1	the	the	DET
cjal-3228	28	2	ongoing	ongoing	ADJ
cjal-3228	28	3	reform	reform	NOUN
cjal-3228	28	4	of	of	ADP
cjal-3228	28	5	china	china	PROPN
cjal-3228	28	6	's	's	PART
cjal-3228	28	7	foreign	foreign	ADJ
cjal-3228	28	8	exchange	exchange	NOUN
cjal-3228	28	9	regime	regime	NOUN
cjal-3228	28	10	should	should	AUX
cjal-3228	28	11	provide	provide	VERB
cjal-3228	28	12	an	an	DET
cjal-3228	28	13	illuminating	illuminating	ADJ
cjal-3228	28	14	example	example	NOUN
cjal-3228	28	15	of	of	ADP
cjal-3228	28	16	china	china	PROPN
cjal-3228	28	17	's	's	PART
cjal-3228	28	18	characteristic	characteristic	ADJ
cjal-3228	28	19	development	development	NOUN
cjal-3228	28	20	path	path	NOUN
cjal-3228	28	21	.	.	PUNCT
cjal-3228	29	1	moreover	moreover	ADV
cjal-3228	29	2	,	,	PUNCT
cjal-3228	29	3	the	the	DET
cjal-3228	29	4	relative	relative	ADJ
cjal-3228	29	5	success	success	NOUN
cjal-3228	29	6	of	of	ADP
cjal-3228	29	7	china	china	PROPN
cjal-3228	29	8	's	's	PART
cjal-3228	29	9	gradualist	gradualist	ADJ
cjal-3228	29	10	approach	approach	NOUN
cjal-3228	29	11	to	to	ADP
cjal-3228	29	12	foreign	foreign	ADJ
cjal-3228	29	13	exchange	exchange	NOUN
cjal-3228	29	14	and	and	CCONJ
cjal-3228	29	15	exchange	exchange	NOUN
cjal-3228	29	16	rate	rate	NOUN
cjal-3228	29	17	liberalization	liberalization	NOUN
cjal-3228	29	18	allows	allow	VERB
cjal-3228	29	19	it	it	PRON
cjal-3228	29	20	to	to	PART
cjal-3228	29	21	serve	serve	VERB
cjal-3228	29	22	as	as	ADP
cjal-3228	29	23	a	a	DET
cjal-3228	29	24	model	model	NOUN
cjal-3228	29	25	for	for	ADP
cjal-3228	29	26	other	other	ADJ
cjal-3228	29	27	transitional	transitional	ADJ
cjal-3228	29	28	or	or	CCONJ
cjal-3228	29	29	developing	develop	VERB
cjal-3228	29	30	economies	economy	NOUN
cjal-3228	29	31	.	.	PUNCT
cjal-3228	30	1	in	in	ADP
cjal-3228	30	2	addition	addition	NOUN
cjal-3228	30	3	,	,	PUNCT
cjal-3228	30	4	it	it	PRON
cjal-3228	30	5	is	be	AUX
cjal-3228	30	6	hoped	hope	VERB
cjal-3228	30	7	that	that	SCONJ
cjal-3228	30	8	an	an	DET
cjal-3228	30	9	analysis	analysis	NOUN
cjal-3228	30	10	of	of	ADP
cjal-3228	30	11	china	china	PROPN
cjal-3228	30	12	's	's	PART
cjal-3228	30	13	current	current	ADJ
cjal-3228	30	14	foreign	foreign	ADJ
cjal-3228	30	15	exchange	exchange	NOUN
cjal-3228	30	16	regime	regime	NOUN
cjal-3228	30	17	will	will	AUX
cjal-3228	30	18	promote	promote	VERB
cjal-3228	30	19	a	a	DET
cjal-3228	30	20	more	more	ADV
cjal-3228	30	21	thorough	thorough	ADJ
cjal-3228	30	22	understanding	understanding	NOUN
cjal-3228	30	23	of	of	ADP
cjal-3228	30	24	the	the	DET
cjal-3228	30	25	overall	overall	ADJ
cjal-3228	30	26	state	state	NOUN
cjal-3228	30	27	of	of	ADP
cjal-3228	30	28	china	china	PROPN
cjal-3228	30	29	's	's	PART
cjal-3228	30	30	regulatory	regulatory	ADJ
cjal-3228	30	31	mechanisms	mechanism	NOUN
cjal-3228	30	32	today	today	NOUN
cjal-3228	30	33	.	.	PUNCT
cjal-3228	31	1	as	as	ADP
cjal-3228	31	2	a	a	DET
cjal-3228	31	3	critical	critical	ADJ
cjal-3228	31	4	part	part	NOUN
cjal-3228	31	5	of	of	ADP
cjal-3228	31	6	china	china	PROPN
cjal-3228	31	7	's	's	PART
cjal-3228	31	8	economic	economic	ADJ
cjal-3228	31	9	policy	policy	NOUN
cjal-3228	31	10	and	and	CCONJ
cjal-3228	31	11	law	law	NOUN
cjal-3228	31	12	,	,	PUNCT
cjal-3228	31	13	comprehensive	comprehensive	ADJ
cjal-3228	31	14	knowledge	knowledge	NOUN
cjal-3228	31	15	of	of	ADP
cjal-3228	31	16	china	china	PROPN
cjal-3228	31	17	's	's	PART
cjal-3228	31	18	forex	forex	ADJ
cjal-3228	31	19	regime	regime	NOUN
cjal-3228	31	20	should	should	AUX
cjal-3228	31	21	be	be	AUX
cjal-3228	31	22	useful	useful	ADJ
cjal-3228	31	23	to	to	ADP
cjal-3228	31	24	lawyers	lawyer	NOUN
cjal-3228	31	25	,	,	PUNCT
cjal-3228	31	26	academics	academic	NOUN
cjal-3228	31	27	,	,	PUNCT
cjal-3228	31	28	and	and	CCONJ
cjal-3228	31	29	all	all	DET
cjal-3228	31	30	those	those	PRON
cjal-3228	31	31	interested	interested	ADJ
cjal-3228	31	32	in	in	ADP
cjal-3228	31	33	china	china	PROPN
cjal-3228	31	34	's	's	PART
cjal-3228	31	35	legal	legal	ADJ
cjal-3228	31	36	system	system	NOUN
cjal-3228	31	37	and	and	CCONJ
cjal-3228	31	38	economic	economic	ADJ
cjal-3228	31	39	policy	policy	NOUN
cjal-3228	31	40	choices	choice	NOUN
cjal-3228	31	41	.	.	PUNCT
cjal-3228	32	1	the	the	DET
cjal-3228	32	2	body	body	NOUN
cjal-3228	32	3	of	of	ADP
cjal-3228	32	4	this	this	DET
cjal-3228	32	5	paper	paper	NOUN
cjal-3228	32	6	is	be	AUX
cjal-3228	32	7	divided	divide	VERB
cjal-3228	32	8	into	into	ADP
cjal-3228	32	9	five	five	NUM
cjal-3228	32	10	sections	section	NOUN
cjal-3228	32	11	.	.	PUNCT
cjal-3228	33	1	section	section	PROPN
cjal-3228	33	2	ii	ii	PROPN
cjal-3228	33	3	covers	cover	VERB
cjal-3228	33	4	the	the	DET
cjal-3228	33	5	historical	historical	ADJ
cjal-3228	33	6	development	development	NOUN
cjal-3228	33	7	of	of	ADP
cjal-3228	33	8	china	china	PROPN
cjal-3228	33	9	's	's	PART
cjal-3228	33	10	foreign	foreign	ADJ
cjal-3228	33	11	exchange	exchange	NOUN
cjal-3228	33	12	policy	policy	NOUN
cjal-3228	33	13	and	and	CCONJ
cjal-3228	33	14	law	law	NOUN
cjal-3228	33	15	since	since	SCONJ
cjal-3228	33	16	the	the	DET
cjal-3228	33	17	nationalist	nationalist	ADJ
cjal-3228	33	18	era	era	NOUN
cjal-3228	33	19	.	.	PUNCT
cjal-3228	34	1	section	section	NOUN
cjal-3228	34	2	iii	iii	PROPN
cjal-3228	34	3	provides	provide	VERB
cjal-3228	34	4	an	an	DET
cjal-3228	34	5	analysis	analysis	NOUN
cjal-3228	34	6	of	of	ADP
cjal-3228	34	7	the	the	DET
cjal-3228	34	8	institutional	institutional	ADJ
cjal-3228	34	9	and	and	CCONJ
cjal-3228	34	10	legal	legal	ADJ
cjal-3228	34	11	framework	framework	NOUN
cjal-3228	34	12	underlying	underlie	VERB
cjal-3228	34	13	china	china	PROPN
cjal-3228	34	14	's	's	PART
cjal-3228	34	15	current	current	ADJ
cjal-3228	34	16	foreign	foreign	ADJ
cjal-3228	34	17	exchange	exchange	NOUN
cjal-3228	34	18	regime	regime	NOUN
cjal-3228	34	19	.	.	PUNCT
cjal-3228	35	1	section	section	NOUN
cjal-3228	35	2	iv	iv	NUM
cjal-3228	35	3	deals	deal	NOUN
cjal-3228	35	4	with	with	ADP
cjal-3228	35	5	the	the	DET
cjal-3228	35	6	regulation	regulation	NOUN
cjal-3228	35	7	of	of	ADP
cjal-3228	35	8	supply	supply	NOUN
cjal-3228	35	9	and	and	CCONJ
cjal-3228	35	10	demand	demand	NOUN
cjal-3228	35	11	of	of	ADP
cjal-3228	35	12	foreign	foreign	ADJ
cjal-3228	35	13	currency	currency	NOUN
cjal-3228	35	14	through	through	ADP
cjal-3228	35	15	regulation	regulation	NOUN
cjal-3228	35	16	of	of	ADP
cjal-3228	35	17	current	current	ADJ
cjal-3228	35	18	account	account	NOUN
cjal-3228	35	19	and	and	CCONJ
cjal-3228	35	20	capital	capital	NOUN
cjal-3228	35	21	account	account	NOUN
cjal-3228	35	22	transactions	transaction	NOUN
cjal-3228	35	23	.	.	PUNCT
cjal-3228	36	1	section	section	NOUN
cjal-3228	36	2	v	v	NOUN
cjal-3228	36	3	describes	describe	VERB
cjal-3228	36	4	china	china	PROPN
cjal-3228	36	5	's	's	PART
cjal-3228	36	6	current	current	ADJ
cjal-3228	36	7	exchange	exchange	NOUN
cjal-3228	36	8	rate	rate	NOUN
cjal-3228	36	9	policy	policy	NOUN
cjal-3228	36	10	and	and	CCONJ
cjal-3228	36	11	its	its	PRON
cjal-3228	36	12	relationship	relationship	NOUN
cjal-3228	36	13	to	to	ADP
cjal-3228	36	14	regulatory	regulatory	ADJ
cjal-3228	36	15	controls	control	NOUN
cjal-3228	36	16	on	on	ADP
cjal-3228	36	17	capital	capital	NOUN
cjal-3228	36	18	movements	movement	NOUN
cjal-3228	36	19	and	and	CCONJ
cjal-3228	36	20	forex	forex	ADJ
cjal-3228	36	21	trading	trading	NOUN
cjal-3228	36	22	.	.	PUNCT
cjal-3228	37	1	the	the	DET
cjal-3228	37	2	final	final	ADJ
cjal-3228	37	3	section	section	NOUN
cjal-3228	37	4	will	will	AUX
cjal-3228	37	5	2	2	NUM
cjal-3228	37	6	as	as	SCONJ
cjal-3228	37	7	the	the	DET
cjal-3228	37	8	focus	focus	NOUN
cjal-3228	37	9	of	of	ADP
cjal-3228	37	10	this	this	DET
cjal-3228	37	11	paper	paper	NOUN
cjal-3228	37	12	is	be	AUX
cjal-3228	37	13	on	on	ADP
cjal-3228	37	14	the	the	DET
cjal-3228	37	15	historical	historical	ADJ
cjal-3228	37	16	development	development	NOUN
cjal-3228	37	17	,	,	PUNCT
cjal-3228	37	18	current	current	ADJ
cjal-3228	37	19	guise	guise	NOUN
cjal-3228	37	20	,	,	PUNCT
cjal-3228	37	21	and	and	CCONJ
cjal-3228	37	22	future	future	ADJ
cjal-3228	37	23	prospects	prospect	NOUN
cjal-3228	37	24	of	of	ADP
cjal-3228	37	25	china	china	PROPN
cjal-3228	37	26	's	's	PART
cjal-3228	37	27	foreign	foreign	ADJ
cjal-3228	37	28	exchange	exchange	NOUN
cjal-3228	37	29	system	system	NOUN
cjal-3228	37	30	,	,	PUNCT
cjal-3228	37	31	this	this	DET
cjal-3228	37	32	paper	paper	NOUN
cjal-3228	37	33	will	will	AUX
cjal-3228	37	34	not	not	PART
cjal-3228	37	35	go	go	VERB
cjal-3228	37	36	extensively	extensively	ADV
cjal-3228	37	37	into	into	ADP
cjal-3228	37	38	the	the	DET
cjal-3228	37	39	economic	economic	ADJ
cjal-3228	37	40	issues	issue	NOUN
cjal-3228	37	41	surrounding	surround	VERB
cjal-3228	37	42	the	the	DET
cjal-3228	37	43	questions	question	NOUN
cjal-3228	37	44	of	of	ADP
cjal-3228	37	45	what	what	PRON
cjal-3228	37	46	foreign	foreign	ADJ
cjal-3228	37	47	exchange	exchange	NOUN
cjal-3228	37	48	rate	rate	NOUN
cjal-3228	37	49	regime	regime	NOUN
cjal-3228	37	50	or	or	CCONJ
cjal-3228	37	51	which	which	DET
cjal-3228	37	52	exchange	exchange	NOUN
cjal-3228	37	53	rate	rate	NOUN
cjal-3228	37	54	mechanism	mechanism	NOUN
cjal-3228	37	55	would	would	AUX
cjal-3228	37	56	be	be	AUX
cjal-3228	37	57	optimal	optimal	ADJ
cjal-3228	37	58	for	for	ADP
cjal-3228	37	59	china	china	PROPN
cjal-3228	37	60	today	today	NOUN
cjal-3228	37	61	and	and	CCONJ
cjal-3228	37	62	in	in	ADP
cjal-3228	37	63	the	the	DET
cjal-3228	37	64	future	future	NOUN
cjal-3228	37	65	.	.	PUNCT
cjal-3228	38	1	however	however	ADV
cjal-3228	38	2	,	,	PUNCT
cjal-3228	38	3	it	it	PRON
cjal-3228	38	4	is	be	AUX
cjal-3228	38	5	the	the	DET
cjal-3228	38	6	author	author	NOUN
cjal-3228	38	7	's	's	PART
cjal-3228	38	8	hope	hope	NOUN
cjal-3228	38	9	that	that	SCONJ
cjal-3228	38	10	this	this	DET
cjal-3228	38	11	paper	paper	NOUN
cjal-3228	38	12	may	may	AUX
cjal-3228	38	13	contribute	contribute	VERB
cjal-3228	38	14	to	to	ADP
cjal-3228	38	15	that	that	DET
cjal-3228	38	16	discussion	discussion	NOUN
cjal-3228	38	17	,	,	PUNCT
cjal-3228	38	18	which	which	PRON
cjal-3228	38	19	is	be	AUX
cjal-3228	38	20	best	well	ADV
cjal-3228	38	21	left	leave	VERB
cjal-3228	38	22	to	to	ADP
cjal-3228	38	23	the	the	DET
cjal-3228	38	24	pages	page	NOUN
cjal-3228	38	25	of	of	ADP
cjal-3228	38	26	economics	economics	NOUN
cjal-3228	38	27	journals	journal	NOUN
cjal-3228	38	28	,	,	PUNCT
cjal-3228	38	29	by	by	ADP
cjal-3228	38	30	enhancing	enhance	VERB
cjal-3228	38	31	the	the	DET
cjal-3228	38	32	understanding	understanding	NOUN
cjal-3228	38	33	of	of	ADP
cjal-3228	38	34	the	the	DET
cjal-3228	38	35	legal	legal	ADJ
cjal-3228	38	36	regime	regime	NOUN
cjal-3228	38	37	which	which	PRON
cjal-3228	38	38	surrounds	surround	VERB
cjal-3228	38	39	and	and	CCONJ
cjal-3228	38	40	undergirds	undergird	VERB
cjal-3228	38	41	those	those	DET
cjal-3228	38	42	political	political	ADJ
cjal-3228	38	43	and	and	CCONJ
cjal-3228	38	44	economic	economic	ADJ
cjal-3228	38	45	decisions	decision	NOUN
cjal-3228	38	46	.	.	PUNCT
cjal-3228	39	1	2004	2004	NUM
cjal-3228	39	2	]	]	PUNCT
cjal-3228	39	3	columbia	columbia	PROPN
cjal-3228	39	4	journal	journal	PROPN
cjal-3228	39	5	of	of	ADP
cjal-3228	39	6	asian	asian	PROPN
cjal-3228	39	7	law	law	PROPN
cjal-3228	39	8	examine	examine	VERB
cjal-3228	39	9	the	the	DET
cjal-3228	39	10	likely	likely	ADJ
cjal-3228	39	11	path	path	NOUN
cjal-3228	39	12	of	of	ADP
cjal-3228	39	13	further	further	ADJ
cjal-3228	39	14	reform	reform	NOUN
cjal-3228	39	15	of	of	ADP
cjal-3228	39	16	china	china	PROPN
cjal-3228	39	17	's	's	PART
cjal-3228	39	18	forex	forex	ADJ
cjal-3228	39	19	regime	regime	NOUN
cjal-3228	39	20	in	in	ADP
cjal-3228	39	21	the	the	DET
cjal-3228	39	22	years	year	NOUN
cjal-3228	39	23	ahead	ahead	ADV
cjal-3228	39	24	.	.	PUNCT
cjal-3228	40	1	ii	ii	X
cjal-3228	40	2	.	.	PUNCT
cjal-3228	41	1	modern	modern	ADJ
cjal-3228	41	2	history	history	NOUN
cjal-3228	41	3	of	of	ADP
cjal-3228	41	4	china	china	PROPN
cjal-3228	41	5	's	's	PART
cjal-3228	41	6	foreign	foreign	ADJ
cjal-3228	41	7	exchange	exchange	NOUN
cjal-3228	41	8	system	system	NOUN
cjal-3228	41	9	a.	a.	NOUN
cjal-3228	41	10	pre-1949	pre-1949	PROPN
cjal-3228	41	11	:	:	PUNCT
cjal-3228	41	12	instability	instability	NOUN
cjal-3228	41	13	and	and	CCONJ
cjal-3228	41	14	foreign	foreign	ADJ
cjal-3228	41	15	domination	domination	NOUN
cjal-3228	41	16	in	in	ADP
cjal-3228	41	17	the	the	DET
cjal-3228	41	18	years	year	NOUN
cjal-3228	41	19	leading	lead	VERB
cjal-3228	41	20	up	up	ADP
cjal-3228	41	21	to	to	ADP
cjal-3228	41	22	the	the	DET
cjal-3228	41	23	communist	communist	ADJ
cjal-3228	41	24	victory	victory	NOUN
cjal-3228	41	25	in	in	ADP
cjal-3228	41	26	the	the	DET
cjal-3228	41	27	chinese	chinese	ADJ
cjal-3228	41	28	civil	civil	ADJ
cjal-3228	41	29	war	war	NOUN
cjal-3228	42	1	,	,	PUNCT
cjal-3228	42	2	china	china	PROPN
cjal-3228	42	3	's	's	PART
cjal-3228	42	4	foreign	foreign	ADJ
cjal-3228	42	5	exchange	exchange	NOUN
cjal-3228	42	6	system	system	NOUN
cjal-3228	42	7	was	be	AUX
cjal-3228	42	8	plagued	plague	VERB
cjal-3228	42	9	by	by	ADP
cjal-3228	42	10	instability	instability	NOUN
cjal-3228	42	11	and	and	CCONJ
cjal-3228	42	12	repeated	repeat	VERB
cjal-3228	42	13	crises	crisis	NOUN
cjal-3228	42	14	.	.	PUNCT
cjal-3228	43	1	during	during	ADP
cjal-3228	43	2	this	this	DET
cjal-3228	43	3	period	period	NOUN
cjal-3228	43	4	,	,	PUNCT
cjal-3228	43	5	foreign	foreign	ADJ
cjal-3228	43	6	interests	interest	NOUN
cjal-3228	43	7	dominated	dominate	VERB
cjal-3228	43	8	china	china	PROPN
cjal-3228	43	9	's	's	PART
cjal-3228	43	10	foreign	foreign	ADJ
cjal-3228	43	11	trade	trade	NOUN
cjal-3228	43	12	and	and	CCONJ
cjal-3228	43	13	foreign	foreign	ADJ
cjal-3228	43	14	exchange	exchange	NOUN
cjal-3228	43	15	systems	system	NOUN
cjal-3228	43	16	,	,	PUNCT
cjal-3228	43	17	with	with	ADP
cjal-3228	43	18	foreign	foreign	ADJ
cjal-3228	43	19	currencies	currency	NOUN
cjal-3228	43	20	-either	-either	NOUN
cjal-3228	43	21	brought	bring	VERB
cjal-3228	43	22	in	in	ADP
cjal-3228	43	23	from	from	ADP
cjal-3228	43	24	abroad	abroad	ADV
cjal-3228	43	25	or	or	CCONJ
cjal-3228	43	26	issued	issue	VERB
cjal-3228	43	27	by	by	ADP
cjal-3228	43	28	foreign	foreign	ADJ
cjal-3228	43	29	banks	bank	NOUN
cjal-3228	43	30	operating	operate	VERB
cjal-3228	43	31	in	in	ADP
cjal-3228	43	32	china	china	PROPN
cjal-3228	43	33	-commonly	-commonly	PROPN
cjal-3228	43	34	used	use	VERB
cjal-3228	43	35	in	in	ADP
cjal-3228	43	36	the	the	DET
cjal-3228	43	37	coastal	coastal	ADJ
cjal-3228	43	38	regions	region	NOUN
cjal-3228	43	39	.	.	PUNCT
cjal-3228	43	40	'	'	PUNCT
cjal-3228	44	1	the	the	DET
cjal-3228	44	2	nationalist	nationalist	ADJ
cjal-3228	44	3	government	government	NOUN
cjal-3228	44	4	,	,	PUNCT
cjal-3228	44	5	which	which	PRON
cjal-3228	44	6	governed	govern	VERB
cjal-3228	44	7	mainland	mainland	NOUN
cjal-3228	44	8	china	china	PROPN
cjal-3228	44	9	until	until	ADP
cjal-3228	44	10	1949	1949	NUM
cjal-3228	44	11	,	,	PUNCT
cjal-3228	44	12	continuously	continuously	ADV
cjal-3228	44	13	struggled	struggle	VERB
cjal-3228	44	14	to	to	PART
cjal-3228	44	15	maintain	maintain	VERB
cjal-3228	44	16	sufficient	sufficient	ADJ
cjal-3228	44	17	foreign	foreign	ADJ
cjal-3228	44	18	exchange	exchange	NOUN
cjal-3228	44	19	reserves	reserve	NOUN
cjal-3228	44	20	to	to	PART
cjal-3228	44	21	support	support	VERB
cjal-3228	44	22	the	the	DET
cjal-3228	44	23	country	country	NOUN
cjal-3228	44	24	's	's	PART
cjal-3228	44	25	economy	economy	NOUN
cjal-3228	44	26	.	.	PUNCT
cjal-3228	45	1	up	up	ADV
cjal-3228	45	2	until	until	ADP
cjal-3228	45	3	1935	1935	NUM
cjal-3228	45	4	,	,	PUNCT
cjal-3228	45	5	china	china	PROPN
cjal-3228	45	6	's	's	PART
cjal-3228	45	7	currency	currency	NOUN
cjal-3228	45	8	had	have	AUX
cjal-3228	45	9	been	be	AUX
cjal-3228	45	10	fully	fully	ADV
cjal-3228	45	11	convertible	convertible	ADJ
cjal-3228	45	12	to	to	ADP
cjal-3228	45	13	silver	silver	NOUN
cjal-3228	45	14	,	,	PUNCT
cjal-3228	45	15	but	but	CCONJ
cjal-3228	45	16	the	the	DET
cjal-3228	45	17	combination	combination	NOUN
cjal-3228	45	18	of	of	ADP
cjal-3228	45	19	rapid	rapid	ADJ
cjal-3228	45	20	specie	specie	NOUN
cjal-3228	45	21	outflow	outflow	NOUN
cjal-3228	45	22	and	and	CCONJ
cjal-3228	45	23	the	the	DET
cjal-3228	45	24	devaluation	devaluation	NOUN
cjal-3228	45	25	of	of	ADP
cjal-3228	45	26	silver	silver	NOUN
cjal-3228	45	27	on	on	ADP
cjal-3228	45	28	global	global	ADJ
cjal-3228	45	29	markets	market	NOUN
cjal-3228	45	30	forced	force	VERB
cjal-3228	45	31	the	the	DET
cjal-3228	45	32	government	government	NOUN
cjal-3228	45	33	off	off	ADP
cjal-3228	45	34	the	the	DET
cjal-3228	45	35	silver	silver	ADJ
cjal-3228	45	36	standard	standard	NOUN
cjal-3228	45	37	in	in	ADP
cjal-3228	45	38	that	that	DET
cjal-3228	45	39	year	year	NOUN
cjal-3228	45	40	.	.	PUNCT
cjal-3228	45	41	'	'	PUNCT
cjal-3228	46	1	from	from	ADP
cjal-3228	46	2	then	then	ADV
cjal-3228	46	3	until	until	ADP
cjal-3228	46	4	the	the	DET
cjal-3228	46	5	fall	fall	NOUN
cjal-3228	46	6	of	of	ADP
cjal-3228	46	7	the	the	DET
cjal-3228	46	8	nationalist	nationalist	ADJ
cjal-3228	46	9	regime	regime	NOUN
cjal-3228	46	10	,	,	PUNCT
cjal-3228	46	11	the	the	DET
cjal-3228	46	12	government	government	NOUN
cjal-3228	46	13	attempted	attempt	VERB
cjal-3228	46	14	,	,	PUNCT
cjal-3228	46	15	with	with	ADP
cjal-3228	46	16	varying	vary	VERB
cjal-3228	46	17	degrees	degree	NOUN
cjal-3228	46	18	of	of	ADP
cjal-3228	46	19	success	success	NOUN
cjal-3228	46	20	,	,	PUNCT
cjal-3228	46	21	to	to	PART
cjal-3228	46	22	peg	peg	VERB
cjal-3228	46	23	the	the	DET
cjal-3228	46	24	value	value	NOUN
cjal-3228	46	25	of	of	ADP
cjal-3228	46	26	china	china	PROPN
cjal-3228	46	27	's	's	PART
cjal-3228	46	28	currency	currency	NOUN
cjal-3228	46	29	,	,	PUNCT
cjal-3228	46	30	known	know	VERB
cjal-3228	46	31	as	as	ADP
cjal-3228	46	32	the	the	DET
cjal-3228	46	33	fabi	fabi	NOUN
cjal-3228	46	34	(	(	PUNCT
cjal-3228	46	35	fabi	fabi	PROPN
cjal-3228	46	36	)	)	PUNCT
cjal-3228	46	37	,	,	PUNCT
cjal-3228	46	38	to	to	ADP
cjal-3228	46	39	the	the	DET
cjal-3228	46	40	british	british	ADJ
cjal-3228	46	41	pound	pound	NOUN
cjal-3228	46	42	.	.	PUNCT
cjal-3228	47	1	however	however	ADV
cjal-3228	47	2	,	,	PUNCT
cjal-3228	47	3	a	a	DET
cjal-3228	47	4	general	general	ADJ
cjal-3228	47	5	shortage	shortage	NOUN
cjal-3228	47	6	of	of	ADP
cjal-3228	47	7	foreign	foreign	ADJ
cjal-3228	47	8	exchange	exchange	NOUN
cjal-3228	47	9	and	and	CCONJ
cjal-3228	47	10	frequent	frequent	ADJ
cjal-3228	47	11	bouts	bout	NOUN
cjal-3228	47	12	of	of	ADP
cjal-3228	47	13	capital	capital	NOUN
cjal-3228	47	14	flight	flight	NOUN
cjal-3228	47	15	forced	force	VERB
cjal-3228	47	16	the	the	DET
cjal-3228	47	17	nationalist	nationalist	ADJ
cjal-3228	47	18	government	government	NOUN
cjal-3228	47	19	to	to	PART
cjal-3228	47	20	borrow	borrow	VERB
cjal-3228	47	21	money	money	NOUN
cjal-3228	47	22	from	from	ADP
cjal-3228	47	23	britain	britain	PROPN
cjal-3228	47	24	and	and	CCONJ
cjal-3228	47	25	america	america	PROPN
cjal-3228	47	26	in	in	ADP
cjal-3228	47	27	order	order	NOUN
cjal-3228	47	28	to	to	PART
cjal-3228	47	29	maintain	maintain	VERB
cjal-3228	47	30	sufficient	sufficient	ADJ
cjal-3228	47	31	liquidity	liquidity	NOUN
cjal-3228	47	32	in	in	ADP
cjal-3228	47	33	the	the	DET
cjal-3228	47	34	forex	forex	ADJ
cjal-3228	47	35	markets	market	NOUN
cjal-3228	47	36	to	to	PART
cjal-3228	47	37	meet	meet	VERB
cjal-3228	47	38	the	the	DET
cjal-3228	47	39	needs	need	NOUN
cjal-3228	47	40	of	of	ADP
cjal-3228	47	41	china	china	PROPN
cjal-3228	47	42	's	's	PART
cjal-3228	47	43	foreign	foreign	ADJ
cjal-3228	47	44	trade	trade	NOUN
cjal-3228	47	45	sector	sector	NOUN
cjal-3228	47	46	.	.	PUNCT
cjal-3228	47	47	'	'	PUNCT
cjal-3228	48	1	while	while	SCONJ
cjal-3228	48	2	these	these	DET
cjal-3228	48	3	emergency	emergency	NOUN
cjal-3228	48	4	loans	loan	NOUN
cjal-3228	48	5	provided	provide	VERB
cjal-3228	48	6	a	a	DET
cjal-3228	48	7	modicum	modicum	NOUN
cjal-3228	48	8	of	of	ADP
cjal-3228	48	9	order	order	NOUN
cjal-3228	48	10	and	and	CCONJ
cjal-3228	48	11	predictability	predictability	NOUN
cjal-3228	48	12	to	to	ADP
cjal-3228	48	13	the	the	DET
cjal-3228	48	14	foreign	foreign	ADJ
cjal-3228	48	15	trade	trade	NOUN
cjal-3228	48	16	sector	sector	NOUN
cjal-3228	48	17	,	,	PUNCT
cjal-3228	48	18	they	they	PRON
cjal-3228	48	19	also	also	ADV
cjal-3228	48	20	tended	tend	VERB
cjal-3228	48	21	to	to	PART
cjal-3228	48	22	serve	serve	VERB
cjal-3228	48	23	the	the	DET
cjal-3228	48	24	interests	interest	NOUN
cjal-3228	48	25	of	of	ADP
cjal-3228	48	26	the	the	DET
cjal-3228	48	27	foreign	foreign	ADJ
cjal-3228	48	28	capitalists	capitalist	NOUN
cjal-3228	48	29	,	,	PUNCT
cjal-3228	48	30	thus	thus	ADV
cjal-3228	48	31	further	far	ADV
cjal-3228	48	32	delegitimizing	delegitimize	VERB
cjal-3228	48	33	the	the	DET
cjal-3228	48	34	nationalist	nationalist	ADJ
cjal-3228	48	35	regime	regime	NOUN
cjal-3228	48	36	and	and	CCONJ
cjal-3228	48	37	paving	pave	VERB
cjal-3228	48	38	the	the	DET
cjal-3228	48	39	way	way	NOUN
cjal-3228	48	40	for	for	ADP
cjal-3228	48	41	its	its	PRON
cjal-3228	48	42	eventual	eventual	ADJ
cjal-3228	48	43	downfall	downfall	NOUN
cjal-3228	48	44	.	.	PUNCT
cjal-3228	49	1	3	3	NUM
cjal-3228	49	2	zhongguo	zhongguo	PROPN
cjal-3228	49	3	waihui	waihui	PROPN
cjal-3228	49	4	shichang	shichang	PROPN
cjal-3228	50	1	[	[	X
cjal-3228	50	2	china	china	PROPN
cjal-3228	50	3	's	's	PART
cjal-3228	50	4	foreign	foreign	ADJ
cjal-3228	50	5	exchange	exchange	NOUN
cjal-3228	50	6	market	market	NOUN
cjal-3228	50	7	]	]	PUNCT
cjal-3228	50	8	4	4	NUM
cjal-3228	50	9	(	(	PUNCT
cjal-3228	50	10	he	he	PRON
cjal-3228	50	11	zerong	zerong	VERB
cjal-3228	51	1	ed	ed	PROPN
cjal-3228	51	2	.	.	PROPN
cjal-3228	51	3	,	,	PUNCT
cjal-3228	51	4	xinan	xinan	PROPN
cjal-3228	51	5	caijing	caije	VERB
cjal-3228	51	6	daxue	daxue	PROPN
cjal-3228	51	7	chubanshe	chubanshe	PROPN
cjal-3228	51	8	,	,	PUNCT
cjal-3228	51	9	1997	1997	NUM
cjal-3228	51	10	)	)	PUNCT
cjal-3228	51	11	.	.	PUNCT
cjal-3228	52	1	in	in	ADP
cjal-3228	52	2	particular	particular	ADJ
cjal-3228	52	3	,	,	PUNCT
cjal-3228	52	4	the	the	DET
cjal-3228	52	5	u.s	u.s	PROPN
cjal-3228	52	6	.	.	PROPN
cjal-3228	52	7	dollar	dollar	NOUN
cjal-3228	52	8	and	and	CCONJ
cjal-3228	52	9	,	,	PUNCT
cjal-3228	52	10	in	in	ADP
cjal-3228	52	11	southern	southern	ADJ
cjal-3228	52	12	china	china	PROPN
cjal-3228	52	13	,	,	PUNCT
cjal-3228	52	14	the	the	DET
cjal-3228	52	15	hong	hong	PROPN
cjal-3228	52	16	kong	kong	PROPN
cjal-3228	52	17	dollar	dollar	NOUN
cjal-3228	52	18	were	be	AUX
cjal-3228	52	19	widely	widely	ADV
cjal-3228	52	20	circulated	circulate	VERB
cjal-3228	52	21	.	.	PUNCT
cjal-3228	53	1	4	4	NUM
cjal-3228	53	2	all	all	DET
cjal-3228	53	3	silver	silver	NOUN
cjal-3228	53	4	was	be	AUX
cjal-3228	53	5	nationalized	nationalize	VERB
cjal-3228	53	6	at	at	ADP
cjal-3228	53	7	that	that	DET
cjal-3228	53	8	time	time	NOUN
cjal-3228	53	9	.	.	PUNCT
cjal-3228	54	1	see	see	VERB
cjal-3228	54	2	d.	d.	PROPN
cjal-3228	54	3	k.	k.	PROPN
cjal-3228	54	4	lieu	lieu	PROPN
cjal-3228	54	5	,	,	PUNCT
cjal-3228	54	6	china	china	PROPN
cjal-3228	54	7	's	's	PART
cjal-3228	54	8	economic	economic	ADJ
cjal-3228	54	9	stabilization	stabilization	NOUN
cjal-3228	54	10	and	and	CCONJ
cjal-3228	54	11	reconstruction	reconstruction	NOUN
cjal-3228	54	12	82	82	NUM
cjal-3228	54	13	(	(	PUNCT
cjal-3228	54	14	1948	1948	NUM
cjal-3228	54	15	)	)	PUNCT
cjal-3228	54	16	.	.	PUNCT
cjal-3228	55	1	5	5	NUM
cjal-3228	55	2	in	in	ADP
cjal-3228	55	3	order	order	NOUN
cjal-3228	55	4	to	to	PART
cjal-3228	55	5	stabilize	stabilize	VERB
cjal-3228	55	6	the	the	DET
cjal-3228	55	7	exchange	exchange	NOUN
cjal-3228	55	8	rate	rate	NOUN
cjal-3228	55	9	and	and	CCONJ
cjal-3228	55	10	ensure	ensure	VERB
cjal-3228	55	11	enough	enough	ADJ
cjal-3228	55	12	reserves	reserve	NOUN
cjal-3228	55	13	for	for	ADP
cjal-3228	55	14	the	the	DET
cjal-3228	55	15	conduct	conduct	NOUN
cjal-3228	55	16	of	of	ADP
cjal-3228	55	17	foreign	foreign	ADJ
cjal-3228	55	18	trade	trade	NOUN
cjal-3228	55	19	,	,	PUNCT
cjal-3228	55	20	the	the	DET
cjal-3228	55	21	nationalist	nationalist	ADJ
cjal-3228	55	22	government	government	NOUN
cjal-3228	55	23	established	establish	VERB
cjal-3228	55	24	the	the	DET
cjal-3228	55	25	exchange	exchange	NOUN
cjal-3228	55	26	stabilization	stabilization	NOUN
cjal-3228	55	27	fund	fund	NOUN
cjal-3228	55	28	(	(	PUNCT
cjal-3228	55	29	zhongyingpingzhunjijin	zhongyingpingzhunjijin	NOUN
cjal-3228	55	30	)	)	PUNCT
cjal-3228	55	31	in	in	ADP
cjal-3228	55	32	1939	1939	NUM
cjal-3228	55	33	,	,	PUNCT
cjal-3228	55	34	to	to	PART
cjal-3228	55	35	which	which	PRON
cjal-3228	55	36	chinese	chinese	ADJ
cjal-3228	55	37	and	and	CCONJ
cjal-3228	55	38	british	british	ADJ
cjal-3228	55	39	banks	bank	NOUN
cjal-3228	55	40	contributed	contribute	VERB
cjal-3228	55	41	five	five	NUM
cjal-3228	55	42	million	million	NUM
cjal-3228	55	43	pounds	pound	NOUN
cjal-3228	55	44	each	each	PRON
cjal-3228	55	45	.	.	PUNCT
cjal-3228	56	1	two	two	NUM
cjal-3228	56	2	years	year	NOUN
cjal-3228	56	3	later	later	ADV
cjal-3228	56	4	,	,	PUNCT
cjal-3228	56	5	american	american	ADJ
cjal-3228	56	6	loans	loan	NOUN
cjal-3228	56	7	,	,	PUNCT
cjal-3228	56	8	combined	combine	VERB
cjal-3228	56	9	with	with	ADP
cjal-3228	56	10	further	further	ADJ
cjal-3228	56	11	british	british	ADJ
cjal-3228	56	12	and	and	CCONJ
cjal-3228	56	13	chinese	chinese	ADJ
cjal-3228	56	14	contributions	contribution	NOUN
cjal-3228	56	15	,	,	PUNCT
cjal-3228	56	16	created	create	VERB
cjal-3228	56	17	a	a	DET
cjal-3228	56	18	new	new	ADJ
cjal-3228	56	19	fund	fund	NOUN
cjal-3228	56	20	,	,	PUNCT
cjal-3228	56	21	which	which	PRON
cjal-3228	56	22	was	be	AUX
cjal-3228	56	23	administered	administer	VERB
cjal-3228	56	24	by	by	ADP
cjal-3228	56	25	nationals	national	NOUN
cjal-3228	56	26	of	of	ADP
cjal-3228	56	27	the	the	DET
cjal-3228	56	28	three	three	NUM
cjal-3228	56	29	states	state	NOUN
cjal-3228	56	30	and	and	CCONJ
cjal-3228	56	31	effectively	effectively	ADV
cjal-3228	56	32	took	take	VERB
cjal-3228	56	33	control	control	NOUN
cjal-3228	56	34	of	of	ADP
cjal-3228	56	35	foreign	foreign	ADJ
cjal-3228	56	36	exchange	exchange	NOUN
cjal-3228	56	37	regulation	regulation	NOUN
cjal-3228	56	38	from	from	ADP
cjal-3228	56	39	the	the	DET
cjal-3228	56	40	central	central	ADJ
cjal-3228	56	41	bank	bank	NOUN
cjal-3228	56	42	.	.	PUNCT
cjal-3228	57	1	i	i	PRON
cjal-3228	57	2	d.	d.	PROPN
cjal-3228	57	3	83	83	NUM
cjal-3228	57	4	-	-	SYM
cjal-3228	57	5	85	85	NUM
cjal-3228	57	6	.	.	PUNCT
cjal-3228	58	1	[	[	X
cjal-3228	58	2	17:2	17:2	NUM
cjal-3228	58	3	china	china	PROPN
cjal-3228	58	4	's	's	PART
cjal-3228	58	5	system	system	NOUN
cjal-3228	58	6	of	of	ADP
cjal-3228	58	7	foreign	foreign	ADJ
cjal-3228	58	8	exchange	exchange	PROPN
cjal-3228	58	9	b.	b.	PROPN
cjal-3228	58	10	1949	1949	NUM
cjal-3228	58	11	-	-	SYM
cjal-3228	58	12	1979	1979	NUM
cjal-3228	58	13	.	.	PUNCT
cjal-3228	58	14	"	"	PUNCT
cjal-3228	59	1	centralization	centralization	NOUN
cjal-3228	59	2	andautarky	andautarky	PROPN
cjal-3228	59	3	as	as	SCONJ
cjal-3228	59	4	the	the	DET
cjal-3228	59	5	chinese	chinese	ADJ
cjal-3228	59	6	civil	civil	ADJ
cjal-3228	59	7	war	war	NOUN
cjal-3228	59	8	drew	draw	VERB
cjal-3228	59	9	to	to	ADP
cjal-3228	59	10	a	a	DET
cjal-3228	59	11	close	close	NOUN
cjal-3228	59	12	,	,	PUNCT
cjal-3228	59	13	the	the	DET
cjal-3228	59	14	chinese	chinese	ADJ
cjal-3228	59	15	communist	communist	PROPN
cjal-3228	59	16	party	party	PROPN
cjal-3228	59	17	(	(	PUNCT
cjal-3228	59	18	ccp	ccp	PROPN
cjal-3228	59	19	)	)	PUNCT
cjal-3228	59	20	acted	act	VERB
cjal-3228	59	21	rapidly	rapidly	ADV
cjal-3228	59	22	to	to	PART
cjal-3228	59	23	stabilize	stabilize	VERB
cjal-3228	59	24	and	and	CCONJ
cjal-3228	59	25	nationalize	nationalize	VERB
cjal-3228	59	26	the	the	DET
cjal-3228	59	27	foreign	foreign	ADJ
cjal-3228	59	28	exchange	exchange	NOUN
cjal-3228	59	29	system	system	NOUN
cjal-3228	59	30	.	.	PUNCT
cjal-3228	60	1	the	the	DET
cjal-3228	60	2	circulation	circulation	NOUN
cjal-3228	60	3	of	of	ADP
cjal-3228	60	4	foreign	foreign	ADJ
cjal-3228	60	5	currency	currency	NOUN
cjal-3228	60	6	was	be	AUX
cjal-3228	60	7	strictly	strictly	ADV
cjal-3228	60	8	forbidden	forbid	VERB
cjal-3228	60	9	and	and	CCONJ
cjal-3228	60	10	all	all	DET
cjal-3228	60	11	foreign	foreign	ADJ
cjal-3228	60	12	currency	currency	NOUN
cjal-3228	60	13	was	be	AUX
cjal-3228	60	14	required	require	VERB
cjal-3228	60	15	to	to	PART
cjal-3228	60	16	be	be	AUX
cjal-3228	60	17	either	either	CCONJ
cjal-3228	60	18	exchanged	exchange	VERB
cjal-3228	60	19	for	for	ADP
cjal-3228	60	20	renminbi	renminbi	NOUN
cjal-3228	60	21	(	(	PUNCT
cjal-3228	60	22	rmb	rmb	PROPN
cjal-3228	60	23	)	)	PUNCT
cjal-3228	60	24	,	,	PUNCT
cjal-3228	60	25	the	the	DET
cjal-3228	60	26	new	new	ADJ
cjal-3228	60	27	national	national	ADJ
cjal-3228	60	28	currency	currency	NOUN
cjal-3228	60	29	,	,	PUNCT
cjal-3228	60	30	or	or	CCONJ
cjal-3228	60	31	deposited	deposit	VERB
cjal-3228	60	32	in	in	ADP
cjal-3228	60	33	the	the	DET
cjal-3228	60	34	bank	bank	NOUN
cjal-3228	60	35	of	of	ADP
cjal-3228	60	36	china	china	PROPN
cjal-3228	60	37	.	.	PUNCT
cjal-3228	61	1	initially	initially	ADV
cjal-3228	61	2	,	,	PUNCT
cjal-3228	61	3	the	the	DET
cjal-3228	61	4	new	new	ADJ
cjal-3228	61	5	government	government	NOUN
cjal-3228	61	6	adopted	adopt	VERB
cjal-3228	61	7	a	a	DET
cjal-3228	61	8	flexible	flexible	ADJ
cjal-3228	61	9	exchange	exchange	NOUN
cjal-3228	61	10	rate	rate	NOUN
cjal-3228	61	11	policy6	policy6	PROPN
cjal-3228	61	12	and	and	CCONJ
cjal-3228	61	13	permitted	permit	VERB
cjal-3228	61	14	private	private	ADJ
cjal-3228	61	15	companies	company	NOUN
cjal-3228	61	16	and	and	CCONJ
cjal-3228	61	17	interests	interest	NOUN
cjal-3228	61	18	to	to	PART
cjal-3228	61	19	play	play	VERB
cjal-3228	61	20	a	a	DET
cjal-3228	61	21	major	major	ADJ
cjal-3228	61	22	role	role	NOUN
cjal-3228	61	23	in	in	ADP
cjal-3228	61	24	the	the	DET
cjal-3228	61	25	foreign	foreign	ADJ
cjal-3228	61	26	exchange	exchange	NOUN
cjal-3228	61	27	market	market	NOUN
cjal-3228	61	28	in	in	ADP
cjal-3228	61	29	an	an	DET
cjal-3228	61	30	attempt	attempt	NOUN
cjal-3228	61	31	to	to	PART
cjal-3228	61	32	stimulate	stimulate	VERB
cjal-3228	61	33	foreign	foreign	ADJ
cjal-3228	61	34	trade	trade	NOUN
cjal-3228	61	35	and	and	CCONJ
cjal-3228	61	36	encourage	encourage	VERB
cjal-3228	61	37	the	the	DET
cjal-3228	61	38	repatriation	repatriation	NOUN
cjal-3228	61	39	of	of	ADP
cjal-3228	61	40	the	the	DET
cjal-3228	61	41	substantial	substantial	ADJ
cjal-3228	61	42	wealth	wealth	NOUN
cjal-3228	61	43	owned	own	VERB
cjal-3228	61	44	by	by	ADP
cjal-3228	61	45	overseas	overseas	ADJ
cjal-3228	61	46	chinese	chinese	PROPN
cjal-3228	61	47	.	.	PUNCT
cjal-3228	62	1	by	by	ADP
cjal-3228	62	2	1953	1953	NUM
cjal-3228	62	3	,	,	PUNCT
cjal-3228	62	4	however	however	ADV
cjal-3228	62	5	,	,	PUNCT
cjal-3228	62	6	the	the	DET
cjal-3228	62	7	communist	communist	ADJ
cjal-3228	62	8	government	government	NOUN
cjal-3228	62	9	's	's	PART
cjal-3228	62	10	economic	economic	ADJ
cjal-3228	62	11	policies	policy	NOUN
cjal-3228	62	12	had	have	AUX
cjal-3228	62	13	turned	turn	VERB
cjal-3228	62	14	sharply	sharply	ADV
cjal-3228	62	15	against	against	ADP
cjal-3228	62	16	free	free	ADJ
cjal-3228	62	17	markets	market	NOUN
cjal-3228	62	18	and	and	CCONJ
cjal-3228	62	19	cultivation	cultivation	NOUN
cjal-3228	62	20	of	of	ADP
cjal-3228	62	21	the	the	DET
cjal-3228	62	22	private	private	ADJ
cjal-3228	62	23	sector	sector	NOUN
cjal-3228	62	24	in	in	ADP
cjal-3228	62	25	favor	favor	NOUN
cjal-3228	62	26	of	of	ADP
cjal-3228	62	27	autarky	autarky	NOUN
cjal-3228	62	28	and	and	CCONJ
cjal-3228	62	29	central	central	ADJ
cjal-3228	62	30	planning	planning	NOUN
cjal-3228	62	31	.	.	PUNCT
cjal-3228	63	1	for	for	ADP
cjal-3228	63	2	more	more	ADJ
cjal-3228	63	3	than	than	ADP
cjal-3228	63	4	two	two	NUM
cjal-3228	63	5	-	-	PUNCT
cjal-3228	63	6	and	and	CCONJ
cjal-3228	63	7	-	-	PUNCT
cjal-3228	63	8	a	a	DET
cjal-3228	63	9	-	-	PUNCT
cjal-3228	63	10	half	half	NOUN
cjal-3228	63	11	decades	decade	NOUN
cjal-3228	63	12	thereafter	thereafter	ADV
cjal-3228	63	13	,	,	PUNCT
cjal-3228	63	14	all	all	DET
cjal-3228	63	15	international	international	ADJ
cjal-3228	63	16	transactions	transaction	NOUN
cjal-3228	63	17	were	be	AUX
cjal-3228	63	18	handled	handle	VERB
cjal-3228	63	19	by	by	ADP
cjal-3228	63	20	government	government	NOUN
cjal-3228	63	21	ministries	ministry	NOUN
cjal-3228	63	22	according	accord	VERB
cjal-3228	63	23	to	to	ADP
cjal-3228	63	24	a	a	DET
cjal-3228	63	25	centralized	centralized	ADJ
cjal-3228	63	26	national	national	ADJ
cjal-3228	63	27	economic	economic	ADJ
cjal-3228	63	28	plan	plan	NOUN
cjal-3228	63	29	.	.	PUNCT
cjal-3228	64	1	foreign	foreign	ADJ
cjal-3228	64	2	trade	trade	NOUN
cjal-3228	64	3	,	,	PUNCT
cjal-3228	64	4	which	which	PRON
cjal-3228	64	5	accounted	account	VERB
cjal-3228	64	6	for	for	ADP
cjal-3228	64	7	the	the	DET
cjal-3228	64	8	bulk	bulk	NOUN
cjal-3228	64	9	of	of	ADP
cjal-3228	64	10	china	china	PROPN
cjal-3228	64	11	's	's	PART
cjal-3228	64	12	international	international	ADJ
cjal-3228	64	13	balance	balance	NOUN
cjal-3228	64	14	of	of	ADP
cjal-3228	64	15	payments	payment	NOUN
cjal-3228	64	16	,	,	PUNCT
cjal-3228	64	17	was	be	AUX
cjal-3228	64	18	conducted	conduct	VERB
cjal-3228	64	19	solely	solely	ADV
cjal-3228	64	20	by	by	ADP
cjal-3228	64	21	designated	designate	VERB
cjal-3228	64	22	state	state	NOUN
cjal-3228	64	23	enterprises	enterprise	NOUN
cjal-3228	64	24	.	.	PUNCT
cjal-3228	65	1	under	under	ADP
cjal-3228	65	2	this	this	DET
cjal-3228	65	3	system	system	NOUN
cjal-3228	65	4	,	,	PUNCT
cjal-3228	65	5	the	the	DET
cjal-3228	65	6	bank	bank	NOUN
cjal-3228	65	7	of	of	ADP
cjal-3228	65	8	china	china	PROPN
cjal-3228	65	9	controlled	control	VERB
cjal-3228	65	10	a	a	DET
cjal-3228	65	11	monopoly	monopoly	NOUN
cjal-3228	65	12	on	on	ADP
cjal-3228	65	13	foreign	foreign	ADJ
cjal-3228	65	14	exchange	exchange	NOUN
cjal-3228	65	15	business	business	NOUN
cjal-3228	65	16	.	.	PUNCT
cjal-3228	66	1	central	central	ADJ
cjal-3228	66	2	planning	planning	NOUN
cjal-3228	66	3	ensured	ensure	VERB
cjal-3228	66	4	that	that	SCONJ
cjal-3228	66	5	the	the	DET
cjal-3228	66	6	overall	overall	ADJ
cjal-3228	66	7	trade	trade	NOUN
cjal-3228	66	8	balance	balance	NOUN
cjal-3228	66	9	was	be	AUX
cjal-3228	66	10	not	not	PART
cjal-3228	66	11	allowed	allow	VERB
cjal-3228	66	12	to	to	PART
cjal-3228	66	13	diverge	diverge	VERB
cjal-3228	66	14	far	far	ADV
cjal-3228	66	15	from	from	ADP
cjal-3228	66	16	equilibrium	equilibrium	NOUN
cjal-3228	66	17	,	,	PUNCT
cjal-3228	66	18	but	but	CCONJ
cjal-3228	66	19	,	,	PUNCT
cjal-3228	66	20	because	because	SCONJ
cjal-3228	66	21	the	the	DET
cjal-3228	66	22	central	central	ADJ
cjal-3228	66	23	government	government	NOUN
cjal-3228	66	24	did	do	AUX
cjal-3228	66	25	not	not	PART
cjal-3228	66	26	promote	promote	VERB
cjal-3228	66	27	or	or	CCONJ
cjal-3228	66	28	incentivize	incentivize	VERB
cjal-3228	66	29	exports	export	NOUN
cjal-3228	66	30	,	,	PUNCT
cjal-3228	66	31	7	7	NUM
cjal-3228	66	32	total	total	ADJ
cjal-3228	66	33	foreign	foreign	ADJ
cjal-3228	66	34	trade	trade	NOUN
cjal-3228	66	35	remained	remain	VERB
cjal-3228	66	36	stagnant	stagnant	ADJ
cjal-3228	66	37	and	and	CCONJ
cjal-3228	66	38	china	china	PROPN
cjal-3228	66	39	's	's	PART
cjal-3228	66	40	foreign	foreign	ADJ
cjal-3228	66	41	exchange	exchange	NOUN
cjal-3228	66	42	reserves	reserve	NOUN
cjal-3228	66	43	remained	remain	VERB
cjal-3228	66	44	small	small	ADJ
cjal-3228	66	45	.	.	PUNCT
cjal-3228	67	1	lacking	lack	VERB
cjal-3228	67	2	export	export	NOUN
cjal-3228	67	3	revenues	revenue	NOUN
cjal-3228	67	4	,	,	PUNCT
cjal-3228	67	5	6	6	NUM
cjal-3228	67	6	during	during	ADP
cjal-3228	67	7	the	the	DET
cjal-3228	67	8	early	early	ADJ
cjal-3228	67	9	years	year	NOUN
cjal-3228	67	10	of	of	ADP
cjal-3228	67	11	the	the	DET
cjal-3228	67	12	communist	communist	ADJ
cjal-3228	67	13	government	government	NOUN
cjal-3228	67	14	,	,	PUNCT
cjal-3228	67	15	the	the	DET
cjal-3228	67	16	exchange	exchange	NOUN
cjal-3228	67	17	rate	rate	NOUN
cjal-3228	67	18	was	be	AUX
cjal-3228	67	19	allowed	allow	VERB
cjal-3228	67	20	to	to	PART
cjal-3228	67	21	fluctuate	fluctuate	VERB
cjal-3228	67	22	dramatically	dramatically	ADV
cjal-3228	67	23	roughly	roughly	ADV
cjal-3228	67	24	according	accord	VERB
cjal-3228	67	25	to	to	ADP
cjal-3228	67	26	its	its	PRON
cjal-3228	67	27	purchasing	purchase	VERB
cjal-3228	67	28	power	power	NOUN
cjal-3228	67	29	parity	parity	NOUN
cjal-3228	67	30	value	value	NOUN
cjal-3228	67	31	.	.	PUNCT
cjal-3228	68	1	due	due	ADP
cjal-3228	68	2	to	to	ADP
cjal-3228	68	3	high	high	ADJ
cjal-3228	68	4	inflation	inflation	NOUN
cjal-3228	68	5	in	in	ADP
cjal-3228	68	6	china	china	PROPN
cjal-3228	68	7	and	and	CCONJ
cjal-3228	68	8	the	the	DET
cjal-3228	68	9	desire	desire	NOUN
cjal-3228	68	10	to	to	PART
cjal-3228	68	11	stimulate	stimulate	VERB
cjal-3228	68	12	exports	export	NOUN
cjal-3228	68	13	,	,	PUNCT
cjal-3228	68	14	the	the	DET
cjal-3228	68	15	"	"	PUNCT
cjal-3228	68	16	old	old	ADJ
cjal-3228	68	17	renminbi	renminbi	NOUN
cjal-3228	68	18	"	"	PUNCT
cjal-3228	68	19	depreciated	depreciate	VERB
cjal-3228	68	20	from	from	ADP
cjal-3228	68	21	80	80	NUM
cjal-3228	68	22	per	per	ADP
cjal-3228	68	23	u.s	u.s	PROPN
cjal-3228	68	24	.	.	PROPN
cjal-3228	68	25	dollar	dollar	NOUN
cjal-3228	68	26	in	in	ADP
cjal-3228	68	27	january	january	PROPN
cjal-3228	68	28	1949	1949	NUM
cjal-3228	68	29	to	to	ADP
cjal-3228	68	30	42,000	42,000	NUM
cjal-3228	68	31	to	to	ADP
cjal-3228	68	32	the	the	DET
cjal-3228	68	33	dollar	dollar	NOUN
cjal-3228	68	34	in	in	ADP
cjal-3228	68	35	march	march	PROPN
cjal-3228	68	36	1950	1950	NUM
cjal-3228	68	37	.	.	PUNCT
cjal-3228	69	1	as	as	SCONJ
cjal-3228	69	2	china	china	PROPN
cjal-3228	69	3	's	's	PART
cjal-3228	69	4	inflation	inflation	NOUN
cjal-3228	69	5	rate	rate	NOUN
cjal-3228	69	6	stabilized	stabilize	VERB
cjal-3228	69	7	and	and	CCONJ
cjal-3228	69	8	the	the	DET
cjal-3228	69	9	country	country	NOUN
cjal-3228	69	10	shifted	shift	VERB
cjal-3228	69	11	towards	towards	ADP
cjal-3228	69	12	an	an	DET
cjal-3228	69	13	autarkic	autarkic	ADJ
cjal-3228	69	14	economic	economic	ADJ
cjal-3228	69	15	model	model	NOUN
cjal-3228	69	16	,	,	PUNCT
cjal-3228	69	17	the	the	DET
cjal-3228	69	18	old	old	ADJ
cjal-3228	69	19	rmb	rmb	NOUN
cjal-3228	69	20	appreciated	appreciate	VERB
cjal-3228	69	21	back	back	ADV
cjal-3228	69	22	to	to	ADP
cjal-3228	69	23	26,140	26,140	NUM
cjal-3228	69	24	per	per	ADP
cjal-3228	69	25	dollar	dollar	NOUN
cjal-3228	69	26	by	by	ADP
cjal-3228	69	27	the	the	DET
cjal-3228	69	28	end	end	NOUN
cjal-3228	69	29	of	of	ADP
cjal-3228	69	30	1952	1952	NUM
cjal-3228	69	31	.	.	PUNCT
cjal-3228	70	1	in	in	ADP
cjal-3228	70	2	1955	1955	NUM
cjal-3228	70	3	old	old	ADJ
cjal-3228	70	4	rmb	rmb	PROPN
cjal-3228	70	5	notes	note	NOUN
cjal-3228	70	6	were	be	AUX
cjal-3228	70	7	replaced	replace	VERB
cjal-3228	70	8	by	by	ADP
cjal-3228	70	9	new	new	ADJ
cjal-3228	70	10	rmb	rmb	NOUN
cjal-3228	70	11	notes	note	NOUN
cjal-3228	70	12	at	at	ADP
cjal-3228	70	13	a	a	DET
cjal-3228	70	14	rate	rate	NOUN
cjal-3228	70	15	of	of	ADP
cjal-3228	70	16	1	1	NUM
cjal-3228	70	17	new	new	ADJ
cjal-3228	70	18	rmb	rmb	NOUN
cjal-3228	70	19	=	=	NOUN
cjal-3228	70	20	10,000	10,000	NUM
cjal-3228	70	21	old	old	ADJ
cjal-3228	70	22	rmb	rmb	NOUN
cjal-3228	70	23	.	.	PUNCT
cjal-3228	71	1	the	the	DET
cjal-3228	71	2	exchange	exchange	NOUN
cjal-3228	71	3	rate	rate	NOUN
cjal-3228	71	4	remained	remain	VERB
cjal-3228	71	5	essentially	essentially	ADV
cjal-3228	71	6	unchanged	unchanged	ADJ
cjal-3228	71	7	,	,	PUNCT
cjal-3228	71	8	at	at	ADP
cjal-3228	71	9	approximately	approximately	ADV
cjal-3228	71	10	2.5	2.5	NUM
cjal-3228	71	11	rmb	rmb	NOUN
cjal-3228	71	12	to	to	ADP
cjal-3228	71	13	the	the	DET
cjal-3228	71	14	dollar	dollar	NOUN
cjal-3228	71	15	,	,	PUNCT
cjal-3228	71	16	from	from	ADP
cjal-3228	71	17	then	then	ADV
cjal-3228	71	18	until	until	ADP
cjal-3228	71	19	the	the	DET
cjal-3228	71	20	collapse	collapse	NOUN
cjal-3228	71	21	of	of	ADP
cjal-3228	71	22	the	the	DET
cjal-3228	71	23	bretton	bretton	PROPN
cjal-3228	71	24	woods	woods	PROPN
cjal-3228	71	25	fixed	fix	VERB
cjal-3228	71	26	exchange	exchange	NOUN
cjal-3228	71	27	rate	rate	NOUN
cjal-3228	71	28	regime	regime	NOUN
cjal-3228	71	29	in	in	ADP
cjal-3228	71	30	the	the	DET
cjal-3228	71	31	early	early	ADJ
cjal-3228	71	32	1970	1970	NUM
cjal-3228	71	33	's	's	PART
cjal-3228	71	34	.	.	PUNCT
cjal-3228	72	1	see	see	VERB
cjal-3228	72	2	china	china	PROPN
cjal-3228	72	3	's	's	PART
cjal-3228	72	4	foreign	foreign	ADJ
cjal-3228	72	5	exchange	exchange	NOUN
cjal-3228	72	6	market	market	NOUN
cjal-3228	72	7	,	,	PUNCT
cjal-3228	72	8	supra	supra	PROPN
cjal-3228	72	9	note	note	NOUN
cjal-3228	72	10	3	3	NUM
cjal-3228	72	11	,	,	PUNCT
cjal-3228	72	12	121	121	NUM
cjal-3228	72	13	-	-	SYM
cjal-3228	72	14	125.7	125.7	NUM
cjal-3228	72	15	like	like	ADP
cjal-3228	72	16	many	many	ADJ
cjal-3228	72	17	other	other	ADJ
cjal-3228	72	18	developing	develop	VERB
cjal-3228	72	19	countries	country	NOUN
cjal-3228	72	20	in	in	ADP
cjal-3228	72	21	the	the	DET
cjal-3228	72	22	early	early	ADJ
cjal-3228	72	23	post	post	ADJ
cjal-3228	72	24	-	-	ADJ
cjal-3228	72	25	war	war	ADJ
cjal-3228	72	26	years	year	NOUN
cjal-3228	72	27	,	,	PUNCT
cjal-3228	72	28	china	china	PROPN
cjal-3228	72	29	adopted	adopt	VERB
cjal-3228	72	30	"	"	PUNCT
cjal-3228	72	31	import	import	NOUN
cjal-3228	72	32	substitution	substitution	NOUN
cjal-3228	72	33	"	"	PUNCT
cjal-3228	72	34	economic	economic	ADJ
cjal-3228	72	35	policies	policy	NOUN
cjal-3228	72	36	,	,	PUNCT
cjal-3228	72	37	which	which	PRON
cjal-3228	72	38	de	de	VERB
cjal-3228	72	39	-	-	VERB
cjal-3228	72	40	emphasized	emphasize	VERB
cjal-3228	72	41	the	the	DET
cjal-3228	72	42	role	role	NOUN
cjal-3228	72	43	of	of	ADP
cjal-3228	72	44	international	international	ADJ
cjal-3228	72	45	trade	trade	NOUN
cjal-3228	72	46	in	in	ADP
cjal-3228	72	47	economic	economic	ADJ
cjal-3228	72	48	development	development	NOUN
cjal-3228	72	49	.	.	PUNCT
cjal-3228	73	1	under	under	ADP
cjal-3228	73	2	this	this	DET
cjal-3228	73	3	development	development	NOUN
cjal-3228	73	4	model	model	NOUN
cjal-3228	73	5	,	,	PUNCT
cjal-3228	73	6	exports	export	NOUN
cjal-3228	73	7	were	be	AUX
cjal-3228	73	8	used	use	VERB
cjal-3228	73	9	primarily	primarily	ADV
cjal-3228	73	10	to	to	PART
cjal-3228	73	11	finance	finance	VERB
cjal-3228	73	12	needed	need	VERB
cjal-3228	73	13	imports	import	NOUN
cjal-3228	73	14	,	,	PUNCT
cjal-3228	73	15	and	and	CCONJ
cjal-3228	73	16	were	be	AUX
cjal-3228	73	17	not	not	PART
cjal-3228	73	18	considered	consider	VERB
cjal-3228	73	19	to	to	PART
cjal-3228	73	20	be	be	AUX
cjal-3228	73	21	drivers	driver	NOUN
cjal-3228	73	22	of	of	ADP
cjal-3228	73	23	economic	economic	ADJ
cjal-3228	73	24	growth	growth	NOUN
cjal-3228	73	25	.	.	PUNCT
cjal-3228	74	1	designated	designate	VERB
cjal-3228	74	2	enterprises	enterprise	NOUN
cjal-3228	74	3	were	be	AUX
cjal-3228	74	4	given	give	VERB
cjal-3228	74	5	export	export	NOUN
cjal-3228	74	6	quotas	quota	NOUN
cjal-3228	74	7	,	,	PUNCT
cjal-3228	74	8	but	but	CCONJ
cjal-3228	74	9	had	have	VERB
cjal-3228	74	10	no	no	DET
cjal-3228	74	11	incentive	incentive	NOUN
cjal-3228	74	12	to	to	PART
cjal-3228	74	13	increase	increase	VERB
cjal-3228	74	14	their	their	PRON
cjal-3228	74	15	exports	export	NOUN
cjal-3228	74	16	,	,	PUNCT
cjal-3228	74	17	as	as	SCONJ
cjal-3228	74	18	they	they	PRON
cjal-3228	74	19	would	would	AUX
cjal-3228	74	20	not	not	PART
cjal-3228	74	21	share	share	VERB
cjal-3228	74	22	in	in	ADP
cjal-3228	74	23	any	any	DET
cjal-3228	74	24	profits	profit	NOUN
cjal-3228	74	25	earned	earn	VERB
cjal-3228	74	26	.	.	PUNCT
cjal-3228	75	1	see	see	VERB
cjal-3228	75	2	nicholas	nicholas	PROPN
cjal-3228	75	3	lardy	lardy	ADJ
cjal-3228	75	4	,	,	PUNCT
cjal-3228	75	5	foreign	foreign	ADJ
cjal-3228	75	6	trade	trade	NOUN
cjal-3228	75	7	and	and	CCONJ
cjal-3228	75	8	economic	economic	ADJ
cjal-3228	75	9	reform	reform	NOUN
cjal-3228	75	10	in	in	ADP
cjal-3228	75	11	china	china	PROPN
cjal-3228	75	12	,	,	PUNCT
cjal-3228	75	13	1978	1978	NUM
cjal-3228	75	14	-	-	SYM
cjal-3228	75	15	1990	1990	NUM
cjal-3228	75	16	,	,	PUNCT
cjal-3228	75	17	17	17	NUM
cjal-3228	75	18	-	-	SYM
cjal-3228	75	19	19	19	NUM
cjal-3228	75	20	(	(	PUNCT
cjal-3228	75	21	1992	1992	NUM
cjal-3228	75	22	)	)	PUNCT
cjal-3228	75	23	.	.	PUNCT
cjal-3228	76	1	2004	2004	NUM
cjal-3228	76	2	]	]	PUNCT
cjal-3228	76	3	columbia	columbia	PROPN
cjal-3228	76	4	journal	journal	PROPN
cjal-3228	76	5	of	of	ADP
cjal-3228	76	6	asian	asian	ADJ
cjal-3228	76	7	law	law	NOUN
cjal-3228	76	8	china	china	PROPN
cjal-3228	76	9	could	could	AUX
cjal-3228	76	10	not	not	PART
cjal-3228	76	11	afford	afford	VERB
cjal-3228	76	12	the	the	DET
cjal-3228	76	13	imports	import	NOUN
cjal-3228	76	14	necessary	necessary	ADJ
cjal-3228	76	15	to	to	PART
cjal-3228	76	16	raise	raise	VERB
cjal-3228	76	17	standards	standard	NOUN
cjal-3228	76	18	of	of	ADP
cjal-3228	76	19	living	living	NOUN
cjal-3228	76	20	.	.	PUNCT
cjal-3228	77	1	during	during	ADP
cjal-3228	77	2	this	this	DET
cjal-3228	77	3	period	period	NOUN
cjal-3228	77	4	,	,	PUNCT
cjal-3228	77	5	the	the	DET
cjal-3228	77	6	rub	rub	NOUN
cjal-3228	77	7	exchange	exchange	NOUN
cjal-3228	77	8	rate	rate	NOUN
cjal-3228	77	9	was	be	AUX
cjal-3228	77	10	set	set	VERB
cjal-3228	77	11	by	by	ADP
cjal-3228	77	12	government	government	NOUN
cjal-3228	77	13	fiat	fiat	NOUN
cjal-3228	77	14	.	.	PUNCT
cjal-3228	78	1	after	after	ADP
cjal-3228	78	2	initially	initially	ADV
cjal-3228	78	3	allowing	allow	VERB
cjal-3228	78	4	the	the	DET
cjal-3228	78	5	rmb	rmb	NOUN
cjal-3228	78	6	to	to	PART
cjal-3228	78	7	depreciate	depreciate	VERB
cjal-3228	78	8	substantially	substantially	ADV
cjal-3228	78	9	,	,	PUNCT
cjal-3228	78	10	the	the	DET
cjal-3228	78	11	communist	communist	ADJ
cjal-3228	78	12	government	government	NOUN
cjal-3228	78	13	fixed	fix	VERB
cjal-3228	78	14	the	the	DET
cjal-3228	78	15	exchange	exchange	NOUN
cjal-3228	78	16	rate	rate	NOUN
cjal-3228	78	17	at	at	ADP
cjal-3228	78	18	approximately	approximately	ADV
cjal-3228	78	19	2.5	2.5	NUM
cjal-3228	78	20	rmb	rmb	NOUN
cjal-3228	78	21	per	per	ADP
cjal-3228	78	22	dollar	dollar	NOUN
cjal-3228	78	23	by	by	ADP
cjal-3228	78	24	the	the	DET
cjal-3228	78	25	mid-'50s	mid-'50	NOUN
cjal-3228	78	26	.	.	PUNCT
cjal-3228	79	1	although	although	SCONJ
cjal-3228	79	2	the	the	DET
cjal-3228	79	3	nominal	nominal	ADJ
cjal-3228	79	4	rate	rate	NOUN
cjal-3228	79	5	was	be	AUX
cjal-3228	79	6	fixed	fix	VERB
cjal-3228	79	7	,	,	PUNCT
cjal-3228	79	8	the	the	DET
cjal-3228	79	9	rmb	rmb	NOUN
cjal-3228	79	10	steadily	steadily	ADV
cjal-3228	79	11	appreciated	appreciate	VERB
cjal-3228	79	12	in	in	ADP
cjal-3228	79	13	real	real	ADJ
cjal-3228	79	14	terms	term	NOUN
cjal-3228	79	15	over	over	ADP
cjal-3228	79	16	the	the	DET
cjal-3228	79	17	next	next	ADJ
cjal-3228	79	18	several	several	ADJ
cjal-3228	79	19	decades	decade	NOUN
cjal-3228	79	20	,	,	PUNCT
cjal-3228	79	21	becoming	become	VERB
cjal-3228	79	22	significantly	significantly	ADV
cjal-3228	79	23	overvalued	overvalue	VERB
cjal-3228	79	24	by	by	ADP
cjal-3228	79	25	the	the	DET
cjal-3228	79	26	early	early	ADJ
cjal-3228	79	27	1960s	1960	NOUN
cjal-3228	79	28	.	.	PUNCT
cjal-3228	80	1	8	8	NUM
cjal-3228	80	2	the	the	DET
cjal-3228	80	3	overvaluation	overvaluation	NOUN
cjal-3228	80	4	,	,	PUNCT
cjal-3228	80	5	however	however	ADV
cjal-3228	80	6	,	,	PUNCT
cjal-3228	80	7	meant	mean	VERB
cjal-3228	80	8	little	little	ADJ
cjal-3228	80	9	to	to	ADP
cjal-3228	80	10	china	china	PROPN
cjal-3228	80	11	's	's	PART
cjal-3228	80	12	external	external	ADJ
cjal-3228	80	13	trade	trade	NOUN
cjal-3228	80	14	balance	balance	NOUN
cjal-3228	80	15	since	since	ADV
cjal-3228	80	16	,	,	PUNCT
cjal-3228	80	17	under	under	ADP
cjal-3228	80	18	the	the	DET
cjal-3228	80	19	planned	plan	VERB
cjal-3228	80	20	economy	economy	NOUN
cjal-3228	80	21	,	,	PUNCT
cjal-3228	80	22	no	no	ADV
cjal-3228	80	23	matter	matter	ADV
cjal-3228	80	24	what	what	PRON
cjal-3228	80	25	the	the	DET
cjal-3228	80	26	exchange	exchange	NOUN
cjal-3228	80	27	rate	rate	NOUN
cjal-3228	80	28	was	be	AUX
cjal-3228	80	29	,	,	PUNCT
cjal-3228	80	30	a	a	DET
cjal-3228	80	31	trade	trade	NOUN
cjal-3228	80	32	balance	balance	NOUN
cjal-3228	80	33	in	in	ADP
cjal-3228	80	34	terms	term	NOUN
cjal-3228	80	35	of	of	ADP
cjal-3228	80	36	international	international	ADJ
cjal-3228	80	37	prices	price	NOUN
cjal-3228	80	38	was	be	AUX
cjal-3228	80	39	guaranteed	guarantee	VERB
cjal-3228	80	40	.	.	PUNCT
cjal-3228	81	1	as	as	SCONJ
cjal-3228	81	2	the	the	DET
cjal-3228	81	3	central	central	ADJ
cjal-3228	81	4	government	government	NOUN
cjal-3228	81	5	controlled	control	VERB
cjal-3228	81	6	all	all	DET
cjal-3228	81	7	foreign	foreign	ADJ
cjal-3228	81	8	currency	currency	NOUN
cjal-3228	81	9	and	and	CCONJ
cjal-3228	81	10	directed	direct	VERB
cjal-3228	81	11	all	all	DET
cjal-3228	81	12	foreign	foreign	ADJ
cjal-3228	81	13	trade	trade	NOUN
cjal-3228	81	14	,	,	PUNCT
cjal-3228	81	15	it	it	PRON
cjal-3228	81	16	could	could	AUX
cjal-3228	81	17	ensure	ensure	VERB
cjal-3228	81	18	that	that	SCONJ
cjal-3228	81	19	all	all	DET
cjal-3228	81	20	imports	import	NOUN
cjal-3228	81	21	were	be	AUX
cjal-3228	81	22	sufficiently	sufficiently	ADV
cjal-3228	81	23	financed	finance	VERB
cjal-3228	81	24	by	by	ADP
cjal-3228	81	25	foreign	foreign	ADJ
cjal-3228	81	26	currency	currency	NOUN
cjal-3228	81	27	earnings	earning	NOUN
cjal-3228	81	28	.	.	PUNCT
cjal-3228	82	1	the	the	DET
cjal-3228	82	2	overvalued	overvalue	VERB
cjal-3228	82	3	exchange	exchange	NOUN
cjal-3228	82	4	rate	rate	NOUN
cjal-3228	82	5	allowed	allow	VERB
cjal-3228	82	6	importers	importer	NOUN
cjal-3228	82	7	to	to	PART
cjal-3228	82	8	earn	earn	VERB
cjal-3228	82	9	excess	excess	ADJ
cjal-3228	82	10	profits	profit	NOUN
cjal-3228	82	11	,	,	PUNCT
cjal-3228	82	12	which	which	PRON
cjal-3228	82	13	served	serve	VERB
cjal-3228	82	14	to	to	PART
cjal-3228	82	15	offset	offset	VERB
cjal-3228	82	16	the	the	DET
cjal-3228	82	17	losses	loss	NOUN
cjal-3228	82	18	sustained	sustain	VERB
cjal-3228	82	19	by	by	ADP
cjal-3228	82	20	exporters	exporter	NOUN
cjal-3228	82	21	.	.	PUNCT
cjal-3228	83	1	in	in	ADP
cjal-3228	83	2	this	this	DET
cjal-3228	83	3	way	way	NOUN
cjal-3228	83	4	the	the	DET
cjal-3228	83	5	exchange	exchange	NOUN
cjal-3228	83	6	rate	rate	NOUN
cjal-3228	83	7	served	serve	VERB
cjal-3228	83	8	merely	merely	ADV
cjal-3228	83	9	as	as	ADP
cjal-3228	83	10	a	a	DET
cjal-3228	83	11	tool	tool	NOUN
cjal-3228	83	12	with	with	ADP
cjal-3228	83	13	which	which	PRON
cjal-3228	83	14	to	to	PART
cjal-3228	83	15	adjust	adjust	VERB
cjal-3228	83	16	the	the	DET
cjal-3228	83	17	relative	relative	ADJ
cjal-3228	83	18	balance	balance	NOUN
cjal-3228	83	19	of	of	ADP
cjal-3228	83	20	profits	profit	NOUN
cjal-3228	83	21	and	and	CCONJ
cjal-3228	83	22	losses	loss	NOUN
cjal-3228	83	23	between	between	ADP
cjal-3228	83	24	importers	importer	NOUN
cjal-3228	83	25	and	and	CCONJ
cjal-3228	83	26	exporters	exporter	NOUN
cjal-3228	83	27	,	,	PUNCT
cjal-3228	83	28	without	without	ADP
cjal-3228	83	29	affecting	affect	VERB
cjal-3228	83	30	the	the	DET
cjal-3228	83	31	actual	actual	ADJ
cjal-3228	83	32	levels	level	NOUN
cjal-3228	83	33	of	of	ADP
cjal-3228	83	34	imports	import	NOUN
cjal-3228	83	35	and	and	CCONJ
cjal-3228	83	36	exports	export	NOUN
cjal-3228	83	37	.	.	PUNCT
cjal-3228	84	1	moreover	moreover	ADV
cjal-3228	84	2	,	,	PUNCT
cjal-3228	84	3	as	as	SCONJ
cjal-3228	84	4	neither	neither	CCONJ
cjal-3228	84	5	the	the	DET
cjal-3228	84	6	exchange	exchange	NOUN
cjal-3228	84	7	rate	rate	NOUN
cjal-3228	84	8	nor	nor	CCONJ
cjal-3228	84	9	domestic	domestic	ADJ
cjal-3228	84	10	prices	price	NOUN
cjal-3228	84	11	were	be	AUX
cjal-3228	84	12	allowed	allow	VERB
cjal-3228	84	13	to	to	PART
cjal-3228	84	14	adjust	adjust	VERB
cjal-3228	84	15	relative	relative	ADJ
cjal-3228	84	16	to	to	ADP
cjal-3228	84	17	their	their	PRON
cjal-3228	84	18	international	international	ADJ
cjal-3228	84	19	competitiveness	competitiveness	NOUN
cjal-3228	84	20	,	,	PUNCT
cjal-3228	84	21	the	the	DET
cjal-3228	84	22	composition	composition	NOUN
cjal-3228	84	23	of	of	ADP
cjal-3228	84	24	china	china	PROPN
cjal-3228	84	25	's	's	PART
cjal-3228	84	26	foreign	foreign	ADJ
cjal-3228	84	27	trade	trade	NOUN
cjal-3228	84	28	during	during	ADP
cjal-3228	84	29	this	this	DET
cjal-3228	84	30	period	period	NOUN
cjal-3228	84	31	had	have	VERB
cjal-3228	84	32	little	little	ADJ
cjal-3228	84	33	relation	relation	NOUN
cjal-3228	84	34	to	to	ADP
cjal-3228	84	35	the	the	DET
cjal-3228	84	36	economic	economic	ADJ
cjal-3228	84	37	principles	principle	NOUN
cjal-3228	84	38	of	of	ADP
cjal-3228	84	39	comparative	comparative	ADJ
cjal-3228	84	40	advantage	advantage	NOUN
cjal-3228	84	41	.	.	PUNCT
cjal-3228	85	1	the	the	DET
cjal-3228	85	2	result	result	NOUN
cjal-3228	85	3	was	be	AUX
cjal-3228	85	4	a	a	DET
cjal-3228	85	5	distorted	distorted	ADJ
cjal-3228	85	6	and	and	CCONJ
cjal-3228	85	7	dysfunctional	dysfunctional	ADJ
cjal-3228	85	8	foreign	foreign	ADJ
cjal-3228	85	9	trade	trade	NOUN
cjal-3228	85	10	sector	sector	NOUN
cjal-3228	85	11	that	that	PRON
cjal-3228	85	12	contributed	contribute	VERB
cjal-3228	85	13	very	very	ADV
cjal-3228	85	14	little	little	ADJ
cjal-3228	85	15	to	to	ADP
cjal-3228	85	16	china	china	PROPN
cjal-3228	85	17	's	's	PART
cjal-3228	85	18	modernization	modernization	NOUN
cjal-3228	85	19	.	.	PUNCT
cjal-3228	86	1	c.	c.	NOUN
cjal-3228	86	2	1979	1979	NUM
cjal-3228	86	3	-	-	SYM
cjal-3228	86	4	1993	1993	NUM
cjal-3228	86	5	:	:	PUNCT
cjal-3228	86	6	decentralization	decentralization	NOUN
cjal-3228	86	7	and	and	CCONJ
cjal-3228	86	8	managed	manage	VERB
cjal-3228	86	9	market	market	NOUN
cjal-3228	86	10	forces	force	NOUN
cjal-3228	86	11	between	between	ADP
cjal-3228	86	12	1979	1979	NUM
cjal-3228	86	13	and	and	CCONJ
cjal-3228	86	14	1994	1994	NUM
cjal-3228	86	15	a	a	DET
cjal-3228	86	16	series	series	NOUN
cjal-3228	86	17	of	of	ADP
cjal-3228	86	18	major	major	ADJ
cjal-3228	86	19	reforms	reform	NOUN
cjal-3228	86	20	to	to	ADP
cjal-3228	86	21	china	china	PROPN
cjal-3228	86	22	's	's	PART
cjal-3228	86	23	foreign	foreign	ADJ
cjal-3228	86	24	exchange	exchange	NOUN
cjal-3228	86	25	regime	regime	NOUN
cjal-3228	86	26	radically	radically	ADV
cjal-3228	86	27	altered	alter	VERB
cjal-3228	86	28	the	the	DET
cjal-3228	86	29	control	control	NOUN
cjal-3228	86	30	and	and	CCONJ
cjal-3228	86	31	distribution	distribution	NOUN
cjal-3228	86	32	of	of	ADP
cjal-3228	86	33	foreign	foreign	ADJ
cjal-3228	86	34	exchange	exchange	NOUN
cjal-3228	86	35	within	within	ADP
cjal-3228	86	36	the	the	DET
cjal-3228	86	37	chinese	chinese	ADJ
cjal-3228	86	38	economy	economy	NOUN
cjal-3228	86	39	and	and	CCONJ
cjal-3228	86	40	paved	pave	VERB
cjal-3228	86	41	the	the	DET
cjal-3228	86	42	way	way	NOUN
cjal-3228	86	43	for	for	ADP
cjal-3228	86	44	future	future	ADJ
cjal-3228	86	45	liberalization	liberalization	NOUN
cjal-3228	86	46	in	in	ADP
cjal-3228	86	47	the	the	DET
cjal-3228	86	48	1990s	1990s	NUM
cjal-3228	86	49	.	.	PUNCT
cjal-3228	87	1	the	the	DET
cjal-3228	87	2	reforms	reform	NOUN
cjal-3228	87	3	were	be	AUX
cjal-3228	87	4	part	part	NOUN
cjal-3228	87	5	and	and	CCONJ
cjal-3228	87	6	parcel	parcel	NOUN
cjal-3228	87	7	of	of	ADP
cjal-3228	87	8	deng	deng	PROPN
cjal-3228	87	9	xiaoping	xiaoping	PROPN
cjal-3228	87	10	's	's	PART
cjal-3228	87	11	overall	overall	ADJ
cjal-3228	87	12	"	"	PUNCT
cjal-3228	87	13	reform	reform	NOUN
cjal-3228	87	14	and	and	CCONJ
cjal-3228	87	15	opening	opening	NOUN
cjal-3228	87	16	"	"	PUNCT
cjal-3228	87	17	(	(	PUNCT
cjal-3228	87	18	gaige	gaige	PROPN
cjal-3228	87	19	kaifang	kaifang	PROPN
cjal-3228	87	20	)	)	PUNCT
cjal-3228	87	21	policy	policy	NOUN
cjal-3228	87	22	,	,	PUNCT
cjal-3228	87	23	which	which	PRON
cjal-3228	87	24	sought	seek	VERB
cjal-3228	87	25	to	to	PART
cjal-3228	87	26	spur	spur	VERB
cjal-3228	87	27	rapid	rapid	ADJ
cjal-3228	87	28	economic	economic	ADJ
cjal-3228	87	29	development	development	NOUN
cjal-3228	87	30	through	through	ADP
cjal-3228	87	31	increased	increase	VERB
cjal-3228	87	32	8	8	NUM
cjal-3228	87	33	i	i	PRON
cjal-3228	87	34	d.	d.	NOUN
cjal-3228	87	35	at	at	ADP
cjal-3228	87	36	24	24	NUM
cjal-3228	87	37	-	-	SYM
cjal-3228	87	38	29	29	NUM
cjal-3228	87	39	.	.	PUNCT
cjal-3228	88	1	the	the	DET
cjal-3228	88	2	overvaluation	overvaluation	NOUN
cjal-3228	88	3	was	be	AUX
cjal-3228	88	4	the	the	DET
cjal-3228	88	5	result	result	NOUN
cjal-3228	88	6	of	of	ADP
cjal-3228	88	7	the	the	DET
cjal-3228	88	8	gradual	gradual	ADJ
cjal-3228	88	9	divergence	divergence	NOUN
cjal-3228	88	10	between	between	ADP
cjal-3228	88	11	domestic	domestic	ADJ
cjal-3228	88	12	prices	price	NOUN
cjal-3228	88	13	,	,	PUNCT
cjal-3228	88	14	set	set	VERB
cjal-3228	88	15	by	by	ADP
cjal-3228	88	16	the	the	DET
cjal-3228	88	17	government	government	NOUN
cjal-3228	88	18	,	,	PUNCT
cjal-3228	88	19	and	and	CCONJ
cjal-3228	88	20	international	international	ADJ
cjal-3228	88	21	prices	price	NOUN
cjal-3228	88	22	,	,	PUNCT
cjal-3228	88	23	set	set	VERB
cjal-3228	88	24	by	by	ADP
cjal-3228	88	25	international	international	ADJ
cjal-3228	88	26	markets	market	NOUN
cjal-3228	88	27	.	.	PUNCT
cjal-3228	89	1	since	since	SCONJ
cjal-3228	89	2	the	the	DET
cjal-3228	89	3	nominal	nominal	ADJ
cjal-3228	89	4	exchange	exchange	NOUN
cjal-3228	89	5	rate	rate	NOUN
cjal-3228	89	6	was	be	AUX
cjal-3228	89	7	not	not	PART
cjal-3228	89	8	adjusted	adjust	VERB
cjal-3228	89	9	sufficiently	sufficiently	ADV
cjal-3228	89	10	to	to	PART
cjal-3228	89	11	offset	offset	VERB
cjal-3228	89	12	the	the	DET
cjal-3228	89	13	price	price	NOUN
cjal-3228	89	14	differentials	differential	NOUN
cjal-3228	89	15	,	,	PUNCT
cjal-3228	89	16	as	as	SCONJ
cjal-3228	89	17	domestic	domestic	ADJ
cjal-3228	89	18	prices	price	NOUN
cjal-3228	89	19	increased	increase	VERB
cjal-3228	89	20	faster	fast	ADV
cjal-3228	89	21	than	than	ADP
cjal-3228	89	22	international	international	ADJ
cjal-3228	89	23	prices	price	NOUN
cjal-3228	89	24	,	,	PUNCT
cjal-3228	89	25	the	the	DET
cjal-3228	89	26	real	real	ADJ
cjal-3228	89	27	exchange	exchange	NOUN
cjal-3228	89	28	rate	rate	NOUN
cjal-3228	89	29	of	of	ADP
cjal-3228	89	30	the	the	DET
cjal-3228	89	31	rmb	rmb	NOUN
cjal-3228	89	32	became	become	VERB
cjal-3228	89	33	increasingly	increasingly	ADV
cjal-3228	89	34	overvalued	overvalue	VERB
cjal-3228	89	35	.	.	PUNCT
cjal-3228	90	1	[	[	X
cjal-3228	90	2	17:2	17:2	NUM
cjal-3228	90	3	china	china	PROPN
cjal-3228	90	4	's	's	PART
cjal-3228	90	5	system	system	NOUN
cjal-3228	90	6	of	of	ADP
cjal-3228	90	7	foreign	foreign	ADJ
cjal-3228	90	8	exchange	exchange	NOUN
cjal-3228	90	9	exports	export	NOUN
cjal-3228	90	10	and	and	CCONJ
cjal-3228	90	11	the	the	DET
cjal-3228	90	12	gradual	gradual	ADJ
cjal-3228	90	13	introduction	introduction	NOUN
cjal-3228	90	14	of	of	ADP
cjal-3228	90	15	market	market	NOUN
cjal-3228	90	16	forces	force	NOUN
cjal-3228	90	17	and	and	CCONJ
cjal-3228	90	18	a	a	DET
cjal-3228	90	19	private	private	ADJ
cjal-3228	90	20	sector	sector	NOUN
cjal-3228	90	21	including	include	VERB
cjal-3228	90	22	foreign	foreign	ADJ
cjal-3228	90	23	-	-	PUNCT
cjal-3228	90	24	invested	invest	VERB
cjal-3228	90	25	enterprises	enterprise	NOUN
cjal-3228	90	26	(	(	PUNCT
cjal-3228	90	27	fies	fie	NOUN
cjal-3228	90	28	)	)	PUNCT
cjal-3228	90	29	into	into	ADP
cjal-3228	90	30	china	china	PROPN
cjal-3228	90	31	's	's	PART
cjal-3228	90	32	economy	economy	NOUN
cjal-3228	90	33	.	.	PUNCT
cjal-3228	91	1	in	in	ADP
cjal-3228	91	2	order	order	NOUN
cjal-3228	91	3	to	to	PART
cjal-3228	91	4	encourage	encourage	VERB
cjal-3228	91	5	exports	export	NOUN
cjal-3228	91	6	,	,	PUNCT
cjal-3228	91	7	attract	attract	VERB
cjal-3228	91	8	foreign	foreign	ADJ
cjal-3228	91	9	investment	investment	NOUN
cjal-3228	91	10	,	,	PUNCT
cjal-3228	91	11	and	and	CCONJ
cjal-3228	91	12	nurture	nurture	VERB
cjal-3228	91	13	private	private	ADJ
cjal-3228	91	14	enterprises	enterprise	NOUN
cjal-3228	91	15	,	,	PUNCT
cjal-3228	91	16	the	the	DET
cjal-3228	91	17	government	government	NOUN
cjal-3228	91	18	decentralized	decentralize	VERB
cjal-3228	91	19	control	control	NOUN
cjal-3228	91	20	of	of	ADP
cjal-3228	91	21	foreign	foreign	ADJ
cjal-3228	91	22	exchange	exchange	NOUN
cjal-3228	91	23	and	and	CCONJ
cjal-3228	91	24	experimented	experiment	VERB
cjal-3228	91	25	with	with	ADP
cjal-3228	91	26	market	market	NOUN
cjal-3228	91	27	-	-	PUNCT
cjal-3228	91	28	determined	determine	VERB
cjal-3228	91	29	exchange	exchange	NOUN
cjal-3228	91	30	rates	rate	NOUN
cjal-3228	91	31	.	.	PUNCT
cjal-3228	92	1	however	however	ADV
cjal-3228	92	2	,	,	PUNCT
cjal-3228	92	3	as	as	ADP
cjal-3228	92	4	with	with	ADP
cjal-3228	92	5	other	other	ADJ
cjal-3228	92	6	aspects	aspect	NOUN
cjal-3228	92	7	of	of	ADP
cjal-3228	92	8	china	china	PROPN
cjal-3228	92	9	's	's	PART
cjal-3228	92	10	early	early	ADJ
cjal-3228	92	11	economic	economic	ADJ
cjal-3228	92	12	reforms	reform	NOUN
cjal-3228	92	13	,	,	PUNCT
cjal-3228	92	14	deng	deng	PROPN
cjal-3228	92	15	xiaoping	xiaoping	PROPN
cjal-3228	92	16	's	's	PART
cjal-3228	92	17	government	government	NOUN
cjal-3228	92	18	chose	choose	VERB
cjal-3228	92	19	a	a	DET
cjal-3228	92	20	gradualist	gradualist	NOUN
cjal-3228	92	21	,	,	PUNCT
cjal-3228	92	22	heavily	heavily	ADV
cjal-3228	92	23	dirigiste	dirigiste	ADJ
cjal-3228	92	24	development	development	NOUN
cjal-3228	92	25	path	path	NOUN
cjal-3228	92	26	,	,	PUNCT
cjal-3228	92	27	whereby	whereby	SCONJ
cjal-3228	92	28	the	the	DET
cjal-3228	92	29	inherited	inherit	VERB
cjal-3228	92	30	state	state	NOUN
cjal-3228	92	31	-	-	PUNCT
cjal-3228	92	32	owned	own	VERB
cjal-3228	92	33	sector	sector	NOUN
cjal-3228	92	34	continued	continue	VERB
cjal-3228	92	35	to	to	PART
cjal-3228	92	36	exist	exist	VERB
cjal-3228	92	37	side	side	NOUN
cjal-3228	92	38	by	by	ADP
cjal-3228	92	39	side	side	NOUN
cjal-3228	92	40	with	with	ADP
cjal-3228	92	41	the	the	DET
cjal-3228	92	42	newly	newly	ADV
cjal-3228	92	43	burgeoning	burgeon	VERB
cjal-3228	92	44	private	private	ADJ
cjal-3228	92	45	sector	sector	NOUN
cjal-3228	92	46	.	.	PUNCT
cjal-3228	92	47	'	'	PUNCT
cjal-3228	93	1	in	in	ADP
cjal-3228	93	2	the	the	DET
cjal-3228	93	3	context	context	NOUN
cjal-3228	93	4	of	of	ADP
cjal-3228	93	5	foreign	foreign	ADJ
cjal-3228	93	6	exchange	exchange	NOUN
cjal-3228	93	7	management	management	NOUN
cjal-3228	93	8	,	,	PUNCT
cjal-3228	93	9	this	this	DET
cjal-3228	93	10	parallel	parallel	ADJ
cjal-3228	93	11	economy	economy	NOUN
cjal-3228	93	12	approach	approach	NOUN
cjal-3228	93	13	was	be	AUX
cjal-3228	93	14	manifested	manifest	VERB
cjal-3228	93	15	in	in	ADP
cjal-3228	93	16	a	a	DET
cjal-3228	93	17	system	system	NOUN
cjal-3228	93	18	of	of	ADP
cjal-3228	93	19	dual	dual	ADJ
cjal-3228	93	20	foreign	foreign	ADJ
cjal-3228	93	21	exchange	exchange	NOUN
cjal-3228	93	22	markets	market	NOUN
cjal-3228	93	23	and	and	CCONJ
cjal-3228	93	24	multiple	multiple	ADJ
cjal-3228	93	25	exchange	exchange	NOUN
cjal-3228	93	26	rates	rate	NOUN
cjal-3228	93	27	.	.	PUNCT
cjal-3228	94	1	the	the	DET
cjal-3228	94	2	first	first	ADJ
cjal-3228	94	3	major	major	ADJ
cjal-3228	94	4	reform	reform	NOUN
cjal-3228	94	5	of	of	ADP
cjal-3228	94	6	the	the	DET
cjal-3228	94	7	deng	deng	PROPN
cjal-3228	94	8	xiaoping	xiaoping	PROPN
cjal-3228	94	9	era	era	PROPN
cjal-3228	94	10	was	be	AUX
cjal-3228	94	11	the	the	DET
cjal-3228	94	12	creation	creation	NOUN
cjal-3228	94	13	of	of	ADP
cjal-3228	94	14	the	the	DET
cjal-3228	94	15	state	state	NOUN
cjal-3228	94	16	administration	administration	NOUN
cjal-3228	94	17	of	of	ADP
cjal-3228	94	18	foreign	foreign	ADJ
cjal-3228	94	19	exchange	exchange	NOUN
cjal-3228	94	20	(	(	PUNCT
cjal-3228	94	21	safe	safe	ADJ
cjal-3228	94	22	)	)	PUNCT
cjal-3228	94	23	(	(	PUNCT
cjal-3228	94	24	guojia	guojia	NOUN
cjal-3228	94	25	waihui	waihui	PROPN
cjal-3228	94	26	guanli	guanli	PROPN
cjal-3228	94	27	ju	ju	PROPN
cjal-3228	94	28	)	)	PUNCT
cjal-3228	94	29	in	in	ADP
cjal-3228	94	30	1979	1979	NUM
cjal-3228	94	31	.	.	PUNCT
cjal-3228	94	32	'	'	PUNCT
cjal-3228	95	1	0	0	NUM
cjal-3228	95	2	through	through	ADP
cjal-3228	95	3	safe	safe	ADJ
cjal-3228	95	4	,	,	PUNCT
cjal-3228	95	5	the	the	DET
cjal-3228	95	6	central	central	ADJ
cjal-3228	95	7	government	government	NOUN
cjal-3228	95	8	began	begin	VERB
cjal-3228	95	9	developing	develop	VERB
cjal-3228	95	10	a	a	DET
cjal-3228	95	11	regulatory	regulatory	ADJ
cjal-3228	95	12	and	and	CCONJ
cjal-3228	95	13	administrative	administrative	ADJ
cjal-3228	95	14	regime	regime	NOUN
cjal-3228	95	15	for	for	ADP
cjal-3228	95	16	foreign	foreign	ADJ
cjal-3228	95	17	exchange	exchange	NOUN
cjal-3228	95	18	management	management	NOUN
cjal-3228	95	19	as	as	ADP
cjal-3228	95	20	actual	actual	ADJ
cjal-3228	95	21	control	control	NOUN
cjal-3228	95	22	over	over	ADP
cjal-3228	95	23	foreign	foreign	ADJ
cjal-3228	95	24	exchange	exchange	NOUN
cjal-3228	95	25	became	became	AUX
cjal-3228	95	26	increasingly	increasingly	ADV
cjal-3228	95	27	decentralized	decentralize	VERB
cjal-3228	95	28	during	during	ADP
cjal-3228	95	29	the	the	DET
cjal-3228	95	30	1980s	1980s	NUM
cjal-3228	95	31	.	.	PUNCT
cjal-3228	96	1	thus	thus	ADV
cjal-3228	96	2	safe	safe	ADJ
cjal-3228	96	3	enabled	enable	VERB
cjal-3228	96	4	the	the	DET
cjal-3228	96	5	government	government	NOUN
cjal-3228	96	6	to	to	PART
cjal-3228	96	7	shift	shift	VERB
cjal-3228	96	8	from	from	ADP
cjal-3228	96	9	direct	direct	ADJ
cjal-3228	96	10	management	management	NOUN
cjal-3228	96	11	of	of	ADP
cjal-3228	96	12	foreign	foreign	ADJ
cjal-3228	96	13	exchange	exchange	NOUN
cjal-3228	96	14	through	through	ADP
cjal-3228	96	15	central	central	ADJ
cjal-3228	96	16	planning	planning	NOUN
cjal-3228	96	17	to	to	ADP
cjal-3228	96	18	indirect	indirect	ADJ
cjal-3228	96	19	management	management	NOUN
cjal-3228	96	20	through	through	ADP
cjal-3228	96	21	regulatory	regulatory	ADJ
cjal-3228	96	22	supervision	supervision	NOUN
cjal-3228	96	23	.	.	PUNCT
cjal-3228	97	1	one	one	NUM
cjal-3228	97	2	of	of	ADP
cjal-3228	97	3	safe	safe	ADJ
cjal-3228	97	4	's	's	PART
cjal-3228	97	5	most	most	ADV
cjal-3228	97	6	significant	significant	ADJ
cjal-3228	97	7	powers	power	NOUN
cjal-3228	97	8	was	be	AUX
cjal-3228	97	9	the	the	DET
cjal-3228	97	10	authority	authority	NOUN
cjal-3228	97	11	to	to	PART
cjal-3228	97	12	license	license	VERB
cjal-3228	97	13	banks	bank	NOUN
cjal-3228	97	14	and	and	CCONJ
cjal-3228	97	15	non	non	ADJ
cjal-3228	97	16	-	-	ADJ
cjal-3228	97	17	banking	banking	ADJ
cjal-3228	97	18	financial	financial	ADJ
cjal-3228	97	19	institutions	institution	NOUN
cjal-3228	97	20	to	to	PART
cjal-3228	97	21	deal	deal	VERB
cjal-3228	97	22	in	in	ADP
cjal-3228	97	23	foreign	foreign	ADJ
cjal-3228	97	24	exchange	exchange	NOUN
cjal-3228	97	25	,	,	PUNCT
cjal-3228	97	26	eliminating	eliminate	VERB
cjal-3228	97	27	the	the	DET
cjal-3228	97	28	bank	bank	NOUN
cjal-3228	97	29	of	of	ADP
cjal-3228	97	30	china	china	PROPN
cjal-3228	97	31	's	's	PART
cjal-3228	97	32	monopoly	monopoly	NOUN
cjal-3228	97	33	on	on	ADP
cjal-3228	97	34	foreign	foreign	ADJ
cjal-3228	97	35	exchange	exchange	NOUN
cjal-3228	97	36	business	business	NOUN
cjal-3228	97	37	.	.	PUNCT
cjal-3228	98	1	allowing	allow	VERB
cjal-3228	98	2	these	these	DET
cjal-3228	98	3	"	"	PUNCT
cjal-3228	98	4	designated	designate	VERB
cjal-3228	98	5	foreign	foreign	ADJ
cjal-3228	98	6	exchange	exchange	NOUN
cjal-3228	98	7	banks	bank	NOUN
cjal-3228	98	8	"	"	PUNCT
cjal-3228	98	9	(	(	PUNCT
cjal-3228	98	10	waihui	waihui	PROPN
cjal-3228	98	11	zhiding	zhiding	PROPN
cjal-3228	98	12	yinhang	yinhang	PROPN
cjal-3228	98	13	)	)	PUNCT
cjal-3228	98	14	to	to	PART
cjal-3228	98	15	handle	handle	VERB
cjal-3228	98	16	foreign	foreign	ADJ
cjal-3228	98	17	exchange	exchange	NOUN
cjal-3228	98	18	transactions	transaction	NOUN
cjal-3228	98	19	and	and	CCONJ
cjal-3228	98	20	trading	trading	NOUN
cjal-3228	98	21	laid	lay	VERB
cjal-3228	98	22	the	the	DET
cjal-3228	98	23	initial	initial	ADJ
cjal-3228	98	24	foundations	foundation	NOUN
cjal-3228	98	25	for	for	ADP
cjal-3228	98	26	the	the	DET
cjal-3228	98	27	current	current	ADJ
cjal-3228	98	28	interbank	interbank	ADJ
cjal-3228	98	29	foreign	foreign	ADJ
cjal-3228	98	30	exchange	exchange	NOUN
cjal-3228	98	31	market	market	NOUN
cjal-3228	98	32	.	.	PUNCT
cjal-3228	99	1	even	even	ADV
cjal-3228	99	2	more	more	ADV
cjal-3228	99	3	important	important	ADJ
cjal-3228	99	4	to	to	ADP
cjal-3228	99	5	the	the	DET
cjal-3228	99	6	development	development	NOUN
cjal-3228	99	7	of	of	ADP
cjal-3228	99	8	china	china	PROPN
cjal-3228	99	9	's	's	PART
cjal-3228	99	10	economy	economy	NOUN
cjal-3228	99	11	was	be	AUX
cjal-3228	99	12	the	the	DET
cjal-3228	99	13	introduction	introduction	NOUN
cjal-3228	99	14	of	of	ADP
cjal-3228	99	15	the	the	DET
cjal-3228	99	16	"	"	PUNCT
cjal-3228	99	17	foreign	foreign	ADJ
cjal-3228	99	18	exchange	exchange	NOUN
cjal-3228	99	19	retention	retention	NOUN
cjal-3228	99	20	system	system	NOUN
cjal-3228	99	21	"	"	PUNCT
cjal-3228	99	22	(	(	PUNCT
cjal-3228	99	23	waihui	waihui	PROPN
cjal-3228	99	24	liucheng	liucheng	PROPN
cjal-3228	99	25	zhidu	zhidu	PROPN
cjal-3228	99	26	)	)	PUNCT
cjal-3228	99	27	in	in	ADP
cjal-3228	99	28	1979	1979	NUM
cjal-3228	99	29	,	,	PUNCT
cjal-3228	99	30	whereby	whereby	SCONJ
cjal-3228	99	31	enterprises	enterprise	NOUN
cjal-3228	99	32	earning	earn	VERB
cjal-3228	99	33	foreign	foreign	ADJ
cjal-3228	99	34	exchange	exchange	NOUN
cjal-3228	99	35	9	9	NUM
cjal-3228	99	36	for	for	ADP
cjal-3228	99	37	an	an	DET
cjal-3228	99	38	overall	overall	ADJ
cjal-3228	99	39	analysis	analysis	NOUN
cjal-3228	99	40	of	of	ADP
cjal-3228	99	41	china	china	PROPN
cjal-3228	99	42	's	's	PART
cjal-3228	99	43	parallel	parallel	ADJ
cjal-3228	99	44	-	-	PUNCT
cjal-3228	99	45	economy	economy	NOUN
cjal-3228	99	46	approach	approach	NOUN
cjal-3228	99	47	to	to	ADP
cjal-3228	99	48	economic	economic	ADJ
cjal-3228	99	49	development	development	NOUN
cjal-3228	99	50	,	,	PUNCT
cjal-3228	99	51	see	see	VERB
cjal-3228	99	52	lan	lan	PROPN
cjal-3228	99	53	cao	cao	PROPN
cjal-3228	99	54	,	,	PUNCT
cjal-3228	99	55	the	the	DET
cjal-3228	99	56	cat	cat	NOUN
cjal-3228	99	57	that	that	PRON
cjal-3228	99	58	catches	catch	VERB
cjal-3228	99	59	mice	mice	NOUN
cjal-3228	99	60	:	:	PUNCT
cjal-3228	99	61	china	china	PROPN
cjal-3228	99	62	's	's	PART
cjal-3228	99	63	challenge	challenge	NOUN
cjal-3228	99	64	to	to	ADP
cjal-3228	99	65	the	the	DET
cjal-3228	99	66	dominant	dominant	ADJ
cjal-3228	99	67	privatization	privatization	NOUN
cjal-3228	99	68	model	model	NOUN
cjal-3228	99	69	,	,	PUNCT
cjal-3228	99	70	21	21	NUM
cjal-3228	99	71	brook	brook	NOUN
cjal-3228	99	72	.	.	PUNCT
cjal-3228	100	1	j.	j.	PROPN
cjal-3228	100	2	int'l	int'l	PROPN
cjal-3228	100	3	law	law	PROPN
cjal-3228	100	4	97	97	NUM
cjal-3228	100	5	(	(	PUNCT
cjal-3228	100	6	1995).10	1995).10	ADV
cjal-3228	100	7	initially	initially	ADV
cjal-3228	100	8	,	,	PUNCT
cjal-3228	100	9	safe	safe	ADJ
cjal-3228	100	10	was	be	AUX
cjal-3228	100	11	known	know	VERB
cjal-3228	100	12	as	as	ADP
cjal-3228	100	13	the	the	DET
cjal-3228	100	14	state	state	PROPN
cjal-3228	100	15	general	general	PROPN
cjal-3228	100	16	administration	administration	PROPN
cjal-3228	100	17	of	of	ADP
cjal-3228	100	18	exchange	exchange	PROPN
cjal-3228	100	19	control	control	PROPN
cjal-3228	100	20	(	(	PUNCT
cjal-3228	100	21	sgaec	sgaec	NOUN
cjal-3228	100	22	)	)	PUNCT
cjal-3228	100	23	.	.	PUNCT
cjal-3228	101	1	when	when	SCONJ
cjal-3228	101	2	it	it	PRON
cjal-3228	101	3	was	be	AUX
cjal-3228	101	4	placed	place	VERB
cjal-3228	101	5	under	under	ADP
cjal-3228	101	6	the	the	DET
cjal-3228	101	7	supervision	supervision	NOUN
cjal-3228	101	8	of	of	ADP
cjal-3228	101	9	the	the	DET
cjal-3228	101	10	people	people	NOUN
cjal-3228	101	11	's	's	PART
cjal-3228	101	12	bank	bank	PROPN
cjal-3228	101	13	of	of	ADP
cjal-3228	101	14	china	china	PROPN
cjal-3228	101	15	in	in	ADP
cjal-3228	101	16	1982	1982	NUM
cjal-3228	101	17	,	,	PUNCT
cjal-3228	101	18	the	the	DET
cjal-3228	101	19	sgaec	sgaec	NOUN
cjal-3228	101	20	lost	lose	VERB
cjal-3228	101	21	the	the	DET
cjal-3228	101	22	"	"	PUNCT
cjal-3228	101	23	general	general	ADJ
cjal-3228	101	24	"	"	PUNCT
cjal-3228	101	25	in	in	ADP
cjal-3228	101	26	its	its	PRON
cjal-3228	101	27	appellation	appellation	NOUN
cjal-3228	101	28	and	and	CCONJ
cjal-3228	101	29	was	be	AUX
cjal-3228	101	30	referred	refer	VERB
cjal-3228	101	31	to	to	ADP
cjal-3228	101	32	as	as	ADP
cjal-3228	101	33	the	the	DET
cjal-3228	101	34	state	state	NOUN
cjal-3228	101	35	administration	administration	NOUN
cjal-3228	101	36	of	of	ADP
cjal-3228	101	37	exchange	exchange	PROPN
cjal-3228	101	38	control	control	NOUN
cjal-3228	101	39	(	(	PUNCT
cjal-3228	101	40	saec	saec	NOUN
cjal-3228	101	41	)	)	PUNCT
cjal-3228	101	42	.	.	PUNCT
cjal-3228	102	1	in	in	ADP
cjal-3228	102	2	1998	1998	NUM
cjal-3228	102	3	its	its	PRON
cjal-3228	102	4	english	english	ADJ
cjal-3228	102	5	name	name	NOUN
cjal-3228	102	6	was	be	AUX
cjal-3228	102	7	changed	change	VERB
cjal-3228	102	8	to	to	ADP
cjal-3228	102	9	its	its	PRON
cjal-3228	102	10	present	present	ADJ
cjal-3228	102	11	form	form	NOUN
cjal-3228	102	12	.	.	PUNCT
cjal-3228	103	1	since	since	SCONJ
cjal-3228	103	2	the	the	DET
cjal-3228	103	3	bureau	bureau	NOUN
cjal-3228	103	4	's	's	PART
cjal-3228	103	5	basic	basic	ADJ
cjal-3228	103	6	functions	function	NOUN
cjal-3228	103	7	and	and	CCONJ
cjal-3228	103	8	its	its	PRON
cjal-3228	103	9	chinese	chinese	ADJ
cjal-3228	103	10	name	name	NOUN
cjal-3228	103	11	have	have	AUX
cjal-3228	103	12	remained	remain	VERB
cjal-3228	103	13	essentially	essentially	ADV
cjal-3228	103	14	unchanged	unchanged	ADJ
cjal-3228	103	15	,	,	PUNCT
cjal-3228	103	16	for	for	ADP
cjal-3228	103	17	the	the	DET
cjal-3228	103	18	sake	sake	NOUN
cjal-3228	103	19	of	of	ADP
cjal-3228	103	20	consistency	consistency	NOUN
cjal-3228	103	21	and	and	CCONJ
cjal-3228	103	22	ease	ease	NOUN
cjal-3228	103	23	of	of	ADP
cjal-3228	103	24	understanding	understanding	NOUN
cjal-3228	103	25	,	,	PUNCT
cjal-3228	103	26	the	the	DET
cjal-3228	103	27	bureau	bureau	NOUN
cjal-3228	103	28	will	will	AUX
cjal-3228	103	29	be	be	AUX
cjal-3228	103	30	referred	refer	VERB
cjal-3228	103	31	to	to	ADP
cjal-3228	103	32	as	as	ADV
cjal-3228	103	33	safe	safe	ADJ
cjal-3228	103	34	throughout	throughout	ADP
cjal-3228	103	35	this	this	DET
cjal-3228	103	36	paper	paper	NOUN
cjal-3228	103	37	.	.	PUNCT
cjal-3228	104	1	for	for	ADP
cjal-3228	104	2	more	more	ADJ
cjal-3228	104	3	information	information	NOUN
cjal-3228	104	4	on	on	ADP
cjal-3228	104	5	the	the	DET
cjal-3228	104	6	role	role	NOUN
cjal-3228	104	7	of	of	ADP
cjal-3228	104	8	safe	safe	ADJ
cjal-3228	104	9	generally	generally	ADV
cjal-3228	104	10	,	,	PUNCT
cjal-3228	104	11	see	see	VERB
cjal-3228	104	12	sec	sec	PROPN
cjal-3228	104	13	.	.	PROPN
cjal-3228	104	14	iii	iii	PROPN
cjal-3228	104	15	below	below	ADP
cjal-3228	104	16	.	.	PUNCT
cjal-3228	105	1	2004	2004	NUM
cjal-3228	105	2	]	]	PUNCT
cjal-3228	105	3	columbia	columbia	PROPN
cjal-3228	105	4	journal	journal	PROPN
cjal-3228	105	5	of	of	ADP
cjal-3228	105	6	asian	asian	ADJ
cjal-3228	105	7	law	law	NOUN
cjal-3228	105	8	could	could	AUX
cjal-3228	105	9	retain	retain	VERB
cjal-3228	105	10	a	a	DET
cjal-3228	105	11	right	right	NOUN
cjal-3228	105	12	to	to	ADP
cjal-3228	105	13	a	a	DET
cjal-3228	105	14	share	share	NOUN
cjal-3228	105	15	of	of	ADP
cjal-3228	105	16	those	those	DET
cjal-3228	105	17	earnings	earning	NOUN
cjal-3228	105	18	for	for	ADP
cjal-3228	105	19	their	their	PRON
cjal-3228	105	20	own	own	ADJ
cjal-3228	105	21	use	use	NOUN
cjal-3228	105	22	.	.	PUNCT
cjal-3228	105	23	"	"	PUNCT
cjal-3228	105	24	by	by	ADP
cjal-3228	105	25	allowing	allow	VERB
cjal-3228	105	26	local	local	ADJ
cjal-3228	105	27	governments	government	NOUN
cjal-3228	105	28	and	and	CCONJ
cjal-3228	105	29	enterprises	enterprise	NOUN
cjal-3228	105	30	to	to	PART
cjal-3228	105	31	retain	retain	VERB
cjal-3228	105	32	forex	forex	ADJ
cjal-3228	105	33	earnings,'2	earnings,'2	NOUN
cjal-3228	105	34	the	the	DET
cjal-3228	105	35	central	central	ADJ
cjal-3228	105	36	government	government	NOUN
cjal-3228	105	37	provided	provide	VERB
cjal-3228	105	38	incentives	incentive	NOUN
cjal-3228	105	39	to	to	PART
cjal-3228	105	40	export	export	VERB
cjal-3228	105	41	that	that	PRON
cjal-3228	105	42	were	be	AUX
cjal-3228	105	43	lacking	lack	VERB
cjal-3228	105	44	in	in	ADP
cjal-3228	105	45	the	the	DET
cjal-3228	105	46	earlier	early	ADJ
cjal-3228	105	47	central	central	ADJ
cjal-3228	105	48	planning	planning	NOUN
cjal-3228	105	49	system	system	NOUN
cjal-3228	105	50	.	.	PUNCT
cjal-3228	106	1	however	however	ADV
cjal-3228	106	2	,	,	PUNCT
cjal-3228	106	3	the	the	DET
cjal-3228	106	4	incentive	incentive	NOUN
cjal-3228	106	5	effect	effect	NOUN
cjal-3228	106	6	of	of	ADP
cjal-3228	106	7	the	the	DET
cjal-3228	106	8	retention	retention	NOUN
cjal-3228	106	9	system	system	NOUN
cjal-3228	106	10	was	be	AUX
cjal-3228	106	11	initially	initially	ADV
cjal-3228	106	12	limited	limit	VERB
cjal-3228	106	13	by	by	ADP
cjal-3228	106	14	two	two	NUM
cjal-3228	106	15	restrictions	restriction	NOUN
cjal-3228	106	16	imposed	impose	VERB
cjal-3228	106	17	on	on	ADP
cjal-3228	106	18	the	the	DET
cjal-3228	106	19	use	use	NOUN
cjal-3228	106	20	of	of	ADP
cjal-3228	106	21	forex	forex	ADJ
cjal-3228	106	22	earnings	earning	NOUN
cjal-3228	106	23	:	:	PUNCT
cjal-3228	106	24	1	1	X
cjal-3228	106	25	)	)	PUNCT
cjal-3228	106	26	the	the	DET
cjal-3228	106	27	retained	retain	VERB
cjal-3228	106	28	forex	forex	ADJ
cjal-3228	106	29	earnings	earning	NOUN
cjal-3228	106	30	could	could	AUX
cjal-3228	106	31	only	only	ADV
cjal-3228	106	32	be	be	AUX
cjal-3228	106	33	used	use	VERB
cjal-3228	106	34	by	by	ADP
cjal-3228	106	35	the	the	DET
cjal-3228	106	36	entity	entity	NOUN
cjal-3228	106	37	that	that	PRON
cjal-3228	106	38	earned	earn	VERB
cjal-3228	106	39	them	they	PRON
cjal-3228	106	40	,	,	PUNCT
cjal-3228	106	41	and	and	CCONJ
cjal-3228	106	42	2	2	X
cjal-3228	106	43	)	)	PUNCT
cjal-3228	106	44	the	the	DET
cjal-3228	106	45	holders	holder	NOUN
cjal-3228	106	46	of	of	ADP
cjal-3228	106	47	forex	forex	ADJ
cjal-3228	106	48	retention	retention	NOUN
cjal-3228	106	49	rights	right	NOUN
cjal-3228	106	50	could	could	AUX
cjal-3228	106	51	only	only	ADV
cjal-3228	106	52	use	use	VERB
cjal-3228	106	53	them	they	PRON
cjal-3228	106	54	in	in	ADP
cjal-3228	106	55	accordance	accordance	NOUN
cjal-3228	106	56	with	with	ADP
cjal-3228	106	57	national	national	ADJ
cjal-3228	106	58	policy	policy	NOUN
cjal-3228	106	59	objectives	objective	NOUN
cjal-3228	106	60	,	,	PUNCT
cjal-3228	106	61	which	which	PRON
cjal-3228	106	62	required	require	VERB
cjal-3228	106	63	approval	approval	NOUN
cjal-3228	106	64	by	by	ADP
cjal-3228	106	65	relevant	relevant	ADJ
cjal-3228	106	66	government	government	NOUN
cjal-3228	106	67	agencies	agency	NOUN
cjal-3228	106	68	.	.	PUNCT
cjal-3228	106	69	'3	'3	NOUN
cjal-3228	107	1	since	since	SCONJ
cjal-3228	107	2	enterprises	enterprise	NOUN
cjal-3228	107	3	earning	earn	VERB
cjal-3228	107	4	foreign	foreign	ADJ
cjal-3228	107	5	currency	currency	NOUN
cjal-3228	107	6	oftentimes	oftentime	NOUN
cjal-3228	107	7	did	do	AUX
cjal-3228	107	8	not	not	PART
cjal-3228	107	9	have	have	VERB
cjal-3228	107	10	the	the	DET
cjal-3228	107	11	need	need	NOUN
cjal-3228	107	12	or	or	CCONJ
cjal-3228	107	13	capability	capability	NOUN
cjal-3228	107	14	to	to	PART
cjal-3228	107	15	purchase	purchase	VERB
cjal-3228	107	16	imports	import	NOUN
cjal-3228	107	17	,	,	PUNCT
cjal-3228	107	18	these	these	DET
cjal-3228	107	19	restrictions	restriction	NOUN
cjal-3228	107	20	not	not	PART
cjal-3228	107	21	only	only	ADV
cjal-3228	107	22	reduced	reduce	VERB
cjal-3228	107	23	the	the	DET
cjal-3228	107	24	incentive	incentive	NOUN
cjal-3228	107	25	to	to	PART
cjal-3228	107	26	earn	earn	VERB
cjal-3228	107	27	forex	forex	ADJ
cjal-3228	107	28	retention	retention	NOUN
cjal-3228	107	29	rights	right	NOUN
cjal-3228	107	30	,	,	PUNCT
cjal-3228	107	31	but	but	CCONJ
cjal-3228	107	32	also	also	ADV
cjal-3228	107	33	meant	mean	VERB
cjal-3228	107	34	that	that	SCONJ
cjal-3228	107	35	a	a	DET
cjal-3228	107	36	substantial	substantial	ADJ
cjal-3228	107	37	portion	portion	NOUN
cjal-3228	107	38	of	of	ADP
cjal-3228	107	39	china	china	PROPN
cjal-3228	107	40	's	's	PART
cjal-3228	107	41	foreign	foreign	ADJ
cjal-3228	107	42	currency	currency	NOUN
cjal-3228	107	43	resources	resource	NOUN
cjal-3228	107	44	were	be	AUX
cjal-3228	107	45	unutilized	unutilize	VERB
cjal-3228	107	46	or	or	CCONJ
cjal-3228	107	47	utilized	utilize	VERB
cjal-3228	107	48	inefficiently	inefficiently	ADV
cjal-3228	107	49	.	.	PUNCT
cjal-3228	108	1	in	in	ADP
cjal-3228	108	2	response	response	NOUN
cjal-3228	108	3	to	to	ADP
cjal-3228	108	4	these	these	DET
cjal-3228	108	5	problems	problem	NOUN
cjal-3228	108	6	,	,	PUNCT
cjal-3228	108	7	the	the	DET
cjal-3228	108	8	government	government	NOUN
cjal-3228	108	9	created	create	VERB
cjal-3228	108	10	the	the	DET
cjal-3228	108	11	foreign	foreign	ADJ
cjal-3228	108	12	exchange	exchange	NOUN
cjal-3228	108	13	adjustment	adjustment	NOUN
cjal-3228	108	14	market	market	NOUN
cjal-3228	108	15	(	(	PUNCT
cjal-3228	108	16	waihui	waihui	PROPN
cjal-3228	108	17	tiaoji	tiaoji	PROPN
cjal-3228	108	18	shichang	shichang	PROPN
cjal-3228	108	19	)	)	PUNCT
cjal-3228	108	20	,	,	PUNCT
cjal-3228	108	21	wherein	wherein	SCONJ
cjal-3228	108	22	chinese	chinese	ADJ
cjal-3228	108	23	enterprises	enterprise	NOUN
cjal-3228	108	24	could	could	AUX
cjal-3228	108	25	exchange	exchange	VERB
cjal-3228	108	26	their	their	PRON
cjal-3228	108	27	forex	forex	ADJ
cjal-3228	108	28	retention	retention	NOUN
cjal-3228	108	29	rights	right	NOUN
cjal-3228	108	30	at	at	ADP
cjal-3228	108	31	one	one	NUM
cjal-3228	108	32	of	of	ADP
cjal-3228	108	33	the	the	DET
cjal-3228	108	34	foreign	foreign	ADJ
cjal-3228	108	35	exchange	exchange	NOUN
cjal-3228	108	36	adjustment	adjustment	NOUN
cjal-3228	108	37	centers	center	NOUN
cjal-3228	108	38	(	(	PUNCT
cjal-3228	108	39	waihui	waihui	PROPN
cjal-3228	108	40	tiaoji	tiaoji	PROPN
cjal-3228	108	41	zhongxin	zhongxin	PROPN
cjal-3228	108	42	)	)	PUNCT
cjal-3228	108	43	located	locate	VERB
cjal-3228	108	44	at	at	ADP
cjal-3228	108	45	bank	bank	PROPN
cjal-3228	108	46	of	of	ADP
cjal-3228	108	47	china	china	PROPN
cjal-3228	108	48	branches	branch	NOUN
cjal-3228	108	49	throughout	throughout	ADP
cjal-3228	108	50	the	the	DET
cjal-3228	108	51	country	country	NOUN
cjal-3228	108	52	.	.	PUNCT
cjal-3228	109	1	for	for	ADP
cjal-3228	109	2	the	the	DET
cjal-3228	109	3	first	first	ADJ
cjal-3228	109	4	several	several	ADJ
cjal-3228	109	5	years	year	NOUN
cjal-3228	109	6	of	of	ADP
cjal-3228	109	7	their	their	PRON
cjal-3228	109	8	existence	existence	NOUN
cjal-3228	109	9	,	,	PUNCT
cjal-3228	109	10	though	though	ADV
cjal-3228	109	11	,	,	PUNCT
cjal-3228	109	12	these	these	DET
cjal-3228	109	13	centers	center	NOUN
cjal-3228	109	14	remained	remain	VERB
cjal-3228	109	15	relatively	relatively	ADV
cjal-3228	109	16	small	small	ADJ
cjal-3228	109	17	,	,	PUNCT
cjal-3228	109	18	their	their	PRON
cjal-3228	109	19	attractiveness	attractiveness	NOUN
cjal-3228	109	20	and	and	CCONJ
cjal-3228	109	21	effectiveness	effectiveness	NOUN
cjal-3228	109	22	hampered	hamper	VERB
cjal-3228	109	23	by	by	ADP
cjal-3228	109	24	government	government	NOUN
cjal-3228	109	25	-	-	PUNCT
cjal-3228	109	26	mandated	mandate	VERB
cjal-3228	109	27	restrictions	restriction	NOUN
cjal-3228	109	28	on	on	ADP
cjal-3228	109	29	exchange	exchange	NOUN
cjal-3228	109	30	rate	rate	NOUN
cjal-3228	109	31	fluctuations	fluctuation	NOUN
cjal-3228	109	32	and	and	CCONJ
cjal-3228	109	33	the	the	DET
cjal-3228	109	34	disallowance	disallowance	NOUN
cjal-3228	109	35	of	of	ADP
cjal-3228	109	36	participation	participation	NOUN
cjal-3228	109	37	by	by	ADP
cjal-3228	109	38	fies	fie	NOUN
cjal-3228	109	39	,	,	PUNCT
cjal-3228	109	40	which	which	PRON
cjal-3228	109	41	were	be	AUX
cjal-3228	109	42	among	among	ADP
cjal-3228	109	43	the	the	DET
cjal-3228	109	44	largest	large	ADJ
cjal-3228	109	45	importers	importer	NOUN
cjal-3228	109	46	and	and	CCONJ
cjal-3228	109	47	exporters	exporter	NOUN
cjal-3228	109	48	.	.	PUNCT
cjal-3228	110	1	a	a	DET
cjal-3228	110	2	major	major	ADJ
cjal-3228	110	3	step	step	NOUN
cjal-3228	110	4	forward	forward	ADV
cjal-3228	110	5	in	in	ADP
cjal-3228	110	6	the	the	DET
cjal-3228	110	7	liberalization	liberalization	NOUN
cjal-3228	110	8	and	and	CCONJ
cjal-3228	110	9	rationalization	rationalization	NOUN
cjal-3228	110	10	of	of	ADP
cjal-3228	110	11	china	china	PROPN
cjal-3228	110	12	's	's	PART
cjal-3228	110	13	foreign	foreign	ADJ
cjal-3228	110	14	exchange	exchange	NOUN
cjal-3228	110	15	system	system	NOUN
cjal-3228	110	16	occurred	occur	VERB
cjal-3228	110	17	in	in	ADP
cjal-3228	110	18	1985	1985	NUM
cjal-3228	110	19	-	-	SYM
cjal-3228	110	20	6	6	NUM
cjal-3228	110	21	,	,	PUNCT
cjal-3228	110	22	when	when	SCONJ
cjal-3228	110	23	the	the	DET
cjal-3228	110	24	government	government	NOUN
cjal-3228	110	25	opened	open	VERB
cjal-3228	110	26	special	special	ADJ
cjal-3228	110	27	foreign	foreign	ADJ
cjal-3228	110	28	exchange	exchange	NOUN
cjal-3228	110	29	adjustment	adjustment	NOUN
cjal-3228	110	30	centers	center	NOUN
cjal-3228	110	31	for	for	ADP
cjal-3228	110	32	i	i	PRON
cjal-3228	110	33	under	under	ADP
cjal-3228	110	34	this	this	DET
cjal-3228	110	35	system	system	NOUN
cjal-3228	110	36	,	,	PUNCT
cjal-3228	110	37	all	all	DET
cjal-3228	110	38	foreign	foreign	ADJ
cjal-3228	110	39	currency	currency	NOUN
cjal-3228	110	40	earnings	earning	NOUN
cjal-3228	110	41	had	have	VERB
cjal-3228	110	42	to	to	PART
cjal-3228	110	43	be	be	AUX
cjal-3228	110	44	handed	hand	VERB
cjal-3228	110	45	over	over	ADP
cjal-3228	110	46	to	to	ADP
cjal-3228	110	47	the	the	DET
cjal-3228	110	48	central	central	ADJ
cjal-3228	110	49	government	government	NOUN
cjal-3228	110	50	in	in	ADP
cjal-3228	110	51	exchange	exchange	NOUN
cjal-3228	110	52	for	for	ADP
cjal-3228	110	53	rmb	rmb	NOUN
cjal-3228	110	54	at	at	ADP
cjal-3228	110	55	the	the	DET
cjal-3228	110	56	official	official	ADJ
cjal-3228	110	57	exchange	exchange	NOUN
cjal-3228	110	58	rate	rate	NOUN
cjal-3228	110	59	,	,	PUNCT
cjal-3228	110	60	but	but	CCONJ
cjal-3228	110	61	the	the	DET
cjal-3228	110	62	foreign	foreign	ADJ
cjal-3228	110	63	currency	currency	NOUN
cjal-3228	110	64	earner	earner	NOUN
cjal-3228	110	65	was	be	AUX
cjal-3228	110	66	granted	grant	VERB
cjal-3228	110	67	a	a	DET
cjal-3228	110	68	right	right	NOUN
cjal-3228	110	69	to	to	PART
cjal-3228	110	70	repurchase	repurchase	VERB
cjal-3228	110	71	a	a	DET
cjal-3228	110	72	portion	portion	NOUN
cjal-3228	110	73	of	of	ADP
cjal-3228	110	74	that	that	DET
cjal-3228	110	75	foreign	foreign	ADJ
cjal-3228	110	76	currency	currency	NOUN
cjal-3228	110	77	if	if	SCONJ
cjal-3228	110	78	and	and	CCONJ
cjal-3228	110	79	when	when	SCONJ
cjal-3228	110	80	it	it	PRON
cjal-3228	110	81	needed	need	VERB
cjal-3228	110	82	to	to	PART
cjal-3228	110	83	use	use	VERB
cjal-3228	110	84	it	it	PRON
cjal-3228	110	85	.	.	PUNCT
cjal-3228	111	1	initially	initially	ADV
cjal-3228	111	2	,	,	PUNCT
cjal-3228	111	3	the	the	DET
cjal-3228	111	4	retention	retention	NOUN
cjal-3228	111	5	quotas	quota	NOUN
cjal-3228	111	6	were	be	AUX
cjal-3228	111	7	relatively	relatively	ADV
cjal-3228	111	8	low	low	ADJ
cjal-3228	111	9	(	(	PUNCT
cjal-3228	111	10	about	about	ADV
cjal-3228	111	11	20	20	NUM
cjal-3228	111	12	%	%	NOUN
cjal-3228	111	13	)	)	PUNCT
cjal-3228	111	14	,	,	PUNCT
cjal-3228	111	15	but	but	CCONJ
cjal-3228	111	16	they	they	PRON
cjal-3228	111	17	grew	grow	VERB
cjal-3228	111	18	steadily	steadily	ADV
cjal-3228	111	19	during	during	ADP
cjal-3228	111	20	the	the	DET
cjal-3228	111	21	1980s	1980s	NUM
cjal-3228	111	22	,	,	PUNCT
cjal-3228	111	23	exceeding	exceed	VERB
cjal-3228	111	24	50	50	NUM
cjal-3228	111	25	%	%	NOUN
cjal-3228	111	26	for	for	ADP
cjal-3228	111	27	certain	certain	ADJ
cjal-3228	111	28	industries	industry	NOUN
cjal-3228	111	29	and	and	CCONJ
cjal-3228	111	30	regions	region	NOUN
cjal-3228	111	31	by	by	ADP
cjal-3228	111	32	the	the	DET
cjal-3228	111	33	end	end	NOUN
cjal-3228	111	34	of	of	ADP
cjal-3228	111	35	the	the	DET
cjal-3228	111	36	decade	decade	NOUN
cjal-3228	111	37	.	.	PUNCT
cjal-3228	112	1	see	see	VERB
cjal-3228	112	2	lardy	lardy	ADJ
cjal-3228	112	3	,	,	PUNCT
cjal-3228	112	4	supra	supra	ADJ
cjal-3228	112	5	note	note	NOUN
cjal-3228	112	6	7	7	NUM
cjal-3228	112	7	,	,	PUNCT
cjal-3228	112	8	at	at	ADP
cjal-3228	112	9	52	52	NUM
cjal-3228	112	10	-	-	SYM
cjal-3228	112	11	7	7	NUM
cjal-3228	112	12	.	.	NOUN
cjal-3228	112	13	12	12	NUM
cjal-3228	112	14	many	many	ADJ
cjal-3228	112	15	of	of	ADP
cjal-3228	112	16	china	china	PROPN
cjal-3228	112	17	's	's	PART
cjal-3228	112	18	state	state	NOUN
cjal-3228	112	19	-	-	PUNCT
cjal-3228	112	20	owned	own	VERB
cjal-3228	112	21	enterprises	enterprise	NOUN
cjal-3228	112	22	during	during	ADP
cjal-3228	112	23	this	this	DET
cjal-3228	112	24	time	time	NOUN
cjal-3228	112	25	were	be	AUX
cjal-3228	112	26	controlled	control	VERB
cjal-3228	112	27	by	by	ADP
cjal-3228	112	28	local	local	ADJ
cjal-3228	112	29	governments	government	NOUN
cjal-3228	112	30	.	.	PUNCT
cjal-3228	113	1	thus	thus	ADV
cjal-3228	113	2	,	,	PUNCT
cjal-3228	113	3	in	in	ADP
cjal-3228	113	4	effect	effect	NOUN
cjal-3228	113	5	the	the	DET
cjal-3228	113	6	forex	forex	ADJ
cjal-3228	113	7	retention	retention	NOUN
cjal-3228	113	8	rights	right	NOUN
cjal-3228	113	9	accrued	accrue	VERB
cjal-3228	113	10	to	to	ADP
cjal-3228	113	11	these	these	DET
cjal-3228	113	12	local	local	ADJ
cjal-3228	113	13	governments	government	NOUN
cjal-3228	113	14	.	.	PUNCT
cjal-3228	113	15	13	13	NUM
cjal-3228	113	16	lardy	lardy	ADJ
cjal-3228	113	17	,	,	PUNCT
cjal-3228	113	18	supra	supra	ADJ
cjal-3228	113	19	note	note	NOUN
cjal-3228	113	20	7	7	NUM
cjal-3228	113	21	,	,	PUNCT
cjal-3228	113	22	at	at	ADP
cjal-3228	113	23	57	57	NUM
cjal-3228	113	24	.	.	PUNCT
cjal-3228	114	1	due	due	ADP
cjal-3228	114	2	to	to	ADP
cjal-3228	114	3	tight	tight	ADJ
cjal-3228	114	4	restrictions	restriction	NOUN
cjal-3228	114	5	on	on	ADP
cjal-3228	114	6	the	the	DET
cjal-3228	114	7	outflow	outflow	NOUN
cjal-3228	114	8	of	of	ADP
cjal-3228	114	9	capital	capital	NOUN
cjal-3228	114	10	,	,	PUNCT
cjal-3228	114	11	foreign	foreign	ADJ
cjal-3228	114	12	currency	currency	NOUN
cjal-3228	114	13	earnings	earning	NOUN
cjal-3228	114	14	generally	generally	ADV
cjal-3228	114	15	could	could	AUX
cjal-3228	114	16	only	only	ADV
cjal-3228	114	17	be	be	AUX
cjal-3228	114	18	used	use	VERB
cjal-3228	114	19	for	for	ADP
cjal-3228	114	20	purchasing	purchase	VERB
cjal-3228	114	21	imports	import	NOUN
cjal-3228	114	22	.	.	PUNCT
cjal-3228	115	1	however	however	ADV
cjal-3228	115	2	,	,	PUNCT
cjal-3228	115	3	many	many	ADJ
cjal-3228	115	4	exporters	exporter	NOUN
cjal-3228	115	5	with	with	ADP
cjal-3228	115	6	forex	forex	ADJ
cjal-3228	115	7	retention	retention	NOUN
cjal-3228	115	8	rights	right	NOUN
cjal-3228	115	9	lacked	lack	VERB
cjal-3228	115	10	importing	import	VERB
cjal-3228	115	11	licenses	license	NOUN
cjal-3228	115	12	.	.	PUNCT
cjal-3228	116	1	14	14	NUM
cjal-3228	116	2	the	the	DET
cjal-3228	116	3	first	first	ADJ
cjal-3228	116	4	forex	forex	ADJ
cjal-3228	116	5	adjustment	adjustment	NOUN
cjal-3228	116	6	center	center	NOUN
cjal-3228	116	7	opened	open	VERB
cjal-3228	116	8	in	in	ADP
cjal-3228	116	9	the	the	DET
cjal-3228	116	10	guangzhou	guangzhou	PROPN
cjal-3228	116	11	branch	branch	NOUN
cjal-3228	116	12	of	of	ADP
cjal-3228	116	13	the	the	DET
cjal-3228	116	14	bank	bank	PROPN
cjal-3228	116	15	of	of	ADP
cjal-3228	116	16	china	china	PROPN
cjal-3228	116	17	in	in	ADP
cjal-3228	116	18	1980	1980	NUM
cjal-3228	116	19	,	,	PUNCT
cjal-3228	116	20	with	with	ADP
cjal-3228	116	21	a	a	DET
cjal-3228	116	22	second	second	ADJ
cjal-3228	116	23	center	center	NOUN
cjal-3228	116	24	opening	opening	NOUN
cjal-3228	116	25	in	in	ADP
cjal-3228	116	26	shanghai	shanghai	PROPN
cjal-3228	116	27	the	the	DET
cjal-3228	116	28	next	next	ADJ
cjal-3228	116	29	year	year	NOUN
cjal-3228	116	30	.	.	PUNCT
cjal-3228	117	1	gradually	gradually	ADV
cjal-3228	117	2	,	,	PUNCT
cjal-3228	117	3	more	more	ADJ
cjal-3228	117	4	centers	center	NOUN
cjal-3228	117	5	were	be	AUX
cjal-3228	117	6	opened	open	VERB
cjal-3228	117	7	in	in	ADP
cjal-3228	117	8	major	major	ADJ
cjal-3228	117	9	cities	city	NOUN
cjal-3228	117	10	over	over	ADP
cjal-3228	117	11	the	the	DET
cjal-3228	117	12	next	next	ADJ
cjal-3228	117	13	several	several	ADJ
cjal-3228	117	14	years	year	NOUN
cjal-3228	117	15	.	.	PUNCT
cjal-3228	118	1	[	[	X
cjal-3228	118	2	17:2	17:2	NUM
cjal-3228	118	3	china	china	PROPN
cjal-3228	118	4	's	's	PART
cjal-3228	118	5	system	system	NOUN
cjal-3228	118	6	of	of	ADP
cjal-3228	118	7	foreign	foreign	ADJ
cjal-3228	118	8	exchange	exchange	NOUN
cjal-3228	118	9	use	use	NOUN
cjal-3228	118	10	by	by	ADP
cjal-3228	118	11	fies	fie	NOUN
cjal-3228	118	12	.	.	PUNCT
cjal-3228	119	1	"1	"1	NOUN
cjal-3228	119	2	these	these	DET
cjal-3228	119	3	centers	center	NOUN
cjal-3228	119	4	,	,	PUNCT
cjal-3228	119	5	which	which	PRON
cjal-3228	119	6	became	became	AUX
cjal-3228	119	7	known	know	VERB
cjal-3228	119	8	in	in	ADP
cjal-3228	119	9	english	english	PROPN
cjal-3228	119	10	as	as	ADP
cjal-3228	119	11	"	"	PUNCT
cjal-3228	119	12	swap	swap	NOUN
cjal-3228	119	13	centers	center	NOUN
cjal-3228	119	14	,	,	PUNCT
cjal-3228	119	15	"	"	PUNCT
cjal-3228	119	16	for	for	ADP
cjal-3228	119	17	the	the	DET
cjal-3228	119	18	first	first	ADJ
cjal-3228	119	19	time	time	NOUN
cjal-3228	119	20	allowed	allow	VERB
cjal-3228	119	21	fies	fie	NOUN
cjal-3228	119	22	to	to	PART
cjal-3228	119	23	obtain	obtain	VERB
cjal-3228	119	24	domestic	domestic	ADJ
cjal-3228	119	25	currency	currency	NOUN
cjal-3228	119	26	at	at	ADP
cjal-3228	119	27	rates	rate	NOUN
cjal-3228	119	28	dramatically	dramatically	ADV
cjal-3228	119	29	more	more	ADV
cjal-3228	119	30	favorable	favorable	ADJ
cjal-3228	119	31	than	than	ADP
cjal-3228	119	32	the	the	DET
cjal-3228	119	33	official	official	ADJ
cjal-3228	119	34	exchange	exchange	NOUN
cjal-3228	119	35	rate	rate	NOUN
cjal-3228	119	36	.	.	PUNCT
cjal-3228	120	1	the	the	DET
cjal-3228	120	2	swap	swap	NOUN
cjal-3228	120	3	centers	center	NOUN
cjal-3228	120	4	were	be	AUX
cjal-3228	120	5	placed	place	VERB
cjal-3228	120	6	under	under	ADP
cjal-3228	120	7	the	the	DET
cjal-3228	120	8	direct	direct	ADJ
cjal-3228	120	9	supervision	supervision	NOUN
cjal-3228	120	10	of	of	ADP
cjal-3228	120	11	safe	safe	ADJ
cjal-3228	120	12	,	,	PUNCT
cjal-3228	120	13	with	with	ADP
cjal-3228	120	14	all	all	DET
cjal-3228	120	15	transactions	transaction	NOUN
cjal-3228	120	16	requiring	require	VERB
cjal-3228	120	17	pre	pre	NOUN
cjal-3228	120	18	-	-	NOUN
cjal-3228	120	19	approval	approval	NOUN
cjal-3228	120	20	by	by	ADP
cjal-3228	120	21	safe	safe	ADJ
cjal-3228	120	22	.	.	PUNCT
cjal-3228	121	1	16	16	NUM
cjal-3228	121	2	however	however	ADV
cjal-3228	121	3	,	,	PUNCT
cjal-3228	121	4	the	the	DET
cjal-3228	121	5	swap	swap	NOUN
cjal-3228	121	6	centers	center	NOUN
cjal-3228	121	7	were	be	AUX
cjal-3228	121	8	not	not	PART
cjal-3228	121	9	integrated	integrate	VERB
cjal-3228	121	10	nationally	nationally	ADV
cjal-3228	121	11	.	.	PUNCT
cjal-3228	122	1	instead	instead	ADV
cjal-3228	122	2	,	,	PUNCT
cjal-3228	122	3	each	each	DET
cjal-3228	122	4	province	province	NOUN
cjal-3228	122	5	had	have	VERB
cjal-3228	122	6	its	its	PRON
cjal-3228	122	7	own	own	ADJ
cjal-3228	122	8	swap	swap	NOUN
cjal-3228	122	9	center	center	NOUN
cjal-3228	122	10	market	market	NOUN
cjal-3228	122	11	with	with	ADP
cjal-3228	122	12	its	its	PRON
cjal-3228	122	13	own	own	ADJ
cjal-3228	122	14	exchange	exchange	NOUN
cjal-3228	122	15	rate	rate	NOUN
cjal-3228	122	16	.	.	PUNCT
cjal-3228	123	1	between	between	ADP
cjal-3228	123	2	1987	1987	NUM
cjal-3228	123	3	and	and	CCONJ
cjal-3228	123	4	1993	1993	NUM
cjal-3228	123	5	the	the	DET
cjal-3228	123	6	swap	swap	NOUN
cjal-3228	123	7	centers	center	NOUN
cjal-3228	123	8	grew	grow	VERB
cjal-3228	123	9	substantially	substantially	ADV
cjal-3228	123	10	in	in	ADP
cjal-3228	123	11	number	number	NOUN
cjal-3228	123	12	,	,	PUNCT
cjal-3228	123	13	size	size	NOUN
cjal-3228	123	14	,	,	PUNCT
cjal-3228	123	15	and	and	CCONJ
cjal-3228	123	16	scope	scope	NOUN
cjal-3228	123	17	.	.	PUNCT
cjal-3228	124	1	although	although	SCONJ
cjal-3228	124	2	originally	originally	ADV
cjal-3228	124	3	restricted	restrict	VERB
cjal-3228	124	4	to	to	ADP
cjal-3228	124	5	fies	fie	NOUN
cjal-3228	124	6	,	,	PUNCT
cjal-3228	124	7	eventually	eventually	ADV
cjal-3228	124	8	the	the	DET
cjal-3228	124	9	centers	center	NOUN
cjal-3228	124	10	were	be	AUX
cjal-3228	124	11	combined	combine	VERB
cjal-3228	124	12	with	with	ADP
cjal-3228	124	13	the	the	DET
cjal-3228	124	14	earlier	early	ADJ
cjal-3228	124	15	domestic	domestic	ADJ
cjal-3228	124	16	ones	one	NOUN
cjal-3228	124	17	and	and	CCONJ
cjal-3228	124	18	,	,	PUNCT
cjal-3228	124	19	by	by	ADP
cjal-3228	124	20	the	the	DET
cjal-3228	124	21	end	end	NOUN
cjal-3228	124	22	of	of	ADP
cjal-3228	124	23	the	the	DET
cjal-3228	124	24	decade	decade	NOUN
cjal-3228	124	25	,	,	PUNCT
cjal-3228	124	26	were	be	AUX
cjal-3228	124	27	also	also	ADV
cjal-3228	124	28	opened	open	VERB
cjal-3228	124	29	to	to	ADP
cjal-3228	124	30	money	money	NOUN
cjal-3228	124	31	transfers	transfer	NOUN
cjal-3228	124	32	from	from	ADP
cjal-3228	124	33	abroad	abroad	ADV
cjal-3228	124	34	as	as	ADV
cjal-3228	124	35	well	well	ADV
cjal-3228	124	36	as	as	ADP
cjal-3228	124	37	,	,	PUNCT
cjal-3228	124	38	on	on	ADP
cjal-3228	124	39	a	a	DET
cjal-3228	124	40	limited	limited	ADJ
cjal-3228	124	41	basis	basis	NOUN
cjal-3228	124	42	,	,	PUNCT
cjal-3228	124	43	to	to	ADP
cjal-3228	124	44	individual	individual	ADJ
cjal-3228	124	45	chinese	chinese	ADJ
cjal-3228	124	46	citizens	citizen	NOUN
cjal-3228	124	47	.	.	PUNCT
cjal-3228	125	1	7	7	NUM
cjal-3228	125	2	the	the	DET
cjal-3228	125	3	total	total	ADJ
cjal-3228	125	4	value	value	NOUN
cjal-3228	125	5	of	of	ADP
cjal-3228	125	6	forex	forex	ADJ
cjal-3228	125	7	transactions	transaction	NOUN
cjal-3228	125	8	conducted	conduct	VERB
cjal-3228	125	9	in	in	ADP
cjal-3228	125	10	the	the	DET
cjal-3228	125	11	swap	swap	NOUN
cjal-3228	125	12	centers	center	NOUN
cjal-3228	125	13	rose	rise	VERB
cjal-3228	125	14	from	from	ADP
cjal-3228	125	15	us$4.2b	us$4.2b	NOUN
cjal-3228	125	16	in	in	ADP
cjal-3228	125	17	1987	1987	NUM
cjal-3228	125	18	to	to	ADP
cjal-3228	125	19	over	over	ADP
cjal-3228	125	20	us$20b	us$20b	NOUN
cjal-3228	125	21	in	in	ADP
cjal-3228	125	22	1991	1991	NUM
cjal-3228	125	23	.	.	PUNCT
cjal-3228	125	24	'	'	PUNCT
cjal-3228	125	25	8	8	NUM
cjal-3228	125	26	by	by	ADP
cjal-3228	125	27	1993	1993	NUM
cjal-3228	125	28	,	,	PUNCT
cjal-3228	125	29	the	the	DET
cjal-3228	125	30	last	last	ADJ
cjal-3228	125	31	year	year	NOUN
cjal-3228	125	32	that	that	SCONJ
cjal-3228	125	33	domestic	domestic	ADJ
cjal-3228	125	34	chinese	chinese	ADJ
cjal-3228	125	35	enterprises	enterprise	NOUN
cjal-3228	125	36	and	and	CCONJ
cjal-3228	125	37	individuals	individual	NOUN
cjal-3228	125	38	traded	trade	VERB
cjal-3228	125	39	in	in	ADP
cjal-3228	125	40	the	the	DET
cjal-3228	125	41	swap	swap	NOUN
cjal-3228	125	42	centers	center	NOUN
cjal-3228	125	43	,	,	PUNCT
cjal-3228	125	44	roughly	roughly	ADV
cjal-3228	125	45	80	80	NUM
cjal-3228	125	46	%	%	NOUN
cjal-3228	125	47	of	of	ADP
cjal-3228	125	48	all	all	DET
cjal-3228	125	49	legal	legal	ADJ
cjal-3228	125	50	forex	forex	ADJ
cjal-3228	125	51	transactions	transaction	NOUN
cjal-3228	125	52	occurred	occur	VERB
cjal-3228	125	53	in	in	ADP
cjal-3228	125	54	the	the	DET
cjal-3228	125	55	swap	swap	NOUN
cjal-3228	125	56	centers	center	NOUN
cjal-3228	125	57	.	.	PUNCT
cjal-3228	126	1	9	9	NUM
cjal-3228	127	1	notwithstanding	notwithstanding	ADP
cjal-3228	127	2	the	the	DET
cjal-3228	127	3	rapid	rapid	ADJ
cjal-3228	127	4	growth	growth	NOUN
cjal-3228	127	5	of	of	ADP
cjal-3228	127	6	the	the	DET
cjal-3228	127	7	swap	swap	NOUN
cjal-3228	127	8	centers	center	NOUN
cjal-3228	127	9	,	,	PUNCT
cjal-3228	127	10	tight	tight	ADJ
cjal-3228	127	11	restrictions	restriction	NOUN
cjal-3228	127	12	on	on	ADP
cjal-3228	127	13	who	who	PRON
cjal-3228	127	14	and	and	CCONJ
cjal-3228	127	15	for	for	ADP
cjal-3228	127	16	what	what	DET
cjal-3228	127	17	purpose	purpose	NOUN
cjal-3228	127	18	one	one	PRON
cjal-3228	127	19	could	could	AUX
cjal-3228	127	20	enter	enter	VERB
cjal-3228	127	21	the	the	DET
cjal-3228	127	22	swap	swap	NOUN
cjal-3228	127	23	center	center	NOUN
cjal-3228	127	24	market	market	NOUN
cjal-3228	127	25	ensured	ensure	VERB
cjal-3228	127	26	the	the	DET
cjal-3228	127	27	existence	existence	NOUN
cjal-3228	127	28	of	of	ADP
cjal-3228	127	29	a	a	DET
cjal-3228	127	30	robust	robust	ADJ
cjal-3228	127	31	foreign	foreign	ADJ
cjal-3228	127	32	exchange	exchange	NOUN
cjal-3228	127	33	black	black	ADJ
cjal-3228	127	34	market	market	NOUN
cjal-3228	127	35	throughout	throughout	ADP
cjal-3228	127	36	the	the	DET
cjal-3228	127	37	swap	swap	NOUN
cjal-3228	127	38	center	center	NOUN
cjal-3228	127	39	period	period	NOUN
cjal-3228	127	40	.	.	PUNCT
cjal-3228	128	1	however	however	ADV
cjal-3228	128	2	,	,	PUNCT
cjal-3228	128	3	following	follow	VERB
cjal-3228	128	4	the	the	DET
cjal-3228	128	5	relaxation	relaxation	NOUN
cjal-3228	128	6	of	of	ADP
cjal-3228	128	7	restrictions	restriction	NOUN
cjal-3228	128	8	on	on	ADP
cjal-3228	128	9	exchange	exchange	NOUN
cjal-3228	128	10	rate	rate	NOUN
cjal-3228	128	11	fluctuations	fluctuation	NOUN
cjal-3228	128	12	in	in	ADP
cjal-3228	128	13	the	the	DET
cjal-3228	128	14	swap	swap	NOUN
cjal-3228	128	15	centers	center	NOUN
cjal-3228	128	16	during	during	ADP
cjal-3228	128	17	the	the	DET
cjal-3228	128	18	late	late	ADJ
cjal-3228	128	19	1980s	1980	NOUN
cjal-3228	128	20	,	,	PUNCT
cjal-3228	128	21	the	the	DET
cjal-3228	128	22	gap	gap	NOUN
cjal-3228	128	23	between	between	ADP
cjal-3228	128	24	the	the	DET
cjal-3228	128	25	swap	swap	NOUN
cjal-3228	128	26	rate	rate	NOUN
cjal-3228	128	27	and	and	CCONJ
cjal-3228	128	28	the	the	DET
cjal-3228	128	29	15	15	NUM
cjal-3228	128	30	the	the	DET
cjal-3228	128	31	first	first	ADJ
cjal-3228	128	32	fie	fie	ADJ
cjal-3228	128	33	swap	swap	NOUN
cjal-3228	128	34	center	center	NOUN
cjal-3228	128	35	opened	open	VERB
cjal-3228	128	36	in	in	ADP
cjal-3228	128	37	late	late	ADJ
cjal-3228	128	38	1985	1985	NUM
cjal-3228	128	39	in	in	ADP
cjal-3228	128	40	shenzhen	shenzhen	PROPN
cjal-3228	128	41	.	.	PUNCT
cjal-3228	129	1	several	several	ADJ
cjal-3228	129	2	others	other	NOUN
cjal-3228	129	3	were	be	AUX
cjal-3228	129	4	opened	open	VERB
cjal-3228	129	5	the	the	DET
cjal-3228	129	6	following	following	ADJ
cjal-3228	129	7	year	year	NOUN
cjal-3228	129	8	.	.	PUNCT
cjal-3228	130	1	by	by	ADP
cjal-3228	130	2	the	the	DET
cjal-3228	130	3	end	end	NOUN
cjal-3228	130	4	of	of	ADP
cjal-3228	130	5	the	the	DET
cjal-3228	130	6	decade	decade	NOUN
cjal-3228	130	7	,	,	PUNCT
cjal-3228	130	8	every	every	DET
cjal-3228	130	9	province	province	NOUN
cjal-3228	130	10	had	have	VERB
cjal-3228	130	11	a	a	DET
cjal-3228	130	12	swap	swap	NOUN
cjal-3228	130	13	market	market	NOUN
cjal-3228	130	14	servicing	servicing	NOUN
cjal-3228	130	15	local	local	ADJ
cjal-3228	130	16	enterprises	enterprise	NOUN
cjal-3228	130	17	.	.	PUNCT
cjal-3228	131	1	16	16	NUM
cjal-3228	131	2	regarding	regard	VERB
cjal-3228	131	3	the	the	DET
cjal-3228	131	4	swap	swap	NOUN
cjal-3228	131	5	markets	market	NOUN
cjal-3228	131	6	,	,	PUNCT
cjal-3228	131	7	safe	safe	ADJ
cjal-3228	131	8	was	be	AUX
cjal-3228	131	9	specifically	specifically	ADV
cjal-3228	131	10	assigned	assign	VERB
cjal-3228	131	11	the	the	DET
cjal-3228	131	12	tasks	task	NOUN
cjal-3228	131	13	of	of	ADP
cjal-3228	131	14	:	:	PUNCT
cjal-3228	131	15	1	1	X
cjal-3228	131	16	.	.	X
cjal-3228	131	17	establishing	establish	VERB
cjal-3228	131	18	policy	policy	NOUN
cjal-3228	131	19	and	and	CCONJ
cjal-3228	131	20	regulations	regulation	NOUN
cjal-3228	131	21	for	for	ADP
cjal-3228	131	22	the	the	DET
cjal-3228	131	23	swap	swap	NOUN
cjal-3228	131	24	centers	center	NOUN
cjal-3228	131	25	;	;	PUNCT
cjal-3228	131	26	2	2	X
cjal-3228	131	27	.	.	X
cjal-3228	131	28	ensuring	ensure	VERB
cjal-3228	131	29	that	that	SCONJ
cjal-3228	131	30	the	the	DET
cjal-3228	131	31	swap	swap	NOUN
cjal-3228	131	32	centers	center	NOUN
cjal-3228	131	33	were	be	AUX
cjal-3228	131	34	used	use	VERB
cjal-3228	131	35	in	in	ADP
cjal-3228	131	36	a	a	DET
cjal-3228	131	37	way	way	NOUN
cjal-3228	131	38	which	which	PRON
cjal-3228	131	39	conformed	conform	VERB
cjal-3228	131	40	with	with	ADP
cjal-3228	131	41	and	and	CCONJ
cjal-3228	131	42	furthered	further	VERB
cjal-3228	131	43	national	national	ADJ
cjal-3228	131	44	policy	policy	NOUN
cjal-3228	131	45	goals	goal	NOUN
cjal-3228	131	46	(	(	PUNCT
cjal-3228	131	47	such	such	ADJ
cjal-3228	131	48	as	as	ADP
cjal-3228	131	49	promoting	promote	VERB
cjal-3228	131	50	certain	certain	ADJ
cjal-3228	131	51	export	export	NOUN
cjal-3228	131	52	industries	industry	NOUN
cjal-3228	131	53	and	and	CCONJ
cjal-3228	131	54	discouraging	discourage	VERB
cjal-3228	131	55	imports	import	NOUN
cjal-3228	131	56	of	of	ADP
cjal-3228	131	57	luxury	luxury	NOUN
cjal-3228	131	58	goods	good	NOUN
cjal-3228	131	59	)	)	PUNCT
cjal-3228	131	60	;	;	PUNCT
cjal-3228	131	61	3	3	X
cjal-3228	131	62	.	.	X
cjal-3228	131	63	intervening	intervene	VERB
cjal-3228	131	64	in	in	ADP
cjal-3228	131	65	the	the	DET
cjal-3228	131	66	markets	market	NOUN
cjal-3228	131	67	when	when	SCONJ
cjal-3228	131	68	exchange	exchange	NOUN
cjal-3228	131	69	rate	rate	NOUN
cjal-3228	131	70	movements	movement	NOUN
cjal-3228	131	71	were	be	AUX
cjal-3228	131	72	deemed	deem	VERB
cjal-3228	131	73	unhealthy	unhealthy	ADJ
cjal-3228	131	74	;	;	PUNCT
cjal-3228	131	75	4	4	X
cjal-3228	131	76	.	.	X
cjal-3228	132	1	regulating	regulate	VERB
cjal-3228	132	2	the	the	DET
cjal-3228	132	3	participants	participant	NOUN
cjal-3228	132	4	in	in	ADP
cjal-3228	132	5	and	and	CCONJ
cjal-3228	132	6	the	the	DET
cjal-3228	132	7	source	source	NOUN
cjal-3228	132	8	and	and	CCONJ
cjal-3228	132	9	end	end	NOUN
cjal-3228	132	10	-	-	PUNCT
cjal-3228	132	11	use	use	NOUN
cjal-3228	132	12	of	of	ADP
cjal-3228	132	13	funds	fund	NOUN
cjal-3228	132	14	entering	enter	VERB
cjal-3228	132	15	the	the	DET
cjal-3228	132	16	swap	swap	NOUN
cjal-3228	132	17	markets	market	NOUN
cjal-3228	132	18	;	;	PUNCT
cjal-3228	132	19	and	and	CCONJ
cjal-3228	132	20	5	5	X
cjal-3228	132	21	.	.	X
cjal-3228	132	22	administering	administer	VERB
cjal-3228	132	23	punishment	punishment	NOUN
cjal-3228	132	24	to	to	ADP
cjal-3228	132	25	those	those	PRON
cjal-3228	132	26	who	who	PRON
cjal-3228	132	27	violated	violate	VERB
cjal-3228	132	28	the	the	DET
cjal-3228	132	29	swap	swap	ADJ
cjal-3228	132	30	center	center	NOUN
cjal-3228	132	31	rules	rule	NOUN
cjal-3228	132	32	.	.	PUNCT
cjal-3228	133	1	china	china	PROPN
cjal-3228	133	2	's	's	PART
cjal-3228	133	3	foreign	foreign	ADJ
cjal-3228	133	4	exchange	exchange	NOUN
cjal-3228	133	5	market	market	NOUN
cjal-3228	133	6	,	,	PUNCT
cjal-3228	133	7	supra	supra	PROPN
cjal-3228	133	8	note	note	NOUN
cjal-3228	133	9	3	3	NUM
cjal-3228	133	10	,	,	PUNCT
cjal-3228	133	11	at	at	ADP
cjal-3228	133	12	25	25	NUM
cjal-3228	133	13	-	-	SYM
cjal-3228	133	14	6	6	NUM
cjal-3228	133	15	.	.	NUM
cjal-3228	133	16	17	17	NUM
cjal-3228	133	17	zhongguo	zhongguo	PROPN
cjal-3228	133	18	waihui	waihui	PROPN
cjal-3228	133	19	guanli	guanli	PROPN
cjal-3228	133	20	tizhi	tizhi	PROPN
cjal-3228	133	21	de	de	X
cjal-3228	133	22	yange	yange	PROPN
cjal-3228	133	23	[	[	X
cjal-3228	133	24	the	the	DET
cjal-3228	133	25	evolution	evolution	NOUN
cjal-3228	133	26	of	of	ADP
cjal-3228	133	27	china	china	PROPN
cjal-3228	133	28	's	's	PART
cjal-3228	133	29	foreign	foreign	ADJ
cjal-3228	133	30	exchange	exchange	NOUN
cjal-3228	133	31	management	management	NOUN
cjal-3228	133	32	system	system	NOUN
cjal-3228	133	33	]	]	PUNCT
cjal-3228	133	34	,	,	PUNCT
cjal-3228	133	35	http://www.safe.gov.cn/0430/is	http://www.safe.gov.cn/0430/i	VERB
cjal-3228	133	36	tzyg.htm	tzyg.htm	NOUN
cjal-3228	133	37	.	.	PROPN
cjal-3228	133	38	18	18	NUM
cjal-3228	133	39	china	china	PROPN
cjal-3228	133	40	's	's	PART
cjal-3228	133	41	foreign	foreign	ADJ
cjal-3228	133	42	exchange	exchange	NOUN
cjal-3228	133	43	market	market	NOUN
cjal-3228	133	44	,	,	PUNCT
cjal-3228	133	45	supra	supra	PROPN
cjal-3228	133	46	note	note	NOUN
cjal-3228	133	47	3	3	NUM
cjal-3228	133	48	,	,	PUNCT
cjal-3228	133	49	at	at	ADP
cjal-3228	133	50	18	18	NUM
cjal-3228	133	51	.	.	SYM
cjal-3228	133	52	19	19	NUM
cjal-3228	133	53	thomas	thomas	PROPN
cjal-3228	133	54	yunlong	yunlong	PROPN
cjal-3228	133	55	man	man	PROPN
cjal-3228	133	56	,	,	PUNCT
cjal-3228	133	57	note	note	VERB
cjal-3228	133	58	,	,	PUNCT
cjal-3228	133	59	national	national	ADJ
cjal-3228	133	60	legal	legal	ADJ
cjal-3228	133	61	restructuring	restructuring	NOUN
cjal-3228	133	62	in	in	ADP
cjal-3228	133	63	accordance	accordance	NOUN
cjal-3228	133	64	with	with	ADP
cjal-3228	133	65	international	international	ADJ
cjal-3228	133	66	norms	norm	NOUN
cjal-3228	133	67	:	:	PUNCT
cjal-3228	133	68	ga	ga	PROPN
cjal-3228	133	69	tt	tt	PROPN
cjal-3228	133	70	/	/	SYM
cjal-3228	133	71	wto	wto	PROPN
cjal-3228	133	72	and	and	CCONJ
cjal-3228	133	73	china	china	PROPN
cjal-3228	133	74	's	's	PART
cjal-3228	133	75	foreign	foreign	ADJ
cjal-3228	133	76	trade	trade	NOUN
cjal-3228	133	77	reform	reform	NOUN
cjal-3228	133	78	,	,	PUNCT
cjal-3228	133	79	4	4	NUM
cjal-3228	133	80	ind	ind	NOUN
cjal-3228	133	81	.	.	PUNCT
cjal-3228	134	1	j.	j.	PROPN
cjal-3228	134	2	global	global	ADJ
cjal-3228	134	3	legal	legal	ADJ
cjal-3228	134	4	stud	stud	NOUN
cjal-3228	134	5	.	.	PUNCT
cjal-3228	135	1	471,490	471,490	NUM
cjal-3228	135	2	.	.	PUNCT
cjal-3228	136	1	the	the	DET
cjal-3228	136	2	relative	relative	ADJ
cjal-3228	136	3	importance	importance	NOUN
cjal-3228	136	4	of	of	ADP
cjal-3228	136	5	the	the	DET
cjal-3228	136	6	swap	swap	NOUN
cjal-3228	136	7	market	market	NOUN
cjal-3228	136	8	versus	versus	ADP
cjal-3228	136	9	exchanges	exchange	NOUN
cjal-3228	136	10	conducted	conduct	VERB
cjal-3228	136	11	at	at	ADP
cjal-3228	136	12	the	the	DET
cjal-3228	136	13	official	official	ADJ
cjal-3228	136	14	exchange	exchange	NOUN
cjal-3228	136	15	rate	rate	NOUN
cjal-3228	136	16	made	make	VERB
cjal-3228	136	17	the	the	DET
cjal-3228	136	18	subsequent	subsequent	ADJ
cjal-3228	136	19	elimination	elimination	NOUN
cjal-3228	136	20	of	of	ADP
cjal-3228	136	21	the	the	DET
cjal-3228	136	22	official	official	ADJ
cjal-3228	136	23	exchange	exchange	NOUN
cjal-3228	136	24	rate	rate	NOUN
cjal-3228	136	25	much	much	ADV
cjal-3228	136	26	less	less	ADV
cjal-3228	136	27	disruptive	disruptive	ADJ
cjal-3228	136	28	economically	economically	ADV
cjal-3228	136	29	.	.	PUNCT
cjal-3228	137	1	2004	2004	NUM
cjal-3228	137	2	]	]	PUNCT
cjal-3228	137	3	columbia	columbia	PROPN
cjal-3228	137	4	journal	journal	PROPN
cjal-3228	137	5	of	of	ADP
cjal-3228	137	6	asian	asian	ADJ
cjal-3228	137	7	law	law	NOUN
cjal-3228	137	8	black	black	ADJ
cjal-3228	137	9	market	market	NOUN
cjal-3228	137	10	rate	rate	NOUN
cjal-3228	137	11	narrowed	narrow	VERB
cjal-3228	137	12	substantially	substantially	ADV
cjal-3228	137	13	,	,	PUNCT
cjal-3228	137	14	suggesting	suggest	VERB
cjal-3228	137	15	that	that	SCONJ
cjal-3228	137	16	the	the	DET
cjal-3228	137	17	swap	swap	NOUN
cjal-3228	137	18	center	center	NOUN
cjal-3228	137	19	rate	rate	NOUN
cjal-3228	137	20	was	be	AUX
cjal-3228	137	21	not	not	PART
cjal-3228	137	22	dramatically	dramatically	ADV
cjal-3228	137	23	distorted.20	distorted.20	NOUN
cjal-3228	137	24	this	this	DET
cjal-3228	137	25	conclusion	conclusion	NOUN
cjal-3228	137	26	is	be	AUX
cjal-3228	137	27	made	make	VERB
cjal-3228	137	28	more	more	ADV
cjal-3228	137	29	tenuous	tenuous	ADJ
cjal-3228	137	30	,	,	PUNCT
cjal-3228	137	31	however	however	ADV
cjal-3228	137	32	,	,	PUNCT
cjal-3228	137	33	by	by	ADP
cjal-3228	137	34	the	the	DET
cjal-3228	137	35	fact	fact	NOUN
cjal-3228	137	36	that	that	SCONJ
cjal-3228	137	37	each	each	DET
cjal-3228	137	38	swap	swap	NOUN
cjal-3228	137	39	center	center	NOUN
cjal-3228	137	40	acted	act	VERB
cjal-3228	137	41	independently	independently	ADV
cjal-3228	137	42	,	,	PUNCT
cjal-3228	137	43	with	with	ADP
cjal-3228	137	44	significant	significant	ADJ
cjal-3228	137	45	divergence	divergence	NOUN
cjal-3228	137	46	between	between	ADP
cjal-3228	137	47	exchange	exchange	NOUN
cjal-3228	137	48	rates	rate	NOUN
cjal-3228	137	49	in	in	ADP
cjal-3228	137	50	different	different	ADJ
cjal-3228	137	51	swap	swap	NOUN
cjal-3228	137	52	centers	center	NOUN
cjal-3228	137	53	.	.	PUNCT
cjal-3228	137	54	'	'	PUNCT
cjal-3228	138	1	until	until	ADP
cjal-3228	138	2	1993	1993	NUM
cjal-3228	138	3	,	,	PUNCT
cjal-3228	138	4	china	china	PROPN
cjal-3228	138	5	operated	operate	VERB
cjal-3228	138	6	a	a	DET
cjal-3228	138	7	dual	dual	ADJ
cjal-3228	138	8	exchange	exchange	NOUN
cjal-3228	138	9	rate	rate	NOUN
cjal-3228	138	10	system	system	NOUN
cjal-3228	138	11	,	,	PUNCT
cjal-3228	138	12	whereby	whereby	SCONJ
cjal-3228	138	13	the	the	DET
cjal-3228	138	14	swap	swap	NOUN
cjal-3228	138	15	center	center	NOUN
cjal-3228	138	16	exchange	exchange	NOUN
cjal-3228	138	17	rates	rate	NOUN
cjal-3228	138	18	existed	exist	VERB
cjal-3228	138	19	side	side	NOUN
cjal-3228	138	20	by	by	ADP
cjal-3228	138	21	side	side	NOUN
cjal-3228	138	22	with	with	ADP
cjal-3228	138	23	the	the	DET
cjal-3228	138	24	official	official	ADJ
cjal-3228	138	25	rate	rate	NOUN
cjal-3228	138	26	,	,	PUNCT
cjal-3228	138	27	which	which	PRON
cjal-3228	138	28	was	be	AUX
cjal-3228	138	29	used	use	VERB
cjal-3228	138	30	for	for	ADP
cjal-3228	138	31	most	most	ADJ
cjal-3228	138	32	non	non	ADJ
cjal-3228	138	33	-	-	ADJ
cjal-3228	138	34	trade	trade	ADJ
cjal-3228	138	35	transactions	transaction	NOUN
cjal-3228	138	36	.	.	PUNCT
cjal-3228	139	1	2	2	NUM
cjal-3228	139	2	the	the	DET
cjal-3228	139	3	dual	dual	ADJ
cjal-3228	139	4	rate	rate	NOUN
cjal-3228	139	5	system	system	NOUN
cjal-3228	139	6	allowed	allow	VERB
cjal-3228	139	7	the	the	DET
cjal-3228	139	8	government	government	NOUN
cjal-3228	139	9	to	to	PART
cjal-3228	139	10	gradually	gradually	ADV
cjal-3228	139	11	expand	expand	VERB
cjal-3228	139	12	access	access	NOUN
cjal-3228	139	13	to	to	ADP
cjal-3228	139	14	the	the	DET
cjal-3228	139	15	free	free	ADJ
cjal-3228	139	16	market	market	NOUN
cjal-3228	139	17	,	,	PUNCT
cjal-3228	139	18	thus	thus	ADV
cjal-3228	139	19	obviating	obviate	VERB
cjal-3228	139	20	the	the	DET
cjal-3228	139	21	dangers	danger	NOUN
cjal-3228	139	22	associated	associate	VERB
cjal-3228	139	23	with	with	ADP
cjal-3228	139	24	rapid	rapid	ADJ
cjal-3228	139	25	liberalization	liberalization	NOUN
cjal-3228	139	26	without	without	ADP
cjal-3228	139	27	a	a	DET
cjal-3228	139	28	fully	fully	ADV
cjal-3228	139	29	developed	develop	VERB
cjal-3228	139	30	regulatory	regulatory	ADJ
cjal-3228	139	31	regime	regime	NOUN
cjal-3228	139	32	in	in	ADP
cjal-3228	139	33	place	place	NOUN
cjal-3228	139	34	.	.	PUNCT
cjal-3228	140	1	it	it	PRON
cjal-3228	140	2	also	also	ADV
cjal-3228	140	3	allowed	allow	VERB
cjal-3228	140	4	china	china	PROPN
cjal-3228	140	5	to	to	PART
cjal-3228	140	6	effectively	effectively	ADV
cjal-3228	140	7	devalue	devalue	VERB
cjal-3228	140	8	its	its	PRON
cjal-3228	140	9	currency	currency	NOUN
cjal-3228	140	10	for	for	ADP
cjal-3228	140	11	trade	trade	NOUN
cjal-3228	140	12	transactions	transaction	NOUN
cjal-3228	140	13	while	while	SCONJ
cjal-3228	140	14	retaining	retain	VERB
cjal-3228	140	15	the	the	DET
cjal-3228	140	16	purchasing	purchase	VERB
cjal-3228	140	17	power	power	NOUN
cjal-3228	140	18	parity	parity	NOUN
cjal-3228	140	19	rate	rate	NOUN
cjal-3228	140	20	,	,	PUNCT
cjal-3228	140	21	traditionally	traditionally	ADV
cjal-3228	140	22	favored	favor	VERB
cjal-3228	140	23	by	by	ADP
cjal-3228	140	24	communist	communist	ADJ
cjal-3228	140	25	economists	economist	NOUN
cjal-3228	140	26	,	,	PUNCT
cjal-3228	140	27	as	as	ADP
cjal-3228	140	28	the	the	DET
cjal-3228	140	29	official	official	ADJ
cjal-3228	140	30	rate	rate	NOUN
cjal-3228	140	31	.	.	PUNCT
cjal-3228	141	1	both	both	CCONJ
cjal-3228	141	2	the	the	DET
cjal-3228	141	3	official	official	ADJ
cjal-3228	141	4	exchange	exchange	NOUN
cjal-3228	141	5	rate	rate	NOUN
cjal-3228	141	6	and	and	CCONJ
cjal-3228	141	7	the	the	DET
cjal-3228	141	8	swap	swap	NOUN
cjal-3228	141	9	center	center	NOUN
cjal-3228	141	10	rates	rate	NOUN
cjal-3228	141	11	depreciated	depreciate	VERB
cjal-3228	141	12	significantly	significantly	ADV
cjal-3228	141	13	throughout	throughout	ADP
cjal-3228	141	14	the	the	DET
cjal-3228	141	15	1980s	1980	NOUN
cjal-3228	141	16	and	and	CCONJ
cjal-3228	141	17	early	early	ADJ
cjal-3228	141	18	nineties	ninety	NOUN
cjal-3228	141	19	.	.	PUNCT
cjal-3228	142	1	the	the	DET
cjal-3228	142	2	official	official	ADJ
cjal-3228	142	3	rate	rate	NOUN
cjal-3228	142	4	for	for	ADP
cjal-3228	142	5	the	the	DET
cjal-3228	142	6	yuan	yuan	NOUN
cjal-3228	142	7	devalued	devalue	VERB
cjal-3228	142	8	from	from	ADP
cjal-3228	142	9	about	about	ADP
cjal-3228	142	10	1.5	1.5	NUM
cjal-3228	142	11	per	per	ADP
cjal-3228	142	12	u.s	u.s	PROPN
cjal-3228	142	13	.	.	PROPN
cjal-3228	142	14	dollar	dollar	NOUN
cjal-3228	142	15	to	to	ADP
cjal-3228	142	16	3.72	3.72	NUM
cjal-3228	142	17	per	per	ADP
cjal-3228	142	18	dollar	dollar	NOUN
cjal-3228	142	19	between	between	ADP
cjal-3228	142	20	1980	1980	NUM
cjal-3228	142	21	and	and	CCONJ
cjal-3228	142	22	1985	1985	NUM
cjal-3228	142	23	and	and	CCONJ
cjal-3228	142	24	depreciated	depreciate	VERB
cjal-3228	142	25	further	far	ADV
cjal-3228	142	26	to	to	ADP
cjal-3228	142	27	about	about	ADP
cjal-3228	142	28	5.3	5.3	NUM
cjal-3228	142	29	to	to	ADP
cjal-3228	142	30	the	the	DET
cjal-3228	142	31	dollar	dollar	NOUN
cjal-3228	142	32	by	by	ADP
cjal-3228	142	33	the	the	DET
cjal-3228	142	34	early	early	ADJ
cjal-3228	142	35	nineties	ninety	NOUN
cjal-3228	142	36	.	.	PUNCT
cjal-3228	143	1	3	3	NUM
cjal-3228	143	2	more	more	ADV
cjal-3228	143	3	importantly	importantly	ADV
cjal-3228	143	4	,	,	PUNCT
cjal-3228	143	5	the	the	DET
cjal-3228	143	6	government	government	NOUN
cjal-3228	143	7	allowed	allow	VERB
cjal-3228	143	8	the	the	DET
cjal-3228	143	9	rmb	rmb	PROPN
cjal-3228	143	10	swap	swap	NOUN
cjal-3228	143	11	center	center	NOUN
cjal-3228	143	12	rates	rate	NOUN
cjal-3228	143	13	,	,	PUNCT
cjal-3228	143	14	which	which	PRON
cjal-3228	143	15	had	have	VERB
cjal-3228	143	16	a	a	DET
cjal-3228	143	17	greater	great	ADJ
cjal-3228	143	18	impact	impact	NOUN
cjal-3228	143	19	on	on	ADP
cjal-3228	143	20	china	china	PROPN
cjal-3228	143	21	's	's	PART
cjal-3228	143	22	external	external	ADJ
cjal-3228	143	23	trade	trade	NOUN
cjal-3228	143	24	sector	sector	NOUN
cjal-3228	143	25	,	,	PUNCT
cjal-3228	143	26	to	to	PART
cjal-3228	143	27	drop	drop	VERB
cjal-3228	143	28	substantially	substantially	ADV
cjal-3228	143	29	.	.	PUNCT
cjal-3228	144	1	the	the	DET
cjal-3228	144	2	average	average	ADJ
cjal-3228	144	3	swap	swap	NOUN
cjal-3228	144	4	center	center	NOUN
cjal-3228	144	5	rate	rate	NOUN
cjal-3228	144	6	dropped	drop	VERB
cjal-3228	144	7	from	from	ADP
cjal-3228	144	8	about	about	ADP
cjal-3228	144	9	six	six	NUM
cjal-3228	144	10	yuan	yuan	NOUN
cjal-3228	144	11	per	per	ADP
cjal-3228	144	12	dollar	dollar	NOUN
cjal-3228	144	13	to	to	ADP
cjal-3228	144	14	around	around	ADP
cjal-3228	144	15	nine	nine	NUM
cjal-3228	144	16	yuan	yuan	NOUN
cjal-3228	144	17	per	per	ADP
cjal-3228	144	18	dollar	dollar	NOUN
cjal-3228	144	19	between	between	ADP
cjal-3228	144	20	1988	1988	NUM
cjal-3228	144	21	and	and	CCONJ
cjal-3228	144	22	1993	1993	NUM
cjal-3228	144	23	.	.	PUNCT
cjal-3228	145	1	by	by	ADP
cjal-3228	145	2	increasing	increase	VERB
cjal-3228	145	3	the	the	DET
cjal-3228	145	4	price	price	NOUN
cjal-3228	145	5	competitiveness	competitiveness	NOUN
cjal-3228	145	6	of	of	ADP
cjal-3228	145	7	chinese	chinese	ADJ
cjal-3228	145	8	exporters	exporter	NOUN
cjal-3228	145	9	,	,	PUNCT
cjal-3228	145	10	the	the	DET
cjal-3228	145	11	devaluation	devaluation	NOUN
cjal-3228	145	12	of	of	ADP
cjal-3228	145	13	the	the	DET
cjal-3228	145	14	yuan	yuan	NOUN
cjal-3228	145	15	almost	almost	ADV
cjal-3228	145	16	certainly	certainly	ADV
cjal-3228	145	17	was	be	AUX
cjal-3228	145	18	a	a	DET
cjal-3228	145	19	major	major	ADJ
cjal-3228	145	20	factor	factor	NOUN
cjal-3228	145	21	in	in	ADP
cjal-3228	145	22	china	china	PROPN
cjal-3228	145	23	's	's	PART
cjal-3228	145	24	rapid	rapid	ADJ
cjal-3228	145	25	export	export	NOUN
cjal-3228	145	26	growth	growth	NOUN
cjal-3228	145	27	during	during	ADP
cjal-3228	145	28	this	this	DET
cjal-3228	145	29	period	period	NOUN
cjal-3228	145	30	.	.	PUNCT
cjal-3228	146	1	the	the	DET
cjal-3228	146	2	devalued	devalue	VERB
cjal-3228	146	3	exchange	exchange	NOUN
cjal-3228	146	4	rate	rate	NOUN
cjal-3228	146	5	also	also	ADV
cjal-3228	146	6	helped	help	VERB
cjal-3228	146	7	china	china	PROPN
cjal-3228	146	8	attract	attract	VERB
cjal-3228	146	9	more	more	ADJ
cjal-3228	146	10	foreign	foreign	ADJ
cjal-3228	146	11	investors	investor	NOUN
cjal-3228	146	12	looking	look	VERB
cjal-3228	146	13	for	for	ADP
cjal-3228	146	14	a	a	DET
cjal-3228	146	15	cheap	cheap	ADJ
cjal-3228	146	16	production	production	NOUN
cjal-3228	146	17	base	base	NOUN
cjal-3228	146	18	for	for	ADP
cjal-3228	146	19	goods	good	NOUN
cjal-3228	146	20	sold	sell	VERB
cjal-3228	146	21	globally	globally	ADV
cjal-3228	146	22	.	.	PUNCT
cjal-3228	147	1	in	in	ADP
cjal-3228	147	2	addition	addition	NOUN
cjal-3228	147	3	,	,	PUNCT
cjal-3228	147	4	the	the	DET
cjal-3228	147	5	20	20	NUM
cjal-3228	147	6	lardy	lardy	ADJ
cjal-3228	147	7	,	,	PUNCT
cjal-3228	147	8	supra	supra	ADJ
cjal-3228	147	9	note	note	NOUN
cjal-3228	147	10	7	7	NUM
cjal-3228	147	11	,	,	PUNCT
cjal-3228	147	12	at	at	ADP
cjal-3228	147	13	62	62	NUM
cjal-3228	147	14	-	-	SYM
cjal-3228	147	15	6	6	NUM
cjal-3228	147	16	.	.	NUM
cjal-3228	147	17	21	21	NUM
cjal-3228	147	18	for	for	ADP
cjal-3228	147	19	instance	instance	NOUN
cjal-3228	147	20	,	,	PUNCT
cjal-3228	147	21	in	in	ADP
cjal-3228	147	22	1993	1993	NUM
cjal-3228	147	23	the	the	DET
cjal-3228	147	24	weighted	weight	VERB
cjal-3228	147	25	average	average	ADJ
cjal-3228	147	26	exchange	exchange	NOUN
cjal-3228	147	27	rate	rate	NOUN
cjal-3228	147	28	for	for	ADP
cjal-3228	147	29	the	the	DET
cjal-3228	147	30	inner	inner	PROPN
cjal-3228	147	31	mongolia	mongolia	PROPN
cjal-3228	147	32	autonomous	autonomous	PROPN
cjal-3228	147	33	region	region	PROPN
cjal-3228	147	34	swap	swap	NOUN
cjal-3228	147	35	market	market	NOUN
cjal-3228	147	36	was	be	AUX
cjal-3228	147	37	2.96	2.96	NUM
cjal-3228	147	38	rmb	rmb	NOUN
cjal-3228	147	39	per	per	ADP
cjal-3228	147	40	dollar	dollar	NOUN
cjal-3228	147	41	,	,	PUNCT
cjal-3228	147	42	compared	compare	VERB
cjal-3228	147	43	with	with	ADP
cjal-3228	147	44	9.07	9.07	NUM
cjal-3228	147	45	rmb	rmb	NOUN
cjal-3228	147	46	per	per	ADP
cjal-3228	147	47	dollar	dollar	NOUN
cjal-3228	147	48	in	in	ADP
cjal-3228	147	49	the	the	DET
cjal-3228	147	50	hebei	hebei	PROPN
cjal-3228	147	51	province	province	NOUN
cjal-3228	147	52	market	market	NOUN
cjal-3228	147	53	.	.	PUNCT
cjal-3228	148	1	while	while	SCONJ
cjal-3228	148	2	nationally	nationally	ADV
cjal-3228	148	3	swap	swap	NOUN
cjal-3228	148	4	center	center	NOUN
cjal-3228	148	5	rates	rate	NOUN
cjal-3228	148	6	varied	vary	VERB
cjal-3228	148	7	substantially	substantially	ADV
cjal-3228	148	8	,	,	PUNCT
cjal-3228	148	9	rates	rate	NOUN
cjal-3228	148	10	among	among	ADP
cjal-3228	148	11	the	the	DET
cjal-3228	148	12	larger	large	ADJ
cjal-3228	148	13	coastal	coastal	ADJ
cjal-3228	148	14	province	province	NOUN
cjal-3228	148	15	markets	market	NOUN
cjal-3228	148	16	did	do	AUX
cjal-3228	148	17	not	not	PART
cjal-3228	148	18	diverge	diverge	VERB
cjal-3228	148	19	significantly	significantly	ADV
cjal-3228	148	20	.	.	PUNCT
cjal-3228	149	1	china	china	PROPN
cjal-3228	149	2	's	's	PART
cjal-3228	149	3	foreign	foreign	ADJ
cjal-3228	149	4	exchange	exchange	NOUN
cjal-3228	149	5	market	market	NOUN
cjal-3228	149	6	,	,	PUNCT
cjal-3228	149	7	supra	supra	PROPN
cjal-3228	149	8	note	note	NOUN
cjal-3228	149	9	3	3	NUM
cjal-3228	149	10	,	,	PUNCT
cjal-3228	149	11	at	at	ADP
cjal-3228	149	12	20	20	NUM
cjal-3228	149	13	-	-	SYM
cjal-3228	149	14	1,27	1,27	NUM
cjal-3228	149	15	.	.	PUNCT
cjal-3228	149	16	22	22	NUM
cjal-3228	149	17	in	in	ADP
cjal-3228	149	18	fact	fact	NOUN
cjal-3228	149	19	,	,	PUNCT
cjal-3228	149	20	the	the	DET
cjal-3228	149	21	swap	swap	NOUN
cjal-3228	149	22	centers	center	NOUN
cjal-3228	149	23	did	do	AUX
cjal-3228	149	24	not	not	PART
cjal-3228	149	25	represent	represent	VERB
cjal-3228	149	26	china	china	PROPN
cjal-3228	149	27	's	's	PART
cjal-3228	149	28	first	first	ADJ
cjal-3228	149	29	attempt	attempt	NOUN
cjal-3228	149	30	at	at	ADP
cjal-3228	149	31	operating	operate	VERB
cjal-3228	149	32	a	a	DET
cjal-3228	149	33	dual	dual	ADJ
cjal-3228	149	34	exchange	exchange	NOUN
cjal-3228	149	35	rate	rate	NOUN
cjal-3228	149	36	system	system	NOUN
cjal-3228	149	37	.	.	PUNCT
cjal-3228	150	1	between	between	ADP
cjal-3228	150	2	1981	1981	NUM
cjal-3228	150	3	and	and	CCONJ
cjal-3228	150	4	1984	1984	NUM
cjal-3228	150	5	,	,	PUNCT
cjal-3228	150	6	china	china	PROPN
cjal-3228	150	7	adopted	adopt	VERB
cjal-3228	150	8	a	a	DET
cjal-3228	150	9	devalued	devalue	VERB
cjal-3228	150	10	internal	internal	ADJ
cjal-3228	150	11	settlement	settlement	NOUN
cjal-3228	150	12	rate	rate	NOUN
cjal-3228	150	13	(	(	PUNCT
cjal-3228	150	14	isr	isr	NOUN
cjal-3228	150	15	)	)	PUNCT
cjal-3228	150	16	(	(	PUNCT
cjal-3228	150	17	maoyi	maoyi	PROPN
cjal-3228	150	18	waihui	waihui	PROPN
cjal-3228	150	19	neibujiesuanjia	neibujiesuanjia	PROPN
cjal-3228	150	20	)	)	PUNCT
cjal-3228	150	21	,	,	PUNCT
cjal-3228	150	22	used	use	VERB
cjal-3228	150	23	for	for	ADP
cjal-3228	150	24	foreign	foreign	ADJ
cjal-3228	150	25	trade	trade	NOUN
cjal-3228	150	26	transactions	transaction	NOUN
cjal-3228	150	27	.	.	PUNCT
cjal-3228	151	1	the	the	DET
cjal-3228	151	2	system	system	NOUN
cjal-3228	151	3	was	be	AUX
cjal-3228	151	4	eventually	eventually	ADV
cjal-3228	151	5	abandoned	abandon	VERB
cjal-3228	151	6	because	because	SCONJ
cjal-3228	151	7	of	of	ADP
cjal-3228	151	8	administrative	administrative	ADJ
cjal-3228	151	9	difficulties	difficulty	NOUN
cjal-3228	151	10	and	and	CCONJ
cjal-3228	151	11	the	the	DET
cjal-3228	151	12	lack	lack	NOUN
cjal-3228	151	13	of	of	ADP
cjal-3228	151	14	a	a	DET
cjal-3228	151	15	mechanism	mechanism	NOUN
cjal-3228	151	16	for	for	ADP
cjal-3228	151	17	determining	determine	VERB
cjal-3228	151	18	the	the	DET
cjal-3228	151	19	appropriate	appropriate	ADJ
cjal-3228	151	20	isr	isr	ADJ
cjal-3228	151	21	exchange	exchange	NOUN
cjal-3228	151	22	rate	rate	NOUN
cjal-3228	151	23	.	.	PUNCT
cjal-3228	152	1	lin	lin	PROPN
cjal-3228	152	2	guijun	guijun	PROPN
cjal-3228	152	3	,	,	PUNCT
cjal-3228	152	4	china	china	PROPN
cjal-3228	152	5	's	's	PART
cjal-3228	152	6	foreign	foreign	ADJ
cjal-3228	152	7	exchange	exchange	NOUN
cjal-3228	152	8	policies	policy	NOUN
cjal-3228	152	9	since	since	SCONJ
cjal-3228	152	10	1979	1979	NUM
cjal-3228	152	11	:	:	PUNCT
cjal-3228	152	12	a	a	DET
cjal-3228	152	13	review	review	NOUN
cjal-3228	152	14	of	of	ADP
cjal-3228	152	15	developments	development	NOUN
cjal-3228	152	16	and	and	CCONJ
cjal-3228	152	17	an	an	DET
cjal-3228	152	18	assessment	assessment	NOUN
cjal-3228	152	19	,	,	PUNCT
cjal-3228	152	20	at	at	ADP
cjal-3228	152	21	6	6	NUM
cjal-3228	152	22	(	(	PUNCT
cjal-3228	152	23	2002	2002	NUM
cjal-3228	152	24	)	)	PUNCT
cjal-3228	152	25	,	,	PUNCT
cjal-3228	152	26	at	at	ADP
cjal-3228	152	27	http://faculty.washington.edu/karviu/confer/adb02/papers/lin.pdf	http://faculty.washington.edu/karviu/confer/adb02/papers/lin.pdf	NOUN
cjal-3228	152	28	.	.	PUNCT
cjal-3228	153	1	23	23	NUM
cjal-3228	153	2	lardy	lardy	ADJ
cjal-3228	153	3	,	,	PUNCT
cjal-3228	153	4	supra	supra	ADJ
cjal-3228	153	5	note	note	NOUN
cjal-3228	153	6	7	7	NUM
cjal-3228	153	7	,	,	PUNCT
cjal-3228	153	8	at	at	ADP
cjal-3228	153	9	148	148	NUM
cjal-3228	153	10	-	-	SYM
cjal-3228	153	11	9	9	NUM
cjal-3228	153	12	.	.	PUNCT
cjal-3228	154	1	[	[	X
cjal-3228	154	2	17:2	17:2	NUM
cjal-3228	154	3	china	china	PROPN
cjal-3228	154	4	's	's	PART
cjal-3228	154	5	system	system	NOUN
cjal-3228	154	6	of	of	ADP
cjal-3228	154	7	foreign	foreign	ADJ
cjal-3228	154	8	exchange	exchange	NOUN
cjal-3228	154	9	fact	fact	NOUN
cjal-3228	154	10	that	that	SCONJ
cjal-3228	154	11	the	the	DET
cjal-3228	154	12	swap	swap	NOUN
cjal-3228	154	13	center	center	NOUN
cjal-3228	154	14	rates	rate	NOUN
cjal-3228	154	15	were	be	AUX
cjal-3228	154	16	largely	largely	ADV
cjal-3228	154	17	market	market	NOUN
cjal-3228	154	18	-	-	PUNCT
cjal-3228	154	19	determined	determine	VERB
cjal-3228	154	20	may	may	AUX
cjal-3228	154	21	have	have	AUX
cjal-3228	154	22	made	make	VERB
cjal-3228	154	23	it	it	PRON
cjal-3228	154	24	harder	hard	ADJ
cjal-3228	154	25	for	for	SCONJ
cjal-3228	154	26	foreign	foreign	ADJ
cjal-3228	154	27	countries	country	NOUN
cjal-3228	154	28	to	to	PART
cjal-3228	154	29	criticize	criticize	VERB
cjal-3228	154	30	china	china	PROPN
cjal-3228	154	31	for	for	ADP
cjal-3228	154	32	engaging	engage	VERB
cjal-3228	154	33	in	in	ADP
cjal-3228	154	34	unfair	unfair	ADJ
cjal-3228	154	35	competitive	competitive	ADJ
cjal-3228	154	36	currency	currency	NOUN
cjal-3228	154	37	devaluations	devaluation	NOUN
cjal-3228	154	38	.	.	PUNCT
cjal-3228	155	1	the	the	DET
cjal-3228	155	2	legitimacy	legitimacy	NOUN
cjal-3228	155	3	of	of	ADP
cjal-3228	155	4	the	the	DET
cjal-3228	155	5	devaluations	devaluation	NOUN
cjal-3228	155	6	was	be	AUX
cjal-3228	155	7	further	far	ADV
cjal-3228	155	8	evidenced	evidence	VERB
cjal-3228	155	9	by	by	ADP
cjal-3228	155	10	the	the	DET
cjal-3228	155	11	fact	fact	NOUN
cjal-3228	155	12	that	that	SCONJ
cjal-3228	155	13	,	,	PUNCT
cjal-3228	155	14	although	although	SCONJ
cjal-3228	155	15	china	china	PROPN
cjal-3228	155	16	's	's	PART
cjal-3228	155	17	total	total	ADJ
cjal-3228	155	18	foreign	foreign	ADJ
cjal-3228	155	19	trade	trade	NOUN
cjal-3228	155	20	volume	volume	NOUN
cjal-3228	155	21	jumped	jump	VERB
cjal-3228	155	22	dramatically	dramatically	ADV
cjal-3228	155	23	during	during	ADP
cjal-3228	155	24	the	the	DET
cjal-3228	155	25	eighties	eighty	NOUN
cjal-3228	155	26	and	and	CCONJ
cjal-3228	155	27	early	early	ADJ
cjal-3228	155	28	nineties	ninety	NOUN
cjal-3228	155	29	,	,	PUNCT
cjal-3228	155	30	china	china	PROPN
cjal-3228	155	31	suffered	suffer	VERB
cjal-3228	155	32	from	from	ADP
cjal-3228	155	33	a	a	DET
cjal-3228	155	34	trade	trade	NOUN
cjal-3228	155	35	deficit	deficit	NOUN
cjal-3228	155	36	during	during	ADP
cjal-3228	155	37	much	much	ADJ
cjal-3228	155	38	of	of	ADP
cjal-3228	155	39	this	this	DET
cjal-3228	155	40	period	period	NOUN
cjal-3228	155	41	.	.	PUNCT
cjal-3228	156	1	24	24	NUM
cjal-3228	156	2	however	however	ADV
cjal-3228	156	3	,	,	PUNCT
cjal-3228	156	4	perhaps	perhaps	ADV
cjal-3228	156	5	more	more	ADV
cjal-3228	156	6	importantly	importantly	ADV
cjal-3228	156	7	,	,	PUNCT
cjal-3228	156	8	china	china	PROPN
cjal-3228	156	9	's	's	PART
cjal-3228	156	10	foreign	foreign	ADJ
cjal-3228	156	11	exchange	exchange	NOUN
cjal-3228	156	12	reserves	reserve	NOUN
cjal-3228	156	13	grew	grow	VERB
cjal-3228	156	14	more	more	ADJ
cjal-3228	156	15	than	than	ADP
cjal-3228	156	16	10	10	NUM
cjal-3228	156	17	-	-	NOUN
cjal-3228	156	18	fold	fold	VERB
cjal-3228	156	19	between	between	ADP
cjal-3228	156	20	1986	1986	NUM
cjal-3228	156	21	and	and	CCONJ
cjal-3228	156	22	1993,25	1993,25	NUM
cjal-3228	156	23	substantially	substantially	ADV
cjal-3228	156	24	decreasing	decrease	VERB
cjal-3228	156	25	the	the	DET
cjal-3228	156	26	danger	danger	NOUN
cjal-3228	156	27	of	of	ADP
cjal-3228	156	28	a	a	DET
cjal-3228	156	29	balance	balance	NOUN
cjal-3228	156	30	of	of	ADP
cjal-3228	156	31	payments	payment	NOUN
cjal-3228	156	32	crisis	crisis	NOUN
cjal-3228	156	33	.	.	PUNCT
cjal-3228	157	1	26	26	NUM
cjal-3228	157	2	d.	d.	NOUN
cjal-3228	157	3	1994	1994	NUM
cjal-3228	157	4	-	-	SYM
cjal-3228	157	5	1996	1996	NUM
cjal-3228	157	6	:	:	PUNCT
cjal-3228	157	7	consolidation	consolidation	NOUN
cjal-3228	157	8	and	and	CCONJ
cjal-3228	157	9	liberalization	liberalization	NOUN
cjal-3228	157	10	the	the	DET
cjal-3228	157	11	next	next	ADJ
cjal-3228	157	12	set	set	NOUN
cjal-3228	157	13	of	of	ADP
cjal-3228	157	14	major	major	ADJ
cjal-3228	157	15	reforms	reform	NOUN
cjal-3228	157	16	to	to	ADP
cjal-3228	157	17	china	china	PROPN
cjal-3228	157	18	's	's	PART
cjal-3228	157	19	foreign	foreign	ADJ
cjal-3228	157	20	exchange	exchange	NOUN
cjal-3228	157	21	regime	regime	NOUN
cjal-3228	157	22	began	begin	VERB
cjal-3228	157	23	at	at	ADP
cjal-3228	157	24	the	the	DET
cjal-3228	157	25	end	end	NOUN
cjal-3228	157	26	of	of	ADP
cjal-3228	157	27	1993	1993	NUM
cjal-3228	157	28	,	,	PUNCT
cjal-3228	157	29	by	by	ADP
cjal-3228	157	30	which	which	DET
cjal-3228	157	31	time	time	NOUN
cjal-3228	157	32	the	the	DET
cjal-3228	157	33	weaknesses	weakness	NOUN
cjal-3228	157	34	in	in	ADP
cjal-3228	157	35	the	the	DET
cjal-3228	157	36	foreign	foreign	ADJ
cjal-3228	157	37	exchange	exchange	NOUN
cjal-3228	157	38	retention	retention	NOUN
cjal-3228	157	39	and	and	CCONJ
cjal-3228	157	40	dual	dual	ADJ
cjal-3228	157	41	exchange	exchange	NOUN
cjal-3228	157	42	rate	rate	NOUN
cjal-3228	157	43	systems	system	NOUN
cjal-3228	157	44	had	have	AUX
cjal-3228	157	45	become	become	VERB
cjal-3228	157	46	a	a	DET
cjal-3228	157	47	clear	clear	ADJ
cjal-3228	157	48	threat	threat	NOUN
cjal-3228	157	49	to	to	ADP
cjal-3228	157	50	further	further	ADJ
cjal-3228	157	51	economic	economic	ADJ
cjal-3228	157	52	reform	reform	NOUN
cjal-3228	157	53	and	and	CCONJ
cjal-3228	157	54	development	development	NOUN
cjal-3228	157	55	.	.	PUNCT
cjal-3228	158	1	as	as	SCONJ
cjal-3228	158	2	the	the	DET
cjal-3228	158	3	forex	forex	ADJ
cjal-3228	158	4	retention	retention	NOUN
cjal-3228	158	5	system	system	NOUN
cjal-3228	158	6	grew	grow	VERB
cjal-3228	158	7	in	in	ADP
cjal-3228	158	8	size	size	NOUN
cjal-3228	158	9	and	and	CCONJ
cjal-3228	158	10	scope	scope	NOUN
cjal-3228	158	11	throughout	throughout	ADP
cjal-3228	158	12	the	the	DET
cjal-3228	158	13	1980s	1980	NOUN
cjal-3228	158	14	and	and	CCONJ
cjal-3228	158	15	early	early	ADJ
cjal-3228	158	16	1990s	1990	NOUN
cjal-3228	158	17	,	,	PUNCT
cjal-3228	158	18	effective	effective	ADJ
cjal-3228	158	19	control	control	NOUN
cjal-3228	158	20	over	over	ADP
cjal-3228	158	21	china	china	PROPN
cjal-3228	158	22	's	's	PART
cjal-3228	158	23	foreign	foreign	ADJ
cjal-3228	158	24	currency	currency	NOUN
cjal-3228	158	25	reserves	reserve	NOUN
cjal-3228	158	26	shifted	shift	VERB
cjal-3228	158	27	from	from	ADP
cjal-3228	158	28	the	the	DET
cjal-3228	158	29	central	central	ADJ
cjal-3228	158	30	government	government	NOUN
cjal-3228	158	31	to	to	ADP
cjal-3228	158	32	local	local	ADJ
cjal-3228	158	33	governments	government	NOUN
cjal-3228	158	34	and	and	CCONJ
cjal-3228	158	35	enterprises	enterprise	NOUN
cjal-3228	158	36	,	,	PUNCT
cjal-3228	158	37	thereby	thereby	ADV
cjal-3228	158	38	weakening	weaken	VERB
cjal-3228	158	39	the	the	DET
cjal-3228	158	40	central	central	ADJ
cjal-3228	158	41	government	government	NOUN
cjal-3228	158	42	's	's	PART
cjal-3228	158	43	control	control	NOUN
cjal-3228	158	44	over	over	ADP
cjal-3228	158	45	the	the	DET
cjal-3228	158	46	supply	supply	NOUN
cjal-3228	158	47	,	,	PUNCT
cjal-3228	158	48	demand	demand	NOUN
cjal-3228	158	49	,	,	PUNCT
cjal-3228	158	50	and	and	CCONJ
cjal-3228	158	51	allocation	allocation	NOUN
cjal-3228	158	52	of	of	ADP
cjal-3228	158	53	these	these	DET
cjal-3228	158	54	funds	fund	NOUN
cjal-3228	158	55	.	.	PUNCT
cjal-3228	159	1	"	"	PUNCT
cjal-3228	160	1	this	this	PRON
cjal-3228	160	2	in	in	ADP
cjal-3228	160	3	turn	turn	NOUN
cjal-3228	160	4	decreased	decrease	VERB
cjal-3228	160	5	the	the	DET
cjal-3228	160	6	ability	ability	NOUN
cjal-3228	160	7	of	of	ADP
cjal-3228	160	8	the	the	DET
cjal-3228	160	9	government	government	NOUN
cjal-3228	160	10	to	to	PART
cjal-3228	160	11	ensure	ensure	VERB
cjal-3228	160	12	a	a	DET
cjal-3228	160	13	balance	balance	NOUN
cjal-3228	160	14	of	of	ADP
cjal-3228	160	15	payments	payment	NOUN
cjal-3228	160	16	surplus	surplus	NOUN
cjal-3228	160	17	and	and	CCONJ
cjal-3228	160	18	increased	increase	VERB
cjal-3228	160	19	potential	potential	ADJ
cjal-3228	160	20	exchange	exchange	NOUN
cjal-3228	160	21	rate	rate	NOUN
cjal-3228	160	22	volatility	volatility	NOUN
cjal-3228	160	23	.	.	PUNCT
cjal-3228	161	1	inefficient	inefficient	ADJ
cjal-3228	161	2	allocation	allocation	NOUN
cjal-3228	161	3	of	of	ADP
cjal-3228	161	4	foreign	foreign	ADJ
cjal-3228	161	5	currency	currency	NOUN
cjal-3228	161	6	also	also	ADV
cjal-3228	161	7	seriously	seriously	ADV
cjal-3228	161	8	hampered	hamper	VERB
cjal-3228	161	9	the	the	DET
cjal-3228	161	10	effectiveness	effectiveness	NOUN
cjal-3228	161	11	of	of	ADP
cjal-3228	161	12	the	the	DET
cjal-3228	161	13	swap	swap	NOUN
cjal-3228	161	14	centers	center	NOUN
cjal-3228	161	15	.	.	PUNCT
cjal-3228	162	1	as	as	SCONJ
cjal-3228	162	2	there	there	PRON
cjal-3228	162	3	was	be	VERB
cjal-3228	162	4	no	no	DET
cjal-3228	162	5	guarantee	guarantee	NOUN
cjal-3228	162	6	a	a	DET
cjal-3228	162	7	buyer	buyer	NOUN
cjal-3228	162	8	of	of	ADP
cjal-3228	162	9	forex	forex	NOUN
cjal-3228	162	10	could	could	AUX
cjal-3228	162	11	find	find	VERB
cjal-3228	162	12	someone	someone	PRON
cjal-3228	162	13	willing	willing	ADJ
cjal-3228	162	14	to	to	PART
cjal-3228	162	15	sell	sell	VERB
cjal-3228	162	16	,	,	PUNCT
cjal-3228	162	17	the	the	DET
cjal-3228	162	18	swap	swap	NOUN
cjal-3228	162	19	markets	market	NOUN
cjal-3228	162	20	were	be	AUX
cjal-3228	162	21	plagued	plague	VERB
cjal-3228	162	22	by	by	ADP
cjal-3228	162	23	repeated	repeat	VERB
cjal-3228	162	24	shortages	shortage	NOUN
cjal-3228	162	25	of	of	ADP
cjal-3228	162	26	foreign	foreign	ADJ
cjal-3228	162	27	currency	currency	NOUN
cjal-3228	162	28	,	,	PUNCT
cjal-3228	162	29	putting	put	VERB
cjal-3228	162	30	severe	severe	ADJ
cjal-3228	162	31	pressure	pressure	NOUN
cjal-3228	162	32	on	on	ADP
cjal-3228	162	33	the	the	DET
cjal-3228	162	34	exchange	exchange	NOUN
cjal-3228	162	35	rate	rate	NOUN
cjal-3228	162	36	and	and	CCONJ
cjal-3228	162	37	disrupting	disrupt	VERB
cjal-3228	162	38	the	the	DET
cjal-3228	162	39	smooth	smooth	ADJ
cjal-3228	162	40	flow	flow	NOUN
cjal-3228	162	41	of	of	ADP
cjal-3228	162	42	international	international	ADJ
cjal-3228	162	43	trade	trade	NOUN
cjal-3228	162	44	.	.	PUNCT
cjal-3228	163	1	8	8	NUM
cjal-3228	163	2	24	24	NUM
cjal-3228	163	3	china	china	PROPN
cjal-3228	163	4	's	's	PART
cjal-3228	163	5	imports	import	NOUN
cjal-3228	163	6	exceeded	exceed	VERB
cjal-3228	163	7	its	its	PRON
cjal-3228	163	8	exports	export	NOUN
cjal-3228	163	9	from	from	ADP
cjal-3228	163	10	1984	1984	NUM
cjal-3228	163	11	to	to	ADP
cjal-3228	163	12	1989	1989	NUM
cjal-3228	163	13	and	and	CCONJ
cjal-3228	163	14	again	again	ADV
cjal-3228	163	15	in	in	ADP
cjal-3228	163	16	1993	1993	NUM
cjal-3228	163	17	.	.	PUNCT
cjal-3228	164	1	during	during	ADP
cjal-3228	164	2	the	the	DET
cjal-3228	164	3	period	period	NOUN
cjal-3228	164	4	1981	1981	NUM
cjal-3228	164	5	-	-	SYM
cjal-3228	164	6	1993	1993	NUM
cjal-3228	164	7	,	,	PUNCT
cjal-3228	164	8	china	china	PROPN
cjal-3228	164	9	's	's	PART
cjal-3228	164	10	cumulative	cumulative	ADJ
cjal-3228	164	11	imports	import	NOUN
cjal-3228	164	12	exceeded	exceed	VERB
cjal-3228	164	13	its	its	PRON
cjal-3228	164	14	exports	export	NOUN
cjal-3228	164	15	us$654	us$654	ADP
cjal-3228	164	16	billion	billion	NUM
cjal-3228	164	17	to	to	ADP
cjal-3228	164	18	us$619	us$619	PROPN
cjal-3228	164	19	billion	billion	NUM
cjal-3228	164	20	.	.	PUNCT
cjal-3228	165	1	1978	1978	NUM
cjal-3228	165	2	nian	nian	ADJ
cjal-3228	165	3	yilai	yilai	NOUN
cjal-3228	165	4	jinchukou'e	jinchukou'e	NOUN
cjal-3228	166	1	[	[	X
cjal-3228	166	2	imports	import	NOUN
cjal-3228	166	3	and	and	CCONJ
cjal-3228	166	4	exports	export	NOUN
cjal-3228	166	5	since	since	SCONJ
cjal-3228	166	6	1978	1978	NUM
cjal-3228	166	7	]	]	PUNCT
cjal-3228	166	8	,	,	PUNCT
cjal-3228	166	9	http://www.mofcom.gov.cn/article/200303/20030300072323	http://www.mofcom.gov.cn/article/200303/20030300072323	PROPN
cjal-3228	166	10	i.xml	i.xml	ADJ
cjal-3228	166	11	.	.	PUNCT
cjal-3228	167	1	state	state	NOUN
cjal-3228	167	2	foreign	foreign	ADJ
cjal-3228	167	3	exchange	exchange	NOUN
cjal-3228	167	4	reserves	reserve	NOUN
cjal-3228	167	5	,	,	PUNCT
cjal-3228	167	6	1950	1950	NUM
cjal-3228	167	7	-	-	SYM
cjal-3228	167	8	2002	2002	NUM
cjal-3228	167	9	,	,	PUNCT
cjal-3228	167	10	http://www.safe	http://www.safe	PROPN
cjal-3228	167	11	.	.	PUNCT
cjal-3228	168	1	gov.cn/statistics/reserve.htm	gov.cn/statistics/reserve.htm	PROPN
cjal-3228	168	2	.	.	PROPN
cjal-3228	169	1	26	26	NUM
cjal-3228	169	2	a	a	DET
cjal-3228	169	3	balnce	balnce	NOUN
cjal-3228	169	4	of	of	ADP
cjal-3228	169	5	payments	payment	NOUN
cjal-3228	169	6	crisis	crisis	NOUN
cjal-3228	169	7	occurs	occur	VERB
cjal-3228	169	8	when	when	SCONJ
cjal-3228	169	9	a	a	DET
cjal-3228	169	10	country	country	NOUN
cjal-3228	169	11	does	do	AUX
cjal-3228	169	12	not	not	PART
cjal-3228	169	13	have	have	VERB
cjal-3228	169	14	sufficient	sufficient	ADJ
cjal-3228	169	15	foreign	foreign	ADJ
cjal-3228	169	16	currency	currency	NOUN
cjal-3228	169	17	to	to	PART
cjal-3228	169	18	pay	pay	VERB
cjal-3228	169	19	its	its	PRON
cjal-3228	169	20	immediate	immediate	ADJ
cjal-3228	169	21	foreign	foreign	ADJ
cjal-3228	169	22	currency	currency	NOUN
cjal-3228	169	23	liabilities	liability	NOUN
cjal-3228	169	24	.	.	PUNCT
cjal-3228	170	1	this	this	PRON
cjal-3228	170	2	often	often	ADV
cjal-3228	170	3	occurs	occur	VERB
cjal-3228	170	4	due	due	ADJ
cjal-3228	170	5	to	to	ADP
cjal-3228	170	6	a	a	DET
cjal-3228	170	7	large	large	ADJ
cjal-3228	170	8	or	or	CCONJ
cjal-3228	170	9	prolonged	prolonged	ADJ
cjal-3228	170	10	trade	trade	NOUN
cjal-3228	170	11	deficit	deficit	NOUN
cjal-3228	170	12	,	,	PUNCT
cjal-3228	170	13	or	or	CCONJ
cjal-3228	170	14	when	when	SCONJ
cjal-3228	170	15	foreign	foreign	ADJ
cjal-3228	170	16	currency	currency	NOUN
cjal-3228	170	17	-	-	PUNCT
cjal-3228	170	18	denominated	denominate	VERB
cjal-3228	170	19	loan	loan	NOUN
cjal-3228	170	20	burdens	burden	NOUN
cjal-3228	170	21	become	become	VERB
cjal-3228	170	22	too	too	ADV
cjal-3228	170	23	great	great	ADJ
cjal-3228	170	24	.	.	PUNCT
cjal-3228	171	1	the	the	DET
cjal-3228	171	2	result	result	NOUN
cjal-3228	171	3	is	be	AUX
cjal-3228	171	4	usually	usually	ADV
cjal-3228	171	5	a	a	DET
cjal-3228	171	6	major	major	ADJ
cjal-3228	171	7	and	and	CCONJ
cjal-3228	171	8	disruptive	disruptive	ADJ
cjal-3228	171	9	currency	currency	NOUN
cjal-3228	171	10	devaluation	devaluation	NOUN
cjal-3228	171	11	,	,	PUNCT
cjal-3228	171	12	sometimes	sometimes	ADV
cjal-3228	171	13	accompanied	accompany	VERB
cjal-3228	171	14	by	by	ADP
cjal-3228	171	15	massive	massive	ADJ
cjal-3228	171	16	capital	capital	NOUN
cjal-3228	171	17	flight	flight	NOUN
cjal-3228	171	18	.	.	PUNCT
cjal-3228	172	1	27	27	NUM
cjal-3228	172	2	lardy	lardy	ADJ
cjal-3228	172	3	,	,	PUNCT
cjal-3228	172	4	supra	supra	ADJ
cjal-3228	172	5	note	note	NOUN
cjal-3228	172	6	7	7	NUM
cjal-3228	172	7	,	,	PUNCT
cjal-3228	172	8	at	at	ADP
cjal-3228	172	9	57	57	NUM
cjal-3228	172	10	.	.	PUNCT
cjal-3228	173	1	by	by	ADP
cjal-3228	173	2	1993	1993	NUM
cjal-3228	173	3	,	,	PUNCT
cjal-3228	173	4	almost	almost	ADV
cjal-3228	173	5	all	all	PRON
cjal-3228	173	6	exporters	exporter	NOUN
cjal-3228	173	7	enjoyed	enjoy	VERB
cjal-3228	173	8	a	a	DET
cjal-3228	173	9	50	50	NUM
cjal-3228	173	10	%	%	NOUN
cjal-3228	173	11	retention	retention	NOUN
cjal-3228	173	12	rate	rate	NOUN
cjal-3228	173	13	,	,	PUNCT
cjal-3228	173	14	while	while	SCONJ
cjal-3228	173	15	a	a	DET
cjal-3228	173	16	further	further	ADJ
cjal-3228	173	17	30	30	NUM
cjal-3228	173	18	%	%	NOUN
cjal-3228	173	19	of	of	ADP
cjal-3228	173	20	earnings	earning	NOUN
cjal-3228	173	21	could	could	AUX
cjal-3228	173	22	be	be	AUX
cjal-3228	173	23	sold	sell	VERB
cjal-3228	173	24	to	to	ADP
cjal-3228	173	25	the	the	DET
cjal-3228	173	26	central	central	ADJ
cjal-3228	173	27	government	government	NOUN
cjal-3228	173	28	at	at	ADP
cjal-3228	173	29	the	the	DET
cjal-3228	173	30	swap	swap	NOUN
cjal-3228	173	31	market	market	NOUN
cjal-3228	173	32	rate	rate	NOUN
cjal-3228	173	33	.	.	PUNCT
cjal-3228	174	1	chris	chris	PROPN
cjal-3228	174	2	brown	brown	PROPN
cjal-3228	174	3	,	,	PUNCT
cjal-3228	174	4	china	china	PROPN
cjal-3228	174	5	's	's	PART
cjal-3228	174	6	gatt	gatt	PROPN
cjal-3228	174	7	bid	bid	NOUN
cjal-3228	174	8	:	:	PUNCT
cjal-3228	174	9	why	why	SCONJ
cjal-3228	174	10	all	all	DET
cjal-3228	174	11	the	the	DET
cjal-3228	174	12	fuss	fuss	NOUN
cjal-3228	174	13	about	about	ADP
cjal-3228	174	14	currency	currency	NOUN
cjal-3228	174	15	controls	control	NOUN
cjal-3228	174	16	?	?	PUNCT
cjal-3228	174	17	,	,	PUNCT
cjal-3228	174	18	3	3	NUM
cjal-3228	174	19	pac	pac	X
cjal-3228	174	20	.	.	PROPN
cjal-3228	174	21	rim	rim	PROPN
cjal-3228	174	22	l.	l.	PROPN
cjal-3228	174	23	&	&	CCONJ
cjal-3228	174	24	pol'y	pol'y	PROPN
cjal-3228	174	25	j.	j.	PROPN
cjal-3228	174	26	57	57	NUM
cjal-3228	174	27	,	,	PUNCT
cjal-3228	174	28	70	70	NUM
cjal-3228	174	29	-	-	SYM
cjal-3228	174	30	71	71	NUM
cjal-3228	174	31	.	.	PUNCT
cjal-3228	174	32	28	28	NUM
cjal-3228	174	33	john	john	PROPN
cjal-3228	174	34	frisbie	frisbie	PROPN
cjal-3228	174	35	and	and	CCONJ
cjal-3228	174	36	richard	richard	PROPN
cjal-3228	174	37	brecher	brecher	PROPN
cjal-3228	174	38	,	,	PUNCT
cjal-3228	174	39	a	a	DET
cjal-3228	174	40	tough	tough	ADJ
cjal-3228	174	41	balancing	balancing	NOUN
cjal-3228	174	42	act	act	NOUN
cjal-3228	174	43	,	,	PUNCT
cjal-3228	174	44	china	china	PROPN
cjal-3228	174	45	bus	bus	PROPN
cjal-3228	174	46	.	.	PUNCT
cjal-3228	175	1	rev	rev	PROPN
cjal-3228	175	2	,	,	PUNCT
cjal-3228	175	3	nov	nov	PROPN
cjal-3228	175	4	/	/	SYM
cjal-3228	175	5	dec	dec	PROPN
cjal-3228	175	6	1993	1993	NUM
cjal-3228	175	7	.	.	PUNCT
cjal-3228	176	1	2004	2004	NUM
cjal-3228	176	2	]	]	PUNCT
cjal-3228	176	3	columbia	columbia	PROPN
cjal-3228	176	4	journal	journal	PROPN
cjal-3228	176	5	of	of	ADP
cjal-3228	176	6	asian	asian	ADJ
cjal-3228	176	7	law	law	NOUN
cjal-3228	176	8	meanwhile	meanwhile	ADV
cjal-3228	176	9	,	,	PUNCT
cjal-3228	176	10	the	the	DET
cjal-3228	176	11	dual	dual	ADJ
cjal-3228	176	12	exchange	exchange	NOUN
cjal-3228	176	13	rate	rate	NOUN
cjal-3228	176	14	system	system	NOUN
cjal-3228	176	15	was	be	AUX
cjal-3228	176	16	causing	cause	VERB
cjal-3228	176	17	problems	problem	NOUN
cjal-3228	176	18	both	both	CCONJ
cjal-3228	176	19	domestically	domestically	ADV
cjal-3228	176	20	and	and	CCONJ
cjal-3228	176	21	in	in	ADP
cjal-3228	176	22	china	china	PROPN
cjal-3228	176	23	's	's	PART
cjal-3228	176	24	relations	relation	NOUN
cjal-3228	176	25	with	with	ADP
cjal-3228	176	26	its	its	PRON
cjal-3228	176	27	main	main	ADJ
cjal-3228	176	28	trading	trading	NOUN
cjal-3228	176	29	partners	partner	NOUN
cjal-3228	176	30	.	.	PUNCT
cjal-3228	177	1	by	by	ADP
cjal-3228	177	2	the	the	DET
cjal-3228	177	3	early	early	ADJ
cjal-3228	177	4	1990s	1990	NOUN
cjal-3228	177	5	the	the	DET
cjal-3228	177	6	swap	swap	NOUN
cjal-3228	177	7	market	market	NOUN
cjal-3228	177	8	rate	rate	NOUN
cjal-3228	177	9	dramatically	dramatically	ADV
cjal-3228	177	10	exceeded	exceed	VERB
cjal-3228	177	11	the	the	DET
cjal-3228	177	12	official	official	ADJ
cjal-3228	177	13	rate	rate	NOUN
cjal-3228	177	14	(	(	PUNCT
cjal-3228	177	15	in	in	ADP
cjal-3228	177	16	spite	spite	NOUN
cjal-3228	177	17	of	of	ADP
cjal-3228	177	18	the	the	DET
cjal-3228	177	19	devaluations	devaluation	NOUN
cjal-3228	177	20	of	of	ADP
cjal-3228	177	21	the	the	DET
cjal-3228	177	22	official	official	ADJ
cjal-3228	177	23	rate	rate	NOUN
cjal-3228	177	24	during	during	ADP
cjal-3228	177	25	the	the	DET
cjal-3228	177	26	1980s	1980s	NUM
cjal-3228	177	27	)	)	PUNCT
cjal-3228	177	28	,	,	PUNCT
cjal-3228	177	29	thus	thus	ADV
cjal-3228	177	30	providing	provide	VERB
cjal-3228	177	31	an	an	DET
cjal-3228	177	32	arbitrage	arbitrage	NOUN
cjal-3228	177	33	opportunity	opportunity	NOUN
cjal-3228	177	34	for	for	ADP
cjal-3228	177	35	those	those	PRON
cjal-3228	177	36	with	with	ADP
cjal-3228	177	37	access	access	NOUN
cjal-3228	177	38	to	to	ADP
cjal-3228	177	39	both	both	DET
cjal-3228	177	40	markets.29	markets.29	NOUN
cjal-3228	177	41	this	this	DET
cjal-3228	177	42	situation	situation	NOUN
cjal-3228	177	43	was	be	AUX
cjal-3228	177	44	exacerbated	exacerbate	VERB
cjal-3228	177	45	by	by	ADP
cjal-3228	177	46	the	the	DET
cjal-3228	177	47	dramatic	dramatic	ADJ
cjal-3228	177	48	divergence	divergence	NOUN
cjal-3228	177	49	between	between	ADP
cjal-3228	177	50	rates	rate	NOUN
cjal-3228	177	51	among	among	ADP
cjal-3228	177	52	the	the	DET
cjal-3228	177	53	provincial	provincial	ADJ
cjal-3228	177	54	swap	swap	NOUN
cjal-3228	177	55	markets	market	NOUN
cjal-3228	177	56	,	,	PUNCT
cjal-3228	177	57	which	which	PRON
cjal-3228	177	58	created	create	VERB
cjal-3228	177	59	a	a	DET
cjal-3228	177	60	chaotic	chaotic	ADJ
cjal-3228	177	61	and	and	CCONJ
cjal-3228	177	62	undesirable	undesirable	ADJ
cjal-3228	177	63	multiple	multiple	ADJ
cjal-3228	177	64	exchange	exchange	NOUN
cjal-3228	177	65	rate	rate	NOUN
cjal-3228	177	66	phenomenon.3	phenomenon.3	PROPN
cjal-3228	177	67	°	°	PROPN
cjal-3228	177	68	moreover	moreover	ADV
cjal-3228	177	69	,	,	PUNCT
cjal-3228	177	70	by	by	ADP
cjal-3228	177	71	the	the	DET
cjal-3228	177	72	early	early	ADJ
cjal-3228	177	73	1990s	1990	NOUN
cjal-3228	177	74	,	,	PUNCT
cjal-3228	177	75	as	as	SCONJ
cjal-3228	177	76	china	china	PROPN
cjal-3228	177	77	's	's	PART
cjal-3228	177	78	share	share	NOUN
cjal-3228	177	79	in	in	ADP
cjal-3228	177	80	world	world	NOUN
cjal-3228	177	81	trade	trade	NOUN
cjal-3228	177	82	grew	grow	VERB
cjal-3228	177	83	,	,	PUNCT
cjal-3228	177	84	exchange	exchange	NOUN
cjal-3228	177	85	rate	rate	NOUN
cjal-3228	177	86	reforms	reform	NOUN
cjal-3228	177	87	had	have	AUX
cjal-3228	177	88	also	also	ADV
cjal-3228	177	89	become	become	VERB
cjal-3228	177	90	a	a	DET
cjal-3228	177	91	major	major	ADJ
cjal-3228	177	92	issue	issue	NOUN
cjal-3228	177	93	in	in	ADP
cjal-3228	177	94	china	china	PROPN
cjal-3228	177	95	's	's	PART
cjal-3228	177	96	foreign	foreign	ADJ
cjal-3228	177	97	relations	relation	NOUN
cjal-3228	177	98	.	.	PUNCT
cjal-3228	178	1	the	the	DET
cjal-3228	178	2	dual	dual	ADJ
cjal-3228	178	3	exchange	exchange	NOUN
cjal-3228	178	4	rate	rate	NOUN
cjal-3228	178	5	was	be	AUX
cjal-3228	178	6	perceived	perceive	VERB
cjal-3228	178	7	as	as	ADP
cjal-3228	178	8	a	a	DET
cjal-3228	178	9	non	non	ADJ
cjal-3228	178	10	-	-	ADJ
cjal-3228	178	11	tariff	tariff	ADJ
cjal-3228	178	12	trade	trade	NOUN
cjal-3228	178	13	barrier	barrier	NOUN
cjal-3228	178	14	by	by	ADP
cjal-3228	178	15	many	many	ADJ
cjal-3228	178	16	of	of	ADP
cjal-3228	178	17	china	china	PROPN
cjal-3228	178	18	's	's	PART
cjal-3228	178	19	trading	trading	NOUN
cjal-3228	178	20	partners	partner	NOUN
cjal-3228	178	21	and	and	CCONJ
cjal-3228	178	22	had	have	AUX
cjal-3228	178	23	become	become	VERB
cjal-3228	178	24	a	a	DET
cjal-3228	178	25	significant	significant	ADJ
cjal-3228	178	26	obstacle	obstacle	NOUN
cjal-3228	178	27	to	to	ADP
cjal-3228	178	28	china	china	PROPN
cjal-3228	178	29	's	's	PART
cjal-3228	178	30	wto	wto	PROPN
cjal-3228	178	31	accession	accession	NOUN
cjal-3228	178	32	.	.	PUNCT
cjal-3228	178	33	"	"	PUNCT
cjal-3228	179	1	in	in	ADP
cjal-3228	179	2	light	light	NOUN
cjal-3228	179	3	of	of	ADP
cjal-3228	179	4	these	these	DET
cjal-3228	179	5	issues	issue	NOUN
cjal-3228	179	6	,	,	PUNCT
cjal-3228	179	7	both	both	CCONJ
cjal-3228	179	8	the	the	DET
cjal-3228	179	9	forex	forex	ADJ
cjal-3228	179	10	retention	retention	NOUN
cjal-3228	179	11	system	system	NOUN
cjal-3228	179	12	and	and	CCONJ
cjal-3228	179	13	the	the	DET
cjal-3228	179	14	dual	dual	ADJ
cjal-3228	179	15	exchange	exchange	NOUN
cjal-3228	179	16	rate	rate	NOUN
cjal-3228	179	17	were	be	AUX
cjal-3228	179	18	eliminated	eliminate	VERB
cjal-3228	179	19	as	as	ADP
cjal-3228	179	20	of	of	ADP
cjal-3228	179	21	january	january	PROPN
cjal-3228	179	22	1	1	NUM
cjal-3228	179	23	,	,	PUNCT
cjal-3228	179	24	1994.2	1994.2	NUM
cjal-3228	179	25	a	a	DET
cjal-3228	179	26	single	single	ADJ
cjal-3228	179	27	unified	unified	ADJ
cjal-3228	179	28	exchange	exchange	NOUN
cjal-3228	179	29	rate	rate	NOUN
cjal-3228	179	30	was	be	AUX
cjal-3228	179	31	established	establish	VERB
cjal-3228	179	32	at	at	ADP
cjal-3228	179	33	8.7	8.7	NUM
cjal-3228	179	34	rmb	rmb	NOUN
cjal-3228	179	35	per	per	ADP
cjal-3228	179	36	u.s	u.s	PROPN
cjal-3228	179	37	.	.	PROPN
cjal-3228	179	38	dollar	dollar	NOUN
cjal-3228	179	39	,	,	PUNCT
cjal-3228	179	40	the	the	DET
cjal-3228	179	41	prevailing	prevail	VERB
cjal-3228	179	42	swap	swap	NOUN
cjal-3228	179	43	market	market	NOUN
cjal-3228	179	44	rate	rate	NOUN
cjal-3228	179	45	at	at	ADP
cjal-3228	179	46	the	the	DET
cjal-3228	179	47	time	time	NOUN
cjal-3228	179	48	.	.	PUNCT
cjal-3228	180	1	at	at	ADP
cjal-3228	180	2	the	the	DET
cjal-3228	180	3	same	same	ADJ
cjal-3228	180	4	time	time	NOUN
cjal-3228	180	5	,	,	PUNCT
cjal-3228	180	6	the	the	DET
cjal-3228	180	7	old	old	ADJ
cjal-3228	180	8	system	system	NOUN
cjal-3228	180	9	of	of	ADP
cjal-3228	180	10	retention	retention	NOUN
cjal-3228	180	11	rights	right	NOUN
cjal-3228	180	12	and	and	CCONJ
cjal-3228	180	13	forfeiture	forfeiture	NOUN
cjal-3228	180	14	to	to	ADP
cjal-3228	180	15	the	the	DET
cjal-3228	180	16	central	central	ADJ
cjal-3228	180	17	government	government	NOUN
cjal-3228	180	18	was	be	AUX
cjal-3228	180	19	replaced	replace	VERB
cjal-3228	180	20	by	by	ADP
cjal-3228	180	21	the	the	DET
cjal-3228	180	22	"	"	PUNCT
cjal-3228	180	23	bank	bank	NOUN
cjal-3228	180	24	foreign	foreign	ADJ
cjal-3228	180	25	exchange	exchange	NOUN
cjal-3228	180	26	settlement	settlement	NOUN
cjal-3228	180	27	system	system	NOUN
cjal-3228	180	28	"	"	PUNCT
cjal-3228	180	29	(	(	PUNCT
cjal-3228	180	30	yinhang	yinhang	PROPN
cjal-3228	180	31	jieshouhui	jieshouhui	PROPN
cjal-3228	180	32	zhidu	zhidu	PROPN
cjal-3228	180	33	)	)	PUNCT
cjal-3228	180	34	,	,	PUNCT
cjal-3228	180	35	which	which	PRON
cjal-3228	180	36	remains	remain	VERB
cjal-3228	180	37	the	the	DET
cjal-3228	180	38	core	core	NOUN
cjal-3228	180	39	of	of	ADP
cjal-3228	180	40	china	china	PROPN
cjal-3228	180	41	's	's	PART
cjal-3228	180	42	forex	forex	ADJ
cjal-3228	180	43	regime	regime	NOUN
cjal-3228	180	44	today	today	NOUN
cjal-3228	180	45	.	.	PUNCT
cjal-3228	181	1	under	under	ADP
cjal-3228	181	2	this	this	DET
cjal-3228	181	3	system	system	NOUN
cjal-3228	181	4	,	,	PUNCT
cjal-3228	181	5	control	control	NOUN
cjal-3228	181	6	over	over	ADP
cjal-3228	181	7	forex	forex	ADJ
cjal-3228	181	8	transactions	transaction	NOUN
cjal-3228	181	9	,	,	PUNCT
cjal-3228	181	10	previously	previously	ADV
cjal-3228	181	11	divided	divide	VERB
cjal-3228	181	12	among	among	ADP
cjal-3228	181	13	the	the	DET
cjal-3228	181	14	swap	swap	NOUN
cjal-3228	181	15	centers	center	NOUN
cjal-3228	181	16	,	,	PUNCT
cjal-3228	181	17	local	local	ADJ
cjal-3228	181	18	governmental	governmental	ADJ
cjal-3228	181	19	and	and	CCONJ
cjal-3228	181	20	business	business	NOUN
cjal-3228	181	21	entities	entity	NOUN
cjal-3228	181	22	,	,	PUNCT
cjal-3228	181	23	and	and	CCONJ
cjal-3228	181	24	the	the	DET
cjal-3228	181	25	central	central	ADJ
cjal-3228	181	26	government	government	NOUN
cjal-3228	181	27	,	,	PUNCT
cjal-3228	181	28	was	be	AUX
cjal-3228	181	29	concentrated	concentrate	VERB
cjal-3228	181	30	in	in	ADP
cjal-3228	181	31	the	the	DET
cjal-3228	181	32	designated	designate	VERB
cjal-3228	181	33	forex	forex	ADJ
cjal-3228	181	34	banks	bank	NOUN
cjal-3228	181	35	.	.	PUNCT
cjal-3228	182	1	rather	rather	ADV
cjal-3228	182	2	than	than	ADP
cjal-3228	183	1	forfeit	forfeit	VERB
cjal-3228	183	2	all	all	DET
cjal-3228	183	3	forex	forex	ADJ
cjal-3228	183	4	earnings	earning	NOUN
cjal-3228	183	5	to	to	ADP
cjal-3228	183	6	the	the	DET
cjal-3228	183	7	central	central	ADJ
cjal-3228	183	8	government	government	NOUN
cjal-3228	183	9	while	while	SCONJ
cjal-3228	183	10	retaining	retain	VERB
cjal-3228	183	11	rights	right	NOUN
cjal-3228	183	12	to	to	PART
cjal-3228	183	13	repurchase	repurchase	VERB
cjal-3228	183	14	a	a	DET
cjal-3228	183	15	percentage	percentage	NOUN
cjal-3228	183	16	of	of	ADP
cjal-3228	183	17	those	those	DET
cjal-3228	183	18	earnings	earning	NOUN
cjal-3228	183	19	,	,	PUNCT
cjal-3228	183	20	as	as	SCONJ
cjal-3228	183	21	was	be	AUX
cjal-3228	183	22	the	the	DET
cjal-3228	183	23	case	case	NOUN
cjal-3228	183	24	under	under	ADP
cjal-3228	183	25	the	the	DET
cjal-3228	183	26	forex	forex	ADJ
cjal-3228	183	27	retention	retention	NOUN
cjal-3228	183	28	system	system	NOUN
cjal-3228	183	29	,	,	PUNCT
cjal-3228	183	30	the	the	DET
cjal-3228	183	31	new	new	ADJ
cjal-3228	183	32	laws	law	NOUN
cjal-3228	183	33	required	require	VERB
cjal-3228	183	34	chinese	chinese	ADJ
cjal-3228	183	35	entities	entity	NOUN
cjal-3228	183	36	as	as	SCONJ
cjal-3228	183	37	opposed	oppose	VERB
cjal-3228	183	38	to	to	ADP
cjal-3228	183	39	fies	fie	NOUN
cjal-3228	183	40	"	"	PUNCT
cjal-3228	183	41	to	to	PART
cjal-3228	183	42	convert	convert	VERB
cjal-3228	183	43	all	all	DET
cjal-3228	183	44	foreign	foreign	ADJ
cjal-3228	183	45	currency	currency	NOUN
cjal-3228	183	46	earnings	earning	NOUN
cjal-3228	183	47	into	into	ADP
cjal-3228	183	48	rmb	rmb	NOUN
cjal-3228	183	49	at	at	ADP
cjal-3228	183	50	the	the	DET
cjal-3228	183	51	prevailing	prevail	VERB
cjal-3228	183	52	market	market	NOUN
cjal-3228	183	53	rate	rate	NOUN
cjal-3228	183	54	at	at	ADP
cjal-3228	183	55	one	one	NUM
cjal-3228	183	56	of	of	ADP
cjal-3228	183	57	the	the	DET
cjal-3228	183	58	29china	29china	NUM
cjal-3228	183	59	's	's	PART
cjal-3228	183	60	foreign	foreign	ADJ
cjal-3228	183	61	exchange	exchange	NOUN
cjal-3228	183	62	market	market	NOUN
cjal-3228	183	63	,	,	PUNCT
cjal-3228	183	64	supra	supra	PROPN
cjal-3228	183	65	note	note	NOUN
cjal-3228	183	66	3	3	NUM
cjal-3228	183	67	,	,	PUNCT
cjal-3228	183	68	at	at	ADP
cjal-3228	183	69	27	27	NUM
cjal-3228	183	70	-	-	SYM
cjal-3228	183	71	8	8	NUM
cjal-3228	183	72	.	.	NUM
cjal-3228	183	73	30	30	NUM
cjal-3228	184	1	i	i	PRON
cjal-3228	184	2	d.	d.	PROPN
cjal-3228	184	3	31	31	NUM
cjal-3228	184	4	brown	brown	PROPN
cjal-3228	184	5	,	,	PUNCT
cjal-3228	184	6	supra	supra	PROPN
cjal-3228	184	7	note	note	PROPN
cjal-3228	184	8	27	27	NUM
cjal-3228	184	9	,	,	PUNCT
cjal-3228	184	10	at	at	ADP
cjal-3228	184	11	69	69	NUM
cjal-3228	184	12	-	-	SYM
cjal-3228	184	13	70	70	NUM
cjal-3228	184	14	.	.	PUNCT
cjal-3228	185	1	certain	certain	ADJ
cjal-3228	185	2	domestic	domestic	ADJ
cjal-3228	185	3	industries	industry	NOUN
cjal-3228	185	4	could	could	AUX
cjal-3228	185	5	purchase	purchase	VERB
cjal-3228	185	6	imports	import	NOUN
cjal-3228	185	7	using	use	VERB
cjal-3228	185	8	the	the	DET
cjal-3228	185	9	overvalued	overvalue	VERB
cjal-3228	185	10	official	official	ADJ
cjal-3228	185	11	exchange	exchange	NOUN
cjal-3228	185	12	rate	rate	NOUN
cjal-3228	185	13	,	,	PUNCT
cjal-3228	185	14	which	which	PRON
cjal-3228	185	15	,	,	PUNCT
cjal-3228	185	16	it	it	PRON
cjal-3228	185	17	was	be	AUX
cjal-3228	185	18	argued	argue	VERB
cjal-3228	185	19	,	,	PUNCT
cjal-3228	185	20	amounted	amount	VERB
cjal-3228	185	21	to	to	ADP
cjal-3228	185	22	a	a	DET
cjal-3228	185	23	subsidy	subsidy	NOUN
cjal-3228	185	24	for	for	ADP
cjal-3228	185	25	these	these	DET
cjal-3228	185	26	industries	industry	NOUN
cjal-3228	185	27	.	.	PUNCT
cjal-3228	186	1	i	i	PRON
cjal-3228	186	2	d.	d.	PROPN
cjal-3228	186	3	32	32	NUM
cjal-3228	187	1	the	the	DET
cjal-3228	187	2	1994	1994	NUM
cjal-3228	187	3	reforms	reform	NOUN
cjal-3228	187	4	were	be	AUX
cjal-3228	187	5	part	part	NOUN
cjal-3228	187	6	of	of	ADP
cjal-3228	187	7	a	a	DET
cjal-3228	187	8	comprehensive	comprehensive	ADJ
cjal-3228	187	9	package	package	NOUN
cjal-3228	187	10	of	of	ADP
cjal-3228	187	11	economic	economic	ADJ
cjal-3228	187	12	reforms	reform	NOUN
cjal-3228	187	13	designed	design	VERB
cjal-3228	187	14	to	to	PART
cjal-3228	187	15	ease	ease	VERB
cjal-3228	187	16	china	china	PROPN
cjal-3228	187	17	's	's	PART
cjal-3228	187	18	path	path	NOUN
cjal-3228	187	19	toward	toward	ADP
cjal-3228	187	20	eventual	eventual	ADJ
cjal-3228	187	21	wto	wto	PROPN
cjal-3228	187	22	accession	accession	NOUN
cjal-3228	187	23	.	.	PUNCT
cjal-3228	188	1	lin	lin	PROPN
cjal-3228	188	2	,	,	PUNCT
cjal-3228	188	3	supra	supra	PROPN
cjal-3228	188	4	note	note	PROPN
cjal-3228	188	5	22	22	NUM
cjal-3228	188	6	,	,	PUNCT
cjal-3228	188	7	at	at	ADP
cjal-3228	188	8	20	20	NUM
cjal-3228	188	9	.	.	PUNCT
cjal-3228	188	10	33	33	NUM
cjal-3228	188	11	while	while	SCONJ
cjal-3228	188	12	the	the	DET
cjal-3228	188	13	1994	1994	NUM
cjal-3228	188	14	reforms	reform	NOUN
cjal-3228	188	15	greatly	greatly	ADV
cjal-3228	188	16	simplified	simplify	VERB
cjal-3228	188	17	and	and	CCONJ
cjal-3228	188	18	rationalized	rationalize	VERB
cjal-3228	188	19	forex	forex	ADJ
cjal-3228	188	20	transactions	transaction	NOUN
cjal-3228	188	21	for	for	ADP
cjal-3228	188	22	domestic	domestic	ADJ
cjal-3228	188	23	enterprises	enterprise	NOUN
cjal-3228	188	24	,	,	PUNCT
cjal-3228	188	25	they	they	PRON
cjal-3228	188	26	continued	continue	VERB
cjal-3228	188	27	to	to	PART
cjal-3228	188	28	reflect	reflect	VERB
cjal-3228	188	29	differential	differential	ADJ
cjal-3228	188	30	rules	rule	NOUN
cjal-3228	188	31	for	for	ADP
cjal-3228	188	32	domestic	domestic	ADJ
cjal-3228	188	33	chinese	chinese	ADJ
cjal-3228	188	34	and	and	CCONJ
cjal-3228	188	35	foreign	foreign	ADJ
cjal-3228	188	36	-	-	PUNCT
cjal-3228	188	37	invested	invest	VERB
cjal-3228	188	38	enterprises	enterprise	NOUN
cjal-3228	188	39	.	.	PUNCT
cjal-3228	189	1	in	in	ADP
cjal-3228	189	2	fact	fact	NOUN
cjal-3228	189	3	,	,	PUNCT
cjal-3228	189	4	for	for	ADP
cjal-3228	189	5	the	the	DET
cjal-3228	189	6	most	most	ADJ
cjal-3228	189	7	part	part	NOUN
cjal-3228	189	8	the	the	DET
cjal-3228	189	9	1994	1994	NUM
cjal-3228	189	10	reforms	reform	NOUN
cjal-3228	189	11	had	have	VERB
cjal-3228	189	12	little	little	ADJ
cjal-3228	189	13	effect	effect	NOUN
cjal-3228	189	14	on	on	ADP
cjal-3228	189	15	foreign	foreign	ADJ
cjal-3228	189	16	-	-	PUNCT
cjal-3228	189	17	invested	invest	VERB
cjal-3228	189	18	enterprises	enterprise	NOUN
cjal-3228	189	19	.	.	PUNCT
cjal-3228	190	1	unlike	unlike	ADP
cjal-3228	190	2	domestic	domestic	ADJ
cjal-3228	190	3	enterprises	enterprise	NOUN
cjal-3228	190	4	,	,	PUNCT
cjal-3228	190	5	fies	fie	NOUN
cjal-3228	190	6	1	1	NUM
cjal-3228	190	7	)	)	PUNCT
cjal-3228	190	8	did	do	AUX
cjal-3228	190	9	not	not	PART
cjal-3228	190	10	have	have	VERB
cjal-3228	190	11	to	to	PART
cjal-3228	190	12	exchange	exchange	VERB
cjal-3228	190	13	all	all	DET
cjal-3228	190	14	their	their	PRON
cjal-3228	190	15	foreign	foreign	ADJ
cjal-3228	190	16	earnings	earning	NOUN
cjal-3228	190	17	at	at	ADP
cjal-3228	190	18	one	one	NUM
cjal-3228	190	19	of	of	ADP
cjal-3228	190	20	the	the	DET
cjal-3228	190	21	designated	designate	VERB
cjal-3228	190	22	banks	bank	NOUN
cjal-3228	190	23	,	,	PUNCT
cjal-3228	190	24	2	2	NUM
cjal-3228	190	25	)	)	PUNCT
cjal-3228	190	26	were	be	AUX
cjal-3228	190	27	not	not	PART
cjal-3228	190	28	allowed	allow	VERB
cjal-3228	190	29	to	to	PART
cjal-3228	190	30	participate	participate	VERB
cjal-3228	190	31	in	in	ADP
cjal-3228	190	32	the	the	DET
cjal-3228	190	33	interbank	interbank	NOUN
cjal-3228	190	34	market	market	NOUN
cjal-3228	190	35	,	,	PUNCT
cjal-3228	190	36	and	and	CCONJ
cjal-3228	190	37	3	3	X
cjal-3228	190	38	)	)	PUNCT
cjal-3228	190	39	were	be	AUX
cjal-3228	190	40	still	still	ADV
cjal-3228	190	41	forced	force	VERB
cjal-3228	190	42	to	to	PART
cjal-3228	190	43	balance	balance	VERB
cjal-3228	190	44	their	their	PRON
cjal-3228	190	45	foreign	foreign	ADJ
cjal-3228	190	46	exchange	exchange	NOUN
cjal-3228	190	47	accounts	account	NOUN
cjal-3228	190	48	.	.	PUNCT
cjal-3228	191	1	lucille	lucille	PROPN
cjal-3228	191	2	barale	barale	PROPN
cjal-3228	191	3	and	and	CCONJ
cjal-3228	191	4	thomas	thomas	PROPN
cjal-3228	191	5	e.	e.	PROPN
cjal-3228	191	6	jones	jones	PROPN
cjal-3228	191	7	,	,	PUNCT
cjal-3228	191	8	getting	get	VERB
cjal-3228	191	9	strict	strict	ADJ
cjal-3228	191	10	with	with	ADP
cjal-3228	191	11	foreign	foreign	ADJ
cjal-3228	191	12	exchange	exchange	NOUN
cjal-3228	191	13	,	,	PUNCT
cjal-3228	191	14	china	china	PROPN
cjal-3228	191	15	bus	bus	PROPN
cjal-3228	191	16	.	.	PUNCT
cjal-3228	192	1	rev	rev	PROPN
cjal-3228	192	2	,	,	PUNCT
cjal-3228	192	3	sept	sept	PROPN
cjal-3228	192	4	/	/	SYM
cjal-3228	192	5	oct	oct	PROPN
cjal-3228	192	6	1994	1994	NUM
cjal-3228	192	7	.	.	PUNCT
cjal-3228	193	1	[	[	X
cjal-3228	193	2	17:2	17:2	NUM
cjal-3228	193	3	china	china	PROPN
cjal-3228	193	4	's	's	PART
cjal-3228	193	5	system	system	NOUN
cjal-3228	193	6	of	of	ADP
cjal-3228	193	7	foreign	foreign	ADJ
cjal-3228	193	8	exchange	exchange	NOUN
cjal-3228	193	9	designated	designate	VERB
cjal-3228	193	10	foreign	foreign	ADJ
cjal-3228	193	11	exchange	exchange	NOUN
cjal-3228	193	12	banks	bank	NOUN
cjal-3228	193	13	.	.	PUNCT
cjal-3228	194	1	at	at	ADP
cjal-3228	194	2	the	the	DET
cjal-3228	194	3	same	same	ADJ
cjal-3228	194	4	time	time	NOUN
cjal-3228	194	5	,	,	PUNCT
cjal-3228	194	6	any	any	DET
cjal-3228	194	7	domestic	domestic	ADJ
cjal-3228	194	8	chinese	chinese	ADJ
cjal-3228	194	9	enterprise	enterprise	NOUN
cjal-3228	194	10	wishing	wish	VERB
cjal-3228	194	11	to	to	PART
cjal-3228	194	12	purchase	purchase	VERB
cjal-3228	194	13	foreign	foreign	ADJ
cjal-3228	194	14	currency	currency	NOUN
cjal-3228	194	15	could	could	AUX
cjal-3228	194	16	do	do	VERB
cjal-3228	194	17	so	so	ADV
cjal-3228	194	18	directly	directly	ADV
cjal-3228	194	19	from	from	ADP
cjal-3228	194	20	one	one	NUM
cjal-3228	194	21	of	of	ADP
cjal-3228	194	22	these	these	DET
cjal-3228	194	23	banks	bank	NOUN
cjal-3228	194	24	,	,	PUNCT
cjal-3228	194	25	instead	instead	ADV
cjal-3228	194	26	of	of	ADP
cjal-3228	194	27	through	through	ADP
cjal-3228	194	28	the	the	DET
cjal-3228	194	29	swap	swap	NOUN
cjal-3228	194	30	centers	center	NOUN
cjal-3228	194	31	.	.	PUNCT
cjal-3228	194	32	'	'	PUNCT
cjal-3228	195	1	for	for	ADP
cjal-3228	195	2	importers	importer	NOUN
cjal-3228	195	3	and	and	CCONJ
cjal-3228	195	4	others	other	NOUN
cjal-3228	195	5	purchasing	purchase	VERB
cjal-3228	195	6	foreign	foreign	ADJ
cjal-3228	195	7	currency	currency	NOUN
cjal-3228	195	8	for	for	ADP
cjal-3228	195	9	current	current	ADJ
cjal-3228	195	10	account	account	NOUN
cjal-3228	195	11	transactions	transaction	NOUN
cjal-3228	195	12	,	,	PUNCT
cjal-3228	195	13	pre	pre	ADJ
cjal-3228	195	14	-	-	NOUN
cjal-3228	195	15	approval	approval	NOUN
cjal-3228	195	16	by	by	ADP
cjal-3228	195	17	safe	safe	ADJ
cjal-3228	195	18	was	be	AUX
cjal-3228	195	19	no	no	ADV
cjal-3228	195	20	longer	long	ADV
cjal-3228	195	21	required	require	VERB
cjal-3228	195	22	,	,	PUNCT
cjal-3228	195	23	and	and	CCONJ
cjal-3228	195	24	the	the	DET
cjal-3228	195	25	overall	overall	ADJ
cjal-3228	195	26	procedures	procedure	NOUN
cjal-3228	195	27	for	for	ADP
cjal-3228	195	28	obtaining	obtain	VERB
cjal-3228	195	29	foreign	foreign	ADJ
cjal-3228	195	30	currency	currency	NOUN
cjal-3228	195	31	were	be	AUX
cjal-3228	195	32	simplified	simplify	VERB
cjal-3228	195	33	and	and	CCONJ
cjal-3228	195	34	expedited	expedite	VERB
cjal-3228	195	35	dramatically	dramatically	ADV
cjal-3228	195	36	.	.	PUNCT
cjal-3228	196	1	although	although	SCONJ
cjal-3228	196	2	chinese	chinese	ADJ
cjal-3228	196	3	enterprises	enterprise	NOUN
cjal-3228	196	4	to	to	ADP
cjal-3228	196	5	some	some	DET
cjal-3228	196	6	extent	extent	NOUN
cjal-3228	196	7	lost	lose	VERB
cjal-3228	196	8	direct	direct	ADJ
cjal-3228	196	9	control	control	NOUN
cjal-3228	196	10	over	over	ADP
cjal-3228	196	11	their	their	PRON
cjal-3228	196	12	forex	forex	ADJ
cjal-3228	196	13	earnings	earning	NOUN
cjal-3228	196	14	under	under	ADP
cjal-3228	196	15	the	the	DET
cjal-3228	196	16	bank	bank	NOUN
cjal-3228	196	17	settlement	settlement	NOUN
cjal-3228	196	18	system	system	NOUN
cjal-3228	196	19	,	,	PUNCT
cjal-3228	196	20	overall	overall	ADJ
cjal-3228	196	21	access	access	NOUN
cjal-3228	196	22	to	to	ADP
cjal-3228	196	23	foreign	foreign	ADJ
cjal-3228	196	24	currency	currency	NOUN
cjal-3228	196	25	was	be	AUX
cjal-3228	196	26	increased	increase	VERB
cjal-3228	196	27	substantially.35	substantially.35	NOUN
cjal-3228	196	28	consolidating	consolidating	NOUN
cjal-3228	196	29	control	control	NOUN
cjal-3228	196	30	of	of	ADP
cjal-3228	196	31	the	the	DET
cjal-3228	196	32	nation	nation	NOUN
cjal-3228	196	33	's	's	PART
cjal-3228	196	34	foreign	foreign	ADJ
cjal-3228	196	35	currency	currency	NOUN
cjal-3228	196	36	in	in	ADP
cjal-3228	196	37	a	a	DET
cjal-3228	196	38	limited	limited	ADJ
cjal-3228	196	39	number	number	NOUN
cjal-3228	196	40	of	of	ADP
cjal-3228	196	41	banks	bank	NOUN
cjal-3228	196	42	served	serve	VERB
cjal-3228	196	43	several	several	ADJ
cjal-3228	196	44	goals	goal	NOUN
cjal-3228	196	45	of	of	ADP
cjal-3228	196	46	the	the	DET
cjal-3228	196	47	central	central	ADJ
cjal-3228	196	48	government	government	NOUN
cjal-3228	196	49	.	.	PUNCT
cjal-3228	197	1	first	first	ADV
cjal-3228	197	2	of	of	ADP
cjal-3228	197	3	all	all	PRON
cjal-3228	197	4	,	,	PUNCT
cjal-3228	197	5	the	the	DET
cjal-3228	197	6	government	government	NOUN
cjal-3228	197	7	could	could	AUX
cjal-3228	197	8	more	more	ADV
cjal-3228	197	9	easily	easily	ADV
cjal-3228	197	10	and	and	CCONJ
cjal-3228	197	11	efficiently	efficiently	ADV
cjal-3228	197	12	monitor	monitor	VERB
cjal-3228	197	13	and	and	CCONJ
cjal-3228	197	14	control	control	VERB
cjal-3228	197	15	the	the	DET
cjal-3228	197	16	flow	flow	NOUN
cjal-3228	197	17	of	of	ADP
cjal-3228	197	18	foreign	foreign	ADJ
cjal-3228	197	19	exchange	exchange	NOUN
cjal-3228	197	20	through	through	ADP
cjal-3228	197	21	regulation	regulation	NOUN
cjal-3228	197	22	of	of	ADP
cjal-3228	197	23	bank	bank	NOUN
cjal-3228	197	24	accounts	account	NOUN
cjal-3228	197	25	than	than	ADP
cjal-3228	197	26	through	through	ADP
cjal-3228	197	27	direct	direct	ADJ
cjal-3228	197	28	regulation	regulation	NOUN
cjal-3228	197	29	of	of	ADP
cjal-3228	197	30	every	every	DET
cjal-3228	197	31	transaction	transaction	NOUN
cjal-3228	197	32	in	in	ADP
cjal-3228	197	33	the	the	DET
cjal-3228	197	34	swap	swap	NOUN
cjal-3228	197	35	centers.36	centers.36	NOUN
cjal-3228	197	36	secondly	secondly	ADV
cjal-3228	197	37	,	,	PUNCT
cjal-3228	197	38	the	the	DET
cjal-3228	197	39	new	new	ADJ
cjal-3228	197	40	system	system	NOUN
cjal-3228	197	41	allowed	allow	VERB
cjal-3228	197	42	foreign	foreign	ADJ
cjal-3228	197	43	currency	currency	NOUN
cjal-3228	197	44	to	to	PART
cjal-3228	197	45	flow	flow	VERB
cjal-3228	197	46	more	more	ADV
cjal-3228	197	47	rapidly	rapidly	ADV
cjal-3228	197	48	and	and	CCONJ
cjal-3228	197	49	efficiently	efficiently	ADV
cjal-3228	197	50	through	through	ADP
cjal-3228	197	51	the	the	DET
cjal-3228	197	52	economy	economy	NOUN
cjal-3228	197	53	than	than	ADP
cjal-3228	197	54	under	under	ADP
cjal-3228	197	55	the	the	DET
cjal-3228	197	56	more	more	ADV
cjal-3228	197	57	cumbersome	cumbersome	ADJ
cjal-3228	197	58	retention	retention	NOUN
cjal-3228	197	59	system	system	NOUN
cjal-3228	197	60	,	,	PUNCT
cjal-3228	197	61	under	under	ADP
cjal-3228	197	62	which	which	PRON
cjal-3228	197	63	buying	buy	VERB
cjal-3228	197	64	back	back	ADP
cjal-3228	197	65	retained	retain	VERB
cjal-3228	197	66	forex	forex	ADJ
cjal-3228	197	67	required	require	VERB
cjal-3228	197	68	multiple	multiple	ADJ
cjal-3228	197	69	bureaucratic	bureaucratic	ADJ
cjal-3228	197	70	approvals	approval	NOUN
cjal-3228	197	71	.	.	PUNCT
cjal-3228	198	1	7	7	NUM
cjal-3228	198	2	thirdly	thirdly	ADV
cjal-3228	198	3	,	,	PUNCT
cjal-3228	198	4	by	by	ADP
cjal-3228	198	5	allowing	allow	VERB
cjal-3228	198	6	banks	bank	NOUN
cjal-3228	198	7	to	to	PART
cjal-3228	198	8	trade	trade	VERB
cjal-3228	198	9	foreign	foreign	ADJ
cjal-3228	198	10	currency	currency	NOUN
cjal-3228	198	11	surpluses	surplus	NOUN
cjal-3228	198	12	amongst	amongst	ADP
cjal-3228	198	13	themselves	themselves	PRON
cjal-3228	198	14	,	,	PUNCT
cjal-3228	198	15	the	the	DET
cjal-3228	198	16	bank	bank	NOUN
cjal-3228	198	17	settlement	settlement	NOUN
cjal-3228	198	18	system	system	NOUN
cjal-3228	198	19	eliminated	eliminate	VERB
cjal-3228	198	20	the	the	DET
cjal-3228	198	21	liquidity	liquidity	NOUN
cjal-3228	198	22	problem	problem	NOUN
cjal-3228	198	23	that	that	PRON
cjal-3228	198	24	had	have	AUX
cjal-3228	198	25	plagued	plague	VERB
cjal-3228	198	26	the	the	DET
cjal-3228	198	27	swap	swap	NOUN
cjal-3228	198	28	market	market	NOUN
cjal-3228	198	29	system	system	NOUN
cjal-3228	198	30	.	.	PUNCT
cjal-3228	199	1	38	38	NUM
cjal-3228	199	2	finally	finally	ADV
cjal-3228	199	3	,	,	PUNCT
cjal-3228	199	4	establishing	establish	VERB
cjal-3228	199	5	banks	bank	NOUN
cjal-3228	199	6	as	as	SCONJ
cjal-3228	199	7	the	the	DET
cjal-3228	199	8	central	central	ADJ
cjal-3228	199	9	players	player	NOUN
cjal-3228	199	10	in	in	ADP
cjal-3228	199	11	forex	forex	ADJ
cjal-3228	199	12	trading	trading	NOUN
cjal-3228	199	13	enhanced	enhance	VERB
cjal-3228	199	14	the	the	DET
cjal-3228	199	15	capabilities	capability	NOUN
cjal-3228	199	16	of	of	ADP
cjal-3228	199	17	the	the	DET
cjal-3228	199	18	financial	financial	ADJ
cjal-3228	199	19	sector	sector	NOUN
cjal-3228	199	20	and	and	CCONJ
cjal-3228	199	21	moved	move	VERB
cjal-3228	199	22	it	it	PRON
cjal-3228	199	23	towards	towards	ADP
cjal-3228	199	24	greater	great	ADJ
cjal-3228	199	25	integration	integration	NOUN
cjal-3228	199	26	with	with	ADP
cjal-3228	199	27	and	and	CCONJ
cjal-3228	199	28	conformity	conformity	NOUN
cjal-3228	199	29	to	to	ADP
cjal-3228	199	30	international	international	ADJ
cjal-3228	199	31	banking	banking	NOUN
cjal-3228	199	32	standards	standard	NOUN
cjal-3228	199	33	.	.	PUNCT
cjal-3228	200	1	perhaps	perhaps	ADV
cjal-3228	200	2	the	the	DET
cjal-3228	200	3	most	most	ADV
cjal-3228	200	4	important	important	ADJ
cjal-3228	200	5	aspect	aspect	NOUN
cjal-3228	200	6	of	of	ADP
cjal-3228	200	7	the	the	DET
cjal-3228	200	8	new	new	ADJ
cjal-3228	200	9	bank	bank	NOUN
cjal-3228	200	10	-	-	PUNCT
cjal-3228	200	11	centered	center	VERB
cjal-3228	200	12	system	system	NOUN
cjal-3228	200	13	was	be	AUX
cjal-3228	200	14	the	the	DET
cjal-3228	200	15	establishment	establishment	NOUN
cjal-3228	200	16	of	of	ADP
cjal-3228	200	17	the	the	DET
cjal-3228	200	18	interbank	interbank	ADJ
cjal-3228	200	19	foreign	foreign	ADJ
cjal-3228	200	20	exchange	exchange	NOUN
cjal-3228	200	21	trading	trading	NOUN
cjal-3228	200	22	market	market	NOUN
cjal-3228	200	23	(	(	PUNCT
cjal-3228	200	24	yinhangjian	yinhangjian	PROPN
cjal-3228	200	25	waihuijiaoyi	waihuijiaoyi	PROPN
cjal-3228	200	26	shichang	shichang	PROPN
cjal-3228	200	27	)	)	PUNCT
cjal-3228	200	28	.	.	PUNCT
cjal-3228	201	1	this	this	DET
cjal-3228	201	2	market	market	NOUN
cjal-3228	201	3	,	,	PUNCT
cjal-3228	201	4	described	describe	VERB
cjal-3228	201	5	in	in	ADP
cjal-3228	201	6	more	more	ADJ
cjal-3228	201	7	detail	detail	NOUN
cjal-3228	201	8	in	in	ADP
cjal-3228	201	9	section	section	NOUN
cjal-3228	201	10	v	v	ADP
cjal-3228	201	11	below	below	ADV
cjal-3228	201	12	,	,	PUNCT
cjal-3228	201	13	established	establish	VERB
cjal-3228	201	14	a	a	DET
cjal-3228	201	15	single	single	ADJ
cjal-3228	201	16	national	national	ADJ
cjal-3228	201	17	"	"	PUNCT
cjal-3228	201	18	market	market	NOUN
cjal-3228	201	19	"	"	PUNCT
cjal-3228	201	20	exchange	exchange	NOUN
cjal-3228	201	21	rate	rate	NOUN
cjal-3228	201	22	.	.	PUNCT
cjal-3228	202	1	on	on	ADP
cjal-3228	202	2	april	april	PROPN
cjal-3228	202	3	4	4	NUM
cjal-3228	202	4	,	,	PUNCT
cjal-3228	202	5	1994	1994	NUM
cjal-3228	202	6	,	,	PUNCT
cjal-3228	202	7	the	the	DET
cjal-3228	202	8	china	china	PROPN
cjal-3228	202	9	foreign	foreign	PROPN
cjal-3228	202	10	34	34	NUM
cjal-3228	202	11	under	under	ADP
cjal-3228	202	12	the	the	DET
cjal-3228	202	13	bank	bank	NOUN
cjal-3228	202	14	settlement	settlement	NOUN
cjal-3228	202	15	system	system	NOUN
cjal-3228	202	16	,	,	PUNCT
cjal-3228	202	17	foreign	foreign	ADJ
cjal-3228	202	18	currency	currency	NOUN
cjal-3228	202	19	purchases	purchase	NOUN
cjal-3228	202	20	are	be	AUX
cjal-3228	202	21	still	still	ADV
cjal-3228	202	22	subject	subject	ADJ
cjal-3228	202	23	to	to	ADP
cjal-3228	202	24	limitations	limitation	NOUN
cjal-3228	202	25	,	,	PUNCT
cjal-3228	202	26	depending	depend	VERB
cjal-3228	202	27	on	on	ADP
cjal-3228	202	28	whether	whether	SCONJ
cjal-3228	202	29	the	the	DET
cjal-3228	202	30	foreign	foreign	ADJ
cjal-3228	202	31	exchange	exchange	NOUN
cjal-3228	202	32	would	would	AUX
cjal-3228	202	33	be	be	AUX
cjal-3228	202	34	used	use	VERB
cjal-3228	202	35	for	for	ADP
cjal-3228	202	36	current	current	ADJ
cjal-3228	202	37	account	account	NOUN
cjal-3228	202	38	or	or	CCONJ
cjal-3228	202	39	capital	capital	NOUN
cjal-3228	202	40	account	account	NOUN
cjal-3228	202	41	transactions	transaction	NOUN
cjal-3228	202	42	.	.	PUNCT
cjal-3228	203	1	for	for	ADP
cjal-3228	203	2	all	all	DET
cjal-3228	203	3	foreign	foreign	ADJ
cjal-3228	203	4	currency	currency	NOUN
cjal-3228	203	5	purchases	purchase	NOUN
cjal-3228	203	6	and	and	CCONJ
cjal-3228	203	7	outward	outward	ADJ
cjal-3228	203	8	remittances	remittance	NOUN
cjal-3228	203	9	,	,	PUNCT
cjal-3228	203	10	proper	proper	ADJ
cjal-3228	203	11	documentation	documentation	NOUN
cjal-3228	203	12	had	have	VERB
cjal-3228	203	13	to	to	PART
cjal-3228	203	14	be	be	AUX
cjal-3228	203	15	submitted	submit	VERB
cjal-3228	203	16	to	to	ADP
cjal-3228	203	17	the	the	DET
cjal-3228	203	18	bank	bank	NOUN
cjal-3228	203	19	at	at	ADP
cjal-3228	203	20	the	the	DET
cjal-3228	203	21	time	time	NOUN
cjal-3228	203	22	of	of	ADP
cjal-3228	203	23	purchase	purchase	NOUN
cjal-3228	203	24	.	.	PUNCT
cjal-3228	204	1	for	for	ADP
cjal-3228	204	2	details	detail	NOUN
cjal-3228	204	3	,	,	PUNCT
cjal-3228	204	4	see	see	VERB
cjal-3228	204	5	section	section	NOUN
cjal-3228	204	6	iv	iv	ADP
cjal-3228	204	7	below	below	ADV
cjal-3228	204	8	.	.	PUNCT
cjal-3228	205	1	35china	35china	NOUN
cjal-3228	205	2	's	's	PART
cjal-3228	205	3	foreign	foreign	ADJ
cjal-3228	205	4	exchange	exchange	NOUN
cjal-3228	205	5	market	market	NOUN
cjal-3228	205	6	,	,	PUNCT
cjal-3228	205	7	supra	supra	PROPN
cjal-3228	205	8	note	note	NOUN
cjal-3228	205	9	3	3	NUM
cjal-3228	205	10	,	,	PUNCT
cjal-3228	205	11	at	at	ADP
cjal-3228	205	12	29	29	NUM
cjal-3228	205	13	-	-	SYM
cjal-3228	205	14	30	30	NUM
cjal-3228	205	15	.	.	PUNCT
cjal-3228	206	1	36	36	NUM
cjal-3228	206	2	larry	larry	PROPN
cjal-3228	206	3	drumm	drumm	PROPN
cjal-3228	206	4	,	,	PUNCT
cjal-3228	206	5	foreign	foreign	ADJ
cjal-3228	206	6	exchange	exchange	NOUN
cjal-3228	206	7	reform	reform	NOUN
cjal-3228	206	8	in	in	ADP
cjal-3228	206	9	the	the	DET
cjal-3228	206	10	people	people	NOUN
cjal-3228	206	11	's	's	PART
cjal-3228	206	12	republic	republic	NOUN
cjal-3228	206	13	of	of	ADP
cjal-3228	206	14	china	china	PROPN
cjal-3228	206	15	,	,	PUNCT
cjal-3228	206	16	18	18	NUM
cjal-3228	206	17	hastings	hasting	NOUN
cjal-3228	206	18	int'l	int'l	NOUN
cjal-3228	206	19	&	&	CCONJ
cjal-3228	206	20	comp	comp	PROPN
cjal-3228	206	21	.	.	PUNCT
cjal-3228	207	1	l.	l.	PROPN
cjal-3228	207	2	rev	rev	PROPN
cjal-3228	207	3	.	.	PROPN
cjal-3228	207	4	359	359	NUM
cjal-3228	207	5	,	,	PUNCT
cjal-3228	207	6	387	387	NUM
cjal-3228	207	7	-	-	SYM
cjal-3228	207	8	8	8	NUM
cjal-3228	207	9	.	.	PUNCT
cjal-3228	208	1	under	under	ADP
cjal-3228	208	2	the	the	DET
cjal-3228	208	3	bank	bank	NOUN
cjal-3228	208	4	settlement	settlement	NOUN
cjal-3228	208	5	system	system	NOUN
cjal-3228	208	6	,	,	PUNCT
cjal-3228	208	7	not	not	PART
cjal-3228	208	8	only	only	ADV
cjal-3228	208	9	was	be	AUX
cjal-3228	208	10	there	there	PRON
cjal-3228	208	11	a	a	DET
cjal-3228	208	12	unified	unified	ADJ
cjal-3228	208	13	paper	paper	NOUN
cjal-3228	208	14	trail	trail	NOUN
cjal-3228	208	15	for	for	ADP
cjal-3228	208	16	all	all	DET
cjal-3228	208	17	forex	forex	ADJ
cjal-3228	208	18	purchases	purchase	NOUN
cjal-3228	208	19	made	make	VERB
cjal-3228	208	20	by	by	ADP
cjal-3228	208	21	an	an	DET
cjal-3228	208	22	enterprise	enterprise	NOUN
cjal-3228	208	23	,	,	PUNCT
cjal-3228	208	24	but	but	CCONJ
cjal-3228	208	25	enterprises	enterprise	NOUN
cjal-3228	208	26	were	be	AUX
cjal-3228	208	27	also	also	ADV
cjal-3228	208	28	no	no	ADV
cjal-3228	208	29	longer	long	ADV
cjal-3228	208	30	able	able	ADJ
cjal-3228	208	31	to	to	PART
cjal-3228	208	32	stockpile	stockpile	VERB
cjal-3228	208	33	forex	forex	ADJ
cjal-3228	208	34	retention	retention	NOUN
cjal-3228	208	35	rights	right	NOUN
cjal-3228	208	36	,	,	PUNCT
cjal-3228	208	37	as	as	SCONJ
cjal-3228	208	38	they	they	PRON
cjal-3228	208	39	had	have	AUX
cjal-3228	208	40	been	be	AUX
cjal-3228	208	41	able	able	ADJ
cjal-3228	208	42	to	to	PART
cjal-3228	208	43	do	do	VERB
cjal-3228	208	44	under	under	ADP
cjal-3228	208	45	the	the	DET
cjal-3228	208	46	old	old	ADJ
cjal-3228	208	47	regime	regime	NOUN
cjal-3228	208	48	.	.	PUNCT
cjal-3228	209	1	i	i	PRON
cjal-3228	209	2	d.	d.	PROPN
cjal-3228	209	3	37china	37china	PROPN
cjal-3228	209	4	's	's	PART
cjal-3228	209	5	foreign	foreign	ADJ
cjal-3228	209	6	exchange	exchange	NOUN
cjal-3228	209	7	market	market	NOUN
cjal-3228	209	8	,	,	PUNCT
cjal-3228	209	9	supra	supra	PROPN
cjal-3228	209	10	note	note	NOUN
cjal-3228	209	11	3	3	NUM
cjal-3228	209	12	,	,	PUNCT
cjal-3228	209	13	at	at	ADP
cjal-3228	209	14	30	30	NUM
cjal-3228	209	15	.	.	PUNCT
cjal-3228	210	1	38	38	NUM
cjal-3228	211	1	i	i	PROPN
cjal-3228	211	2	d.	d.	PROPN
cjal-3228	211	3	2004	2004	NUM
cjal-3228	211	4	]	]	PUNCT
cjal-3228	211	5	col	col	PROPN
cjal-3228	211	6	umbia	umbia	PROPN
cjal-3228	211	7	journal	journal	PROPN
cjal-3228	211	8	of	of	ADP
cjal-3228	211	9	asian	asian	ADJ
cjal-3228	211	10	law	law	PROPN
cjal-3228	211	11	exchange	exchange	NOUN
cjal-3228	211	12	trading	trading	NOUN
cjal-3228	211	13	center	center	NOUN
cjal-3228	211	14	(	(	PUNCT
cjal-3228	211	15	cfetc	cfetc	NOUN
cjal-3228	211	16	)	)	PUNCT
cjal-3228	211	17	(	(	PUNCT
cjal-3228	211	18	zhongguo	zhongguo	PROPN
cjal-3228	211	19	waihui	waihui	PROPN
cjal-3228	211	20	jiaoyi	jiaoyi	PROPN
cjal-3228	211	21	zhongxin	zhongxin	PROPN
cjal-3228	211	22	)	)	PUNCT
cjal-3228	211	23	opened	open	VERB
cjal-3228	211	24	in	in	ADP
cjal-3228	211	25	shanghai	shanghai	PROPN
cjal-3228	211	26	,	,	PUNCT
cjal-3228	211	27	connecting	connect	VERB
cjal-3228	211	28	by	by	ADP
cjal-3228	211	29	electronic	electronic	ADJ
cjal-3228	211	30	network	network	NOUN
cjal-3228	211	31	all	all	DET
cjal-3228	211	32	domestic	domestic	ADJ
cjal-3228	211	33	and	and	CCONJ
cjal-3228	211	34	foreign	foreign	ADJ
cjal-3228	211	35	financial	financial	ADJ
cjal-3228	211	36	institutions	institution	NOUN
cjal-3228	211	37	licensed	license	VERB
cjal-3228	211	38	to	to	PART
cjal-3228	211	39	trade	trade	VERB
cjal-3228	211	40	forex	forex	ADJ
cjal-3228	211	41	.	.	PUNCT
cjal-3228	212	1	cfetc	cfetc	NOUN
cjal-3228	212	2	also	also	ADV
cjal-3228	212	3	incorporated	incorporate	VERB
cjal-3228	212	4	the	the	DET
cjal-3228	212	5	swap	swap	NOUN
cjal-3228	212	6	centers	center	NOUN
cjal-3228	212	7	which	which	PRON
cjal-3228	212	8	continued	continue	VERB
cjal-3228	212	9	to	to	PART
cjal-3228	212	10	serve	serve	VERB
cjal-3228	212	11	foreign	foreign	ADJ
cjal-3228	212	12	-	-	PUNCT
cjal-3228	212	13	invested	invest	VERB
cjal-3228	212	14	enterprises	enterprise	NOUN
cjal-3228	212	15	until	until	ADP
cjal-3228	212	16	1998	1998	NUM
cjal-3228	212	17	thereby	thereby	ADV
cjal-3228	212	18	guaranteeing	guarantee	VERB
cjal-3228	212	19	sufficient	sufficient	ADJ
cjal-3228	212	20	liquidity	liquidity	NOUN
cjal-3228	212	21	for	for	ADP
cjal-3228	212	22	fies	fie	NOUN
cjal-3228	212	23	.	.	PUNCT
cjal-3228	213	1	although	although	SCONJ
cjal-3228	213	2	access	access	NOUN
cjal-3228	213	3	to	to	ADP
cjal-3228	213	4	foreign	foreign	ADJ
cjal-3228	213	5	exchange	exchange	NOUN
cjal-3228	213	6	was	be	AUX
cjal-3228	213	7	greatly	greatly	ADV
cjal-3228	213	8	liberalized	liberalize	VERB
cjal-3228	213	9	by	by	ADP
cjal-3228	213	10	the	the	DET
cjal-3228	213	11	1994	1994	NUM
cjal-3228	213	12	reforms	reform	NOUN
cjal-3228	213	13	,	,	PUNCT
cjal-3228	213	14	the	the	DET
cjal-3228	213	15	unification	unification	NOUN
cjal-3228	213	16	of	of	ADP
cjal-3228	213	17	the	the	DET
cjal-3228	213	18	exchange	exchange	NOUN
cjal-3228	213	19	rate	rate	NOUN
cjal-3228	213	20	through	through	ADP
cjal-3228	213	21	the	the	DET
cjal-3228	213	22	creation	creation	NOUN
cjal-3228	213	23	of	of	ADP
cjal-3228	213	24	the	the	DET
cjal-3228	213	25	interbank	interbank	NOUN
cjal-3228	213	26	market	market	NOUN
cjal-3228	213	27	did	do	AUX
cjal-3228	213	28	not	not	PART
cjal-3228	213	29	mark	mark	VERB
cjal-3228	213	30	a	a	DET
cjal-3228	213	31	liberalization	liberalization	NOUN
cjal-3228	213	32	of	of	ADP
cjal-3228	213	33	exchange	exchange	NOUN
cjal-3228	213	34	rate	rate	NOUN
cjal-3228	213	35	policy	policy	NOUN
cjal-3228	213	36	,	,	PUNCT
cjal-3228	213	37	but	but	CCONJ
cjal-3228	213	38	rather	rather	ADV
cjal-3228	213	39	a	a	DET
cjal-3228	213	40	consolidation	consolidation	NOUN
cjal-3228	213	41	and	and	CCONJ
cjal-3228	213	42	centralization	centralization	NOUN
cjal-3228	213	43	of	of	ADP
cjal-3228	213	44	control	control	NOUN
cjal-3228	213	45	over	over	ADP
cjal-3228	213	46	exchange	exchange	NOUN
cjal-3228	213	47	rate	rate	NOUN
cjal-3228	213	48	movements	movement	NOUN
cjal-3228	213	49	.	.	PUNCT
cjal-3228	214	1	the	the	DET
cjal-3228	214	2	single	single	ADJ
cjal-3228	214	3	interbank	interbank	NOUN
cjal-3228	214	4	market	market	NOUN
cjal-3228	214	5	has	have	AUX
cjal-3228	214	6	allowed	allow	VERB
cjal-3228	214	7	the	the	DET
cjal-3228	214	8	central	central	ADJ
cjal-3228	214	9	government	government	NOUN
cjal-3228	214	10	to	to	PART
cjal-3228	214	11	prevent	prevent	VERB
cjal-3228	214	12	unwanted	unwanted	ADJ
cjal-3228	214	13	exchange	exchange	NOUN
cjal-3228	214	14	rate	rate	NOUN
cjal-3228	214	15	volatility	volatility	NOUN
cjal-3228	214	16	through	through	ADP
cjal-3228	214	17	regulation	regulation	NOUN
cjal-3228	214	18	of	of	ADP
cjal-3228	214	19	the	the	DET
cjal-3228	214	20	market	market	NOUN
cjal-3228	214	21	and	and	CCONJ
cjal-3228	214	22	intervention	intervention	NOUN
cjal-3228	214	23	by	by	ADP
cjal-3228	214	24	the	the	DET
cjal-3228	214	25	central	central	ADJ
cjal-3228	214	26	bank	bank	NOUN
cjal-3228	214	27	.	.	PUNCT
cjal-3228	215	1	after	after	ADP
cjal-3228	215	2	appreciating	appreciate	VERB
cjal-3228	215	3	to	to	ADP
cjal-3228	215	4	around	around	ADP
cjal-3228	215	5	8.3	8.3	NUM
cjal-3228	215	6	to	to	ADP
cjal-3228	215	7	the	the	DET
cjal-3228	215	8	dollar	dollar	NOUN
cjal-3228	215	9	in	in	ADP
cjal-3228	215	10	1995	1995	NUM
cjal-3228	215	11	,	,	PUNCT
cjal-3228	215	12	the	the	DET
cjal-3228	215	13	exchange	exchange	NOUN
cjal-3228	215	14	rate	rate	NOUN
cjal-3228	215	15	has	have	AUX
cjal-3228	215	16	not	not	PART
cjal-3228	215	17	been	be	AUX
cjal-3228	215	18	permitted	permit	VERB
cjal-3228	215	19	to	to	PART
cjal-3228	215	20	move	move	VERB
cjal-3228	215	21	significantly	significantly	ADV
cjal-3228	215	22	since	since	ADV
cjal-3228	215	23	.	.	PUNCT
cjal-3228	216	1	after	after	ADP
cjal-3228	216	2	a	a	DET
cjal-3228	216	3	couple	couple	NOUN
cjal-3228	216	4	of	of	ADP
cjal-3228	216	5	years	year	NOUN
cjal-3228	216	6	of	of	ADP
cjal-3228	216	7	settling	settle	VERB
cjal-3228	216	8	into	into	ADP
cjal-3228	216	9	the	the	DET
cjal-3228	216	10	new	new	ADJ
cjal-3228	216	11	bank	bank	PROPN
cjal-3228	216	12	settlement	settlement	NOUN
cjal-3228	216	13	system	system	NOUN
cjal-3228	216	14	,	,	PUNCT
cjal-3228	216	15	1996	1996	NUM
cjal-3228	216	16	saw	see	VERB
cjal-3228	216	17	a	a	DET
cjal-3228	216	18	new	new	ADJ
cjal-3228	216	19	round	round	NOUN
cjal-3228	216	20	of	of	ADP
cjal-3228	216	21	forex	forex	ADJ
cjal-3228	216	22	reforms	reform	NOUN
cjal-3228	216	23	,	,	PUNCT
cjal-3228	216	24	culminating	culminate	VERB
cjal-3228	216	25	in	in	ADP
cjal-3228	216	26	china	china	PROPN
cjal-3228	216	27	's	's	PART
cjal-3228	216	28	official	official	ADJ
cjal-3228	216	29	acceptance	acceptance	NOUN
cjal-3228	216	30	of	of	ADP
cjal-3228	216	31	article	article	NOUN
cjal-3228	216	32	viii	viii	VERB
cjal-3228	216	33	of	of	ADP
cjal-3228	216	34	the	the	DET
cjal-3228	216	35	international	international	ADJ
cjal-3228	216	36	monetary	monetary	ADJ
cjal-3228	216	37	fund	fund	NOUN
cjal-3228	216	38	(	(	PUNCT
cjal-3228	216	39	imf	imf	PROPN
cjal-3228	216	40	)	)	PUNCT
cjal-3228	216	41	articles	article	NOUN
cjal-3228	216	42	of	of	ADP
cjal-3228	216	43	agreement	agreement	NOUN
cjal-3228	216	44	39	39	NUM
cjal-3228	216	45	in	in	ADP
cjal-3228	216	46	december	december	PROPN
cjal-3228	216	47	1996	1996	NUM
cjal-3228	216	48	.	.	PUNCT
cjal-3228	217	1	on	on	ADP
cjal-3228	217	2	april	april	PROPN
cjal-3228	217	3	1	1	NUM
cjal-3228	217	4	,	,	PUNCT
cjal-3228	217	5	1996	1996	NUM
cjal-3228	217	6	,	,	PUNCT
cjal-3228	217	7	a	a	DET
cjal-3228	217	8	new	new	ADJ
cjal-3228	217	9	set	set	NOUN
cjal-3228	217	10	of	of	ADP
cjal-3228	217	11	forex	forex	ADJ
cjal-3228	217	12	regulations	regulation	NOUN
cjal-3228	217	13	,	,	PUNCT
cjal-3228	217	14	the	the	DET
cjal-3228	217	15	people	people	NOUN
cjal-3228	217	16	's	's	PART
cjal-3228	217	17	republic	republic	NOUN
cjal-3228	217	18	of	of	ADP
cjal-3228	217	19	china	china	PROPN
cjal-3228	217	20	regulations	regulation	NOUN
cjal-3228	217	21	on	on	ADP
cjal-3228	217	22	management	management	NOUN
cjal-3228	217	23	of	of	ADP
cjal-3228	217	24	foreign	foreign	ADJ
cjal-3228	217	25	exchange	exchange	NOUN
cjal-3228	217	26	(	(	PUNCT
cjal-3228	217	27	forex	forex	ADJ
cjal-3228	217	28	regulations	regulation	NOUN
cjal-3228	217	29	)	)	PUNCT
cjal-3228	217	30	,	,	PUNCT
cjal-3228	217	31	4	4	NUM
cjal-3228	217	32	°	°	NUM
cjal-3228	217	33	came	come	VERB
cjal-3228	217	34	into	into	ADP
cjal-3228	217	35	effect	effect	NOUN
cjal-3228	217	36	.	.	PUNCT
cjal-3228	218	1	while	while	SCONJ
cjal-3228	218	2	these	these	DET
cjal-3228	218	3	new	new	ADJ
cjal-3228	218	4	rules	rule	NOUN
cjal-3228	218	5	were	be	AUX
cjal-3228	218	6	vague	vague	ADJ
cjal-3228	218	7	and	and	CCONJ
cjal-3228	218	8	largely	largely	ADV
cjal-3228	218	9	instituted	institute	VERB
cjal-3228	218	10	policy	policy	NOUN
cjal-3228	218	11	which	which	PRON
cjal-3228	218	12	had	have	AUX
cjal-3228	218	13	been	be	AUX
cjal-3228	218	14	in	in	ADP
cjal-3228	218	15	effect	effect	NOUN
cjal-3228	218	16	since	since	SCONJ
cjal-3228	218	17	1994	1994	NUM
cjal-3228	218	18	,	,	PUNCT
cjal-3228	218	19	they	they	PRON
cjal-3228	218	20	reflected	reflect	VERB
cjal-3228	218	21	the	the	DET
cjal-3228	218	22	chinese	chinese	ADJ
cjal-3228	218	23	government	government	NOUN
cjal-3228	218	24	's	's	PART
cjal-3228	218	25	commitment	commitment	NOUN
cjal-3228	218	26	to	to	PART
cjal-3228	218	27	eliminate	eliminate	VERB
cjal-3228	218	28	the	the	DET
cjal-3228	218	29	remaining	remain	VERB
cjal-3228	218	30	limitations	limitation	NOUN
cjal-3228	218	31	on	on	ADP
cjal-3228	218	32	foreign	foreign	ADJ
cjal-3228	218	33	exchange	exchange	NOUN
cjal-3228	218	34	derived	derive	VERB
cjal-3228	218	35	from	from	ADP
cjal-3228	218	36	or	or	CCONJ
cjal-3228	218	37	used	use	VERB
cjal-3228	218	38	for	for	ADP
cjal-3228	218	39	current	current	ADJ
cjal-3228	218	40	account	account	NOUN
cjal-3228	218	41	transactions	transaction	NOUN
cjal-3228	218	42	and	and	CCONJ
cjal-3228	218	43	have	have	AUX
cjal-3228	218	44	served	serve	VERB
cjal-3228	218	45	as	as	ADP
cjal-3228	218	46	the	the	DET
cjal-3228	218	47	basis	basis	NOUN
cjal-3228	218	48	for	for	ADP
cjal-3228	218	49	later	later	ADJ
cjal-3228	218	50	reforms	reform	NOUN
cjal-3228	218	51	.	.	PUNCT
cjal-3228	219	1	in	in	ADP
cjal-3228	219	2	july	july	PROPN
cjal-3228	219	3	1996	1996	NUM
cjal-3228	219	4	,	,	PUNCT
cjal-3228	219	5	the	the	DET
cjal-3228	219	6	bank	bank	NOUN
cjal-3228	219	7	settlement	settlement	NOUN
cjal-3228	219	8	system	system	NOUN
cjal-3228	219	9	was	be	AUX
cjal-3228	219	10	opened	open	VERB
cjal-3228	219	11	to	to	ADP
cjal-3228	219	12	fies	fie	NOUN
cjal-3228	219	13	,	,	PUNCT
cjal-3228	219	14	thus	thus	ADV
cjal-3228	219	15	obviating	obviate	VERB
cjal-3228	219	16	the	the	DET
cjal-3228	219	17	need	need	NOUN
cjal-3228	219	18	for	for	ADP
cjal-3228	219	19	the	the	DET
cjal-3228	219	20	swap	swap	NOUN
cjal-3228	219	21	markets	market	NOUN
cjal-3228	219	22	,	,	PUNCT
cjal-3228	219	23	which	which	PRON
cjal-3228	219	24	finally	finally	ADV
cjal-3228	219	25	disappeared	disappear	VERB
cjal-3228	219	26	in	in	ADP
cjal-3228	219	27	december	december	PROPN
cjal-3228	219	28	1998	1998	NUM
cjal-3228	219	29	.	.	PUNCT
cjal-3228	220	1	after	after	ADP
cjal-3228	220	2	eliminating	eliminate	VERB
cjal-3228	220	3	the	the	DET
cjal-3228	220	4	few	few	ADJ
cjal-3228	220	5	remaining	remain	VERB
cjal-3228	220	6	overt	overt	ADJ
cjal-3228	220	7	restrictions	restriction	NOUN
cjal-3228	220	8	on	on	ADP
cjal-3228	220	9	foreign	foreign	ADJ
cjal-3228	220	10	exchange	exchange	NOUN
cjal-3228	220	11	used	use	VERB
cjal-3228	220	12	for	for	ADP
cjal-3228	220	13	current	current	ADJ
cjal-3228	220	14	account	account	NOUN
cjal-3228	220	15	transactions	transaction	NOUN
cjal-3228	220	16	,	,	PUNCT
cjal-3228	220	17	on	on	ADP
cjal-3228	220	18	december	december	PROPN
cjal-3228	220	19	1	1	NUM
cjal-3228	220	20	,	,	PUNCT
cjal-3228	220	21	1996	1996	NUM
cjal-3228	220	22	beijing	beijing	PROPN
cjal-3228	220	23	formally	formally	ADV
cjal-3228	220	24	declared	declare	VERB
cjal-3228	220	25	that	that	SCONJ
cjal-3228	220	26	current	current	ADJ
cjal-3228	220	27	account	account	NOUN
cjal-3228	220	28	39	39	NUM
cjal-3228	220	29	imf	imf	PROPN
cjal-3228	220	30	art	art	NOUN
cjal-3228	220	31	.	.	PUNCT
cjal-3228	221	1	viii	viii	NOUN
cjal-3228	221	2	provides	provide	VERB
cjal-3228	221	3	,	,	PUNCT
cjal-3228	221	4	inter	inter	ADJ
cjal-3228	221	5	alia	alia	NOUN
cjal-3228	221	6	,	,	PUNCT
cjal-3228	221	7	that	that	SCONJ
cjal-3228	221	8	"	"	PUNCT
cjal-3228	221	9	no	no	DET
cjal-3228	221	10	member	member	NOUN
cjal-3228	221	11	shall	shall	AUX
cjal-3228	221	12	...	...	PUNCT
cjal-3228	221	13	impose	impose	VERB
cjal-3228	221	14	restrictions	restriction	NOUN
cjal-3228	221	15	on	on	ADP
cjal-3228	221	16	the	the	DET
cjal-3228	221	17	making	making	NOUN
cjal-3228	221	18	of	of	ADP
cjal-3228	221	19	payments	payment	NOUN
cjal-3228	221	20	and	and	CCONJ
cjal-3228	221	21	transfers	transfer	NOUN
cjal-3228	221	22	for	for	ADP
cjal-3228	221	23	current	current	ADJ
cjal-3228	221	24	international	international	ADJ
cjal-3228	221	25	transactions	transaction	NOUN
cjal-3228	221	26	.	.	PUNCT
cjal-3228	221	27	"	"	PUNCT
cjal-3228	222	1	in	in	ADP
cjal-3228	222	2	other	other	ADJ
cjal-3228	222	3	words	word	NOUN
cjal-3228	222	4	,	,	PUNCT
cjal-3228	222	5	it	it	PRON
cjal-3228	222	6	requires	require	VERB
cjal-3228	222	7	that	that	SCONJ
cjal-3228	222	8	members	member	NOUN
cjal-3228	222	9	allow	allow	VERB
cjal-3228	222	10	full	full	ADJ
cjal-3228	222	11	convertibility	convertibility	NOUN
cjal-3228	222	12	of	of	ADP
cjal-3228	222	13	their	their	PRON
cjal-3228	222	14	currencies	currency	NOUN
cjal-3228	222	15	for	for	ADP
cjal-3228	222	16	current	current	ADJ
cjal-3228	222	17	account	account	NOUN
cjal-3228	222	18	transactions	transaction	NOUN
cjal-3228	222	19	.	.	PUNCT
cjal-3228	223	1	the	the	DET
cjal-3228	223	2	vagueness	vagueness	NOUN
cjal-3228	223	3	of	of	ADP
cjal-3228	223	4	this	this	DET
cjal-3228	223	5	provision	provision	NOUN
cjal-3228	223	6	,	,	PUNCT
cjal-3228	223	7	however	however	ADV
cjal-3228	223	8	,	,	PUNCT
cjal-3228	223	9	allows	allow	VERB
cjal-3228	223	10	for	for	ADP
cjal-3228	223	11	indirect	indirect	ADJ
cjal-3228	223	12	restrictions	restriction	NOUN
cjal-3228	223	13	(	(	PUNCT
cjal-3228	223	14	such	such	ADJ
cjal-3228	223	15	as	as	ADP
cjal-3228	223	16	import	import	NOUN
cjal-3228	223	17	/	/	SYM
cjal-3228	223	18	export	export	NOUN
cjal-3228	223	19	licensing	licensing	NOUN
cjal-3228	223	20	)	)	PUNCT
cjal-3228	223	21	and	and	CCONJ
cjal-3228	223	22	procedural	procedural	ADJ
cjal-3228	223	23	roadblocks	roadblock	NOUN
cjal-3228	223	24	(	(	PUNCT
cjal-3228	223	25	such	such	ADJ
cjal-3228	223	26	as	as	ADP
cjal-3228	223	27	onerous	onerous	ADJ
cjal-3228	223	28	documentation	documentation	NOUN
cjal-3228	223	29	requirements	requirement	NOUN
cjal-3228	223	30	and	and	CCONJ
cjal-3228	223	31	delays	delay	NOUN
cjal-3228	223	32	in	in	ADP
cjal-3228	223	33	processing	processing	NOUN
cjal-3228	223	34	)	)	PUNCT
cjal-3228	223	35	,	,	PUNCT
cjal-3228	223	36	thus	thus	ADV
cjal-3228	223	37	limiting	limit	VERB
cjal-3228	223	38	its	its	PRON
cjal-3228	223	39	actual	actual	ADJ
cjal-3228	223	40	significance	significance	NOUN
cjal-3228	223	41	.	.	PUNCT
cjal-3228	224	1	40	40	NUM
cjal-3228	224	2	zhonghua	zhonghua	PROPN
cjal-3228	224	3	renmin	renmin	PROPN
cjal-3228	224	4	gongheguo	gongheguo	PROPN
cjal-3228	224	5	waihui	waihui	PROPN
cjal-3228	224	6	guanli	guanli	PROPN
cjal-3228	224	7	tiaoli	tiaoli	PROPN
cjal-3228	224	8	,	,	PUNCT
cjal-3228	224	9	promulgated	promulgate	VERB
cjal-3228	224	10	by	by	ADP
cjal-3228	224	11	the	the	DET
cjal-3228	224	12	state	state	PROPN
cjal-3228	224	13	council	council	PROPN
cjal-3228	224	14	on	on	ADP
cjal-3228	224	15	jan	jan	PROPN
cjal-3228	224	16	.	.	PROPN
cjal-3228	224	17	29	29	NUM
cjal-3228	224	18	,	,	PUNCT
cjal-3228	224	19	1996	1996	NUM
cjal-3228	224	20	and	and	CCONJ
cjal-3228	224	21	effective	effective	ADJ
cjal-3228	224	22	as	as	ADP
cjal-3228	224	23	of	of	ADP
cjal-3228	224	24	april	april	PROPN
cjal-3228	224	25	1	1	NUM
cjal-3228	224	26	,	,	PUNCT
cjal-3228	224	27	1996	1996	NUM
cjal-3228	224	28	.	.	PUNCT
cjal-3228	225	1	41	41	NUM
cjal-3228	225	2	anne	anne	PROPN
cjal-3228	225	3	stevenson	stevenson	PROPN
cjal-3228	225	4	-	-	PUNCT
cjal-3228	225	5	yang	yang	PROPN
cjal-3228	225	6	,	,	PUNCT
cjal-3228	225	7	easing	ease	VERB
cjal-3228	225	8	up	up	ADP
cjal-3228	225	9	on	on	ADP
cjal-3228	225	10	foreign	foreign	ADJ
cjal-3228	225	11	exchange	exchange	NOUN
cjal-3228	225	12	,	,	PUNCT
cjal-3228	225	13	china	china	PROPN
cjal-3228	225	14	bus	bus	PROPN
cjal-3228	225	15	.	.	PUNCT
cjal-3228	226	1	rev	rev	PROPN
cjal-3228	226	2	,	,	PUNCT
cjal-3228	226	3	mar	mar	PROPN
cjal-3228	226	4	/	/	SYM
cjal-3228	226	5	apr	apr	PROPN
cjal-3228	226	6	1996	1996	NUM
cjal-3228	226	7	.	.	PUNCT
cjal-3228	227	1	[	[	X
cjal-3228	227	2	17:2	17:2	NUM
cjal-3228	227	3	china	china	PROPN
cjal-3228	227	4	's	's	PART
cjal-3228	227	5	system	system	NOUN
cjal-3228	227	6	of	of	ADP
cjal-3228	227	7	foreign	foreign	ADJ
cjal-3228	227	8	exchange	exchange	NOUN
cjal-3228	227	9	transactions	transaction	NOUN
cjal-3228	227	10	were	be	AUX
cjal-3228	227	11	fully	fully	ADV
cjal-3228	227	12	convertible	convertible	ADJ
cjal-3228	227	13	and	and	CCONJ
cjal-3228	227	14	that	that	SCONJ
cjal-3228	227	15	china	china	PROPN
cjal-3228	227	16	therefore	therefore	ADV
cjal-3228	227	17	was	be	AUX
cjal-3228	227	18	in	in	ADP
cjal-3228	227	19	conformity	conformity	NOUN
cjal-3228	227	20	with	with	ADP
cjal-3228	227	21	imf	imf	PROPN
cjal-3228	227	22	article	article	NOUN
cjal-3228	227	23	viii	viii	VERB
cjal-3228	227	24	.	.	PUNCT
cjal-3228	228	1	the	the	DET
cjal-3228	228	2	realization	realization	NOUN
cjal-3228	228	3	of	of	ADP
cjal-3228	228	4	current	current	ADJ
cjal-3228	228	5	account	account	NOUN
cjal-3228	228	6	convertibility	convertibility	NOUN
cjal-3228	228	7	marked	mark	VERB
cjal-3228	228	8	a	a	DET
cjal-3228	228	9	major	major	ADJ
cjal-3228	228	10	milestone	milestone	NOUN
cjal-3228	228	11	in	in	ADP
cjal-3228	228	12	the	the	DET
cjal-3228	228	13	gradual	gradual	ADJ
cjal-3228	228	14	opening	opening	NOUN
cjal-3228	228	15	of	of	ADP
cjal-3228	228	16	the	the	DET
cjal-3228	228	17	chinese	chinese	ADJ
cjal-3228	228	18	economy	economy	NOUN
cjal-3228	228	19	to	to	ADP
cjal-3228	228	20	world	world	NOUN
cjal-3228	228	21	trade	trade	NOUN
cjal-3228	228	22	.	.	PUNCT
cjal-3228	229	1	current	current	ADJ
cjal-3228	229	2	account	account	NOUN
cjal-3228	229	3	convertibility	convertibility	NOUN
cjal-3228	229	4	was	be	AUX
cjal-3228	229	5	both	both	CCONJ
cjal-3228	229	6	a	a	DET
cjal-3228	229	7	symbol	symbol	NOUN
cjal-3228	229	8	of	of	ADP
cjal-3228	229	9	china	china	PROPN
cjal-3228	229	10	's	's	PART
cjal-3228	229	11	commitment	commitment	NOUN
cjal-3228	229	12	to	to	ADP
cjal-3228	229	13	free	free	ADJ
cjal-3228	229	14	trade	trade	NOUN
cjal-3228	229	15	and	and	CCONJ
cjal-3228	229	16	markets	market	NOUN
cjal-3228	229	17	as	as	ADV
cjal-3228	229	18	well	well	ADV
cjal-3228	229	19	as	as	ADP
cjal-3228	229	20	a	a	DET
cjal-3228	229	21	practical	practical	ADJ
cjal-3228	229	22	spur	spur	NOUN
cjal-3228	229	23	to	to	ADP
cjal-3228	229	24	further	further	ADJ
cjal-3228	229	25	rationalization	rationalization	NOUN
cjal-3228	229	26	and	and	CCONJ
cjal-3228	229	27	increased	increase	VERB
cjal-3228	229	28	efficiency	efficiency	NOUN
cjal-3228	229	29	of	of	ADP
cjal-3228	229	30	china	china	PROPN
cjal-3228	229	31	's	's	PART
cjal-3228	229	32	external	external	ADJ
cjal-3228	229	33	trade	trade	NOUN
cjal-3228	229	34	sector	sector	NOUN
cjal-3228	229	35	.	.	PUNCT
cjal-3228	230	1	it	it	PRON
cjal-3228	230	2	was	be	AUX
cjal-3228	230	3	also	also	ADV
cjal-3228	230	4	the	the	DET
cjal-3228	230	5	next	next	ADJ
cjal-3228	230	6	logical	logical	ADJ
cjal-3228	230	7	step	step	NOUN
cjal-3228	230	8	in	in	ADP
cjal-3228	230	9	china	china	PROPN
cjal-3228	230	10	's	's	PART
cjal-3228	230	11	economic	economic	ADJ
cjal-3228	230	12	reform	reform	NOUN
cjal-3228	230	13	and	and	CCONJ
cjal-3228	230	14	development	development	NOUN
cjal-3228	230	15	path	path	NOUN
cjal-3228	230	16	.	.	PUNCT
cjal-3228	231	1	prior	prior	ADV
cjal-3228	231	2	to	to	ADP
cjal-3228	231	3	declaring	declare	VERB
cjal-3228	231	4	current	current	ADJ
cjal-3228	231	5	account	account	NOUN
cjal-3228	231	6	convertibility	convertibility	NOUN
cjal-3228	231	7	in	in	ADP
cjal-3228	231	8	late	late	ADJ
cjal-3228	231	9	1996	1996	NUM
cjal-3228	231	10	,	,	PUNCT
cjal-3228	231	11	the	the	DET
cjal-3228	231	12	government	government	NOUN
cjal-3228	231	13	had	have	AUX
cjal-3228	231	14	maintained	maintain	VERB
cjal-3228	231	15	restrictions	restriction	NOUN
cjal-3228	231	16	on	on	ADP
cjal-3228	231	17	current	current	ADJ
cjal-3228	231	18	account	account	NOUN
cjal-3228	231	19	transactions	transaction	NOUN
cjal-3228	231	20	as	as	ADP
cjal-3228	231	21	part	part	NOUN
cjal-3228	231	22	of	of	ADP
cjal-3228	231	23	an	an	DET
cjal-3228	231	24	overall	overall	ADJ
cjal-3228	231	25	policy	policy	NOUN
cjal-3228	231	26	of	of	ADP
cjal-3228	231	27	gradual	gradual	ADJ
cjal-3228	231	28	and	and	CCONJ
cjal-3228	231	29	guided	guide	VERB
cjal-3228	231	30	liberalization	liberalization	NOUN
cjal-3228	231	31	of	of	ADP
cjal-3228	231	32	china	china	PROPN
cjal-3228	231	33	's	's	PART
cjal-3228	231	34	economy	economy	NOUN
cjal-3228	231	35	.	.	PUNCT
cjal-3228	232	1	in	in	ADP
cjal-3228	232	2	line	line	NOUN
cjal-3228	232	3	with	with	ADP
cjal-3228	232	4	its	its	PRON
cjal-3228	232	5	dirigiste	dirigiste	ADJ
cjal-3228	232	6	attitude	attitude	NOUN
cjal-3228	232	7	towards	towards	ADP
cjal-3228	232	8	economic	economic	ADJ
cjal-3228	232	9	development	development	NOUN
cjal-3228	232	10	,	,	PUNCT
cjal-3228	232	11	the	the	DET
cjal-3228	232	12	chinese	chinese	ADJ
cjal-3228	232	13	communist	communist	PROPN
cjal-3228	232	14	party	party	PROPN
cjal-3228	232	15	adopted	adopt	VERB
cjal-3228	232	16	rules	rule	NOUN
cjal-3228	232	17	designed	design	VERB
cjal-3228	232	18	to	to	PART
cjal-3228	232	19	ensure	ensure	VERB
cjal-3228	232	20	sufficient	sufficient	ADJ
cjal-3228	232	21	foreign	foreign	ADJ
cjal-3228	232	22	exchange	exchange	NOUN
cjal-3228	232	23	reserves	reserve	NOUN
cjal-3228	232	24	,	,	PUNCT
cjal-3228	232	25	guide	guide	VERB
cjal-3228	232	26	the	the	DET
cjal-3228	232	27	content	content	NOUN
cjal-3228	232	28	of	of	ADP
cjal-3228	232	29	imports	import	NOUN
cjal-3228	232	30	and	and	CCONJ
cjal-3228	232	31	exports	export	NOUN
cjal-3228	232	32	,	,	PUNCT
cjal-3228	232	33	and	and	CCONJ
cjal-3228	232	34	regulate	regulate	VERB
cjal-3228	232	35	the	the	DET
cjal-3228	232	36	activities	activity	NOUN
cjal-3228	232	37	of	of	ADP
cjal-3228	232	38	foreign	foreign	ADJ
cjal-3228	232	39	enterprises	enterprise	NOUN
cjal-3228	232	40	in	in	ADP
cjal-3228	232	41	china.42	china.42	NOUN
cjal-3228	232	42	by	by	ADP
cjal-3228	232	43	the	the	DET
cjal-3228	232	44	mid	mid	PROPN
cjal-3228	232	45	-	-	NOUN
cjal-3228	232	46	nineties	ninety	NOUN
cjal-3228	232	47	,	,	PUNCT
cjal-3228	232	48	however	however	ADV
cjal-3228	232	49	,	,	PUNCT
cjal-3228	232	50	domestic	domestic	ADJ
cjal-3228	232	51	and	and	CCONJ
cjal-3228	232	52	foreign	foreign	ADJ
cjal-3228	232	53	factors	factor	NOUN
cjal-3228	232	54	merged	merge	VERB
cjal-3228	232	55	to	to	PART
cjal-3228	232	56	impel	impel	VERB
cjal-3228	232	57	the	the	DET
cjal-3228	232	58	government	government	NOUN
cjal-3228	232	59	towards	towards	ADP
cjal-3228	232	60	full	full	ADJ
cjal-3228	232	61	convertibility	convertibility	NOUN
cjal-3228	232	62	of	of	ADP
cjal-3228	232	63	the	the	DET
cjal-3228	232	64	current	current	ADJ
cjal-3228	232	65	account	account	NOUN
cjal-3228	232	66	.	.	PUNCT
cjal-3228	233	1	first	first	ADV
cjal-3228	233	2	,	,	PUNCT
cjal-3228	233	3	and	and	CCONJ
cjal-3228	233	4	most	most	ADV
cjal-3228	233	5	importantly	importantly	ADV
cjal-3228	233	6	,	,	PUNCT
cjal-3228	233	7	china	china	PROPN
cjal-3228	233	8	's	's	PART
cjal-3228	233	9	balance	balance	NOUN
cjal-3228	233	10	of	of	ADP
cjal-3228	233	11	payments	payment	NOUN
cjal-3228	233	12	,	,	PUNCT
cjal-3228	233	13	after	after	ADP
cjal-3228	233	14	fluctuating	fluctuate	VERB
cjal-3228	233	15	dramatically	dramatically	ADV
cjal-3228	233	16	during	during	ADP
cjal-3228	233	17	the	the	DET
cjal-3228	233	18	1980s	1980	NOUN
cjal-3228	233	19	and	and	CCONJ
cjal-3228	233	20	early	early	ADJ
cjal-3228	233	21	1990s	1990s	NUM
cjal-3228	233	22	,	,	PUNCT
cjal-3228	233	23	had	have	AUX
cjal-3228	233	24	settled	settle	VERB
cjal-3228	233	25	into	into	ADP
cjal-3228	233	26	consistent	consistent	ADJ
cjal-3228	233	27	surpluses	surplus	NOUN
cjal-3228	233	28	,	,	PUNCT
cjal-3228	233	29	leading	lead	VERB
cjal-3228	233	30	to	to	ADP
cjal-3228	233	31	rapid	rapid	ADJ
cjal-3228	233	32	increases	increase	NOUN
cjal-3228	233	33	in	in	ADP
cjal-3228	233	34	china	china	PROPN
cjal-3228	233	35	's	's	PART
cjal-3228	233	36	foreign	foreign	ADJ
cjal-3228	233	37	exchange	exchange	NOUN
cjal-3228	233	38	reserves	reserve	NOUN
cjal-3228	233	39	.	.	PUNCT
cjal-3228	233	40	"	"	PUNCT
cjal-3228	234	1	these	these	DET
cjal-3228	234	2	increases	increase	NOUN
cjal-3228	234	3	in	in	ADP
cjal-3228	234	4	turn	turn	NOUN
cjal-3228	234	5	alleviated	alleviate	VERB
cjal-3228	234	6	downward	downward	ADJ
cjal-3228	234	7	pressure	pressure	NOUN
cjal-3228	234	8	on	on	ADP
cjal-3228	234	9	the	the	DET
cjal-3228	234	10	rmb	rmb	PROPN
cjal-3228	234	11	exchange	exchange	NOUN
cjal-3228	234	12	rate	rate	NOUN
cjal-3228	234	13	,	,	PUNCT
cjal-3228	234	14	increased	increase	VERB
cjal-3228	234	15	liquidity	liquidity	NOUN
cjal-3228	234	16	for	for	ADP
cjal-3228	234	17	the	the	DET
cjal-3228	234	18	forex	forex	ADJ
cjal-3228	234	19	market	market	NOUN
cjal-3228	234	20	,	,	PUNCT
cjal-3228	234	21	and	and	CCONJ
cjal-3228	234	22	reduced	reduce	VERB
cjal-3228	234	23	the	the	DET
cjal-3228	234	24	chances	chance	NOUN
cjal-3228	234	25	of	of	ADP
cjal-3228	234	26	a	a	DET
cjal-3228	234	27	balance	balance	NOUN
cjal-3228	234	28	of	of	ADP
cjal-3228	234	29	payments	payment	NOUN
cjal-3228	234	30	crisis	crisis	NOUN
cjal-3228	234	31	.	.	PUNCT
cjal-3228	235	1	the	the	DET
cjal-3228	235	2	government	government	NOUN
cjal-3228	235	3	's	's	PART
cjal-3228	235	4	willingness	willingness	NOUN
cjal-3228	235	5	to	to	PART
cjal-3228	235	6	relax	relax	VERB
cjal-3228	235	7	controls	control	NOUN
cjal-3228	235	8	on	on	ADP
cjal-3228	235	9	forex	forex	ADJ
cjal-3228	235	10	transactions	transaction	NOUN
cjal-3228	235	11	was	be	AUX
cjal-3228	235	12	also	also	ADV
cjal-3228	235	13	spurred	spur	VERB
cjal-3228	235	14	on	on	ADP
cjal-3228	235	15	by	by	ADP
cjal-3228	235	16	the	the	DET
cjal-3228	235	17	growing	grow	VERB
cjal-3228	235	18	global	global	ADJ
cjal-3228	235	19	competitiveness	competitiveness	NOUN
cjal-3228	235	20	of	of	ADP
cjal-3228	235	21	china	china	PROPN
cjal-3228	235	22	's	's	PART
cjal-3228	235	23	export	export	NOUN
cjal-3228	235	24	industries	industry	NOUN
cjal-3228	235	25	,	,	PUNCT
cjal-3228	235	26	steadily	steadily	ADV
cjal-3228	235	27	rising	rise	VERB
cjal-3228	235	28	foreign	foreign	ADJ
cjal-3228	235	29	direct	direct	ADJ
cjal-3228	235	30	investment	investment	NOUN
cjal-3228	235	31	,	,	PUNCT
cjal-3228	235	32	and	and	CCONJ
cjal-3228	235	33	the	the	DET
cjal-3228	235	34	cooling	cooling	NOUN
cjal-3228	235	35	of	of	ADP
cjal-3228	235	36	import	import	NOUN
cjal-3228	235	37	demand	demand	NOUN
cjal-3228	235	38	through	through	ADP
cjal-3228	235	39	domestic	domestic	ADJ
cjal-3228	235	40	austerity	austerity	NOUN
cjal-3228	235	41	policies	policy	NOUN
cjal-3228	235	42	.	.	PUNCT
cjal-3228	236	1	furthermore	furthermore	ADV
cjal-3228	236	2	,	,	PUNCT
cjal-3228	236	3	the	the	DET
cjal-3228	236	4	establishment	establishment	NOUN
cjal-3228	236	5	of	of	ADP
cjal-3228	236	6	the	the	DET
cjal-3228	236	7	bank	bank	NOUN
cjal-3228	236	8	settlement	settlement	NOUN
cjal-3228	236	9	system	system	NOUN
cjal-3228	236	10	and	and	CCONJ
cjal-3228	236	11	interbank	interbank	NOUN
cjal-3228	236	12	forex	forex	ADJ
cjal-3228	236	13	market	market	NOUN
cjal-3228	236	14	provided	provide	VERB
cjal-3228	236	15	the	the	DET
cjal-3228	236	16	regulatory	regulatory	ADJ
cjal-3228	236	17	infrastructure	infrastructure	NOUN
cjal-3228	236	18	to	to	PART
cjal-3228	236	19	properly	properly	ADV
cjal-3228	236	20	monitor	monitor	VERB
cjal-3228	236	21	current	current	ADJ
cjal-3228	236	22	account	account	NOUN
cjal-3228	236	23	transactions	transaction	NOUN
cjal-3228	236	24	that	that	PRON
cjal-3228	236	25	had	have	AUX
cjal-3228	236	26	previously	previously	ADV
cjal-3228	236	27	been	be	AUX
cjal-3228	236	28	lacking	lack	VERB
cjal-3228	236	29	.	.	PUNCT
cjal-3228	237	1	in	in	ADP
cjal-3228	237	2	addition	addition	NOUN
cjal-3228	237	3	,	,	PUNCT
cjal-3228	237	4	foreign	foreign	ADJ
cjal-3228	237	5	investors	investor	NOUN
cjal-3228	237	6	had	have	AUX
cjal-3228	237	7	lobbied	lobby	VERB
cjal-3228	237	8	vigorously	vigorously	ADV
cjal-3228	237	9	for	for	ADP
cjal-3228	237	10	current	current	ADJ
cjal-3228	237	11	account	account	NOUN
cjal-3228	237	12	convertibility	convertibility	NOUN
cjal-3228	237	13	in	in	ADP
cjal-3228	237	14	order	order	NOUN
cjal-3228	237	15	to	to	PART
cjal-3228	237	16	improve	improve	VERB
cjal-3228	237	17	the	the	DET
cjal-3228	237	18	efficiency	efficiency	NOUN
cjal-3228	237	19	and	and	CCONJ
cjal-3228	237	20	predictability	predictability	NOUN
cjal-3228	237	21	of	of	ADP
cjal-3228	237	22	their	their	PRON
cjal-3228	237	23	china	china	PROPN
cjal-3228	237	24	operations	operation	NOUN
cjal-3228	237	25	as	as	ADV
cjal-3228	237	26	well	well	ADV
cjal-3228	237	27	as	as	ADP
cjal-3228	237	28	ensure	ensure	VERB
cjal-3228	237	29	the	the	DET
cjal-3228	237	30	ability	ability	NOUN
cjal-3228	237	31	to	to	PART
cjal-3228	237	32	repatriate	repatriate	VERB
cjal-3228	237	33	their	their	PRON
cjal-3228	237	34	rmb	rmb	NOUN
cjal-3228	237	35	42	42	NUM
cjal-3228	237	36	for	for	ADP
cjal-3228	237	37	example	example	NOUN
cjal-3228	237	38	,	,	PUNCT
cjal-3228	237	39	as	as	SCONJ
cjal-3228	237	40	china	china	PROPN
cjal-3228	237	41	's	's	PART
cjal-3228	237	42	trade	trade	NOUN
cjal-3228	237	43	balance	balance	NOUN
cjal-3228	237	44	turned	turn	VERB
cjal-3228	237	45	sharply	sharply	ADV
cjal-3228	237	46	negative	negative	ADJ
cjal-3228	237	47	in	in	ADP
cjal-3228	237	48	the	the	DET
cjal-3228	237	49	mid-80s	mid-80	NOUN
cjal-3228	237	50	,	,	PUNCT
cjal-3228	237	51	the	the	DET
cjal-3228	237	52	central	central	ADJ
cjal-3228	237	53	government	government	NOUN
cjal-3228	237	54	had	have	AUX
cjal-3228	237	55	temporarily	temporarily	ADV
cjal-3228	237	56	blocked	block	VERB
cjal-3228	237	57	the	the	DET
cjal-3228	237	58	use	use	NOUN
cjal-3228	237	59	of	of	ADP
cjal-3228	237	60	some	some	DET
cjal-3228	237	61	retained	retain	VERB
cjal-3228	237	62	forex	forex	ADJ
cjal-3228	237	63	earnings	earning	NOUN
cjal-3228	237	64	.	.	PUNCT
cjal-3228	238	1	lardy	lardy	ADJ
cjal-3228	238	2	,	,	PUNCT
cjal-3228	238	3	supra	supra	PROPN
cjal-3228	238	4	note	note	NOUN
cjal-3228	238	5	7	7	NUM
cjal-3228	238	6	,	,	PUNCT
cjal-3228	238	7	at	at	ADP
cjal-3228	238	8	60	60	NUM
cjal-3228	238	9	.	.	PUNCT
cjal-3228	238	10	43	43	NUM
cjal-3228	238	11	from	from	ADP
cjal-3228	238	12	1993	1993	NUM
cjal-3228	238	13	through	through	ADP
cjal-3228	238	14	1996	1996	NUM
cjal-3228	238	15	,	,	PUNCT
cjal-3228	238	16	china	china	PROPN
cjal-3228	238	17	's	's	PART
cjal-3228	238	18	foreign	foreign	ADJ
cjal-3228	238	19	exchange	exchange	NOUN
cjal-3228	238	20	reserves	reserve	NOUN
cjal-3228	238	21	surged	surge	VERB
cjal-3228	238	22	nearly	nearly	ADV
cjal-3228	238	23	five	five	NUM
cjal-3228	238	24	-	-	NUM
cjal-3228	238	25	fold	fold	ADJ
cjal-3228	238	26	,	,	PUNCT
cjal-3228	238	27	from	from	ADP
cjal-3228	238	28	us$21.2b	us$21.2b	NOUN
cjal-3228	238	29	to	to	ADP
cjal-3228	238	30	us$105b	us$105b	PROPN
cjal-3228	238	31	,	,	PUNCT
cjal-3228	238	32	a	a	DET
cjal-3228	238	33	jump	jump	NOUN
cjal-3228	238	34	from	from	ADP
cjal-3228	238	35	20.4	20.4	NUM
cjal-3228	238	36	%	%	NOUN
cjal-3228	238	37	of	of	ADP
cjal-3228	238	38	yearly	yearly	ADJ
cjal-3228	238	39	imports	import	NOUN
cjal-3228	238	40	to	to	ADP
cjal-3228	238	41	over	over	ADP
cjal-3228	238	42	75	75	NUM
cjal-3228	238	43	%	%	NOUN
cjal-3228	238	44	of	of	ADP
cjal-3228	238	45	yearly	yearly	ADJ
cjal-3228	238	46	imports	import	NOUN
cjal-3228	238	47	.	.	PUNCT
cjal-3228	239	1	state	state	NOUN
cjal-3228	239	2	foreign	foreign	ADJ
cjal-3228	239	3	exchange	exchange	NOUN
cjal-3228	239	4	reserves	reserve	NOUN
cjal-3228	239	5	,	,	PUNCT
cjal-3228	239	6	1950	1950	NUM
cjal-3228	239	7	-	-	SYM
cjal-3228	239	8	2002	2002	NUM
cjal-3228	239	9	,	,	PUNCT
cjal-3228	239	10	supra	supra	NOUN
cjal-3228	239	11	,	,	PUNCT
cjal-3228	239	12	note	note	VERB
cjal-3228	239	13	25	25	NUM
cjal-3228	239	14	.	.	PUNCT
cjal-3228	240	1	2004	2004	NUM
cjal-3228	240	2	]	]	PUNCT
cjal-3228	240	3	columbia	columbia	PROPN
cjal-3228	240	4	journal	journal	PROPN
cjal-3228	240	5	of	of	ADP
cjal-3228	240	6	asian	asian	ADJ
cjal-3228	240	7	law	law	NOUN
cjal-3228	240	8	earings	earing	NOUN
cjal-3228	240	9	.	.	PUNCT
cjal-3228	240	10	'	'	PUNCT
cjal-3228	241	1	as	as	ADP
cjal-3228	241	2	a	a	DET
cjal-3228	241	3	major	major	ADJ
cjal-3228	241	4	step	step	NOUN
cjal-3228	241	5	in	in	ADP
cjal-3228	241	6	the	the	DET
cjal-3228	241	7	overall	overall	ADJ
cjal-3228	241	8	liberalization	liberalization	NOUN
cjal-3228	241	9	of	of	ADP
cjal-3228	241	10	china	china	PROPN
cjal-3228	241	11	's	's	PART
cjal-3228	241	12	foreign	foreign	ADJ
cjal-3228	241	13	trade	trade	NOUN
cjal-3228	241	14	sector	sector	NOUN
cjal-3228	241	15	,	,	PUNCT
cjal-3228	241	16	current	current	ADJ
cjal-3228	241	17	account	account	NOUN
cjal-3228	241	18	convertibility	convertibility	NOUN
cjal-3228	241	19	also	also	ADV
cjal-3228	241	20	conformed	conform	VERB
cjal-3228	241	21	with	with	ADP
cjal-3228	241	22	one	one	NUM
cjal-3228	241	23	of	of	ADP
cjal-3228	241	24	china	china	PROPN
cjal-3228	241	25	's	's	PART
cjal-3228	241	26	primary	primary	ADJ
cjal-3228	241	27	foreign	foreign	ADJ
cjal-3228	241	28	policy	policy	NOUN
cjal-3228	241	29	goals	goal	NOUN
cjal-3228	241	30	during	during	ADP
cjal-3228	241	31	the	the	DET
cjal-3228	241	32	1990s	1990s	NUM
cjal-3228	241	33	:	:	PUNCT
cjal-3228	241	34	gaining	gain	VERB
cjal-3228	241	35	entry	entry	NOUN
cjal-3228	241	36	into	into	ADP
cjal-3228	241	37	the	the	DET
cjal-3228	241	38	wto	wto	PROPN
cjal-3228	241	39	.	.	PUNCT
cjal-3228	242	1	e.	e.	PROPN
cjal-3228	242	2	1997	1997	NUM
cjal-3228	242	3	present	present	NOUN
cjal-3228	242	4	:	:	PUNCT
cjal-3228	242	5	stability	stability	NOUN
cjal-3228	242	6	in	in	ADP
cjal-3228	242	7	the	the	DET
cjal-3228	242	8	face	face	NOUN
cjal-3228	242	9	of	of	ADP
cjal-3228	242	10	external	external	ADJ
cjal-3228	242	11	pressures	pressure	NOUN
cjal-3228	242	12	following	follow	VERB
cjal-3228	242	13	the	the	DET
cjal-3228	242	14	rapid	rapid	ADJ
cjal-3228	242	15	large	large	ADJ
cjal-3228	242	16	-	-	PUNCT
cjal-3228	242	17	scale	scale	NOUN
cjal-3228	242	18	reforms	reform	NOUN
cjal-3228	242	19	of	of	ADP
cjal-3228	242	20	the	the	DET
cjal-3228	242	21	early	early	ADJ
cjal-3228	242	22	to	to	ADP
cjal-3228	242	23	mid-1990s	mid-1990	NOUN
cjal-3228	242	24	,	,	PUNCT
cjal-3228	242	25	beijing	beijing	PROPN
cjal-3228	242	26	more	more	ADV
cjal-3228	242	27	recently	recently	ADV
cjal-3228	242	28	has	have	AUX
cjal-3228	242	29	moved	move	VERB
cjal-3228	242	30	cautiously	cautiously	ADV
cjal-3228	242	31	with	with	ADP
cjal-3228	242	32	further	further	ADJ
cjal-3228	242	33	reforms	reform	NOUN
cjal-3228	242	34	,	,	PUNCT
cjal-3228	242	35	emphasizing	emphasize	VERB
cjal-3228	242	36	stability	stability	NOUN
cjal-3228	242	37	and	and	CCONJ
cjal-3228	242	38	focusing	focus	VERB
cjal-3228	242	39	primarily	primarily	ADV
cjal-3228	242	40	on	on	ADP
cjal-3228	242	41	incremental	incremental	ADJ
cjal-3228	242	42	and	and	CCONJ
cjal-3228	242	43	ad	ad	X
cjal-3228	242	44	hoc	hoc	X
cjal-3228	242	45	improvements	improvement	NOUN
cjal-3228	242	46	to	to	ADP
cjal-3228	242	47	the	the	DET
cjal-3228	242	48	regulatory	regulatory	ADJ
cjal-3228	242	49	and	and	CCONJ
cjal-3228	242	50	administrative	administrative	ADJ
cjal-3228	242	51	regime	regime	NOUN
cjal-3228	242	52	.	.	PUNCT
cjal-3228	243	1	during	during	ADP
cjal-3228	243	2	this	this	DET
cjal-3228	243	3	period	period	NOUN
cjal-3228	243	4	,	,	PUNCT
cjal-3228	243	5	china	china	PROPN
cjal-3228	243	6	's	's	PART
cjal-3228	243	7	domestic	domestic	ADJ
cjal-3228	243	8	economy	economy	NOUN
cjal-3228	243	9	has	have	AUX
cjal-3228	243	10	enjoyed	enjoy	VERB
cjal-3228	243	11	relatively	relatively	ADV
cjal-3228	243	12	stable	stable	ADJ
cjal-3228	243	13	and	and	CCONJ
cjal-3228	243	14	sustained	sustained	ADJ
cjal-3228	243	15	growth	growth	NOUN
cjal-3228	243	16	with	with	ADP
cjal-3228	243	17	low	low	ADJ
cjal-3228	243	18	inflation	inflation	NOUN
cjal-3228	243	19	,	,	PUNCT
cjal-3228	243	20	thus	thus	ADV
cjal-3228	243	21	reducing	reduce	VERB
cjal-3228	243	22	domestic	domestic	ADJ
cjal-3228	243	23	pressure	pressure	NOUN
cjal-3228	243	24	to	to	PART
cjal-3228	243	25	institute	institute	VERB
cjal-3228	243	26	large	large	ADJ
cjal-3228	243	27	-	-	PUNCT
cjal-3228	243	28	scale	scale	NOUN
cjal-3228	243	29	and	and	CCONJ
cjal-3228	243	30	potentially	potentially	ADV
cjal-3228	243	31	destabilizing	destabilizing	ADJ
cjal-3228	243	32	reforms	reform	NOUN
cjal-3228	243	33	.	.	PUNCT
cjal-3228	244	1	on	on	ADP
cjal-3228	244	2	the	the	DET
cjal-3228	244	3	other	other	ADJ
cjal-3228	244	4	hand	hand	NOUN
cjal-3228	244	5	,	,	PUNCT
cjal-3228	244	6	a	a	DET
cjal-3228	244	7	series	series	NOUN
cjal-3228	244	8	of	of	ADP
cjal-3228	244	9	external	external	ADJ
cjal-3228	244	10	factors	factor	NOUN
cjal-3228	244	11	have	have	AUX
cjal-3228	244	12	forced	force	VERB
cjal-3228	244	13	both	both	CCONJ
cjal-3228	244	14	retrenchment	retrenchment	NOUN
cjal-3228	244	15	and	and	CCONJ
cjal-3228	244	16	further	further	ADJ
cjal-3228	244	17	liberalization	liberalization	NOUN
cjal-3228	244	18	.	.	PUNCT
cjal-3228	245	1	from	from	ADP
cjal-3228	245	2	late	late	ADJ
cjal-3228	245	3	1997	1997	NUM
cjal-3228	245	4	to	to	ADP
cjal-3228	245	5	early	early	ADJ
cjal-3228	245	6	1999	1999	NUM
cjal-3228	245	7	,	,	PUNCT
cjal-3228	245	8	capital	capital	NOUN
cjal-3228	245	9	flight	flight	NOUN
cjal-3228	245	10	and	and	CCONJ
cjal-3228	245	11	devaluation	devaluation	NOUN
cjal-3228	245	12	pressure	pressure	NOUN
cjal-3228	245	13	linked	link	VERB
cjal-3228	245	14	to	to	ADP
cjal-3228	245	15	the	the	DET
cjal-3228	245	16	east	east	ADJ
cjal-3228	245	17	asian	asian	ADJ
cjal-3228	245	18	financial	financial	ADJ
cjal-3228	245	19	crisis	crisis	NOUN
cjal-3228	245	20	required	require	VERB
cjal-3228	245	21	the	the	DET
cjal-3228	245	22	government	government	NOUN
cjal-3228	245	23	to	to	PART
cjal-3228	245	24	tighten	tighten	VERB
cjal-3228	245	25	existing	exist	VERB
cjal-3228	245	26	regulations	regulation	NOUN
cjal-3228	245	27	and	and	CCONJ
cjal-3228	245	28	rethink	rethink	VERB
cjal-3228	245	29	the	the	DET
cjal-3228	245	30	proper	proper	ADJ
cjal-3228	245	31	pace	pace	NOUN
cjal-3228	245	32	of	of	ADP
cjal-3228	245	33	capital	capital	NOUN
cjal-3228	245	34	account	account	NOUN
cjal-3228	245	35	liberalization	liberalization	NOUN
cjal-3228	245	36	.	.	PUNCT
cjal-3228	246	1	more	more	ADV
cjal-3228	246	2	recently	recently	ADV
cjal-3228	246	3	,	,	PUNCT
cjal-3228	246	4	china	china	PROPN
cjal-3228	246	5	's	's	PART
cjal-3228	246	6	entry	entry	NOUN
cjal-3228	246	7	into	into	ADP
cjal-3228	246	8	the	the	DET
cjal-3228	246	9	wto	wto	PROPN
cjal-3228	246	10	and	and	CCONJ
cjal-3228	246	11	consistently	consistently	ADV
cjal-3228	246	12	robust	robust	ADJ
cjal-3228	246	13	international	international	ADJ
cjal-3228	246	14	payments	payment	NOUN
cjal-3228	246	15	position	position	NOUN
cjal-3228	246	16	have	have	AUX
cjal-3228	246	17	served	serve	VERB
cjal-3228	246	18	to	to	PART
cjal-3228	246	19	stimulate	stimulate	VERB
cjal-3228	246	20	greater	great	ADJ
cjal-3228	246	21	liberalization	liberalization	NOUN
cjal-3228	246	22	of	of	ADP
cjal-3228	246	23	the	the	DET
cjal-3228	246	24	foreign	foreign	ADJ
cjal-3228	246	25	exchange	exchange	NOUN
cjal-3228	246	26	regime	regime	NOUN
cjal-3228	246	27	.	.	PUNCT
cjal-3228	247	1	while	while	SCONJ
cjal-3228	247	2	these	these	DET
cjal-3228	247	3	pressures	pressure	NOUN
cjal-3228	247	4	have	have	AUX
cjal-3228	247	5	led	lead	VERB
cjal-3228	247	6	to	to	ADP
cjal-3228	247	7	substantial	substantial	ADJ
cjal-3228	247	8	modifications	modification	NOUN
cjal-3228	247	9	in	in	ADP
cjal-3228	247	10	china	china	PROPN
cjal-3228	247	11	's	's	PART
cjal-3228	247	12	forex	forex	ADJ
cjal-3228	247	13	laws	law	NOUN
cjal-3228	247	14	and	and	CCONJ
cjal-3228	247	15	regulations	regulation	NOUN
cjal-3228	247	16	,	,	PUNCT
cjal-3228	247	17	the	the	DET
cjal-3228	247	18	overall	overall	ADJ
cjal-3228	247	19	forex	forex	ADJ
cjal-3228	247	20	regime	regime	NOUN
cjal-3228	247	21	remains	remain	VERB
cjal-3228	247	22	essentially	essentially	ADV
cjal-3228	247	23	the	the	DET
cjal-3228	247	24	same	same	ADJ
cjal-3228	247	25	today	today	NOUN
cjal-3228	247	26	as	as	SCONJ
cjal-3228	247	27	it	it	PRON
cjal-3228	247	28	was	be	AUX
cjal-3228	247	29	at	at	ADP
cjal-3228	247	30	the	the	DET
cjal-3228	247	31	end	end	NOUN
cjal-3228	247	32	of	of	ADP
cjal-3228	247	33	1996	1996	NUM
cjal-3228	247	34	.	.	PUNCT
cjal-3228	248	1	following	follow	VERB
cjal-3228	248	2	china	china	PROPN
cjal-3228	248	3	's	's	PART
cjal-3228	248	4	declaration	declaration	NOUN
cjal-3228	248	5	of	of	ADP
cjal-3228	248	6	current	current	ADJ
cjal-3228	248	7	account	account	NOUN
cjal-3228	248	8	convertibility	convertibility	NOUN
cjal-3228	248	9	in	in	ADP
cjal-3228	248	10	december	december	PROPN
cjal-3228	248	11	1996	1996	NUM
cjal-3228	248	12	,	,	PUNCT
cjal-3228	248	13	many	many	ADJ
cjal-3228	248	14	observers	observer	NOUN
cjal-3228	248	15	expected	expect	VERB
cjal-3228	248	16	china	china	PROPN
cjal-3228	248	17	to	to	PART
cjal-3228	248	18	move	move	VERB
cjal-3228	248	19	rapidly	rapidly	ADV
cjal-3228	248	20	towards	towards	ADP
cjal-3228	248	21	capital	capital	NOUN
cjal-3228	248	22	account	account	NOUN
cjal-3228	248	23	convertibility	convertibility	NOUN
cjal-3228	248	24	,	,	PUNCT
cjal-3228	248	25	achieving	achieve	VERB
cjal-3228	248	26	full	full	ADJ
cjal-3228	248	27	convertibility	convertibility	NOUN
cjal-3228	248	28	perhaps	perhaps	ADV
cjal-3228	248	29	as	as	ADV
cjal-3228	248	30	early	early	ADV
cjal-3228	248	31	as	as	ADP
cjal-3228	248	32	2000.11	2000.11	NUM
cjal-3228	248	33	those	those	DET
cjal-3228	248	34	sanguine	sanguine	ADJ
cjal-3228	248	35	predictions	prediction	NOUN
cjal-3228	248	36	,	,	PUNCT
cjal-3228	248	37	however	however	ADV
cjal-3228	248	38	,	,	PUNCT
cjal-3228	248	39	were	be	AUX
cjal-3228	248	40	quickly	quickly	ADV
cjal-3228	248	41	dashed	dash	VERB
cjal-3228	248	42	as	as	SCONJ
cjal-3228	248	43	the	the	DET
cjal-3228	248	44	east	east	ADJ
cjal-3228	248	45	asian	asian	ADJ
cjal-3228	248	46	financial	financial	ADJ
cjal-3228	248	47	crisis	crisis	NOUN
cjal-3228	248	48	deepened	deepen	VERB
cjal-3228	248	49	during	during	ADP
cjal-3228	248	50	1998	1998	NUM
cjal-3228	248	51	.	.	PUNCT
cjal-3228	249	1	although	although	SCONJ
cjal-3228	249	2	china	china	PROPN
cjal-3228	249	3	's	's	PART
cjal-3228	249	4	tight	tight	ADJ
cjal-3228	249	5	restrictions	restriction	NOUN
cjal-3228	249	6	on	on	ADP
cjal-3228	249	7	capital	capital	NOUN
cjal-3228	249	8	account	account	NOUN
cjal-3228	249	9	transactions	transaction	NOUN
cjal-3228	249	10	protected	protect	VERB
cjal-3228	249	11	it	it	PRON
cjal-3228	249	12	against	against	ADP
cjal-3228	249	13	exposure	exposure	NOUN
cjal-3228	249	14	to	to	ADP
cjal-3228	249	15	many	many	ADJ
cjal-3228	249	16	of	of	ADP
cjal-3228	249	17	the	the	DET
cjal-3228	249	18	more	more	ADV
cjal-3228	249	19	serious	serious	ADJ
cjal-3228	249	20	maladies	malady	NOUN
cjal-3228	249	21	suffered	suffer	VERB
cjal-3228	249	22	by	by	ADP
cjal-3228	249	23	other	other	ADJ
cjal-3228	249	24	east	east	ADJ
cjal-3228	249	25	asian	asian	PROPN
cjal-3228	249	26	countries,6	countries,6	VERB
cjal-3228	249	27	the	the	DET
cjal-3228	249	28	deep	deep	ADJ
cjal-3228	249	29	regional	regional	ADJ
cjal-3228	249	30	44	44	NUM
cjal-3228	249	31	currency	currency	NOUN
cjal-3228	249	32	convertibility	convertibility	NOUN
cjal-3228	249	33	:	:	PUNCT
cjal-3228	249	34	end	end	NOUN
cjal-3228	249	35	of	of	ADP
cjal-3228	249	36	the	the	DET
cjal-3228	249	37	balancing	balancing	NOUN
cjal-3228	249	38	act	act	NOUN
cjal-3228	249	39	,	,	PUNCT
cjal-3228	249	40	3/1/97	3/1/97	NUM
cjal-3228	249	41	china	china	PROPN
cjal-3228	249	42	econ	econ	PROPN
cjal-3228	249	43	.	.	PUNCT
cjal-3228	250	1	rev	rev	PROPN
cjal-3228	250	2	.	.	PROPN
cjal-3228	250	3	13	13	NUM
cjal-3228	250	4	.	.	PUNCT
cjal-3228	251	1	i	i	PRON
cjal-3228	251	2	d.	d.	PROPN
cjal-3228	251	3	46	46	NUM
cjal-3228	251	4	while	while	SCONJ
cjal-3228	251	5	many	many	ADJ
cjal-3228	251	6	different	different	ADJ
cjal-3228	251	7	hypotheses	hypothesis	NOUN
cjal-3228	251	8	have	have	AUX
cjal-3228	251	9	been	be	AUX
cjal-3228	251	10	put	put	VERB
cjal-3228	251	11	forth	forth	ADP
cjal-3228	251	12	explaining	explain	VERB
cjal-3228	251	13	its	its	PRON
cjal-3228	251	14	root	root	NOUN
cjal-3228	251	15	cause	cause	NOUN
cjal-3228	251	16	,	,	PUNCT
cjal-3228	251	17	today	today	NOUN
cjal-3228	251	18	the	the	DET
cjal-3228	251	19	east	east	ADJ
cjal-3228	251	20	asian	asian	ADJ
cjal-3228	251	21	financial	financial	ADJ
cjal-3228	251	22	crisis	crisis	NOUN
cjal-3228	251	23	is	be	AUX
cjal-3228	251	24	widely	widely	ADV
cjal-3228	251	25	perceived	perceive	VERB
cjal-3228	251	26	to	to	PART
cjal-3228	251	27	have	have	AUX
cjal-3228	251	28	been	be	AUX
cjal-3228	251	29	precipitated	precipitate	VERB
cjal-3228	251	30	by	by	ADP
cjal-3228	251	31	a	a	DET
cjal-3228	251	32	combination	combination	NOUN
cjal-3228	251	33	of	of	ADP
cjal-3228	251	34	high	high	ADJ
cjal-3228	251	35	levels	level	NOUN
cjal-3228	251	36	foreign	foreign	ADJ
cjal-3228	251	37	currency	currency	NOUN
cjal-3228	251	38	-	-	PUNCT
cjal-3228	251	39	denominated	denominate	VERB
cjal-3228	251	40	debt	debt	NOUN
cjal-3228	251	41	,	,	PUNCT
cjal-3228	251	42	large	large	ADJ
cjal-3228	251	43	current	current	ADJ
cjal-3228	251	44	account	account	NOUN
cjal-3228	251	45	deficits	deficit	NOUN
cjal-3228	251	46	,	,	PUNCT
cjal-3228	251	47	and	and	CCONJ
cjal-3228	251	48	a	a	DET
cjal-3228	251	49	surge	surge	NOUN
cjal-3228	251	50	in	in	ADP
cjal-3228	251	51	short	short	ADJ
cjal-3228	251	52	-	-	PUNCT
cjal-3228	251	53	term	term	NOUN
cjal-3228	251	54	and	and	CCONJ
cjal-3228	251	55	portfolio	portfolio	NOUN
cjal-3228	251	56	capital	capital	NOUN
cjal-3228	251	57	inflows	inflow	NOUN
cjal-3228	251	58	followed	follow	VERB
cjal-3228	251	59	by	by	ADP
cjal-3228	251	60	rapid	rapid	ADJ
cjal-3228	251	61	outflows	outflow	NOUN
cjal-3228	251	62	.	.	PUNCT
cjal-3228	252	1	china	china	PROPN
cjal-3228	252	2	did	do	AUX
cjal-3228	252	3	not	not	PART
cjal-3228	252	4	share	share	VERB
cjal-3228	252	5	any	any	PRON
cjal-3228	252	6	of	of	ADP
cjal-3228	252	7	these	these	DET
cjal-3228	252	8	characteristics	characteristic	NOUN
cjal-3228	252	9	due	due	ADP
cjal-3228	252	10	to	to	ADP
cjal-3228	252	11	its	its	PRON
cjal-3228	252	12	tight	tight	ADJ
cjal-3228	252	13	restrictions	restriction	NOUN
cjal-3228	252	14	on	on	ADP
cjal-3228	252	15	both	both	CCONJ
cjal-3228	252	16	inward	inward	ADV
cjal-3228	252	17	and	and	CCONJ
cjal-3228	252	18	outward	outward	VERB
cjal-3228	252	19	investment	investment	NOUN
cjal-3228	252	20	flows	flow	NOUN
cjal-3228	252	21	.	.	PUNCT
cjal-3228	253	1	[	[	X
cjal-3228	253	2	17:2	17:2	NUM
cjal-3228	253	3	china	china	PROPN
cjal-3228	253	4	's	's	PART
cjal-3228	253	5	system	system	NOUN
cjal-3228	253	6	of	of	ADP
cjal-3228	253	7	foreign	foreign	ADJ
cjal-3228	253	8	exchange	exchange	NOUN
cjal-3228	253	9	recession	recession	NOUN
cjal-3228	253	10	and	and	CCONJ
cjal-3228	253	11	the	the	DET
cjal-3228	253	12	competitive	competitive	ADJ
cjal-3228	253	13	advantages	advantage	NOUN
cjal-3228	253	14	china	china	PROPN
cjal-3228	253	15	's	's	PART
cjal-3228	253	16	neighbors	neighbor	NOUN
cjal-3228	253	17	gained	gain	VERB
cjal-3228	253	18	through	through	ADP
cjal-3228	253	19	currency	currency	NOUN
cjal-3228	253	20	devaluation	devaluation	NOUN
cjal-3228	253	21	put	put	VERB
cjal-3228	253	22	serious	serious	ADJ
cjal-3228	253	23	strains	strain	NOUN
cjal-3228	253	24	on	on	ADP
cjal-3228	253	25	china	china	PROPN
cjal-3228	253	26	's	's	PART
cjal-3228	253	27	economy	economy	NOUN
cjal-3228	253	28	.	.	PUNCT
cjal-3228	254	1	as	as	ADP
cjal-3228	254	2	a	a	DET
cjal-3228	254	3	result	result	NOUN
cjal-3228	254	4	,	,	PUNCT
cjal-3228	254	5	there	there	PRON
cjal-3228	254	6	was	be	VERB
cjal-3228	254	7	widespread	widespread	ADJ
cjal-3228	254	8	speculation	speculation	NOUN
cjal-3228	254	9	that	that	SCONJ
cjal-3228	254	10	china	china	PROPN
cjal-3228	254	11	would	would	AUX
cjal-3228	254	12	be	be	AUX
cjal-3228	254	13	forced	force	VERB
cjal-3228	254	14	to	to	PART
cjal-3228	254	15	devalue	devalue	VERB
cjal-3228	254	16	the	the	DET
cjal-3228	254	17	yuan	yuan	NOUN
cjal-3228	254	18	to	to	PART
cjal-3228	254	19	remain	remain	VERB
cjal-3228	254	20	competitive	competitive	ADJ
cjal-3228	254	21	.	.	PUNCT
cjal-3228	255	1	this	this	DET
cjal-3228	255	2	speculation	speculation	NOUN
cjal-3228	255	3	in	in	ADP
cjal-3228	255	4	turn	turn	NOUN
cjal-3228	255	5	prompted	prompt	VERB
cjal-3228	255	6	a	a	DET
cjal-3228	255	7	significant	significant	ADJ
cjal-3228	255	8	flow	flow	NOUN
cjal-3228	255	9	of	of	ADP
cjal-3228	255	10	assets	asset	NOUN
cjal-3228	255	11	out	out	ADP
cjal-3228	255	12	of	of	ADP
cjal-3228	255	13	china	china	PROPN
cjal-3228	255	14	.	.	PUNCT
cjal-3228	255	15	"	"	PUNCT
cjal-3228	256	1	in	in	ADP
cjal-3228	256	2	order	order	NOUN
cjal-3228	256	3	to	to	PART
cjal-3228	256	4	stem	stem	VERB
cjal-3228	256	5	the	the	DET
cjal-3228	256	6	capital	capital	NOUN
cjal-3228	256	7	flight	flight	NOUN
cjal-3228	256	8	,	,	PUNCT
cjal-3228	256	9	safe	safe	ADJ
cjal-3228	256	10	instituted	institute	VERB
cjal-3228	256	11	a	a	DET
cjal-3228	256	12	series	series	NOUN
cjal-3228	256	13	of	of	ADP
cjal-3228	256	14	measures	measure	NOUN
cjal-3228	256	15	in	in	ADP
cjal-3228	256	16	1998	1998	NUM
cjal-3228	256	17	and	and	CCONJ
cjal-3228	256	18	1999	1999	NUM
cjal-3228	256	19	clamping	clamp	VERB
cjal-3228	256	20	down	down	ADP
cjal-3228	256	21	on	on	ADP
cjal-3228	256	22	certain	certain	ADJ
cjal-3228	256	23	types	type	NOUN
cjal-3228	256	24	of	of	ADP
cjal-3228	256	25	forex	forex	ADJ
cjal-3228	256	26	transactions	transaction	NOUN
cjal-3228	256	27	and	and	CCONJ
cjal-3228	256	28	perceived	perceive	VERB
cjal-3228	256	29	abuses	abuse	NOUN
cjal-3228	256	30	of	of	ADP
cjal-3228	256	31	the	the	DET
cjal-3228	256	32	forex	forex	ADJ
cjal-3228	256	33	rules	rule	NOUN
cjal-3228	256	34	.	.	PUNCT
cjal-3228	257	1	given	give	VERB
cjal-3228	257	2	the	the	DET
cjal-3228	257	3	great	great	ADJ
cjal-3228	257	4	fanfare	fanfare	NOUN
cjal-3228	257	5	surrounding	surround	VERB
cjal-3228	257	6	china	china	PROPN
cjal-3228	257	7	's	's	PART
cjal-3228	257	8	declaration	declaration	NOUN
cjal-3228	257	9	of	of	ADP
cjal-3228	257	10	current	current	ADJ
cjal-3228	257	11	account	account	NOUN
cjal-3228	257	12	convertibility	convertibility	NOUN
cjal-3228	257	13	less	less	ADJ
cjal-3228	257	14	than	than	ADP
cjal-3228	257	15	two	two	NUM
cjal-3228	257	16	years	year	NOUN
cjal-3228	257	17	earlier	early	ADV
cjal-3228	257	18	,	,	PUNCT
cjal-3228	257	19	the	the	DET
cjal-3228	257	20	central	central	ADJ
cjal-3228	257	21	government	government	NOUN
cjal-3228	257	22	was	be	AUX
cjal-3228	257	23	understandably	understandably	ADV
cjal-3228	257	24	loath	loath	ADJ
cjal-3228	257	25	to	to	PART
cjal-3228	257	26	reinstate	reinstate	VERB
cjal-3228	257	27	direct	direct	ADJ
cjal-3228	257	28	controls	control	NOUN
cjal-3228	257	29	on	on	ADP
cjal-3228	257	30	current	current	ADJ
cjal-3228	257	31	account	account	NOUN
cjal-3228	257	32	transactions	transaction	NOUN
cjal-3228	257	33	.	.	PUNCT
cjal-3228	258	1	however	however	ADV
cjal-3228	258	2	,	,	PUNCT
cjal-3228	258	3	the	the	DET
cjal-3228	258	4	government	government	NOUN
cjal-3228	258	5	did	do	AUX
cjal-3228	258	6	take	take	VERB
cjal-3228	258	7	steps	step	NOUN
cjal-3228	258	8	to	to	PART
cjal-3228	258	9	seal	seal	VERB
cjal-3228	258	10	off	off	ADP
cjal-3228	258	11	loopholes	loophole	NOUN
cjal-3228	258	12	that	that	PRON
cjal-3228	258	13	had	have	AUX
cjal-3228	258	14	allowed	allow	VERB
cjal-3228	258	15	capital	capital	NOUN
cjal-3228	258	16	to	to	PART
cjal-3228	258	17	be	be	AUX
cjal-3228	258	18	siphoned	siphon	VERB
cjal-3228	258	19	out	out	ADP
cjal-3228	258	20	of	of	ADP
cjal-3228	258	21	the	the	DET
cjal-3228	258	22	country	country	NOUN
cjal-3228	258	23	under	under	ADP
cjal-3228	258	24	the	the	DET
cjal-3228	258	25	guise	guise	NOUN
cjal-3228	258	26	of	of	ADP
cjal-3228	258	27	current	current	ADJ
cjal-3228	258	28	account	account	NOUN
cjal-3228	258	29	payments	payment	NOUN
cjal-3228	258	30	.	.	PUNCT
cjal-3228	259	1	in	in	ADP
cjal-3228	259	2	particular	particular	ADJ
cjal-3228	259	3	,	,	PUNCT
cjal-3228	259	4	the	the	DET
cjal-3228	259	5	government	government	NOUN
cjal-3228	259	6	was	be	AUX
cjal-3228	259	7	concerned	concerned	ADJ
cjal-3228	259	8	about	about	ADP
cjal-3228	259	9	companies	company	NOUN
cjal-3228	259	10	illegally	illegally	ADV
cjal-3228	259	11	storing	store	VERB
cjal-3228	259	12	foreign	foreign	ADJ
cjal-3228	259	13	currency	currency	NOUN
cjal-3228	259	14	earnings	earning	NOUN
cjal-3228	259	15	abroad	abroad	ADV
cjal-3228	259	16	and	and	CCONJ
cjal-3228	259	17	using	use	VERB
cjal-3228	259	18	fraudulent	fraudulent	ADJ
cjal-3228	259	19	import	import	NOUN
cjal-3228	259	20	documentation	documentation	NOUN
cjal-3228	259	21	to	to	PART
cjal-3228	259	22	illegally	illegally	ADV
cjal-3228	259	23	remit	remit	VERB
cjal-3228	259	24	foreign	foreign	ADJ
cjal-3228	259	25	currency	currency	NOUN
cjal-3228	259	26	out	out	ADP
cjal-3228	259	27	of	of	ADP
cjal-3228	259	28	the	the	DET
cjal-3228	259	29	country	country	NOUN
cjal-3228	259	30	.	.	PUNCT
cjal-3228	260	1	in	in	ADP
cjal-3228	260	2	response	response	NOUN
cjal-3228	260	3	to	to	ADP
cjal-3228	260	4	the	the	DET
cjal-3228	260	5	former	former	ADJ
cjal-3228	260	6	concern	concern	NOUN
cjal-3228	260	7	,	,	PUNCT
cjal-3228	260	8	the	the	DET
cjal-3228	260	9	government	government	NOUN
cjal-3228	260	10	instituted	institute	VERB
cjal-3228	260	11	a	a	DET
cjal-3228	260	12	grace	grace	NOUN
cjal-3228	260	13	period	period	NOUN
cjal-3228	260	14	for	for	SCONJ
cjal-3228	260	15	companies	company	NOUN
cjal-3228	260	16	to	to	PART
cjal-3228	260	17	repatriate	repatriate	VERB
cjal-3228	260	18	funds	fund	NOUN
cjal-3228	260	19	illegally	illegally	ADV
cjal-3228	260	20	held	hold	VERB
cjal-3228	260	21	abroad	abroad	ADV
cjal-3228	260	22	,	,	PUNCT
cjal-3228	260	23	after	after	ADP
cjal-3228	260	24	which	which	DET
cjal-3228	260	25	period	period	NOUN
cjal-3228	260	26	severe	severe	ADJ
cjal-3228	260	27	punishments	punishment	NOUN
cjal-3228	260	28	would	would	AUX
cjal-3228	260	29	be	be	AUX
cjal-3228	260	30	handed	hand	VERB
cjal-3228	260	31	down	down	ADP
cjal-3228	260	32	to	to	ADP
cjal-3228	260	33	those	those	PRON
cjal-3228	260	34	caught	catch	VERB
cjal-3228	260	35	violating	violate	VERB
cjal-3228	260	36	the	the	DET
cjal-3228	260	37	repatriation	repatriation	NOUN
cjal-3228	260	38	requirement	requirement	NOUN
cjal-3228	260	39	.	.	PUNCT
cjal-3228	261	1	8	8	NUM
cjal-3228	262	1	meanwhile	meanwhile	ADV
cjal-3228	262	2	,	,	PUNCT
cjal-3228	262	3	the	the	DET
cjal-3228	262	4	problem	problem	NOUN
cjal-3228	262	5	of	of	ADP
cjal-3228	262	6	fraudulent	fraudulent	ADJ
cjal-3228	262	7	documentation	documentation	NOUN
cjal-3228	262	8	was	be	AUX
cjal-3228	262	9	handled	handle	VERB
cjal-3228	262	10	by	by	ADP
cjal-3228	262	11	increasing	increase	VERB
cjal-3228	262	12	safe	safe	ADJ
cjal-3228	262	13	's	's	PART
cjal-3228	262	14	direct	direct	ADJ
cjal-3228	262	15	supervision	supervision	NOUN
cjal-3228	262	16	of	of	ADP
cjal-3228	262	17	letter	letter	NOUN
cjal-3228	262	18	of	of	ADP
cjal-3228	262	19	credit	credit	NOUN
cjal-3228	262	20	payments	payment	NOUN
cjal-3228	262	21	and	and	CCONJ
cjal-3228	262	22	enhancing	enhance	VERB
cjal-3228	262	23	customs	custom	NOUN
cjal-3228	262	24	requirements	requirement	NOUN
cjal-3228	262	25	for	for	ADP
cjal-3228	262	26	remitting	remit	VERB
cjal-3228	262	27	funds	fund	NOUN
cjal-3228	262	28	abroad	abroad	ADV
cjal-3228	262	29	.	.	PUNCT
cjal-3228	263	1	9	9	NUM
cjal-3228	263	2	the	the	DET
cjal-3228	263	3	crackdown	crackdown	NOUN
cjal-3228	263	4	on	on	ADP
cjal-3228	263	5	undesirable	undesirable	ADJ
cjal-3228	263	6	outflows	outflow	NOUN
cjal-3228	263	7	was	be	AUX
cjal-3228	263	8	not	not	PART
cjal-3228	263	9	limited	limit	VERB
cjal-3228	263	10	to	to	ADP
cjal-3228	263	11	these	these	DET
cjal-3228	263	12	measures	measure	NOUN
cjal-3228	263	13	,	,	PUNCT
cjal-3228	263	14	though	though	ADV
cjal-3228	263	15	.	.	PUNCT
cjal-3228	264	1	over	over	ADP
cjal-3228	264	2	a	a	DET
cjal-3228	264	3	period	period	NOUN
cjal-3228	264	4	of	of	ADP
cjal-3228	264	5	several	several	ADJ
cjal-3228	264	6	months	month	NOUN
cjal-3228	264	7	in	in	ADP
cjal-3228	264	8	late	late	ADJ
cjal-3228	264	9	1998	1998	NUM
cjal-3228	264	10	and	and	CCONJ
cjal-3228	264	11	early	early	ADJ
cjal-3228	264	12	1999	1999	NUM
cjal-3228	264	13	,	,	PUNCT
cjal-3228	264	14	safe	safe	ADJ
cjal-3228	264	15	and	and	CCONJ
cjal-3228	264	16	the	the	DET
cjal-3228	264	17	pbc	pbc	PROPN
cjal-3228	264	18	issued	issue	VERB
cjal-3228	264	19	a	a	DET
cjal-3228	264	20	barrage	barrage	NOUN
cjal-3228	264	21	of	of	ADP
cjal-3228	264	22	regulations	regulation	NOUN
cjal-3228	264	23	and	and	CCONJ
cjal-3228	264	24	notices	notice	NOUN
cjal-3228	264	25	designed	design	VERB
cjal-3228	264	26	to	to	PART
cjal-3228	264	27	shore	shore	VERB
cjal-3228	264	28	up	up	ADP
cjal-3228	264	29	china	china	PROPN
cjal-3228	264	30	's	's	PART
cjal-3228	264	31	forex	forex	ADJ
cjal-3228	264	32	reserves	reserve	NOUN
cjal-3228	264	33	and	and	CCONJ
cjal-3228	264	34	dissuade	dissuade	VERB
cjal-3228	264	35	capital	capital	NOUN
cjal-3228	264	36	flight	flight	NOUN
cjal-3228	264	37	,	,	PUNCT
cjal-3228	264	38	including	include	VERB
cjal-3228	264	39	:	:	PUNCT
cjal-3228	264	40	1	1	X
cjal-3228	264	41	.	.	X
cjal-3228	264	42	tightening	tighten	VERB
cjal-3228	264	43	regulation	regulation	NOUN
cjal-3228	264	44	of	of	ADP
cjal-3228	264	45	borrowing	borrowing	NOUN
cjal-3228	264	46	in	in	ADP
cjal-3228	264	47	foreign	foreign	ADJ
cjal-3228	264	48	currency	currency	NOUN
cjal-3228	264	49	;	;	PUNCT
cjal-3228	264	50	2	2	X
cjal-3228	264	51	.	.	X
cjal-3228	264	52	prohibiting	prohibit	VERB
cjal-3228	264	53	the	the	DET
cjal-3228	264	54	early	early	ADJ
cjal-3228	264	55	repayment	repayment	NOUN
cjal-3228	264	56	of	of	ADP
cjal-3228	264	57	foreign	foreign	ADJ
cjal-3228	264	58	currency	currency	NOUN
cjal-3228	264	59	loans	loan	NOUN
cjal-3228	264	60	;	;	PUNCT
cjal-3228	264	61	47	47	NUM
cjal-3228	264	62	the	the	DET
cjal-3228	264	63	outflow	outflow	NOUN
cjal-3228	264	64	of	of	ADP
cjal-3228	264	65	capital	capital	NOUN
cjal-3228	264	66	was	be	AUX
cjal-3228	264	67	evidenced	evidence	VERB
cjal-3228	264	68	by	by	ADP
cjal-3228	264	69	china	china	PROPN
cjal-3228	264	70	's	's	PART
cjal-3228	264	71	stagnant	stagnant	ADJ
cjal-3228	264	72	foreign	foreign	ADJ
cjal-3228	264	73	exchange	exchange	NOUN
cjal-3228	264	74	reserves	reserve	NOUN
cjal-3228	264	75	in	in	ADP
cjal-3228	264	76	early	early	ADJ
cjal-3228	264	77	1998	1998	NUM
cjal-3228	264	78	.	.	PUNCT
cjal-3228	265	1	despite	despite	SCONJ
cjal-3228	265	2	a	a	DET
cjal-3228	265	3	large	large	ADJ
cjal-3228	265	4	trade	trade	NOUN
cjal-3228	265	5	surplus	surplus	NOUN
cjal-3228	265	6	and	and	CCONJ
cjal-3228	265	7	robust	robust	ADJ
cjal-3228	265	8	foreign	foreign	ADJ
cjal-3228	265	9	investment	investment	NOUN
cjal-3228	265	10	inflows	inflow	NOUN
cjal-3228	265	11	,	,	PUNCT
cjal-3228	265	12	china	china	PROPN
cjal-3228	265	13	's	's	PART
cjal-3228	265	14	foreign	foreign	ADJ
cjal-3228	265	15	exchange	exchange	NOUN
cjal-3228	265	16	reserves	reserve	NOUN
cjal-3228	265	17	grew	grow	VERB
cjal-3228	265	18	only	only	ADV
cjal-3228	265	19	marginally	marginally	ADV
cjal-3228	265	20	during	during	ADP
cjal-3228	265	21	the	the	DET
cjal-3228	265	22	first	first	ADJ
cjal-3228	265	23	half	half	NOUN
cjal-3228	265	24	of	of	ADP
cjal-3228	265	25	1998	1998	NUM
cjal-3228	265	26	.	.	PUNCT
cjal-3228	266	1	see	see	VERB
cjal-3228	266	2	foo	foo	PROPN
cjal-3228	266	3	choy	choy	PROPN
cjal-3228	266	4	peng	peng	PROPN
cjal-3228	266	5	,	,	PUNCT
cjal-3228	266	6	pboc	pboc	NOUN
cjal-3228	266	7	deadline	deadline	NOUN
cjal-3228	266	8	set	set	VERB
cjal-3228	266	9	on	on	ADP
cjal-3228	266	10	return	return	NOUN
cjal-3228	266	11	of	of	ADP
cjal-3228	266	12	forex	forex	ADJ
cjal-3228	266	13	earnings	earning	NOUN
cjal-3228	266	14	,	,	PUNCT
cjal-3228	266	15	s.	s.	PROPN
cjal-3228	266	16	china	china	PROPN
cjal-3228	266	17	morning	morning	PROPN
cjal-3228	266	18	post	post	PROPN
cjal-3228	266	19	,	,	PUNCT
cjal-3228	266	20	sept	sept	PROPN
cjal-3228	266	21	.	.	PROPN
cjal-3228	266	22	29	29	NUM
cjal-3228	266	23	,	,	PUNCT
cjal-3228	266	24	1998	1998	NUM
cjal-3228	266	25	,	,	PUNCT
cjal-3228	266	26	at	at	ADP
cjal-3228	266	27	1	1	NUM
cjal-3228	266	28	.	.	PUNCT
cjal-3228	266	29	48	48	NUM
cjal-3228	267	1	i	i	PROPN
cjal-3228	267	2	d.	d.	PROPN
cjal-3228	267	3	49	49	NUM
cjal-3228	267	4	see	see	VERB
cjal-3228	267	5	foo	foo	PROPN
cjal-3228	267	6	choy	choy	PROPN
cjal-3228	267	7	peng	peng	PROPN
cjal-3228	267	8	,	,	PUNCT
cjal-3228	267	9	forex	forex	ADJ
cjal-3228	267	10	rules	rule	NOUN
cjal-3228	267	11	hurt	hurt	VERB
cjal-3228	267	12	legitimate	legitimate	ADJ
cjal-3228	267	13	firms	firm	NOUN
cjal-3228	267	14	,	,	PUNCT
cjal-3228	267	15	say	say	VERB
cjal-3228	267	16	foreign	foreign	ADJ
cjal-3228	267	17	bankers	banker	NOUN
cjal-3228	267	18	,	,	PUNCT
cjal-3228	267	19	s.	s.	PROPN
cjal-3228	267	20	china	china	PROPN
cjal-3228	267	21	morning	morning	PROPN
cjal-3228	267	22	post	post	PROPN
cjal-3228	267	23	,	,	PUNCT
cjal-3228	267	24	feb	feb	PROPN
cjal-3228	267	25	.	.	PROPN
cjal-3228	267	26	1	1	NUM
cjal-3228	267	27	,	,	PUNCT
cjal-3228	267	28	1999	1999	NUM
cjal-3228	267	29	,	,	PUNCT
cjal-3228	267	30	at	at	ADP
cjal-3228	267	31	3	3	NUM
cjal-3228	267	32	.	.	PUNCT
cjal-3228	268	1	this	this	PRON
cjal-3228	268	2	resulted	result	VERB
cjal-3228	268	3	in	in	ADP
cjal-3228	268	4	widespread	widespread	ADJ
cjal-3228	268	5	discontent	discontent	NOUN
cjal-3228	268	6	among	among	ADP
cjal-3228	268	7	businesses	business	NOUN
cjal-3228	268	8	,	,	PUNCT
cjal-3228	268	9	particularly	particularly	ADV
cjal-3228	268	10	fies	fie	NOUN
cjal-3228	268	11	and	and	CCONJ
cjal-3228	268	12	foreign	foreign	ADJ
cjal-3228	268	13	banks	bank	NOUN
cjal-3228	268	14	.	.	PUNCT
cjal-3228	269	1	2004	2004	NUM
cjal-3228	269	2	]	]	PUNCT
cjal-3228	269	3	columbia	columbia	PROPN
cjal-3228	269	4	journal	journal	PROPN
cjal-3228	269	5	of	of	ADP
cjal-3228	269	6	asian	asian	ADJ
cjal-3228	269	7	law	law	NOUN
cjal-3228	269	8	3	3	NUM
cjal-3228	269	9	.	.	PUNCT
cjal-3228	270	1	requiring	require	VERB
cjal-3228	270	2	that	that	SCONJ
cjal-3228	270	3	banks	bank	NOUN
cjal-3228	270	4	conduct	conduct	VERB
cjal-3228	270	5	foreign	foreign	ADJ
cjal-3228	270	6	exchange	exchange	NOUN
cjal-3228	270	7	transactions	transaction	NOUN
cjal-3228	270	8	only	only	ADV
cjal-3228	270	9	in	in	ADP
cjal-3228	270	10	the	the	DET
cjal-3228	270	11	city	city	NOUN
cjal-3228	270	12	in	in	ADP
cjal-3228	270	13	which	which	PRON
cjal-3228	270	14	they	they	PRON
cjal-3228	270	15	are	be	AUX
cjal-3228	270	16	located	locate	VERB
cjal-3228	270	17	;	;	PUNCT
cjal-3228	270	18	4	4	X
cjal-3228	270	19	.	.	X
cjal-3228	270	20	prohibiting	prohibit	VERB
cjal-3228	270	21	banks	bank	NOUN
cjal-3228	270	22	at	at	ADP
cjal-3228	270	23	or	or	CCONJ
cjal-3228	270	24	below	below	ADP
cjal-3228	270	25	the	the	DET
cjal-3228	270	26	county	county	NOUN
cjal-3228	270	27	level	level	NOUN
cjal-3228	270	28	from	from	ADP
cjal-3228	270	29	conducting	conduct	VERB
cjal-3228	270	30	capital	capital	NOUN
cjal-3228	270	31	account	account	NOUN
cjal-3228	270	32	foreign	foreign	ADJ
cjal-3228	270	33	exchange	exchange	NOUN
cjal-3228	270	34	business	business	NOUN
cjal-3228	270	35	;	;	PUNCT
cjal-3228	270	36	5	5	X
cjal-3228	270	37	.	.	X
cjal-3228	270	38	temporarily	temporarily	ADV
cjal-3228	270	39	halting	halting	ADJ
cjal-3228	270	40	approvals	approval	NOUN
cjal-3228	270	41	for	for	ADP
cjal-3228	270	42	outward	outward	ADJ
cjal-3228	270	43	foreign	foreign	ADJ
cjal-3228	270	44	investment	investment	NOUN
cjal-3228	270	45	;	;	PUNCT
cjal-3228	270	46	6	6	X
cjal-3228	270	47	.	.	X
cjal-3228	270	48	closing	close	VERB
cjal-3228	270	49	the	the	DET
cjal-3228	270	50	last	last	NOUN
cjal-3228	270	51	of	of	ADP
cjal-3228	270	52	the	the	DET
cjal-3228	270	53	swap	swap	NOUN
cjal-3228	270	54	centers	center	NOUN
cjal-3228	270	55	;	;	PUNCT
cjal-3228	270	56	7	7	X
cjal-3228	270	57	.	.	X
cjal-3228	270	58	providing	provide	VERB
cjal-3228	270	59	incentives	incentive	NOUN
cjal-3228	270	60	for	for	SCONJ
cjal-3228	270	61	trading	trading	NOUN
cjal-3228	270	62	companies	company	NOUN
cjal-3228	270	63	to	to	PART
cjal-3228	270	64	repatriate	repatriate	VERB
cjal-3228	270	65	foreign	foreign	ADJ
cjal-3228	270	66	currency	currency	NOUN
cjal-3228	270	67	earnings	earning	NOUN
cjal-3228	270	68	through	through	ADP
cjal-3228	270	69	the	the	DET
cjal-3228	270	70	institution	institution	NOUN
cjal-3228	270	71	of	of	ADP
cjal-3228	270	72	a	a	DET
cjal-3228	270	73	grading	grade	VERB
cjal-3228	270	74	system	system	NOUN
cjal-3228	270	75	;	;	PUNCT
cjal-3228	270	76	8	8	NUM
cjal-3228	270	77	.	.	X
cjal-3228	271	1	tightening	tighten	VERB
cjal-3228	271	2	restrictions	restriction	NOUN
cjal-3228	271	3	on	on	ADP
cjal-3228	271	4	carrying	carry	VERB
cjal-3228	271	5	foreign	foreign	ADJ
cjal-3228	271	6	currency	currency	NOUN
cjal-3228	271	7	out	out	ADP
cjal-3228	271	8	of	of	ADP
cjal-3228	271	9	the	the	DET
cjal-3228	271	10	country	country	NOUN
cjal-3228	271	11	;	;	PUNCT
cjal-3228	271	12	and	and	CCONJ
cjal-3228	271	13	9	9	X
cjal-3228	271	14	.	.	X
cjal-3228	271	15	discouraging	discourage	VERB
cjal-3228	271	16	certain	certain	ADJ
cjal-3228	271	17	undesirable	undesirable	ADJ
cjal-3228	271	18	imports	import	NOUN
cjal-3228	271	19	through	through	ADP
cjal-3228	271	20	the	the	DET
cjal-3228	271	21	adoption	adoption	NOUN
cjal-3228	271	22	of	of	ADP
cjal-3228	271	23	an	an	DET
cjal-3228	271	24	import	import	NOUN
cjal-3228	271	25	product	product	NOUN
cjal-3228	271	26	classification	classification	NOUN
cjal-3228	271	27	system	system	NOUN
cjal-3228	271	28	.	.	PUNCT
cjal-3228	271	29	"	"	PUNCT
cjal-3228	272	1	notwithstanding	notwithstanding	ADP
cjal-3228	272	2	the	the	DET
cjal-3228	272	3	high	high	ADJ
cjal-3228	272	4	number	number	NOUN
cjal-3228	272	5	of	of	ADP
cjal-3228	272	6	circulars	circular	NOUN
cjal-3228	272	7	emanating	emanate	VERB
cjal-3228	272	8	from	from	ADP
cjal-3228	272	9	safe	safe	ADJ
cjal-3228	272	10	and	and	CCONJ
cjal-3228	272	11	the	the	DET
cjal-3228	272	12	pbc	pbc	PROPN
cjal-3228	272	13	during	during	ADP
cjal-3228	272	14	this	this	DET
cjal-3228	272	15	period	period	NOUN
cjal-3228	272	16	,	,	PUNCT
cjal-3228	272	17	for	for	ADP
cjal-3228	272	18	the	the	DET
cjal-3228	272	19	most	most	ADJ
cjal-3228	272	20	part	part	NOUN
cjal-3228	272	21	the	the	DET
cjal-3228	272	22	crackdown	crackdown	NOUN
cjal-3228	272	23	was	be	AUX
cjal-3228	272	24	carried	carry	VERB
cjal-3228	272	25	out	out	ADP
cjal-3228	272	26	not	not	PART
cjal-3228	272	27	through	through	ADP
cjal-3228	272	28	issuing	issue	VERB
cjal-3228	272	29	new	new	ADJ
cjal-3228	272	30	rules	rule	NOUN
cjal-3228	272	31	,	,	PUNCT
cjal-3228	272	32	but	but	CCONJ
cjal-3228	272	33	rather	rather	ADV
cjal-3228	272	34	through	through	ADP
cjal-3228	272	35	tightening	tighten	VERB
cjal-3228	272	36	the	the	DET
cjal-3228	272	37	enforcement	enforcement	NOUN
cjal-3228	272	38	of	of	ADP
cjal-3228	272	39	pre	pre	ADJ
cjal-3228	272	40	-	-	ADJ
cjal-3228	272	41	existing	existing	ADJ
cjal-3228	272	42	regulations	regulation	NOUN
cjal-3228	272	43	,	,	PUNCT
cjal-3228	272	44	many	many	ADJ
cjal-3228	272	45	of	of	ADP
cjal-3228	272	46	which	which	PRON
cjal-3228	272	47	had	have	AUX
cjal-3228	272	48	routinely	routinely	ADV
cjal-3228	272	49	gone	go	VERB
cjal-3228	272	50	unenforced	unenforced	ADJ
cjal-3228	272	51	prior	prior	ADV
cjal-3228	272	52	to	to	ADP
cjal-3228	272	53	the	the	DET
cjal-3228	272	54	east	east	ADJ
cjal-3228	272	55	asian	asian	PROPN
cjal-3228	272	56	financial	financial	PROPN
cjal-3228	272	57	crisis.5	crisis.5	PROPN
cjal-3228	272	58	'	'	PUNCT
cjal-3228	272	59	the	the	DET
cjal-3228	272	60	sudden	sudden	ADJ
cjal-3228	272	61	strict	strict	ADJ
cjal-3228	272	62	enforcement	enforcement	NOUN
cjal-3228	272	63	of	of	ADP
cjal-3228	272	64	previously	previously	ADV
cjal-3228	272	65	ignored	ignore	VERB
cjal-3228	272	66	regulations	regulation	NOUN
cjal-3228	272	67	understandably	understandably	ADV
cjal-3228	272	68	caused	cause	VERB
cjal-3228	272	69	significant	significant	ADJ
cjal-3228	272	70	consternation	consternation	NOUN
cjal-3228	272	71	among	among	ADP
cjal-3228	272	72	many	many	ADJ
cjal-3228	272	73	businesses	business	NOUN
cjal-3228	272	74	and	and	CCONJ
cjal-3228	272	75	financial	financial	ADJ
cjal-3228	272	76	institutions	institution	NOUN
cjal-3228	272	77	,	,	PUNCT
cjal-3228	272	78	but	but	CCONJ
cjal-3228	272	79	the	the	DET
cjal-3228	272	80	crackdown	crackdown	NOUN
cjal-3228	272	81	appears	appear	VERB
cjal-3228	272	82	to	to	PART
cjal-3228	272	83	have	have	AUX
cjal-3228	272	84	served	serve	VERB
cjal-3228	272	85	its	its	PRON
cjal-3228	272	86	purpose	purpose	NOUN
cjal-3228	272	87	without	without	ADP
cjal-3228	272	88	seriously	seriously	ADV
cjal-3228	272	89	damaging	damage	VERB
cjal-3228	272	90	china	china	PROPN
cjal-3228	272	91	's	's	PART
cjal-3228	272	92	long	long	ADJ
cjal-3228	272	93	-	-	PUNCT
cjal-3228	272	94	term	term	NOUN
cjal-3228	272	95	goal	goal	NOUN
cjal-3228	272	96	of	of	ADP
cjal-3228	272	97	full	full	ADJ
cjal-3228	272	98	currency	currency	NOUN
cjal-3228	272	99	convertibility	convertibility	NOUN
cjal-3228	272	100	.	.	PUNCT
cjal-3228	273	1	although	although	SCONJ
cjal-3228	273	2	dangerously	dangerously	ADV
cjal-3228	273	3	large	large	ADJ
cjal-3228	273	4	-	-	PUNCT
cjal-3228	273	5	scale	scale	NOUN
cjal-3228	273	6	currency	currency	NOUN
cjal-3228	273	7	flight	flight	NOUN
cjal-3228	273	8	may	may	AUX
cjal-3228	273	9	have	have	AUX
cjal-3228	273	10	been	be	AUX
cjal-3228	273	11	unlikely	unlikely	ADJ
cjal-3228	273	12	even	even	ADV
cjal-3228	273	13	without	without	ADP
cjal-3228	273	14	many	many	ADJ
cjal-3228	273	15	of	of	ADP
cjal-3228	273	16	these	these	DET
cjal-3228	273	17	new	new	ADJ
cjal-3228	273	18	regulations	regulation	NOUN
cjal-3228	273	19	,	,	PUNCT
cjal-3228	273	20	their	their	PRON
cjal-3228	273	21	issuance	issuance	NOUN
cjal-3228	273	22	demonstrated	demonstrate	VERB
cjal-3228	273	23	clearly	clearly	ADV
cjal-3228	273	24	the	the	DET
cjal-3228	273	25	willingness	willingness	NOUN
cjal-3228	273	26	of	of	ADP
cjal-3228	273	27	the	the	DET
cjal-3228	273	28	chinese	chinese	ADJ
cjal-3228	273	29	government	government	NOUN
cjal-3228	273	30	to	to	PART
cjal-3228	273	31	risk	risk	VERB
cjal-3228	273	32	short	short	ADJ
cjal-3228	273	33	-	-	PUNCT
cjal-3228	273	34	term	term	NOUN
cjal-3228	273	35	alienation	alienation	NOUN
cjal-3228	273	36	of	of	ADP
cjal-3228	273	37	domestic	domestic	ADJ
cjal-3228	273	38	and	and	CCONJ
cjal-3228	273	39	foreign	foreign	ADJ
cjal-3228	273	40	economic	economic	ADJ
cjal-3228	273	41	interests	interest	NOUN
cjal-3228	273	42	in	in	ADP
cjal-3228	273	43	order	order	NOUN
cjal-3228	273	44	to	to	PART
cjal-3228	273	45	ensure	ensure	VERB
cjal-3228	273	46	that	that	SCONJ
cjal-3228	273	47	forex	forex	ADJ
cjal-3228	273	48	reserves	reserve	NOUN
cjal-3228	273	49	remained	remain	VERB
cjal-3228	273	50	high	high	ADJ
cjal-3228	273	51	and	and	CCONJ
cjal-3228	273	52	growing	grow	VERB
cjal-3228	273	53	.	.	PUNCT
cjal-3228	274	1	although	although	SCONJ
cjal-3228	274	2	most	most	ADJ
cjal-3228	274	3	of	of	ADP
cjal-3228	274	4	the	the	DET
cjal-3228	274	5	measures	measure	NOUN
cjal-3228	274	6	adopted	adopt	VERB
cjal-3228	274	7	during	during	ADP
cjal-3228	274	8	the	the	DET
cjal-3228	274	9	east	east	ADJ
cjal-3228	274	10	asian	asian	ADJ
cjal-3228	274	11	financial	financial	ADJ
cjal-3228	274	12	crisis	crisis	NOUN
cjal-3228	274	13	were	be	AUX
cjal-3228	274	14	short	short	ADJ
cjal-3228	274	15	-	-	PUNCT
cjal-3228	274	16	term	term	NOUN
cjal-3228	274	17	in	in	ADP
cjal-3228	274	18	nature	nature	NOUN
cjal-3228	274	19	and	and	CCONJ
cjal-3228	274	20	were	be	AUX
cjal-3228	274	21	lifted	lift	VERB
cjal-3228	274	22	or	or	CCONJ
cjal-3228	274	23	relaxed	relax	VERB
cjal-3228	274	24	within	within	ADP
cjal-3228	274	25	a	a	DET
cjal-3228	274	26	few	few	ADJ
cjal-3228	274	27	years	year	NOUN
cjal-3228	274	28	,	,	PUNCT
cjal-3228	274	29	the	the	DET
cjal-3228	274	30	long	long	ADJ
cjal-3228	274	31	-	-	PUNCT
cjal-3228	274	32	term	term	NOUN
cjal-3228	274	33	effect	effect	NOUN
cjal-3228	274	34	of	of	ADP
cjal-3228	274	35	the	the	DET
cjal-3228	274	36	crisis	crisis	NOUN
cjal-3228	274	37	has	have	AUX
cjal-3228	274	38	been	be	AUX
cjal-3228	274	39	a	a	DET
cjal-3228	274	40	more	more	ADV
cjal-3228	274	41	gradual	gradual	ADJ
cjal-3228	274	42	and	and	CCONJ
cjal-3228	274	43	circumspect	circumspect	ADJ
cjal-3228	274	44	move	move	NOUN
cjal-3228	274	45	towards	towards	ADP
cjal-3228	274	46	capital	capital	NOUN
cjal-3228	274	47	account	account	NOUN
cjal-3228	274	48	convertibility	convertibility	NOUN
cjal-3228	274	49	of	of	ADP
cjal-3228	274	50	the	the	DET
cjal-3228	274	51	yuan	yuan	NOUN
cjal-3228	274	52	.	.	PUNCT
cjal-3228	275	1	as	as	SCONJ
cjal-3228	275	2	the	the	DET
cjal-3228	275	3	effects	effect	NOUN
cjal-3228	275	4	of	of	ADP
cjal-3228	275	5	the	the	DET
cjal-3228	275	6	east	east	ADJ
cjal-3228	275	7	asian	asian	ADJ
cjal-3228	275	8	financial	financial	ADJ
cjal-3228	275	9	crisis	crisis	NOUN
cjal-3228	275	10	waned	wane	VERB
cjal-3228	275	11	,	,	PUNCT
cjal-3228	275	12	pressures	pressure	NOUN
cjal-3228	275	13	for	for	ADP
cjal-3228	275	14	further	further	ADJ
cjal-3228	275	15	liberalization	liberalization	NOUN
cjal-3228	275	16	of	of	ADP
cjal-3228	275	17	the	the	DET
cjal-3228	275	18	foreign	foreign	ADJ
cjal-3228	275	19	exchange	exchange	NOUN
cjal-3228	275	20	regulatory	regulatory	ADJ
cjal-3228	275	21	regime	regime	NOUN
cjal-3228	275	22	arose	arise	VERB
cjal-3228	275	23	from	from	ADP
cjal-3228	275	24	china	china	PROPN
cjal-3228	275	25	's	's	PART
cjal-3228	275	26	successful	successful	ADJ
cjal-3228	275	27	wto	wto	PROPN
cjal-3228	275	28	accession	accession	NOUN
cjal-3228	275	29	bid	bid	NOUN
cjal-3228	275	30	.	.	PUNCT
cjal-3228	276	1	although	although	SCONJ
cjal-3228	276	2	50	50	NUM
cjal-3228	276	3	for	for	ADP
cjal-3228	276	4	an	an	DET
cjal-3228	276	5	extensive	extensive	ADJ
cjal-3228	276	6	list	list	NOUN
cjal-3228	276	7	of	of	ADP
cjal-3228	276	8	notices	notice	NOUN
cjal-3228	276	9	and	and	CCONJ
cjal-3228	276	10	regulations	regulation	NOUN
cjal-3228	276	11	for	for	ADP
cjal-3228	276	12	strengthening	strengthen	VERB
cjal-3228	276	13	exchange	exchange	NOUN
cjal-3228	276	14	controls	control	NOUN
cjal-3228	276	15	issued	issue	VERB
cjal-3228	276	16	during	during	ADP
cjal-3228	276	17	the	the	DET
cjal-3228	276	18	east	east	ADJ
cjal-3228	276	19	asian	asian	ADJ
cjal-3228	276	20	financial	financial	ADJ
cjal-3228	276	21	crisis	crisis	NOUN
cjal-3228	276	22	,	,	PUNCT
cjal-3228	276	23	see	see	VERB
cjal-3228	276	24	lin	lin	PROPN
cjal-3228	276	25	,	,	PUNCT
cjal-3228	276	26	supra	supra	PROPN
cjal-3228	276	27	note	note	PROPN
cjal-3228	276	28	22	22	NUM
cjal-3228	276	29	,	,	PUNCT
cjal-3228	276	30	table	table	NOUN
cjal-3228	276	31	7	7	NUM
cjal-3228	276	32	.	.	SYM
cjal-3228	276	33	51	51	NUM
cjal-3228	276	34	wang	wang	PROPN
cjal-3228	276	35	xiangwei	xiangwei	PROPN
cjal-3228	276	36	,	,	PUNCT
cjal-3228	276	37	regime	regime	NOUN
cjal-3228	276	38	change	change	NOUN
cjal-3228	276	39	causes	cause	VERB
cjal-3228	276	40	delays	delay	NOUN
cjal-3228	276	41	,	,	PUNCT
cjal-3228	276	42	s.	s.	PROPN
cjal-3228	276	43	china	china	PROPN
cjal-3228	276	44	morning	morning	PROPN
cjal-3228	276	45	post	post	PROPN
cjal-3228	276	46	,	,	PUNCT
cjal-3228	276	47	jan	jan	PROPN
cjal-3228	276	48	.	.	PROPN
cjal-3228	276	49	14	14	NUM
cjal-3228	276	50	,	,	PUNCT
cjal-3228	276	51	1999	1999	NUM
cjal-3228	276	52	.	.	PUNCT
cjal-3228	277	1	[	[	X
cjal-3228	277	2	17:2	17:2	NUM
cjal-3228	277	3	china	china	PROPN
cjal-3228	277	4	's	's	PART
cjal-3228	277	5	system	system	NOUN
cjal-3228	277	6	of	of	ADP
cjal-3228	277	7	foreign	foreign	ADJ
cjal-3228	277	8	exchange	exchange	NOUN
cjal-3228	277	9	wto	wto	PROPN
cjal-3228	277	10	rules	rule	NOUN
cjal-3228	277	11	and	and	CCONJ
cjal-3228	277	12	china	china	PROPN
cjal-3228	277	13	's	's	PART
cjal-3228	277	14	wto	wto	PROPN
cjal-3228	277	15	accession	accession	NOUN
cjal-3228	277	16	agreement	agreement	NOUN
cjal-3228	277	17	do	do	AUX
cjal-3228	277	18	not	not	PART
cjal-3228	277	19	require	require	VERB
cjal-3228	277	20	capital	capital	NOUN
cjal-3228	277	21	account	account	NOUN
cjal-3228	277	22	convertibility	convertibility	NOUN
cjal-3228	277	23	or	or	CCONJ
cjal-3228	277	24	exchange	exchange	NOUN
cjal-3228	277	25	rate	rate	NOUN
cjal-3228	277	26	liberalization	liberalization	NOUN
cjal-3228	277	27	per	per	ADP
cjal-3228	277	28	se	se	X
cjal-3228	277	29	,	,	PUNCT
cjal-3228	277	30	wto	wto	PROPN
cjal-3228	277	31	accession	accession	NOUN
cjal-3228	277	32	has	have	AUX
cjal-3228	277	33	had	have	VERB
cjal-3228	277	34	and	and	CCONJ
cjal-3228	277	35	continues	continue	VERB
cjal-3228	277	36	to	to	PART
cjal-3228	277	37	have	have	VERB
cjal-3228	277	38	a	a	DET
cjal-3228	277	39	substantial	substantial	ADJ
cjal-3228	277	40	effect	effect	NOUN
cjal-3228	277	41	on	on	ADP
cjal-3228	277	42	china	china	PROPN
cjal-3228	277	43	's	's	PART
cjal-3228	277	44	forex	forex	ADJ
cjal-3228	277	45	laws	law	NOUN
cjal-3228	277	46	.	.	PUNCT
cjal-3228	278	1	the	the	DET
cjal-3228	278	2	wto	wto	PROPN
cjal-3228	278	3	principle	principle	NOUN
cjal-3228	278	4	of	of	ADP
cjal-3228	278	5	national	national	ADJ
cjal-3228	278	6	treatment	treatment	NOUN
cjal-3228	278	7	requires	require	VERB
cjal-3228	278	8	china	china	PROPN
cjal-3228	278	9	to	to	PART
cjal-3228	278	10	eliminate	eliminate	VERB
cjal-3228	278	11	any	any	DET
cjal-3228	278	12	laws	law	NOUN
cjal-3228	278	13	and	and	CCONJ
cjal-3228	278	14	policies	policy	NOUN
cjal-3228	278	15	which	which	PRON
cjal-3228	278	16	discriminate	discriminate	VERB
cjal-3228	278	17	against	against	ADP
cjal-3228	278	18	foreign	foreign	ADJ
cjal-3228	278	19	enterprises	enterprise	NOUN
cjal-3228	278	20	.	.	PUNCT
cjal-3228	279	1	2	2	NUM
cjal-3228	279	2	even	even	ADV
cjal-3228	279	3	prior	prior	ADV
cjal-3228	279	4	to	to	ADP
cjal-3228	279	5	officially	officially	ADV
cjal-3228	279	6	joining	join	VERB
cjal-3228	279	7	the	the	DET
cjal-3228	279	8	wto	wto	PROPN
cjal-3228	279	9	,	,	PUNCT
cjal-3228	279	10	several	several	ADJ
cjal-3228	279	11	controversial	controversial	ADJ
cjal-3228	279	12	laws	law	NOUN
cjal-3228	279	13	had	have	AUX
cjal-3228	279	14	already	already	ADV
cjal-3228	279	15	been	be	AUX
cjal-3228	279	16	taken	take	VERB
cjal-3228	279	17	off	off	ADP
cjal-3228	279	18	the	the	DET
cjal-3228	279	19	books	book	NOUN
cjal-3228	279	20	,	,	PUNCT
cjal-3228	279	21	including	include	VERB
cjal-3228	279	22	the	the	DET
cjal-3228	279	23	requirement	requirement	NOUN
cjal-3228	279	24	that	that	SCONJ
cjal-3228	279	25	fies	fie	NOUN
cjal-3228	279	26	balance	balance	VERB
cjal-3228	279	27	their	their	PRON
cjal-3228	279	28	foreign	foreign	ADJ
cjal-3228	279	29	exchange	exchange	NOUN
cjal-3228	279	30	receipts	receipt	NOUN
cjal-3228	279	31	.	.	PUNCT
cjal-3228	280	1	,	,	PUNCT
cjal-3228	280	2	1	1	NUM
cjal-3228	280	3	more	more	ADV
cjal-3228	280	4	recently	recently	ADV
cjal-3228	280	5	,	,	PUNCT
cjal-3228	280	6	china	china	PROPN
cjal-3228	280	7	has	have	AUX
cjal-3228	280	8	eliminated	eliminate	VERB
cjal-3228	280	9	rules	rule	NOUN
cjal-3228	280	10	stipulating	stipulate	VERB
cjal-3228	280	11	differential	differential	ADJ
cjal-3228	280	12	treatment	treatment	NOUN
cjal-3228	280	13	for	for	ADP
cjal-3228	280	14	fies	fie	NOUN
cjal-3228	280	15	and	and	CCONJ
cjal-3228	280	16	domestic	domestic	ADJ
cjal-3228	280	17	enterprises	enterprise	NOUN
cjal-3228	280	18	regarding	regard	VERB
cjal-3228	280	19	opening	open	VERB
cjal-3228	280	20	foreign	foreign	ADJ
cjal-3228	280	21	exchange	exchange	NOUN
cjal-3228	280	22	accounts	account	NOUN
cjal-3228	280	23	and	and	CCONJ
cjal-3228	280	24	settling	settle	VERB
cjal-3228	280	25	foreign	foreign	ADJ
cjal-3228	280	26	exchange	exchange	NOUN
cjal-3228	280	27	earnings	earning	NOUN
cjal-3228	280	28	.	.	PUNCT
cjal-3228	280	29	'	'	PUNCT
cjal-3228	281	1	perhaps	perhaps	ADV
cjal-3228	281	2	most	most	ADV
cjal-3228	281	3	notable	notable	ADJ
cjal-3228	281	4	,	,	PUNCT
cjal-3228	281	5	though	though	ADV
cjal-3228	281	6	,	,	PUNCT
cjal-3228	281	7	are	be	AUX
cjal-3228	281	8	the	the	DET
cjal-3228	281	9	commitments	commitment	NOUN
cjal-3228	281	10	china	china	PROPN
cjal-3228	281	11	has	have	AUX
cjal-3228	281	12	made	make	VERB
cjal-3228	281	13	to	to	PART
cjal-3228	281	14	open	open	VERB
cjal-3228	281	15	its	its	PRON
cjal-3228	281	16	financial	financial	ADJ
cjal-3228	281	17	services	service	NOUN
cjal-3228	281	18	industry	industry	NOUN
cjal-3228	281	19	to	to	ADP
cjal-3228	281	20	foreign	foreign	ADJ
cjal-3228	281	21	competition	competition	NOUN
cjal-3228	281	22	within	within	ADP
cjal-3228	281	23	five	five	NUM
cjal-3228	281	24	years	year	NOUN
cjal-3228	281	25	of	of	ADP
cjal-3228	281	26	wto	wto	PROPN
cjal-3228	281	27	accession	accession	NOUN
cjal-3228	281	28	.	.	PUNCT
cjal-3228	282	1	11	11	NUM
cjal-3228	282	2	by	by	ADP
cjal-3228	282	3	the	the	DET
cjal-3228	282	4	end	end	NOUN
cjal-3228	282	5	of	of	ADP
cjal-3228	282	6	2006	2006	NUM
cjal-3228	282	7	,	,	PUNCT
cjal-3228	282	8	foreign	foreign	NOUN
cjal-3228	282	9	-	-	PUNCT
cjal-3228	282	10	owned	own	VERB
cjal-3228	282	11	banks	bank	NOUN
cjal-3228	282	12	should	should	AUX
cjal-3228	282	13	have	have	VERB
cjal-3228	282	14	equal	equal	ADJ
cjal-3228	282	15	treatment	treatment	NOUN
cjal-3228	282	16	as	as	ADP
cjal-3228	282	17	domestic	domestic	ADJ
cjal-3228	282	18	banks	bank	NOUN
cjal-3228	282	19	,	,	PUNCT
cjal-3228	282	20	including	include	VERB
cjal-3228	282	21	equal	equal	ADJ
cjal-3228	282	22	access	access	NOUN
cjal-3228	282	23	to	to	ADP
cjal-3228	282	24	the	the	DET
cjal-3228	282	25	foreign	foreign	ADJ
cjal-3228	282	26	exchange	exchange	NOUN
cjal-3228	282	27	services	service	NOUN
cjal-3228	282	28	and	and	CCONJ
cjal-3228	282	29	trading	trading	NOUN
cjal-3228	282	30	markets	market	NOUN
cjal-3228	282	31	.	.	PUNCT
cjal-3228	283	1	6	6	NUM
cjal-3228	283	2	wto	wto	PROPN
cjal-3228	283	3	accession	accession	NOUN
cjal-3228	283	4	in	in	ADP
cjal-3228	283	5	december	december	PROPN
cjal-3228	283	6	2001	2001	NUM
cjal-3228	283	7	has	have	AUX
cjal-3228	283	8	been	be	AUX
cjal-3228	283	9	followed	follow	VERB
cjal-3228	283	10	by	by	ADP
cjal-3228	283	11	a	a	DET
cjal-3228	283	12	period	period	NOUN
cjal-3228	283	13	of	of	ADP
cjal-3228	283	14	extremely	extremely	ADV
cjal-3228	283	15	rapid	rapid	ADJ
cjal-3228	283	16	growth	growth	NOUN
cjal-3228	283	17	in	in	ADP
cjal-3228	283	18	trade	trade	NOUN
cjal-3228	283	19	and	and	CCONJ
cjal-3228	283	20	inward	inward	ADP
cjal-3228	283	21	fdi	fdi	PROPN
cjal-3228	283	22	for	for	ADP
cjal-3228	283	23	china	china	PROPN
cjal-3228	283	24	.	.	PUNCT
cjal-3228	284	1	7	7	NUM
cjal-3228	285	1	the	the	DET
cjal-3228	285	2	resulting	result	VERB
cjal-3228	285	3	strong	strong	ADJ
cjal-3228	285	4	balance	balance	NOUN
cjal-3228	285	5	of	of	ADP
cjal-3228	285	6	payments	payment	NOUN
cjal-3228	285	7	position	position	NOUN
cjal-3228	285	8	has	have	AUX
cjal-3228	285	9	made	make	VERB
cjal-3228	285	10	further	further	ADJ
cjal-3228	285	11	liberalization	liberalization	NOUN
cjal-3228	285	12	of	of	ADP
cjal-3228	285	13	the	the	DET
cjal-3228	285	14	capital	capital	NOUN
cjal-3228	285	15	account	account	NOUN
cjal-3228	285	16	and	and	CCONJ
cjal-3228	285	17	exchange	exchange	NOUN
cjal-3228	285	18	rate	rate	NOUN
cjal-3228	285	19	easier	easy	ADJ
cjal-3228	285	20	to	to	PART
cjal-3228	285	21	digest	digest	VERB
cjal-3228	285	22	.	.	PUNCT
cjal-3228	286	1	moreover	moreover	ADV
cjal-3228	286	2	,	,	PUNCT
cjal-3228	286	3	it	it	PRON
cjal-3228	286	4	has	have	AUX
cjal-3228	286	5	opened	open	VERB
cjal-3228	286	6	china	china	PROPN
cjal-3228	286	7	's	's	PART
cjal-3228	286	8	foreign	foreign	ADJ
cjal-3228	286	9	exchange	exchange	NOUN
cjal-3228	286	10	system	system	NOUN
cjal-3228	286	11	to	to	ADP
cjal-3228	286	12	increasing	increase	VERB
cjal-3228	286	13	52	52	NUM
cjal-3228	286	14	the	the	DET
cjal-3228	286	15	national	national	ADJ
cjal-3228	286	16	treatment	treatment	NOUN
cjal-3228	286	17	requirement	requirement	NOUN
cjal-3228	286	18	(	(	PUNCT
cjal-3228	286	19	found	find	VERB
cjal-3228	286	20	in	in	ADP
cjal-3228	286	21	article	article	NOUN
cjal-3228	286	22	iii	iii	NUM
cjal-3228	286	23	of	of	ADP
cjal-3228	286	24	the	the	DET
cjal-3228	286	25	1947	1947	NUM
cjal-3228	286	26	gatt	gatt	NOUN
cjal-3228	286	27	)	)	PUNCT
cjal-3228	286	28	is	be	AUX
cjal-3228	286	29	one	one	NUM
cjal-3228	286	30	of	of	ADP
cjal-3228	286	31	the	the	DET
cjal-3228	286	32	basic	basic	ADJ
cjal-3228	286	33	pillars	pillar	NOUN
cjal-3228	286	34	of	of	ADP
cjal-3228	286	35	the	the	DET
cjal-3228	286	36	gattiwto	gattiwto	ADJ
cjal-3228	286	37	legal	legal	ADJ
cjal-3228	286	38	system	system	NOUN
cjal-3228	286	39	.	.	PUNCT
cjal-3228	287	1	national	national	ADJ
cjal-3228	287	2	treatment	treatment	NOUN
cjal-3228	287	3	,	,	PUNCT
cjal-3228	287	4	which	which	PRON
cjal-3228	287	5	also	also	ADV
cjal-3228	287	6	applies	apply	VERB
cjal-3228	287	7	to	to	ADP
cjal-3228	287	8	investment	investment	NOUN
cjal-3228	287	9	laws	law	NOUN
cjal-3228	287	10	affecting	affect	VERB
cjal-3228	287	11	the	the	DET
cjal-3228	287	12	trade	trade	NOUN
cjal-3228	287	13	in	in	ADP
cjal-3228	287	14	goods	good	NOUN
cjal-3228	287	15	and	and	CCONJ
cjal-3228	287	16	services	service	NOUN
cjal-3228	287	17	vis	vis	X
cjal-3228	287	18	-	-	PUNCT
cjal-3228	287	19	a	a	X
cjal-3228	287	20	-	-	PUNCT
cjal-3228	287	21	vis	vis	X
cjal-3228	287	22	the	the	DET
cjal-3228	287	23	agreement	agreement	NOUN
cjal-3228	287	24	on	on	ADP
cjal-3228	287	25	trade	trade	NOUN
cjal-3228	287	26	-	-	PUNCT
cjal-3228	287	27	related	relate	VERB
cjal-3228	287	28	investment	investment	NOUN
cjal-3228	287	29	measures	measure	NOUN
cjal-3228	287	30	(	(	PUNCT
cjal-3228	287	31	trims	trim	NOUN
cjal-3228	287	32	)	)	PUNCT
cjal-3228	287	33	,	,	PUNCT
cjal-3228	287	34	requires	require	VERB
cjal-3228	287	35	that	that	SCONJ
cjal-3228	287	36	a	a	DET
cjal-3228	287	37	country	country	NOUN
cjal-3228	287	38	's	's	PART
cjal-3228	287	39	domestic	domestic	ADJ
cjal-3228	287	40	laws	law	NOUN
cjal-3228	287	41	treat	treat	VERB
cjal-3228	287	42	imported	import	VERB
cjal-3228	287	43	products	product	NOUN
cjal-3228	287	44	no	no	ADV
cjal-3228	287	45	less	less	ADV
cjal-3228	287	46	favorably	favorably	ADV
cjal-3228	287	47	than	than	ADP
cjal-3228	287	48	products	product	NOUN
cjal-3228	287	49	produced	produce	VERB
cjal-3228	287	50	domestically	domestically	ADV
cjal-3228	287	51	.	.	PUNCT
cjal-3228	288	1	53	53	NUM
cjal-3228	288	2	see	see	VERB
cjal-3228	288	3	william	william	PROPN
cjal-3228	288	4	kazer	kazer	PROPN
cjal-3228	288	5	,	,	PUNCT
cjal-3228	288	6	outdated	outdated	ADJ
cjal-3228	288	7	forex	forex	ADJ
cjal-3228	288	8	rules	rule	NOUN
cjal-3228	288	9	face	face	VERB
cjal-3228	288	10	axe	axe	NOUN
cjal-3228	288	11	,	,	PUNCT
cjal-3228	288	12	s.	s.	PROPN
cjal-3228	288	13	china	china	PROPN
cjal-3228	288	14	morning	morning	PROPN
cjal-3228	288	15	post	post	PROPN
cjal-3228	288	16	,	,	PUNCT
cjal-3228	288	17	oct	oct	PROPN
cjal-3228	288	18	.	.	PROPN
cjal-3228	288	19	25	25	NUM
cjal-3228	288	20	,	,	PUNCT
cjal-3228	288	21	2000	2000	NUM
cjal-3228	288	22	.	.	PUNCT
cjal-3228	289	1	see	see	VERB
cjal-3228	289	2	section	section	NOUN
cjal-3228	289	3	iv.c	iv.c	VERB
cjal-3228	289	4	.	.	PUNCT
cjal-3228	290	1	below	below	ADV
cjal-3228	290	2	.	.	PUNCT
cjal-3228	291	1	55	55	NUM
cjal-3228	291	2	as	as	ADP
cjal-3228	291	3	part	part	NOUN
cjal-3228	291	4	of	of	ADP
cjal-3228	291	5	its	its	PRON
cjal-3228	291	6	accession	accession	NOUN
cjal-3228	291	7	agreement	agreement	NOUN
cjal-3228	291	8	,	,	PUNCT
cjal-3228	291	9	china	china	PROPN
cjal-3228	291	10	made	make	VERB
cjal-3228	291	11	liberalization	liberalization	NOUN
cjal-3228	291	12	commitments	commitment	NOUN
cjal-3228	291	13	in	in	ADP
cjal-3228	291	14	the	the	DET
cjal-3228	291	15	following	follow	VERB
cjal-3228	291	16	sectors	sector	NOUN
cjal-3228	291	17	:	:	PUNCT
cjal-3228	291	18	1	1	X
cjal-3228	291	19	.	.	X
cjal-3228	291	20	local	local	ADJ
cjal-3228	291	21	(	(	PUNCT
cjal-3228	291	22	renminbi	renminbi	NOUN
cjal-3228	291	23	)	)	PUNCT
cjal-3228	291	24	currency	currency	NOUN
cjal-3228	291	25	business	business	NOUN
cjal-3228	291	26	2	2	NUM
cjal-3228	291	27	.	.	PUNCT
cjal-3228	291	28	foreign	foreign	ADJ
cjal-3228	291	29	currency	currency	NOUN
cjal-3228	291	30	business	business	NOUN
cjal-3228	291	31	3	3	NUM
cjal-3228	291	32	.	.	PUNCT
cjal-3228	291	33	motor	motor	NOUN
cjal-3228	291	34	vehicle	vehicle	NOUN
cjal-3228	291	35	financing	financing	NOUN
cjal-3228	291	36	4	4	NUM
cjal-3228	291	37	.	.	PUNCT
cjal-3228	291	38	financial	financial	ADJ
cjal-3228	291	39	leasing	leasing	NOUN
cjal-3228	291	40	5	5	NUM
cjal-3228	291	41	.	.	PUNCT
cjal-3228	292	1	securities	security	NOUN
cjal-3228	292	2	6	6	NUM
cjal-3228	292	3	.	.	PUNCT
cjal-3228	293	1	insurance	insurance	NOUN
cjal-3228	293	2	see	see	VERB
cjal-3228	293	3	lin	lin	PROPN
cjal-3228	293	4	,	,	PUNCT
cjal-3228	293	5	supra	supra	PROPN
cjal-3228	293	6	,	,	PUNCT
cjal-3228	293	7	note	note	VERB
cjal-3228	293	8	22	22	NUM
cjal-3228	293	9	,	,	PUNCT
cjal-3228	293	10	table	table	NOUN
cjal-3228	293	11	9	9	NUM
cjal-3228	293	12	.	.	X
cjal-3228	293	13	56	56	NUM
cjal-3228	293	14	see	see	VERB
cjal-3228	293	15	lin	lin	PROPN
cjal-3228	293	16	,	,	PUNCT
cjal-3228	293	17	supra	supra	PROPN
cjal-3228	293	18	note	note	PROPN
cjal-3228	293	19	22	22	NUM
cjal-3228	293	20	,	,	PUNCT
cjal-3228	293	21	at	at	ADP
cjal-3228	293	22	30	30	NUM
cjal-3228	293	23	.	.	PUNCT
cjal-3228	293	24	57	57	NUM
cjal-3228	293	25	in	in	ADP
cjal-3228	293	26	2002	2002	NUM
cjal-3228	293	27	,	,	PUNCT
cjal-3228	293	28	the	the	DET
cjal-3228	293	29	first	first	ADJ
cjal-3228	293	30	full	full	ADJ
cjal-3228	293	31	year	year	NOUN
cjal-3228	293	32	following	follow	VERB
cjal-3228	293	33	china	china	PROPN
cjal-3228	293	34	's	's	PART
cjal-3228	293	35	wto	wto	PROPN
cjal-3228	293	36	accession	accession	NOUN
cjal-3228	293	37	,	,	PUNCT
cjal-3228	293	38	china	china	PROPN
cjal-3228	293	39	's	's	PART
cjal-3228	293	40	exports	export	NOUN
cjal-3228	293	41	surged	surge	VERB
cjal-3228	293	42	22.3	22.3	NUM
cjal-3228	293	43	%	%	NOUN
cjal-3228	293	44	,	,	PUNCT
cjal-3228	293	45	slightly	slightly	ADV
cjal-3228	293	46	outpacing	outpace	VERB
cjal-3228	293	47	the	the	DET
cjal-3228	293	48	21.2	21.2	NUM
cjal-3228	293	49	%	%	NOUN
cjal-3228	293	50	rise	rise	NOUN
cjal-3228	293	51	in	in	ADP
cjal-3228	293	52	imports	import	NOUN
cjal-3228	293	53	.	.	PUNCT
cjal-3228	294	1	in	in	ADP
cjal-3228	294	2	2003	2003	NUM
cjal-3228	294	3	,	,	PUNCT
cjal-3228	294	4	both	both	CCONJ
cjal-3228	294	5	export	export	NOUN
cjal-3228	294	6	and	and	CCONJ
cjal-3228	294	7	import	import	NOUN
cjal-3228	294	8	growth	growth	NOUN
cjal-3228	294	9	accelerated	accelerate	VERB
cjal-3228	294	10	,	,	PUNCT
cjal-3228	294	11	rising	rise	VERB
cjal-3228	294	12	34.6	34.6	NUM
cjal-3228	294	13	%	%	NOUN
cjal-3228	294	14	and	and	CCONJ
cjal-3228	294	15	39.9	39.9	NUM
cjal-3228	294	16	%	%	NOUN
cjal-3228	294	17	,	,	PUNCT
cjal-3228	294	18	respectively	respectively	ADV
cjal-3228	294	19	.	.	PUNCT
cjal-3228	295	1	jinchukou	jinchukou	PROPN
cjal-3228	295	2	tongji	tongji	PROPN
cjal-3228	295	3	[	[	X
cjal-3228	295	4	import	import	NOUN
cjal-3228	295	5	and	and	CCONJ
cjal-3228	295	6	export	export	NOUN
cjal-3228	295	7	statistics	statistic	NOUN
cjal-3228	295	8	]	]	PUNCT
cjal-3228	295	9	,	,	PUNCT
cjal-3228	295	10	www.mofcom.gov.cn/jinchukou.shtml	www.mofcom.gov.cn/jinchukou.shtml	NOUN
cjal-3228	295	11	.	.	PUNCT
cjal-3228	296	1	at	at	ADP
cjal-3228	296	2	the	the	DET
cjal-3228	296	3	same	same	ADJ
cjal-3228	296	4	time	time	NOUN
cjal-3228	296	5	,	,	PUNCT
cjal-3228	296	6	actual	actual	ADJ
cjal-3228	296	7	utilized	utilize	VERB
cjal-3228	296	8	foreign	foreign	ADJ
cjal-3228	296	9	direct	direct	ADJ
cjal-3228	296	10	investment	investment	NOUN
cjal-3228	296	11	rose	rise	VERB
cjal-3228	296	12	12.5	12.5	NUM
cjal-3228	296	13	%	%	NOUN
cjal-3228	296	14	to	to	ADP
cjal-3228	296	15	$	$	SYM
cjal-3228	296	16	52.7b	52.7b	NUM
cjal-3228	296	17	in	in	ADP
cjal-3228	296	18	2002	2002	NUM
cjal-3228	296	19	,	,	PUNCT
cjal-3228	296	20	and	and	CCONJ
cjal-3228	296	21	gained	gain	VERB
cjal-3228	296	22	a	a	DET
cjal-3228	296	23	further	further	ADJ
cjal-3228	296	24	1.44	1.44	NUM
cjal-3228	296	25	%	%	NOUN
cjal-3228	296	26	to	to	ADP
cjal-3228	296	27	$	$	SYM
cjal-3228	296	28	53.5b	53.5b	NUM
cjal-3228	296	29	in	in	ADP
cjal-3228	296	30	2003	2003	NUM
cjal-3228	296	31	.	.	PUNCT
cjal-3228	297	1	liyong	liyong	PROPN
cjal-3228	297	2	waizi	waizi	ADJ
cjal-3228	297	3	tongji	tongji	NOUN
cjal-3228	298	1	[	[	X
cjal-3228	298	2	utilized	utilize	VERB
cjal-3228	298	3	foreign	foreign	ADJ
cjal-3228	298	4	investment	investment	NOUN
cjal-3228	298	5	statistics	statistic	NOUN
cjal-3228	298	6	]	]	PUNCT
cjal-3228	298	7	,	,	PUNCT
cjal-3228	298	8	www.mofcom.gov.cn/waimaotongji.shtml	www.mofcom.gov.cn/waimaotongji.shtml	PROPN
cjal-3228	298	9	.	.	PUNCT
cjal-3228	299	1	2004	2004	NUM
cjal-3228	299	2	]	]	PUNCT
cjal-3228	299	3	columbia	columbia	PROPN
cjal-3228	299	4	journal	journal	PROPN
cjal-3228	299	5	of	of	ADP
cjal-3228	299	6	asian	asian	ADJ
cjal-3228	299	7	law	law	NOUN
cjal-3228	299	8	criticism	criticism	NOUN
cjal-3228	299	9	from	from	ADP
cjal-3228	299	10	abroad	abroad	ADV
cjal-3228	299	11	.	.	PUNCT
cjal-3228	300	1	in	in	ADP
cjal-3228	300	2	response	response	NOUN
cjal-3228	300	3	,	,	PUNCT
cjal-3228	300	4	china	china	PROPN
cjal-3228	300	5	has	have	AUX
cjal-3228	300	6	recently	recently	ADV
cjal-3228	300	7	made	make	VERB
cjal-3228	300	8	substantial	substantial	ADJ
cjal-3228	300	9	moves	move	NOUN
cjal-3228	300	10	toward	toward	ADP
cjal-3228	300	11	freeing	free	VERB
cjal-3228	300	12	capital	capital	NOUN
cjal-3228	300	13	account	account	NOUN
cjal-3228	300	14	controls	control	NOUN
cjal-3228	300	15	and	and	CCONJ
cjal-3228	300	16	has	have	AUX
cjal-3228	300	17	hinted	hint	VERB
cjal-3228	300	18	at	at	ADP
cjal-3228	300	19	possible	possible	ADJ
cjal-3228	300	20	adjustments	adjustment	NOUN
cjal-3228	300	21	to	to	ADP
cjal-3228	300	22	its	its	PRON
cjal-3228	300	23	current	current	ADJ
cjal-3228	300	24	exchange	exchange	NOUN
cjal-3228	300	25	rate	rate	NOUN
cjal-3228	300	26	policy	policy	NOUN
cjal-3228	300	27	.	.	PUNCT
cjal-3228	301	1	the	the	DET
cjal-3228	301	2	prospects	prospect	NOUN
cjal-3228	301	3	of	of	ADP
cjal-3228	301	4	further	further	ADJ
cjal-3228	301	5	liberalization	liberalization	NOUN
cjal-3228	301	6	of	of	ADP
cjal-3228	301	7	capital	capital	NOUN
cjal-3228	301	8	account	account	NOUN
cjal-3228	301	9	transactions	transaction	NOUN
cjal-3228	301	10	and	and	CCONJ
cjal-3228	301	11	relaxation	relaxation	NOUN
cjal-3228	301	12	of	of	ADP
cjal-3228	301	13	exchange	exchange	NOUN
cjal-3228	301	14	rate	rate	NOUN
cjal-3228	301	15	controls	control	NOUN
cjal-3228	301	16	are	be	AUX
cjal-3228	301	17	discussed	discuss	VERB
cjal-3228	301	18	in	in	ADP
cjal-3228	301	19	section	section	NOUN
cjal-3228	301	20	vi	vi	ADV
cjal-3228	301	21	below	below	ADV
cjal-3228	301	22	.	.	PUNCT
cjal-3228	302	1	iii	iii	X
cjal-3228	302	2	.	.	PUNCT
cjal-3228	303	1	institutional	institutional	ADJ
cjal-3228	303	2	and	and	CCONJ
cjal-3228	303	3	legal	legal	ADJ
cjal-3228	303	4	framework	framework	NOUN
cjal-3228	303	5	of	of	ADP
cjal-3228	303	6	china	china	PROPN
cjal-3228	303	7	's	's	PART
cjal-3228	303	8	foreign	foreign	ADJ
cjal-3228	303	9	exchange	exchange	NOUN
cjal-3228	303	10	system	system	NOUN
cjal-3228	303	11	a.	a.	NOUN
cjal-3228	303	12	the	the	DET
cjal-3228	303	13	institutional	institutional	ADJ
cjal-3228	303	14	framework	framework	NOUN
cjal-3228	303	15	three	three	NUM
cjal-3228	303	16	government	government	NOUN
cjal-3228	303	17	bodies	body	NOUN
cjal-3228	303	18	safe	safe	ADJ
cjal-3228	303	19	,	,	PUNCT
cjal-3228	303	20	the	the	DET
cjal-3228	303	21	people	people	NOUN
cjal-3228	303	22	's	's	PART
cjal-3228	303	23	bank	bank	PROPN
cjal-3228	303	24	of	of	ADP
cjal-3228	303	25	china	china	PROPN
cjal-3228	303	26	(	(	PUNCT
cjal-3228	303	27	pbc	pbc	PROPN
cjal-3228	303	28	)	)	PUNCT
cjal-3228	303	29	,	,	PUNCT
cjal-3228	303	30	8	8	NUM
cjal-3228	303	31	and	and	CCONJ
cjal-3228	303	32	the	the	DET
cjal-3228	303	33	state	state	NOUN
cjal-3228	303	34	council	council	PROPN
cjal-3228	303	35	play	play	VERB
cjal-3228	303	36	the	the	DET
cjal-3228	303	37	most	most	ADV
cjal-3228	303	38	prominent	prominent	ADJ
cjal-3228	303	39	roles	role	NOUN
cjal-3228	303	40	in	in	ADP
cjal-3228	303	41	the	the	DET
cjal-3228	303	42	design	design	NOUN
cjal-3228	303	43	and	and	CCONJ
cjal-3228	303	44	implementation	implementation	NOUN
cjal-3228	303	45	of	of	ADP
cjal-3228	303	46	china	china	PROPN
cjal-3228	303	47	's	's	PART
cjal-3228	303	48	foreign	foreign	ADJ
cjal-3228	303	49	exchange	exchange	NOUN
cjal-3228	303	50	regime	regime	NOUN
cjal-3228	303	51	.	.	PUNCT
cjal-3228	304	1	these	these	DET
cjal-3228	304	2	roles	role	NOUN
cjal-3228	304	3	can	can	AUX
cjal-3228	304	4	be	be	AUX
cjal-3228	304	5	divided	divide	VERB
cjal-3228	304	6	into	into	ADP
cjal-3228	304	7	:	:	SYM
cjal-3228	304	8	1	1	NUM
cjal-3228	304	9	)	)	PUNCT
cjal-3228	304	10	policymaking	policymaking	NOUN
cjal-3228	304	11	,	,	PUNCT
cjal-3228	304	12	2	2	X
cjal-3228	304	13	)	)	PUNCT
cjal-3228	304	14	lawmaking	lawmaking	NOUN
cjal-3228	304	15	(	(	PUNCT
cjal-3228	304	16	or	or	CCONJ
cjal-3228	304	17	regulatory	regulatory	ADJ
cjal-3228	304	18	role	role	NOUN
cjal-3228	304	19	)	)	PUNCT
cjal-3228	304	20	,	,	PUNCT
cjal-3228	304	21	and	and	CCONJ
cjal-3228	304	22	3	3	X
cjal-3228	304	23	)	)	PUNCT
cjal-3228	304	24	implementation	implementation	NOUN
cjal-3228	304	25	of	of	ADP
cjal-3228	304	26	laws	law	NOUN
cjal-3228	304	27	(	(	PUNCT
cjal-3228	304	28	or	or	CCONJ
cjal-3228	304	29	administrative	administrative	ADJ
cjal-3228	304	30	role	role	NOUN
cjal-3228	304	31	)	)	PUNCT
cjal-3228	304	32	.	.	PUNCT
cjal-3228	305	1	although	although	SCONJ
cjal-3228	305	2	the	the	DET
cjal-3228	305	3	precise	precise	ADJ
cjal-3228	305	4	division	division	NOUN
cjal-3228	305	5	of	of	ADP
cjal-3228	305	6	responsibilities	responsibility	NOUN
cjal-3228	305	7	between	between	ADP
cjal-3228	305	8	the	the	DET
cjal-3228	305	9	three	three	NUM
cjal-3228	305	10	government	government	NOUN
cjal-3228	305	11	bodies	body	NOUN
cjal-3228	305	12	is	be	AUX
cjal-3228	305	13	often	often	ADV
cjal-3228	305	14	blurred	blur	VERB
cjal-3228	305	15	,	,	PUNCT
cjal-3228	305	16	a	a	DET
cjal-3228	305	17	broad	broad	ADJ
cjal-3228	305	18	division	division	NOUN
cjal-3228	305	19	of	of	ADP
cjal-3228	305	20	responsibilities	responsibility	NOUN
cjal-3228	305	21	and	and	CCONJ
cjal-3228	305	22	hierarchical	hierarchical	ADJ
cjal-3228	305	23	relationship	relationship	NOUN
cjal-3228	305	24	has	have	AUX
cjal-3228	305	25	developed	develop	VERB
cjal-3228	305	26	since	since	SCONJ
cjal-3228	305	27	the	the	DET
cjal-3228	305	28	inception	inception	NOUN
cjal-3228	305	29	of	of	ADP
cjal-3228	305	30	safe	safe	ADJ
cjal-3228	305	31	in	in	ADP
cjal-3228	305	32	1979	1979	NUM
cjal-3228	305	33	.	.	PUNCT
cjal-3228	306	1	generally	generally	ADV
cjal-3228	306	2	speaking	speak	VERB
cjal-3228	306	3	,	,	PUNCT
cjal-3228	306	4	the	the	DET
cjal-3228	306	5	pbc	pbc	PROPN
cjal-3228	306	6	,	,	PUNCT
cjal-3228	306	7	in	in	ADP
cjal-3228	306	8	close	close	ADJ
cjal-3228	306	9	consultation	consultation	NOUN
cjal-3228	306	10	with	with	ADP
cjal-3228	306	11	safe	safe	ADJ
cjal-3228	306	12	,	,	PUNCT
cjal-3228	306	13	the	the	DET
cjal-3228	306	14	state	state	NOUN
cjal-3228	306	15	council	council	NOUN
cjal-3228	306	16	,	,	PUNCT
cjal-3228	306	17	and	and	CCONJ
cjal-3228	306	18	other	other	ADJ
cjal-3228	306	19	government	government	NOUN
cjal-3228	306	20	agencies	agency	NOUN
cjal-3228	306	21	,	,	PUNCT
cjal-3228	306	22	is	be	AUX
cjal-3228	306	23	in	in	ADP
cjal-3228	306	24	charge	charge	NOUN
cjal-3228	306	25	of	of	ADP
cjal-3228	306	26	formulating	formulate	VERB
cjal-3228	306	27	overall	overall	ADJ
cjal-3228	306	28	foreign	foreign	ADJ
cjal-3228	306	29	exchange	exchange	NOUN
cjal-3228	306	30	and	and	CCONJ
cjal-3228	306	31	exchange	exchange	NOUN
cjal-3228	306	32	rate	rate	NOUN
cjal-3228	306	33	policy	policy	NOUN
cjal-3228	306	34	,	,	PUNCT
cjal-3228	306	35	while	while	SCONJ
cjal-3228	306	36	safe	safe	ADJ
cjal-3228	306	37	is	be	AUX
cjal-3228	306	38	the	the	DET
cjal-3228	306	39	most	most	ADV
cjal-3228	306	40	important	important	ADJ
cjal-3228	306	41	regulatory	regulatory	ADJ
cjal-3228	306	42	and	and	CCONJ
cjal-3228	306	43	administrative	administrative	ADJ
cjal-3228	306	44	body	body	NOUN
cjal-3228	306	45	.	.	PUNCT
cjal-3228	307	1	the	the	DET
cjal-3228	307	2	hierarchical	hierarchical	ADJ
cjal-3228	307	3	relationship	relationship	NOUN
cjal-3228	307	4	between	between	ADP
cjal-3228	307	5	safe	safe	ADJ
cjal-3228	307	6	,	,	PUNCT
cjal-3228	307	7	the	the	DET
cjal-3228	307	8	pbc	pbc	PROPN
cjal-3228	307	9	,	,	PUNCT
cjal-3228	307	10	and	and	CCONJ
cjal-3228	307	11	the	the	DET
cjal-3228	307	12	state	state	NOUN
cjal-3228	307	13	council	council	PROPN
cjal-3228	307	14	has	have	AUX
cjal-3228	307	15	shifted	shift	VERB
cjal-3228	307	16	repeatedly	repeatedly	ADV
cjal-3228	307	17	since	since	SCONJ
cjal-3228	307	18	safe	safe	ADJ
cjal-3228	307	19	's	's	PART
cjal-3228	307	20	inception	inception	NOUN
cjal-3228	307	21	.	.	PUNCT
cjal-3228	308	1	9	9	NUM
cjal-3228	308	2	under	under	ADP
cjal-3228	308	3	the	the	DET
cjal-3228	308	4	current	current	ADJ
cjal-3228	308	5	organization	organization	NOUN
cjal-3228	308	6	structure	structure	NOUN
cjal-3228	308	7	,	,	PUNCT
cjal-3228	308	8	established	establish	VERB
cjal-3228	308	9	in	in	ADP
cjal-3228	308	10	1998	1998	NUM
cjal-3228	308	11	,	,	PUNCT
cjal-3228	308	12	the	the	DET
cjal-3228	308	13	state	state	NOUN
cjal-3228	308	14	council	council	PROPN
cjal-3228	308	15	has	have	AUX
cjal-3228	308	16	delegated	delegate	VERB
cjal-3228	308	17	responsibility	responsibility	NOUN
cjal-3228	308	18	for	for	ADP
cjal-3228	308	19	the	the	DET
cjal-3228	308	20	direct	direct	ADJ
cjal-3228	308	21	supervision	supervision	NOUN
cjal-3228	308	22	of	of	ADP
cjal-3228	308	23	safe	safe	ADJ
cjal-3228	308	24	to	to	ADP
cjal-3228	308	25	the	the	DET
cjal-3228	308	26	pbc	pbc	PROPN
cjal-3228	308	27	,	,	PUNCT
cjal-3228	308	28	thus	thus	ADV
cjal-3228	308	29	making	make	VERB
cjal-3228	308	30	safe	safe	ADJ
cjal-3228	308	31	a	a	DET
cjal-3228	308	32	de	de	X
cjal-3228	308	33	facto	facto	X
cjal-3228	308	34	division	division	NOUN
cjal-3228	308	35	of	of	ADP
cjal-3228	308	36	the	the	DET
cjal-3228	308	37	pbc.6	pbc.6	PROPN
cjal-3228	308	38	as	as	SCONJ
cjal-3228	308	39	the	the	DET
cjal-3228	308	40	pbc	pbc	PROPN
cjal-3228	308	41	is	be	AUX
cjal-3228	308	42	itself	itself	PRON
cjal-3228	308	43	a	a	DET
cjal-3228	308	44	ministry	ministry	NOUN
cjal-3228	308	45	directly	directly	ADV
cjal-3228	308	46	under	under	ADP
cjal-3228	308	47	the	the	DET
cjal-3228	308	48	state	state	NOUN
cjal-3228	308	49	council	council	NOUN
cjal-3228	308	50	,	,	PUNCT
cjal-3228	308	51	there	there	PRON
cjal-3228	308	52	is	be	VERB
cjal-3228	308	53	a	a	DET
cjal-3228	308	54	clear	clear	ADJ
cjal-3228	308	55	hierarchical	hierarchical	ADJ
cjal-3228	308	56	relationship	relationship	NOUN
cjal-3228	308	57	in	in	ADP
cjal-3228	308	58	descending	descend	VERB
cjal-3228	308	59	order	order	NOUN
cjal-3228	308	60	from	from	ADP
cjal-3228	308	61	the	the	DET
cjal-3228	308	62	state	state	NOUN
cjal-3228	308	63	council	council	PROPN
cjal-3228	308	64	to	to	ADP
cjal-3228	308	65	the	the	DET
cjal-3228	308	66	pbc	pbc	PROPN
cjal-3228	308	67	to	to	ADP
cjal-3228	308	68	safe	safe	ADJ
cjal-3228	308	69	.	.	PUNCT
cjal-3228	309	1	58	58	NUM
cjal-3228	310	1	the	the	DET
cjal-3228	310	2	people	people	NOUN
cjal-3228	310	3	's	's	PART
cjal-3228	310	4	bank	bank	PROPN
cjal-3228	310	5	of	of	ADP
cjal-3228	310	6	china	china	PROPN
cjal-3228	310	7	is	be	AUX
cjal-3228	310	8	often	often	ADV
cjal-3228	310	9	referred	refer	VERB
cjal-3228	310	10	to	to	ADP
cjal-3228	310	11	in	in	ADP
cjal-3228	310	12	english	english	PROPN
cjal-3228	310	13	as	as	ADP
cjal-3228	310	14	the	the	DET
cjal-3228	310	15	pboc	pboc	NOUN
cjal-3228	310	16	or	or	CCONJ
cjal-3228	310	17	pboc	pboc	NOUN
cjal-3228	310	18	.	.	PUNCT
cjal-3228	311	1	however	however	ADV
cjal-3228	311	2	,	,	PUNCT
cjal-3228	311	3	this	this	DET
cjal-3228	311	4	paper	paper	NOUN
cjal-3228	311	5	will	will	AUX
cjal-3228	311	6	use	use	VERB
cjal-3228	311	7	the	the	DET
cjal-3228	311	8	acronym	acronym	PROPN
cjal-3228	311	9	pbc	pbc	PROPN
cjal-3228	311	10	,	,	PUNCT
cjal-3228	311	11	which	which	PRON
cjal-3228	311	12	the	the	DET
cjal-3228	311	13	people	people	NOUN
cjal-3228	311	14	's	's	PART
cjal-3228	311	15	bank	bank	NOUN
cjal-3228	311	16	uses	use	VERB
cjal-3228	311	17	to	to	PART
cjal-3228	311	18	refer	refer	VERB
cjal-3228	311	19	to	to	ADP
cjal-3228	311	20	itself	itself	PRON
cjal-3228	311	21	on	on	ADP
cjal-3228	311	22	its	its	PRON
cjal-3228	311	23	website	website	NOUN
cjal-3228	311	24	,	,	PUNCT
cjal-3228	311	25	www.pbc.gov.cn	www.pbc.gov.cn	PROPN
cjal-3228	311	26	.	.	PUNCT
cjal-3228	312	1	59from	59from	NUM
cjal-3228	312	2	1982	1982	NUM
cjal-3228	312	3	to	to	ADP
cjal-3228	312	4	1988	1988	NUM
cjal-3228	312	5	safe	safe	ADJ
cjal-3228	312	6	was	be	AUX
cjal-3228	312	7	designated	designate	VERB
cjal-3228	312	8	a	a	DET
cjal-3228	312	9	bureau	bureau	NOUN
cjal-3228	312	10	under	under	ADP
cjal-3228	312	11	the	the	DET
cjal-3228	312	12	pbc	pbc	PROPN
cjal-3228	312	13	.	.	PUNCT
cjal-3228	313	1	in	in	ADP
cjal-3228	313	2	june	june	PROPN
cjal-3228	313	3	1988	1988	NUM
cjal-3228	313	4	,	,	PUNCT
cjal-3228	313	5	safe	safe	ADJ
cjal-3228	313	6	was	be	AUX
cjal-3228	313	7	placed	place	VERB
cjal-3228	313	8	under	under	ADP
cjal-3228	313	9	the	the	DET
cjal-3228	313	10	direct	direct	ADJ
cjal-3228	313	11	supervision	supervision	NOUN
cjal-3228	313	12	of	of	ADP
cjal-3228	313	13	the	the	DET
cjal-3228	313	14	state	state	NOUN
cjal-3228	313	15	council	council	PROPN
cjal-3228	313	16	and	and	CCONJ
cjal-3228	313	17	raised	raise	VERB
cjal-3228	313	18	to	to	ADP
cjal-3228	313	19	the	the	DET
cjal-3228	313	20	ministerial	ministerial	ADJ
cjal-3228	313	21	level	level	NOUN
cjal-3228	313	22	the	the	DET
cjal-3228	313	23	next	next	ADJ
cjal-3228	313	24	year	year	NOUN
cjal-3228	313	25	.	.	PUNCT
cjal-3228	314	1	after	after	ADP
cjal-3228	314	2	being	be	AUX
cjal-3228	314	3	merged	merge	VERB
cjal-3228	314	4	into	into	ADP
cjal-3228	314	5	the	the	DET
cjal-3228	314	6	pbc	pbc	PROPN
cjal-3228	314	7	in	in	ADP
cjal-3228	314	8	1992	1992	NUM
cjal-3228	314	9	,	,	PUNCT
cjal-3228	314	10	safe	safe	ADJ
cjal-3228	314	11	was	be	AUX
cjal-3228	314	12	again	again	ADV
cjal-3228	314	13	established	establish	VERB
cjal-3228	314	14	as	as	ADP
cjal-3228	314	15	a	a	DET
cjal-3228	314	16	separate	separate	ADJ
cjal-3228	314	17	state	state	NOUN
cjal-3228	314	18	bureau	bureau	NOUN
cjal-3228	314	19	during	during	ADP
cjal-3228	314	20	the	the	DET
cjal-3228	314	21	governmental	governmental	ADJ
cjal-3228	314	22	reorganization	reorganization	NOUN
cjal-3228	314	23	of	of	ADP
cjal-3228	314	24	1998	1998	NUM
cjal-3228	314	25	.	.	PUNCT
cjal-3228	315	1	in	in	ADP
cjal-3228	315	2	that	that	DET
cjal-3228	315	3	same	same	ADJ
cjal-3228	315	4	year	year	NOUN
cjal-3228	315	5	,	,	PUNCT
cjal-3228	315	6	however	however	ADV
cjal-3228	315	7	,	,	PUNCT
cjal-3228	315	8	the	the	DET
cjal-3228	315	9	state	state	PROPN
cjal-3228	315	10	council	council	PROPN
cjal-3228	315	11	delegated	delegate	VERB
cjal-3228	315	12	responsibility	responsibility	NOUN
cjal-3228	315	13	over	over	ADP
cjal-3228	315	14	safe	safe	ADJ
cjal-3228	315	15	to	to	ADP
cjal-3228	315	16	the	the	DET
cjal-3228	315	17	pbc	pbc	PROPN
cjal-3228	315	18	.	.	PUNCT
cjal-3228	316	1	thomas	thomas	PROPN
cjal-3228	316	2	jones	jones	PROPN
cjal-3228	316	3	,	,	PUNCT
cjal-3228	316	4	foreign	foreign	ADJ
cjal-3228	316	5	exchange	exchange	NOUN
cjal-3228	316	6	control	control	NOUN
cjal-3228	316	7	,	,	PUNCT
cjal-3228	316	8	in	in	ADP
cjal-3228	316	9	doing	do	VERB
cjal-3228	316	10	business	business	NOUN
cjal-3228	316	11	in	in	ADP
cjal-3228	316	12	china	china	PROPN
cjal-3228	316	13	2.4	2.4	NUM
cjal-3228	316	14	(	(	PUNCT
cjal-3228	316	15	freshfields	freshfield	VERB
cjal-3228	316	16	eds	ed	NOUN
cjal-3228	316	17	.	.	PROPN
cjal-3228	316	18	2003	2003	NUM
cjal-3228	316	19	)	)	PUNCT
cjal-3228	316	20	.	.	PUNCT
cjal-3228	317	1	60	60	NUM
cjal-3228	317	2	symbolic	symbolic	ADJ
cjal-3228	317	3	of	of	ADP
cjal-3228	317	4	this	this	DET
cjal-3228	317	5	relationship	relationship	NOUN
cjal-3228	317	6	between	between	ADP
cjal-3228	317	7	safe	safe	ADJ
cjal-3228	317	8	and	and	CCONJ
cjal-3228	317	9	the	the	DET
cjal-3228	317	10	pbc	pbc	PROPN
cjal-3228	317	11	,	,	PUNCT
cjal-3228	317	12	the	the	DET
cjal-3228	317	13	director	director	NOUN
cjal-3228	317	14	general	general	ADJ
cjal-3228	317	15	of	of	ADP
cjal-3228	317	16	safe	safe	ADJ
cjal-3228	317	17	has	have	AUX
cjal-3228	317	18	concurrently	concurrently	ADV
cjal-3228	317	19	held	hold	VERB
cjal-3228	317	20	the	the	DET
cjal-3228	317	21	position	position	NOUN
cjal-3228	317	22	of	of	ADP
cjal-3228	317	23	deputy	deputy	NOUN
cjal-3228	317	24	governor	governor	NOUN
cjal-3228	317	25	of	of	ADP
cjal-3228	317	26	the	the	DET
cjal-3228	317	27	pbc	pbc	PROPN
cjal-3228	317	28	since	since	SCONJ
cjal-3228	317	29	may	may	PROPN
cjal-3228	317	30	2000	2000	NUM
cjal-3228	317	31	.	.	PUNCT
cjal-3228	318	1	[	[	X
cjal-3228	318	2	17:2	17:2	NUM
cjal-3228	318	3	china	china	PROPN
cjal-3228	318	4	's	's	PART
cjal-3228	318	5	system	system	NOUN
cjal-3228	318	6	of	of	ADP
cjal-3228	318	7	foreign	foreign	ADJ
cjal-3228	318	8	exchange	exchange	NOUN
cjal-3228	318	9	by	by	ADP
cjal-3228	318	10	placing	place	VERB
cjal-3228	318	11	safe	safe	ADJ
cjal-3228	318	12	under	under	ADP
cjal-3228	318	13	the	the	DET
cjal-3228	318	14	purview	purview	NOUN
cjal-3228	318	15	of	of	ADP
cjal-3228	318	16	the	the	DET
cjal-3228	318	17	central	central	ADJ
cjal-3228	318	18	bank	bank	NOUN
cjal-3228	318	19	,	,	PUNCT
cjal-3228	318	20	it	it	PRON
cjal-3228	318	21	appears	appear	VERB
cjal-3228	318	22	the	the	DET
cjal-3228	318	23	state	state	PROPN
cjal-3228	318	24	council	council	PROPN
cjal-3228	318	25	has	have	AUX
cjal-3228	318	26	largely	largely	ADV
cjal-3228	318	27	obviated	obviate	VERB
cjal-3228	318	28	the	the	DET
cjal-3228	318	29	possibility	possibility	NOUN
cjal-3228	318	30	of	of	ADP
cjal-3228	318	31	turf	turf	NOUN
cjal-3228	318	32	fighting	fighting	NOUN
cjal-3228	318	33	between	between	ADP
cjal-3228	318	34	the	the	DET
cjal-3228	318	35	two	two	NUM
cjal-3228	318	36	agencies	agency	NOUN
cjal-3228	318	37	,	,	PUNCT
cjal-3228	318	38	a	a	DET
cjal-3228	318	39	phenomenon	phenomenon	NOUN
cjal-3228	318	40	which	which	PRON
cjal-3228	318	41	appeared	appear	VERB
cjal-3228	318	42	to	to	PART
cjal-3228	318	43	be	be	AUX
cjal-3228	318	44	more	more	ADV
cjal-3228	318	45	prevalent	prevalent	ADJ
cjal-3228	318	46	before	before	ADP
cjal-3228	318	47	the	the	DET
cjal-3228	318	48	1998	1998	NUM
cjal-3228	318	49	reorganization	reorganization	NOUN
cjal-3228	318	50	.	.	PUNCT
cjal-3228	318	51	"	"	PUNCT
cjal-3228	319	1	as	as	ADP
cjal-3228	319	2	a	a	DET
cjal-3228	319	3	result	result	NOUN
cjal-3228	319	4	,	,	PUNCT
cjal-3228	319	5	though	though	SCONJ
cjal-3228	319	6	some	some	DET
cjal-3228	319	7	confusion	confusion	NOUN
cjal-3228	319	8	still	still	ADV
cjal-3228	319	9	remains	remain	VERB
cjal-3228	319	10	concerning	concern	VERB
cjal-3228	319	11	the	the	DET
cjal-3228	319	12	relative	relative	ADJ
cjal-3228	319	13	responsibilities	responsibility	NOUN
cjal-3228	319	14	and	and	CCONJ
cjal-3228	319	15	decision	decision	NOUN
cjal-3228	319	16	-	-	PUNCT
cjal-3228	319	17	making	make	VERB
cjal-3228	319	18	authority	authority	NOUN
cjal-3228	319	19	of	of	ADP
cjal-3228	319	20	safe	safe	ADJ
cjal-3228	319	21	and	and	CCONJ
cjal-3228	319	22	the	the	DET
cjal-3228	319	23	pbc,62	pbc,62	ADV
cjal-3228	319	24	safe	safe	ADJ
cjal-3228	319	25	is	be	AUX
cjal-3228	319	26	now	now	ADV
cjal-3228	319	27	the	the	DET
cjal-3228	319	28	promulgating	promulgate	VERB
cjal-3228	319	29	body	body	NOUN
cjal-3228	319	30	for	for	ADP
cjal-3228	319	31	the	the	DET
cjal-3228	319	32	great	great	ADJ
cjal-3228	319	33	majority	majority	NOUN
cjal-3228	319	34	of	of	ADP
cjal-3228	319	35	newly	newly	ADV
cjal-3228	319	36	issued	issue	VERB
cjal-3228	319	37	foreign	foreign	ADJ
cjal-3228	319	38	exchange	exchange	NOUN
cjal-3228	319	39	regulations	regulation	NOUN
cjal-3228	319	40	as	as	ADV
cjal-3228	319	41	well	well	ADV
cjal-3228	319	42	as	as	ADP
cjal-3228	319	43	being	be	AUX
cjal-3228	319	44	the	the	DET
cjal-3228	319	45	most	most	ADV
cjal-3228	319	46	important	important	ADJ
cjal-3228	319	47	administrative	administrative	ADJ
cjal-3228	319	48	agency	agency	NOUN
cjal-3228	319	49	in	in	ADP
cjal-3228	319	50	china	china	PROPN
cjal-3228	319	51	's	's	PART
cjal-3228	319	52	foreign	foreign	ADJ
cjal-3228	319	53	exchange	exchange	NOUN
cjal-3228	319	54	system	system	NOUN
cjal-3228	319	55	.	.	PUNCT
cjal-3228	320	1	i.	i.	PROPN
cjal-3228	320	2	policymaking	policymake	VERB
cjal-3228	320	3	overall	overall	ADJ
cjal-3228	320	4	foreign	foreign	ADJ
cjal-3228	320	5	exchange	exchange	NOUN
cjal-3228	320	6	and	and	CCONJ
cjal-3228	320	7	exchange	exchange	NOUN
cjal-3228	320	8	rate	rate	NOUN
cjal-3228	320	9	policy	policy	NOUN
cjal-3228	320	10	is	be	AUX
cjal-3228	320	11	formulated	formulate	VERB
cjal-3228	320	12	primarily	primarily	ADV
cjal-3228	320	13	by	by	ADP
cjal-3228	320	14	the	the	DET
cjal-3228	320	15	pbc	pbc	PROPN
cjal-3228	320	16	.	.	PUNCT
cjal-3228	321	1	safe	safe	PROPN
cjal-3228	321	2	contributes	contribute	VERB
cjal-3228	321	3	to	to	ADP
cjal-3228	321	4	overall	overall	ADJ
cjal-3228	321	5	policymaking	policymaking	NOUN
cjal-3228	321	6	principally	principally	ADV
cjal-3228	321	7	by	by	ADP
cjal-3228	321	8	conducting	conduct	VERB
cjal-3228	321	9	research	research	NOUN
cjal-3228	321	10	and	and	CCONJ
cjal-3228	321	11	making	make	VERB
cjal-3228	321	12	suggestions	suggestion	NOUN
cjal-3228	321	13	on	on	ADP
cjal-3228	321	14	forex	forex	ADJ
cjal-3228	321	15	policy	policy	NOUN
cjal-3228	321	16	to	to	ADP
cjal-3228	321	17	the	the	DET
cjal-3228	321	18	pbc	pbc	PROPN
cjal-3228	321	19	.	.	PUNCT
cjal-3228	322	1	in	in	ADP
cjal-3228	322	2	addition	addition	NOUN
cjal-3228	322	3	,	,	PUNCT
cjal-3228	322	4	it	it	PRON
cjal-3228	322	5	appears	appear	VERB
cjal-3228	322	6	that	that	SCONJ
cjal-3228	322	7	safe	safe	ADJ
cjal-3228	322	8	has	have	VERB
cjal-3228	322	9	significant	significant	ADJ
cjal-3228	322	10	leeway	leeway	NOUN
cjal-3228	322	11	in	in	ADP
cjal-3228	322	12	interpreting	interpret	VERB
cjal-3228	322	13	and	and	CCONJ
cjal-3228	322	14	executing	execute	VERB
cjal-3228	322	15	policies	policy	NOUN
cjal-3228	322	16	approved	approve	VERB
cjal-3228	322	17	by	by	ADP
cjal-3228	322	18	the	the	DET
cjal-3228	322	19	pbc	pbc	PROPN
cjal-3228	322	20	.	.	PUNCT
cjal-3228	323	1	the	the	DET
cjal-3228	323	2	role	role	NOUN
cjal-3228	323	3	of	of	ADP
cjal-3228	323	4	the	the	DET
cjal-3228	323	5	state	state	NOUN
cjal-3228	323	6	council	council	PROPN
cjal-3228	323	7	in	in	ADP
cjal-3228	323	8	designing	design	VERB
cjal-3228	323	9	forex	forex	ADJ
cjal-3228	323	10	policy	policy	NOUN
cjal-3228	323	11	is	be	AUX
cjal-3228	323	12	less	less	ADV
cjal-3228	323	13	clear	clear	ADJ
cjal-3228	323	14	,	,	PUNCT
cjal-3228	323	15	however	however	ADV
cjal-3228	323	16	any	any	DET
cjal-3228	323	17	substantial	substantial	ADJ
cjal-3228	323	18	change	change	NOUN
cjal-3228	323	19	in	in	ADP
cjal-3228	323	20	policy	policy	NOUN
cjal-3228	323	21	will	will	AUX
cjal-3228	323	22	likely	likely	ADV
cjal-3228	323	23	require	require	VERB
cjal-3228	323	24	consultation	consultation	NOUN
cjal-3228	323	25	with	with	ADP
cjal-3228	323	26	and	and	CCONJ
cjal-3228	323	27	approval	approval	NOUN
cjal-3228	323	28	by	by	ADP
cjal-3228	323	29	the	the	DET
cjal-3228	323	30	state	state	NOUN
cjal-3228	323	31	council	council	PROPN
cjal-3228	323	32	.	.	PUNCT
cjal-3228	324	1	in	in	ADP
cjal-3228	324	2	reality	reality	NOUN
cjal-3228	324	3	,	,	PUNCT
cjal-3228	324	4	due	due	ADP
cjal-3228	324	5	to	to	ADP
cjal-3228	324	6	the	the	DET
cjal-3228	324	7	complexity	complexity	NOUN
cjal-3228	324	8	and	and	CCONJ
cjal-3228	324	9	importance	importance	NOUN
cjal-3228	324	10	of	of	ADP
cjal-3228	324	11	foreign	foreign	ADJ
cjal-3228	324	12	exchange	exchange	NOUN
cjal-3228	324	13	policy	policy	NOUN
cjal-3228	324	14	and	and	CCONJ
cjal-3228	324	15	its	its	PRON
cjal-3228	324	16	interrelationship	interrelationship	NOUN
cjal-3228	324	17	with	with	ADP
cjal-3228	324	18	other	other	ADJ
cjal-3228	324	19	governmental	governmental	ADJ
cjal-3228	324	20	policies	policy	NOUN
cjal-3228	324	21	,	,	PUNCT
cjal-3228	324	22	major	major	ADJ
cjal-3228	324	23	policy	policy	NOUN
cjal-3228	324	24	decisions	decision	NOUN
cjal-3228	324	25	are	be	AUX
cjal-3228	324	26	generally	generally	ADV
cjal-3228	324	27	the	the	DET
cjal-3228	324	28	result	result	NOUN
cjal-3228	324	29	of	of	ADP
cjal-3228	324	30	a	a	DET
cjal-3228	324	31	dialogue	dialogue	NOUN
cjal-3228	324	32	between	between	ADP
cjal-3228	324	33	several	several	ADJ
cjal-3228	324	34	government	government	NOUN
cjal-3228	324	35	bodies	body	NOUN
cjal-3228	324	36	.	.	PUNCT
cjal-3228	325	1	one	one	NUM
cjal-3228	325	2	example	example	NOUN
cjal-3228	325	3	of	of	ADP
cjal-3228	325	4	this	this	DET
cjal-3228	325	5	interdepartmental	interdepartmental	ADJ
cjal-3228	325	6	cooperation	cooperation	NOUN
cjal-3228	325	7	is	be	AUX
cjal-3228	325	8	the	the	DET
cjal-3228	325	9	pbc	pbc	PROPN
cjal-3228	325	10	's	's	PART
cjal-3228	325	11	monetary	monetary	ADJ
cjal-3228	325	12	policy	policy	NOUN
cjal-3228	325	13	committee	committee	NOUN
cjal-3228	325	14	,	,	PUNCT
cjal-3228	325	15	which	which	PRON
cjal-3228	325	16	advises	advise	VERB
cjal-3228	325	17	the	the	DET
cjal-3228	325	18	pbc	pbc	PROPN
cjal-3228	325	19	on	on	ADP
cjal-3228	325	20	a	a	DET
cjal-3228	325	21	wide	wide	ADJ
cjal-3228	325	22	range	range	NOUN
cjal-3228	325	23	of	of	ADP
cjal-3228	325	24	policy	policy	NOUN
cjal-3228	325	25	issues	issue	NOUN
cjal-3228	325	26	,	,	PUNCT
cjal-3228	325	27	including	include	VERB
cjal-3228	325	28	interest	interest	NOUN
cjal-3228	325	29	rate	rate	NOUN
cjal-3228	325	30	and	and	CCONJ
cjal-3228	325	31	foreign	foreign	ADJ
cjal-3228	325	32	exchange	exchange	NOUN
cjal-3228	325	33	policies	policy	NOUN
cjal-3228	325	34	.	.	PUNCT
cjal-3228	326	1	the	the	DET
cjal-3228	326	2	monetary	monetary	ADJ
cjal-3228	326	3	policy	policy	NOUN
cjal-3228	326	4	committee	committee	NOUN
cjal-3228	326	5	is	be	AUX
cjal-3228	326	6	composed	compose	VERB
cjal-3228	326	7	of	of	ADP
cjal-3228	326	8	members	member	NOUN
cjal-3228	326	9	of	of	ADP
cjal-3228	326	10	multiple	multiple	ADJ
cjal-3228	326	11	government	government	NOUN
cjal-3228	326	12	departments	department	NOUN
cjal-3228	326	13	,	,	PUNCT
cjal-3228	326	14	including	include	VERB
cjal-3228	326	15	the	the	DET
cjal-3228	326	16	state	state	NOUN
cjal-3228	326	17	council	council	NOUN
cjal-3228	326	18	,	,	PUNCT
cjal-3228	326	19	safe	safe	ADJ
cjal-3228	326	20	,	,	PUNCT
cjal-3228	326	21	the	the	DET
cjal-3228	326	22	state	state	NOUN
cjal-3228	326	23	development	development	PROPN
cjal-3228	326	24	and	and	CCONJ
cjal-3228	326	25	reform	reform	NOUN
cjal-3228	326	26	commission	commission	PROPN
cjal-3228	326	27	,	,	PUNCT
cjal-3228	326	28	and	and	CCONJ
cjal-3228	326	29	the	the	DET
cjal-3228	326	30	ministry	ministry	PROPN
cjal-3228	326	31	of	of	ADP
cjal-3228	326	32	finance	finance	PROPN
cjal-3228	326	33	,	,	PUNCT
cjal-3228	326	34	as	as	ADV
cjal-3228	326	35	well	well	ADV
cjal-3228	326	36	as	as	ADP
cjal-3228	326	37	experts	expert	NOUN
cjal-3228	326	38	from	from	ADP
cjal-3228	326	39	outside	outside	ADP
cjal-3228	326	40	of	of	ADP
cjal-3228	326	41	the	the	DET
cjal-3228	326	42	government.63	government.63	PROPN
cjal-3228	326	43	61	61	NUM
cjal-3228	326	44	prior	prior	ADV
cjal-3228	326	45	to	to	ADP
cjal-3228	326	46	1998	1998	NUM
cjal-3228	326	47	,	,	PUNCT
cjal-3228	326	48	it	it	PRON
cjal-3228	326	49	was	be	AUX
cjal-3228	326	50	more	more	ADV
cjal-3228	326	51	common	common	ADJ
cjal-3228	326	52	to	to	PART
cjal-3228	326	53	see	see	VERB
cjal-3228	326	54	regulations	regulation	NOUN
cjal-3228	326	55	dealing	deal	VERB
cjal-3228	326	56	purely	purely	ADV
cjal-3228	326	57	with	with	ADP
cjal-3228	326	58	foreign	foreign	ADJ
cjal-3228	326	59	exchange	exchange	NOUN
cjal-3228	326	60	regulation	regulation	NOUN
cjal-3228	326	61	issued	issue	VERB
cjal-3228	326	62	by	by	ADP
cjal-3228	326	63	the	the	DET
cjal-3228	326	64	pbc	pbc	PROPN
cjal-3228	326	65	.	.	PUNCT
cjal-3228	327	1	during	during	ADP
cjal-3228	327	2	this	this	DET
cjal-3228	327	3	period	period	NOUN
cjal-3228	327	4	,	,	PUNCT
cjal-3228	327	5	several	several	ADJ
cjal-3228	327	6	major	major	ADJ
cjal-3228	327	7	regulations	regulation	NOUN
cjal-3228	327	8	which	which	PRON
cjal-3228	327	9	under	under	ADP
cjal-3228	327	10	the	the	DET
cjal-3228	327	11	current	current	ADJ
cjal-3228	327	12	system	system	NOUN
cjal-3228	327	13	would	would	AUX
cjal-3228	327	14	most	most	ADV
cjal-3228	327	15	likely	likely	ADV
cjal-3228	327	16	be	be	AUX
cjal-3228	327	17	promulgated	promulgate	VERB
cjal-3228	327	18	by	by	ADP
cjal-3228	327	19	safe	safe	ADJ
cjal-3228	327	20	were	be	AUX
cjal-3228	327	21	issued	issue	VERB
cjal-3228	327	22	by	by	ADP
cjal-3228	327	23	the	the	DET
cjal-3228	327	24	pbc	pbc	PROPN
cjal-3228	327	25	,	,	PUNCT
cjal-3228	327	26	including	include	VERB
cjal-3228	327	27	the	the	DET
cjal-3228	327	28	important	important	ADJ
cjal-3228	327	29	jiehui	jiehui	NOUN
cjal-3228	327	30	,	,	PUNCT
cjal-3228	327	31	shouhui	shouhui	PROPN
cjal-3228	327	32	,	,	PUNCT
cjal-3228	327	33	fuhui	fuhui	NOUN
cjal-3228	327	34	guanli	guanli	PROPN
cjal-3228	327	35	guiding	guiding	PROPN
cjal-3228	327	36	[	[	X
cjal-3228	327	37	administrative	administrative	ADJ
cjal-3228	327	38	provisions	provision	NOUN
cjal-3228	327	39	on	on	ADP
cjal-3228	327	40	the	the	DET
cjal-3228	327	41	settlement	settlement	NOUN
cjal-3228	327	42	,	,	PUNCT
cjal-3228	327	43	sale	sale	NOUN
cjal-3228	327	44	,	,	PUNCT
cjal-3228	327	45	and	and	CCONJ
cjal-3228	327	46	payment	payment	NOUN
cjal-3228	327	47	of	of	ADP
cjal-3228	327	48	foreign	foreign	ADJ
cjal-3228	327	49	exchange	exchange	NOUN
cjal-3228	327	50	]	]	PUNCT
cjal-3228	327	51	(	(	PUNCT
cjal-3228	327	52	forex	forex	ADJ
cjal-3228	327	53	settlement	settlement	NOUN
cjal-3228	327	54	provisions	provision	NOUN
cjal-3228	327	55	)	)	PUNCT
cjal-3228	327	56	,	,	PUNCT
cjal-3228	327	57	promulgated	promulgate	VERB
cjal-3228	327	58	by	by	ADP
cjal-3228	327	59	the	the	DET
cjal-3228	327	60	pbc	pbc	PROPN
cjal-3228	327	61	on	on	ADP
cjal-3228	327	62	june	june	PROPN
cjal-3228	327	63	20	20	NUM
cjal-3228	327	64	,	,	PUNCT
cjal-3228	327	65	1996	1996	NUM
cjal-3228	327	66	and	and	CCONJ
cjal-3228	327	67	effective	effective	ADJ
cjal-3228	327	68	as	as	ADP
cjal-3228	327	69	of	of	ADP
cjal-3228	327	70	july	july	PROPN
cjal-3228	327	71	1	1	NUM
cjal-3228	327	72	,	,	PUNCT
cjal-3228	327	73	1996	1996	NUM
cjal-3228	327	74	.	.	PUNCT
cjal-3228	328	1	62	62	NUM
cjal-3228	328	2	for	for	ADP
cjal-3228	328	3	instance	instance	NOUN
cjal-3228	328	4	,	,	PUNCT
cjal-3228	328	5	certain	certain	ADJ
cjal-3228	328	6	responsibilities	responsibility	NOUN
cjal-3228	328	7	have	have	AUX
cjal-3228	328	8	been	be	AUX
cjal-3228	328	9	explicitly	explicitly	ADV
cjal-3228	328	10	given	give	VERB
cjal-3228	328	11	to	to	ADP
cjal-3228	328	12	both	both	DET
cjal-3228	328	13	bodies	body	NOUN
cjal-3228	328	14	,	,	PUNCT
cjal-3228	328	15	e.g.	e.g.	ADV
cjal-3228	328	16	management	management	NOUN
cjal-3228	328	17	of	of	ADP
cjal-3228	328	18	china	china	PROPN
cjal-3228	328	19	's	's	PART
cjal-3228	328	20	foreign	foreign	ADJ
cjal-3228	328	21	exchange	exchange	NOUN
cjal-3228	328	22	reserves	reserve	NOUN
cjal-3228	328	23	.	.	PUNCT
cjal-3228	329	1	63	63	NUM
cjal-3228	329	2	see	see	VERB
cjal-3228	329	3	china	china	PROPN
cjal-3228	329	4	central	central	PROPN
cjal-3228	329	5	bank	bank	PROPN
cjal-3228	329	6	names	name	VERB
cjal-3228	329	7	new	new	ADJ
cjal-3228	329	8	monetary	monetary	ADJ
cjal-3228	329	9	policy	policy	NOUN
cjal-3228	329	10	committee	committee	PROPN
cjal-3228	329	11	lineup	lineup	NOUN
cjal-3228	329	12	,	,	PUNCT
cjal-3228	329	13	dow	dow	PROPN
cjal-3228	329	14	jones	jones	PROPN
cjal-3228	329	15	int'l	int'l	PROPN
cjal-3228	329	16	news	news	PROPN
cjal-3228	329	17	,	,	PUNCT
cjal-3228	329	18	june	june	PROPN
cjal-3228	329	19	16	16	NUM
cjal-3228	329	20	,	,	PUNCT
cjal-3228	329	21	2003	2003	NUM
cjal-3228	329	22	.	.	PUNCT
cjal-3228	330	1	2004	2004	NUM
cjal-3228	330	2	]	]	PUNCT
cjal-3228	330	3	columbia	columbia	PROPN
cjal-3228	330	4	journal	journal	PROPN
cjal-3228	330	5	of	of	ADP
cjal-3228	330	6	asian	asian	PROPN
cjal-3228	330	7	la	la	PROPN
cjal-3228	330	8	w	w	PROPN
cjal-3228	330	9	lawmaking	lawmake	VERB
cjal-3228	330	10	safe	safe	ADJ
cjal-3228	330	11	,	,	PUNCT
cjal-3228	330	12	the	the	DET
cjal-3228	330	13	pbc	pbc	PROPN
cjal-3228	330	14	,	,	PUNCT
cjal-3228	330	15	and	and	CCONJ
cjal-3228	330	16	the	the	DET
cjal-3228	330	17	state	state	NOUN
cjal-3228	330	18	council	council	PROPN
cjal-3228	330	19	all	all	PRON
cjal-3228	330	20	may	may	AUX
cjal-3228	330	21	,	,	PUNCT
cjal-3228	330	22	and	and	CCONJ
cjal-3228	330	23	do	do	AUX
cjal-3228	330	24	,	,	PUNCT
cjal-3228	330	25	issue	issue	VERB
cjal-3228	330	26	laws	law	NOUN
cjal-3228	330	27	regulating	regulate	VERB
cjal-3228	330	28	foreign	foreign	ADJ
cjal-3228	330	29	exchange	exchange	NOUN
cjal-3228	330	30	.	.	PUNCT
cjal-3228	331	1	as	as	ADP
cjal-3228	331	2	lawmaking	lawmake	VERB
cjal-3228	331	3	bodies	body	NOUN
cjal-3228	331	4	,	,	PUNCT
cjal-3228	331	5	however	however	ADV
cjal-3228	331	6	,	,	PUNCT
cjal-3228	331	7	their	their	PRON
cjal-3228	331	8	respective	respective	ADJ
cjal-3228	331	9	bailiwicks	bailiwick	NOUN
cjal-3228	331	10	are	be	AUX
cjal-3228	331	11	fairly	fairly	ADV
cjal-3228	331	12	clear	clear	ADJ
cjal-3228	331	13	.	.	PUNCT
cjal-3228	332	1	for	for	ADP
cjal-3228	332	2	the	the	DET
cjal-3228	332	3	most	most	ADJ
cjal-3228	332	4	part	part	NOUN
cjal-3228	332	5	,	,	PUNCT
cjal-3228	332	6	the	the	DET
cjal-3228	332	7	state	state	PROPN
cjal-3228	332	8	council	council	PROPN
cjal-3228	332	9	only	only	ADV
cjal-3228	332	10	issues	issue	VERB
cjal-3228	332	11	regulations	regulation	NOUN
cjal-3228	332	12	regarding	regard	VERB
cjal-3228	332	13	extremely	extremely	ADV
cjal-3228	332	14	important	important	ADJ
cjal-3228	332	15	or	or	CCONJ
cjal-3228	332	16	overarching	overarching	ADJ
cjal-3228	332	17	issues	issue	NOUN
cjal-3228	332	18	.	.	PUNCT
cjal-3228	333	1	the	the	DET
cjal-3228	333	2	pbc	pbc	PROPN
cjal-3228	333	3	,	,	PUNCT
cjal-3228	333	4	in	in	ADP
cjal-3228	333	5	its	its	PRON
cjal-3228	333	6	role	role	NOUN
cjal-3228	333	7	as	as	ADP
cjal-3228	333	8	formulator	formulator	NOUN
cjal-3228	333	9	of	of	ADP
cjal-3228	333	10	monetary	monetary	ADJ
cjal-3228	333	11	policy	policy	NOUN
cjal-3228	333	12	and	and	CCONJ
cjal-3228	333	13	chief	chief	ADJ
cjal-3228	333	14	regulator	regulator	NOUN
cjal-3228	333	15	of	of	ADP
cjal-3228	333	16	the	the	DET
cjal-3228	333	17	financial	financial	ADJ
cjal-3228	333	18	sector	sector	NOUN
cjal-3228	333	19	,	,	PUNCT
cjal-3228	333	20	has	have	VERB
cjal-3228	333	21	responsibility	responsibility	NOUN
cjal-3228	333	22	for	for	ADP
cjal-3228	333	23	the	the	DET
cjal-3228	333	24	oversight	oversight	NOUN
cjal-3228	333	25	of	of	ADP
cjal-3228	333	26	foreign	foreign	ADJ
cjal-3228	333	27	exchange	exchange	NOUN
cjal-3228	333	28	business	business	NOUN
cjal-3228	333	29	conducted	conduct	VERB
cjal-3228	333	30	by	by	ADP
cjal-3228	333	31	financial	financial	ADJ
cjal-3228	333	32	institutions	institution	NOUN
cjal-3228	333	33	,	,	PUNCT
cjal-3228	333	34	including	include	VERB
cjal-3228	333	35	issuing	issue	VERB
cjal-3228	333	36	and	and	CCONJ
cjal-3228	333	37	monitoring	monitoring	NOUN
cjal-3228	333	38	permits	permit	NOUN
cjal-3228	333	39	to	to	PART
cjal-3228	333	40	conduct	conduct	VERB
cjal-3228	333	41	forex	forex	ADJ
cjal-3228	333	42	business	business	NOUN
cjal-3228	333	43	,	,	PUNCT
cjal-3228	333	44	regulation	regulation	NOUN
cjal-3228	333	45	of	of	ADP
cjal-3228	333	46	forex	forex	ADJ
cjal-3228	333	47	asset	asset	NOUN
cjal-3228	333	48	quality	quality	NOUN
cjal-3228	333	49	and	and	CCONJ
cjal-3228	333	50	risk	risk	NOUN
cjal-3228	333	51	management	management	NOUN
cjal-3228	333	52	,	,	PUNCT
cjal-3228	333	53	establishing	establish	VERB
cjal-3228	333	54	working	working	NOUN
cjal-3228	333	55	balances	balance	NOUN
cjal-3228	333	56	for	for	ADP
cjal-3228	333	57	members	member	NOUN
cjal-3228	333	58	of	of	ADP
cjal-3228	333	59	the	the	DET
cjal-3228	333	60	foreign	foreign	ADJ
cjal-3228	333	61	exchange	exchange	NOUN
cjal-3228	333	62	interbank	interbank	NOUN
cjal-3228	333	63	market	market	NOUN
cjal-3228	333	64	,	,	PUNCT
cjal-3228	333	65	etc	etc	X
cjal-3228	333	66	.	.	PUNCT
cjal-3228	333	67	"	"	PUNCT
cjal-3228	334	1	in	in	ADP
cjal-3228	334	2	addition	addition	NOUN
cjal-3228	334	3	,	,	PUNCT
cjal-3228	334	4	the	the	DET
cjal-3228	334	5	pbc	pbc	PROPN
cjal-3228	334	6	's	's	PART
cjal-3228	334	7	responsibilities	responsibility	NOUN
cjal-3228	334	8	include	include	VERB
cjal-3228	334	9	intervening	intervene	VERB
cjal-3228	334	10	in	in	ADP
cjal-3228	334	11	the	the	DET
cjal-3228	334	12	foreign	foreign	ADJ
cjal-3228	334	13	exchange	exchange	NOUN
cjal-3228	334	14	market	market	NOUN
cjal-3228	334	15	(	(	PUNCT
cjal-3228	334	16	when	when	SCONJ
cjal-3228	334	17	necessary	necessary	ADJ
cjal-3228	334	18	)	)	PUNCT
cjal-3228	334	19	and	and	CCONJ
cjal-3228	334	20	managing	manage	VERB
cjal-3228	334	21	foreign	foreign	ADJ
cjal-3228	334	22	currency	currency	NOUN
cjal-3228	334	23	reserves	reserve	NOUN
cjal-3228	334	24	.	.	PUNCT
cjal-3228	335	1	65	65	NUM
cjal-3228	335	2	safe	safe	ADJ
cjal-3228	335	3	,	,	PUNCT
cjal-3228	335	4	meanwhile	meanwhile	ADV
cjal-3228	335	5	,	,	PUNCT
cjal-3228	335	6	is	be	AUX
cjal-3228	335	7	responsible	responsible	ADJ
cjal-3228	335	8	for	for	ADP
cjal-3228	335	9	drafting	draft	VERB
cjal-3228	335	10	and	and	CCONJ
cjal-3228	335	11	implementing	implement	VERB
cjal-3228	335	12	most	most	ADJ
cjal-3228	335	13	laws	law	NOUN
cjal-3228	335	14	regulating	regulate	VERB
cjal-3228	335	15	the	the	DET
cjal-3228	335	16	settlement	settlement	NOUN
cjal-3228	335	17	,	,	PUNCT
cjal-3228	335	18	sale	sale	NOUN
cjal-3228	335	19	,	,	PUNCT
cjal-3228	335	20	trading	trading	NOUN
cjal-3228	335	21	,	,	PUNCT
cjal-3228	335	22	and	and	CCONJ
cjal-3228	335	23	use	use	NOUN
cjal-3228	335	24	of	of	ADP
cjal-3228	335	25	foreign	foreign	ADJ
cjal-3228	335	26	exchange	exchange	NOUN
cjal-3228	335	27	,	,	PUNCT
cjal-3228	335	28	including	include	VERB
cjal-3228	335	29	regulation	regulation	NOUN
cjal-3228	335	30	of	of	ADP
cjal-3228	335	31	foreign	foreign	ADJ
cjal-3228	335	32	exchange	exchange	NOUN
cjal-3228	335	33	bank	bank	NOUN
cjal-3228	335	34	accounts	account	NOUN
cjal-3228	335	35	.	.	PUNCT
cjal-3228	336	1	while	while	SCONJ
cjal-3228	336	2	most	most	ADJ
cjal-3228	336	3	forex	forex	ADJ
cjal-3228	336	4	regulations	regulation	NOUN
cjal-3228	336	5	are	be	AUX
cjal-3228	336	6	promulgated	promulgate	VERB
cjal-3228	336	7	by	by	ADP
cjal-3228	336	8	safe	safe	ADJ
cjal-3228	336	9	,	,	PUNCT
cjal-3228	336	10	the	the	DET
cjal-3228	336	11	pbc	pbc	PROPN
cjal-3228	336	12	,	,	PUNCT
cjal-3228	336	13	or	or	CCONJ
cjal-3228	336	14	the	the	DET
cjal-3228	336	15	state	state	NOUN
cjal-3228	336	16	council	council	NOUN
cjal-3228	336	17	alone	alone	ADV
cjal-3228	336	18	,	,	PUNCT
cjal-3228	336	19	it	it	PRON
cjal-3228	336	20	is	be	AUX
cjal-3228	336	21	also	also	ADV
cjal-3228	336	22	common	common	ADJ
cjal-3228	336	23	for	for	ADP
cjal-3228	336	24	multiple	multiple	ADJ
cjal-3228	336	25	departments	department	NOUN
cjal-3228	336	26	,	,	PUNCT
cjal-3228	336	27	including	include	VERB
cjal-3228	336	28	the	the	DET
cjal-3228	336	29	ministry	ministry	PROPN
cjal-3228	336	30	of	of	ADP
cjal-3228	336	31	commerce	commerce	PROPN
cjal-3228	336	32	(	(	PUNCT
cjal-3228	336	33	formerly	formerly	ADV
cjal-3228	336	34	the	the	DET
cjal-3228	336	35	ministry	ministry	PROPN
cjal-3228	336	36	of	of	ADP
cjal-3228	336	37	foreign	foreign	ADJ
cjal-3228	336	38	trade	trade	NOUN
cjal-3228	336	39	and	and	CCONJ
cjal-3228	336	40	economic	economic	ADJ
cjal-3228	336	41	cooperation	cooperation	NOUN
cjal-3228	336	42	)	)	PUNCT
cjal-3228	336	43	,	,	PUNCT
cjal-3228	336	44	the	the	DET
cjal-3228	336	45	ministry	ministry	PROPN
cjal-3228	336	46	of	of	ADP
cjal-3228	336	47	taxation	taxation	PROPN
cjal-3228	336	48	,	,	PUNCT
cjal-3228	336	49	the	the	DET
cjal-3228	336	50	customs	customs	PROPN
cjal-3228	336	51	bureau	bureau	PROPN
cjal-3228	336	52	,	,	PUNCT
cjal-3228	336	53	etc	etc	X
cjal-3228	336	54	.	.	X
cjal-3228	336	55	,	,	PUNCT
cjal-3228	336	56	to	to	PART
cjal-3228	336	57	jointly	jointly	ADV
cjal-3228	336	58	issue	issue	VERB
cjal-3228	336	59	regulations	regulation	NOUN
cjal-3228	336	60	.	.	PUNCT
cjal-3228	337	1	this	this	DET
cjal-3228	337	2	type	type	NOUN
cjal-3228	337	3	of	of	ADP
cjal-3228	337	4	interdepartmental	interdepartmental	ADJ
cjal-3228	337	5	cooperation	cooperation	NOUN
cjal-3228	337	6	may	may	AUX
cjal-3228	337	7	help	help	VERB
cjal-3228	337	8	to	to	PART
cjal-3228	337	9	synthesize	synthesize	VERB
cjal-3228	337	10	the	the	DET
cjal-3228	337	11	work	work	NOUN
cjal-3228	337	12	and	and	CCONJ
cjal-3228	337	13	tasks	task	NOUN
cjal-3228	337	14	of	of	ADP
cjal-3228	337	15	multiple	multiple	ADJ
cjal-3228	337	16	government	government	NOUN
cjal-3228	337	17	agencies	agency	NOUN
cjal-3228	337	18	,	,	PUNCT
cjal-3228	337	19	improve	improve	VERB
cjal-3228	337	20	overall	overall	ADJ
cjal-3228	337	21	regulatory	regulatory	ADJ
cjal-3228	337	22	and	and	CCONJ
cjal-3228	337	23	administrative	administrative	ADJ
cjal-3228	337	24	coordination	coordination	NOUN
cjal-3228	337	25	,	,	PUNCT
cjal-3228	337	26	and	and	CCONJ
cjal-3228	337	27	consolidate	consolidate	VERB
cjal-3228	337	28	the	the	DET
cjal-3228	337	29	promulgation	promulgation	NOUN
cjal-3228	337	30	of	of	ADP
cjal-3228	337	31	what	what	PRON
cjal-3228	337	32	would	would	AUX
cjal-3228	337	33	otherwise	otherwise	ADV
cjal-3228	337	34	be	be	AUX
cjal-3228	337	35	repetitive	repetitive	ADJ
cjal-3228	337	36	or	or	CCONJ
cjal-3228	337	37	overlapping	overlap	VERB
cjal-3228	337	38	regulations	regulation	NOUN
cjal-3228	337	39	.	.	PUNCT
cjal-3228	338	1	implementation	implementation	NOUN
cjal-3228	338	2	of	of	ADP
cjal-3228	338	3	laws	law	NOUN
cjal-3228	338	4	the	the	DET
cjal-3228	338	5	administrative	administrative	ADJ
cjal-3228	338	6	responsibilities	responsibility	NOUN
cjal-3228	338	7	of	of	ADP
cjal-3228	338	8	safe	safe	ADJ
cjal-3228	338	9	and	and	CCONJ
cjal-3228	338	10	the	the	DET
cjal-3228	338	11	pbc	pbc	PROPN
cjal-3228	338	12	parallel	parallel	VERB
cjal-3228	338	13	their	their	PRON
cjal-3228	338	14	respective	respective	ADJ
cjal-3228	338	15	regulatory	regulatory	ADJ
cjal-3228	338	16	roles	role	NOUN
cjal-3228	338	17	,	,	PUNCT
cjal-3228	338	18	with	with	ADP
cjal-3228	338	19	safe	safe	ADJ
cjal-3228	338	20	playing	play	VERB
cjal-3228	338	21	the	the	DET
cjal-3228	338	22	predominant	predominant	ADJ
cjal-3228	338	23	role	role	NOUN
cjal-3228	338	24	and	and	CCONJ
cjal-3228	338	25	the	the	DET
cjal-3228	338	26	pbc	pbc	PROPN
cjal-3228	338	27	dealing	deal	VERB
cjal-3228	338	28	with	with	ADP
cjal-3228	338	29	particular	particular	ADJ
cjal-3228	338	30	issues	issue	NOUN
cjal-3228	338	31	relating	relate	VERB
cjal-3228	338	32	to	to	ADP
cjal-3228	338	33	monetary	monetary	ADJ
cjal-3228	338	34	policy	policy	NOUN
cjal-3228	338	35	and	and	CCONJ
cjal-3228	338	36	the	the	DET
cjal-3228	338	37	financial	financial	ADJ
cjal-3228	338	38	sector	sector	NOUN
cjal-3228	338	39	.	.	PUNCT
cjal-3228	339	1	safe	safe	PROPN
cjal-3228	339	2	's	's	PART
cjal-3228	339	3	responsibilities	responsibility	NOUN
cjal-3228	339	4	include	include	VERB
cjal-3228	339	5	,	,	PUNCT
cjal-3228	339	6	inter	inter	PROPN
cjal-3228	339	7	alia	alia	NOUN
cjal-3228	339	8	,	,	PUNCT
cjal-3228	339	9	monitoring	monitor	VERB
cjal-3228	339	10	foreign	foreign	ADJ
cjal-3228	339	11	exchange	exchange	NOUN
cjal-3228	339	12	bank	bank	NOUN
cjal-3228	339	13	accounts	account	NOUN
cjal-3228	339	14	,	,	PUNCT
cjal-3228	339	15	64	64	NUM
cjal-3228	339	16	jones	jone	NOUN
cjal-3228	339	17	,	,	PUNCT
cjal-3228	339	18	supra	supra	PROPN
cjal-3228	339	19	note	note	PROPN
cjal-3228	339	20	59	59	NUM
cjal-3228	339	21	,	,	PUNCT
cjal-3228	339	22	at	at	ADP
cjal-3228	339	23	2.5	2.5	NUM
cjal-3228	339	24	.	.	PUNCT
cjal-3228	340	1	65	65	NUM
cjal-3228	340	2	zhonghua	zhonghua	PROPN
cjal-3228	340	3	renmin	renmin	PROPN
cjal-3228	340	4	gongheguo	gongheguo	PROPN
cjal-3228	340	5	remnin	remnin	PROPN
cjal-3228	340	6	yinhang	yinhang	INTJ
cjal-3228	340	7	fa	fa	X
cjal-3228	341	1	[	[	X
cjal-3228	341	2	the	the	DET
cjal-3228	341	3	people	people	NOUN
cjal-3228	341	4	's	's	PART
cjal-3228	341	5	republic	republic	NOUN
cjal-3228	341	6	of	of	ADP
cjal-3228	341	7	china	china	PROPN
cjal-3228	341	8	people	people	PROPN
cjal-3228	341	9	's	's	PART
cjal-3228	341	10	bank	bank	NOUN
cjal-3228	341	11	law	law	NOUN
cjal-3228	341	12	]	]	PUNCT
cjal-3228	341	13	(	(	PUNCT
cjal-3228	341	14	pbc	pbc	PROPN
cjal-3228	341	15	law	law	PROPN
cjal-3228	341	16	)	)	PUNCT
cjal-3228	341	17	,	,	PUNCT
cjal-3228	341	18	passed	pass	VERB
cjal-3228	341	19	by	by	ADP
cjal-3228	341	20	the	the	DET
cjal-3228	341	21	national	national	PROPN
cjal-3228	341	22	people	people	PROPN
cjal-3228	341	23	's	's	PART
cjal-3228	341	24	congress	congress	PROPN
cjal-3228	341	25	on	on	ADP
cjal-3228	341	26	and	and	CCONJ
cjal-3228	341	27	effective	effective	ADJ
cjal-3228	341	28	as	as	ADP
cjal-3228	341	29	of	of	ADP
cjal-3228	341	30	march	march	PROPN
cjal-3228	341	31	18	18	NUM
cjal-3228	341	32	,	,	PUNCT
cjal-3228	341	33	1995	1995	NUM
cjal-3228	341	34	,	,	PUNCT
cjal-3228	341	35	art	art	NOUN
cjal-3228	341	36	.	.	PUNCT
cjal-3228	342	1	4	4	X
cjal-3228	342	2	.	.	X
cjal-3228	342	3	see	see	VERB
cjal-3228	342	4	section	section	NOUN
cjal-3228	342	5	v	v	NOUN
cjal-3228	342	6	below	below	ADP
cjal-3228	342	7	[	[	X
cjal-3228	342	8	17:2	17:2	NUM
cjal-3228	342	9	china	china	PROPN
cjal-3228	342	10	's	's	PART
cjal-3228	342	11	system	system	NOUN
cjal-3228	342	12	of	of	ADP
cjal-3228	342	13	foreign	foreign	ADJ
cjal-3228	342	14	exchange	exchange	NOUN
cjal-3228	342	15	approving	approve	VERB
cjal-3228	342	16	certain	certain	ADJ
cjal-3228	342	17	individual	individual	ADJ
cjal-3228	342	18	forex	forex	ADJ
cjal-3228	342	19	transactions	transaction	NOUN
cjal-3228	342	20	,	,	PUNCT
cjal-3228	342	21	keeping	keep	VERB
cjal-3228	342	22	registration	registration	NOUN
cjal-3228	342	23	records	record	NOUN
cjal-3228	342	24	,	,	PUNCT
cjal-3228	342	25	and	and	CCONJ
cjal-3228	342	26	compiling	compile	VERB
cjal-3228	342	27	statistics	statistic	NOUN
cjal-3228	342	28	.	.	PUNCT
cjal-3228	343	1	safe	safe	PROPN
cjal-3228	343	2	's	's	PART
cjal-3228	343	3	administrative	administrative	ADJ
cjal-3228	343	4	responsibilities	responsibility	NOUN
cjal-3228	343	5	are	be	AUX
cjal-3228	343	6	divided	divide	VERB
cjal-3228	343	7	between	between	ADP
cjal-3228	343	8	the	the	DET
cjal-3228	343	9	central	central	ADJ
cjal-3228	343	10	branch	branch	NOUN
cjal-3228	343	11	of	of	ADP
cjal-3228	343	12	safe	safe	ADJ
cjal-3228	343	13	,	,	PUNCT
cjal-3228	343	14	located	locate	VERB
cjal-3228	343	15	in	in	ADP
cjal-3228	343	16	beijing	beijing	PROPN
cjal-3228	343	17	,	,	PUNCT
cjal-3228	343	18	and	and	CCONJ
cjal-3228	343	19	the	the	DET
cjal-3228	343	20	provincialand	provincialand	NOUN
cjal-3228	343	21	local	local	ADJ
cjal-3228	343	22	-	-	PUNCT
cjal-3228	343	23	level	level	NOUN
cjal-3228	343	24	offices	office	NOUN
cjal-3228	343	25	,	,	PUNCT
cjal-3228	343	26	located	locate	VERB
cjal-3228	343	27	throughout	throughout	ADP
cjal-3228	343	28	the	the	DET
cjal-3228	343	29	country	country	NOUN
cjal-3228	343	30	.	.	PUNCT
cjal-3228	343	31	"	"	PUNCT
cjal-3228	344	1	the	the	DET
cjal-3228	344	2	precise	precise	ADJ
cjal-3228	344	3	balance	balance	NOUN
cjal-3228	344	4	of	of	ADP
cjal-3228	344	5	administrative	administrative	ADJ
cjal-3228	344	6	responsibilities	responsibility	NOUN
cjal-3228	344	7	undertaken	undertake	VERB
cjal-3228	344	8	by	by	ADP
cjal-3228	344	9	the	the	DET
cjal-3228	344	10	central	central	ADJ
cjal-3228	344	11	versus	versus	ADP
cjal-3228	344	12	the	the	DET
cjal-3228	344	13	provincial	provincial	ADJ
cjal-3228	344	14	and	and	CCONJ
cjal-3228	344	15	local	local	ADJ
cjal-3228	344	16	branches	branch	NOUN
cjal-3228	344	17	of	of	ADP
cjal-3228	344	18	safe	safe	ADJ
cjal-3228	344	19	has	have	AUX
cjal-3228	344	20	shifted	shift	VERB
cjal-3228	344	21	with	with	ADP
cjal-3228	344	22	changes	change	NOUN
cjal-3228	344	23	in	in	ADP
cjal-3228	344	24	the	the	DET
cjal-3228	344	25	mood	mood	NOUN
cjal-3228	344	26	of	of	ADP
cjal-3228	344	27	the	the	DET
cjal-3228	344	28	overall	overall	ADJ
cjal-3228	344	29	regulatory	regulatory	ADJ
cjal-3228	344	30	environment.67	environment.67	NOUN
cjal-3228	344	31	during	during	ADP
cjal-3228	344	32	the	the	DET
cjal-3228	344	33	east	east	ADJ
cjal-3228	344	34	asian	asian	ADJ
cjal-3228	344	35	financial	financial	ADJ
cjal-3228	344	36	crisis	crisis	NOUN
cjal-3228	344	37	,	,	PUNCT
cjal-3228	344	38	as	as	SCONJ
cjal-3228	344	39	the	the	DET
cjal-3228	344	40	regulatory	regulatory	ADJ
cjal-3228	344	41	environment	environment	NOUN
cjal-3228	344	42	was	be	AUX
cjal-3228	344	43	tightened	tighten	VERB
cjal-3228	344	44	to	to	PART
cjal-3228	344	45	limit	limit	VERB
cjal-3228	344	46	illegal	illegal	ADJ
cjal-3228	344	47	foreign	foreign	ADJ
cjal-3228	344	48	currency	currency	NOUN
cjal-3228	344	49	outflows	outflow	NOUN
cjal-3228	344	50	,	,	PUNCT
cjal-3228	344	51	the	the	DET
cjal-3228	344	52	central	central	ADJ
cjal-3228	344	53	bureau	bureau	NOUN
cjal-3228	344	54	took	take	VERB
cjal-3228	344	55	on	on	ADP
cjal-3228	344	56	a	a	DET
cjal-3228	344	57	more	more	ADV
cjal-3228	344	58	active	active	ADJ
cjal-3228	344	59	administrative	administrative	ADJ
cjal-3228	344	60	role	role	NOUN
cjal-3228	344	61	.	.	PUNCT
cjal-3228	345	1	as	as	SCONJ
cjal-3228	345	2	the	the	DET
cjal-3228	345	3	overall	overall	ADJ
cjal-3228	345	4	trend	trend	NOUN
cjal-3228	345	5	has	have	AUX
cjal-3228	345	6	shifted	shift	VERB
cjal-3228	345	7	towards	towards	ADP
cjal-3228	345	8	liberalization	liberalization	NOUN
cjal-3228	345	9	in	in	ADP
cjal-3228	345	10	recent	recent	ADJ
cjal-3228	345	11	years	year	NOUN
cjal-3228	345	12	,	,	PUNCT
cjal-3228	345	13	though	though	ADV
cjal-3228	345	14	,	,	PUNCT
cjal-3228	345	15	the	the	DET
cjal-3228	345	16	central	central	ADJ
cjal-3228	345	17	bureau	bureau	NOUN
cjal-3228	345	18	's	's	PART
cjal-3228	345	19	role	role	NOUN
cjal-3228	345	20	as	as	ADP
cjal-3228	345	21	administrator	administrator	NOUN
cjal-3228	345	22	has	have	AUX
cjal-3228	345	23	diminished	diminish	VERB
cjal-3228	345	24	.	.	PUNCT
cjal-3228	346	1	as	as	ADP
cjal-3228	346	2	a	a	DET
cjal-3228	346	3	result	result	NOUN
cjal-3228	346	4	,	,	PUNCT
cjal-3228	346	5	most	most	ADJ
cjal-3228	346	6	businesses	business	NOUN
cjal-3228	346	7	and	and	CCONJ
cjal-3228	346	8	individuals	individual	NOUN
cjal-3228	346	9	wishing	wish	VERB
cjal-3228	346	10	to	to	PART
cjal-3228	346	11	conduct	conduct	VERB
cjal-3228	346	12	foreign	foreign	ADJ
cjal-3228	346	13	exchange	exchange	NOUN
cjal-3228	346	14	transactions	transaction	NOUN
cjal-3228	346	15	today	today	NOUN
cjal-3228	346	16	will	will	AUX
cjal-3228	346	17	fimd	fimd	PROPN
cjal-3228	346	18	themselves	themselves	PRON
cjal-3228	346	19	working	work	VERB
cjal-3228	346	20	almost	almost	ADV
cjal-3228	346	21	exclusively	exclusively	ADV
cjal-3228	346	22	with	with	ADP
cjal-3228	346	23	provincialor	provincialor	ADJ
cjal-3228	346	24	local	local	ADJ
cjal-3228	346	25	-	-	PUNCT
cjal-3228	346	26	level	level	NOUN
cjal-3228	346	27	safe	safe	ADJ
cjal-3228	346	28	offices.68	offices.68	NOUN
cjal-3228	346	29	in	in	ADP
cjal-3228	346	30	addition	addition	NOUN
cjal-3228	346	31	to	to	ADP
cjal-3228	346	32	the	the	DET
cjal-3228	346	33	above	above	ADV
cjal-3228	346	34	-	-	PUNCT
cjal-3228	346	35	mentioned	mention	VERB
cjal-3228	346	36	responsibilities	responsibility	NOUN
cjal-3228	346	37	,	,	PUNCT
cjal-3228	346	38	safe	safe	ADJ
cjal-3228	346	39	has	have	AUX
cjal-3228	346	40	also	also	ADV
cjal-3228	346	41	adopted	adopt	VERB
cjal-3228	346	42	the	the	DET
cjal-3228	346	43	role	role	NOUN
cjal-3228	346	44	of	of	ADP
cjal-3228	346	45	clearinghouse	clearinghouse	NOUN
cjal-3228	346	46	for	for	ADP
cjal-3228	346	47	all	all	DET
cjal-3228	346	48	forex	forex	ADJ
cjal-3228	346	49	regulations	regulation	NOUN
cjal-3228	346	50	and	and	CCONJ
cjal-3228	346	51	policies	policy	NOUN
cjal-3228	346	52	.	.	PUNCT
cjal-3228	347	1	this	this	DET
cjal-3228	347	2	role	role	NOUN
cjal-3228	347	3	is	be	AUX
cjal-3228	347	4	reflected	reflect	VERB
cjal-3228	347	5	in	in	ADP
cjal-3228	347	6	the	the	DET
cjal-3228	347	7	safe	safe	ADJ
cjal-3228	347	8	website	website	NOUN
cjal-3228	347	9	,	,	PUNCT
cjal-3228	347	10	www.safe.gov.cn	www.safe.gov.cn	PROPN
cjal-3228	347	11	,	,	PUNCT
cjal-3228	347	12	the	the	DET
cjal-3228	347	13	creation	creation	NOUN
cjal-3228	347	14	of	of	ADP
cjal-3228	347	15	which	which	PRON
cjal-3228	347	16	marked	mark	VERB
cjal-3228	347	17	a	a	DET
cjal-3228	347	18	substantial	substantial	ADJ
cjal-3228	347	19	step	step	NOUN
cjal-3228	347	20	forward	forward	ADV
cjal-3228	347	21	in	in	ADP
cjal-3228	347	22	progress	progress	NOUN
cjal-3228	347	23	towards	towards	ADP
cjal-3228	347	24	greater	great	ADJ
cjal-3228	347	25	transparency	transparency	NOUN
cjal-3228	347	26	and	and	CCONJ
cjal-3228	347	27	systematization	systematization	NOUN
cjal-3228	347	28	in	in	ADP
cjal-3228	347	29	china	china	PROPN
cjal-3228	347	30	's	's	PART
cjal-3228	347	31	forex	forex	ADJ
cjal-3228	347	32	regime	regime	NOUN
cjal-3228	347	33	.	.	PUNCT
cjal-3228	348	1	launched	launch	VERB
cjal-3228	348	2	on	on	ADP
cjal-3228	348	3	may	may	PROPN
cjal-3228	348	4	28	28	NUM
cjal-3228	348	5	,	,	PUNCT
cjal-3228	348	6	1999	1999	NUM
cjal-3228	348	7	,	,	PUNCT
cjal-3228	348	8	the	the	DET
cjal-3228	348	9	website	website	NOUN
cjal-3228	348	10	provides	provide	VERB
cjal-3228	348	11	full	full	ADJ
cjal-3228	348	12	text	text	NOUN
cjal-3228	348	13	releases	release	NOUN
cjal-3228	348	14	of	of	ADP
cjal-3228	348	15	important	important	ADJ
cjal-3228	348	16	regulations	regulation	NOUN
cjal-3228	348	17	and	and	CCONJ
cjal-3228	348	18	circulars	circular	NOUN
cjal-3228	348	19	regarding	regard	VERB
cjal-3228	348	20	foreign	foreign	ADJ
cjal-3228	348	21	exchange	exchange	NOUN
cjal-3228	348	22	laws	law	NOUN
cjal-3228	348	23	,	,	PUNCT
cjal-3228	348	24	no	no	ADV
cjal-3228	348	25	matter	matter	ADV
cjal-3228	348	26	which	which	DET
cjal-3228	348	27	government	government	NOUN
cjal-3228	348	28	body	body	NOUN
cjal-3228	348	29	issued	issue	VERB
cjal-3228	348	30	them	they	PRON
cjal-3228	348	31	.	.	PUNCT
cjal-3228	349	1	in	in	ADP
cjal-3228	349	2	addition	addition	NOUN
cjal-3228	349	3	,	,	PUNCT
cjal-3228	349	4	the	the	DET
cjal-3228	349	5	website	website	NOUN
cjal-3228	349	6	provides	provide	VERB
cjal-3228	349	7	news	news	NOUN
cjal-3228	349	8	,	,	PUNCT
cjal-3228	349	9	background	background	NOUN
cjal-3228	349	10	information	information	NOUN
cjal-3228	349	11	,	,	PUNCT
cjal-3228	349	12	faqs	faqs	NOUN
cjal-3228	349	13	,	,	PUNCT
cjal-3228	349	14	commentary	commentary	NOUN
cjal-3228	349	15	,	,	PUNCT
cjal-3228	349	16	registration	registration	NOUN
cjal-3228	349	17	lists	list	NOUN
cjal-3228	349	18	,	,	PUNCT
cjal-3228	349	19	and	and	CCONJ
cjal-3228	349	20	other	other	ADJ
cjal-3228	349	21	information	information	NOUN
cjal-3228	349	22	pertaining	pertain	VERB
cjal-3228	349	23	to	to	ADP
cjal-3228	349	24	china	china	PROPN
cjal-3228	349	25	's	's	PART
cjal-3228	349	26	foreign	foreign	ADJ
cjal-3228	349	27	exchange	exchange	NOUN
cjal-3228	349	28	regime	regime	NOUN
cjal-3228	349	29	.	.	PUNCT
cjal-3228	350	1	66	66	NUM
cjal-3228	350	2	safe	safe	ADJ
cjal-3228	350	3	is	be	AUX
cjal-3228	350	4	divided	divide	VERB
cjal-3228	350	5	into	into	ADP
cjal-3228	350	6	four	four	NUM
cjal-3228	350	7	administrative	administrative	ADJ
cjal-3228	350	8	levels	level	NOUN
cjal-3228	350	9	.	.	PUNCT
cjal-3228	351	1	as	as	ADP
cjal-3228	351	2	of	of	ADP
cjal-3228	351	3	late	late	ADJ
cjal-3228	351	4	2003	2003	NUM
cjal-3228	351	5	,	,	PUNCT
cjal-3228	351	6	in	in	ADP
cjal-3228	351	7	addition	addition	NOUN
cjal-3228	351	8	to	to	ADP
cjal-3228	351	9	the	the	DET
cjal-3228	351	10	central	central	ADJ
cjal-3228	351	11	bureau	bureau	NOUN
cjal-3228	351	12	,	,	PUNCT
cjal-3228	351	13	safe	safe	ADJ
cjal-3228	351	14	had	have	VERB
cjal-3228	351	15	36	36	NUM
cjal-3228	351	16	subordinate	subordinate	ADJ
cjal-3228	351	17	bureaus	bureaus	PROPN
cjal-3228	351	18	(	(	PUNCT
cjal-3228	351	19	fenju	fenju	PROPN
cjal-3228	351	20	)	)	PUNCT
cjal-3228	351	21	,	,	PUNCT
cjal-3228	351	22	mostly	mostly	ADV
cjal-3228	351	23	at	at	ADP
cjal-3228	351	24	the	the	DET
cjal-3228	351	25	provincial	provincial	ADJ
cjal-3228	351	26	and	and	CCONJ
cjal-3228	351	27	special	special	ADJ
cjal-3228	351	28	economic	economic	ADJ
cjal-3228	351	29	zone	zone	NOUN
cjal-3228	351	30	level	level	NOUN
cjal-3228	351	31	,	,	PUNCT
cjal-3228	351	32	294	294	NUM
cjal-3228	351	33	"	"	PUNCT
cjal-3228	351	34	central	central	ADJ
cjal-3228	351	35	branches	branch	NOUN
cjal-3228	351	36	"	"	PUNCT
cjal-3228	351	37	(	(	PUNCT
cjal-3228	351	38	zhongxin	zhongxin	PROPN
cjal-3228	351	39	zhiu	zhiu	PROPN
cjal-3228	351	40	)	)	PUNCT
cjal-3228	351	41	,	,	PUNCT
cjal-3228	351	42	at	at	ADP
cjal-3228	351	43	the	the	DET
cjal-3228	351	44	city	city	NOUN
cjal-3228	351	45	/	/	SYM
cjal-3228	351	46	municipality	municipality	NOUN
cjal-3228	351	47	level	level	NOUN
cjal-3228	351	48	,	,	PUNCT
cjal-3228	351	49	and	and	CCONJ
cjal-3228	351	50	487	487	NUM
cjal-3228	351	51	branches	branch	NOUN
cjal-3228	351	52	(	(	PUNCT
cjal-3228	351	53	zhiju	zhiju	NOUN
cjal-3228	351	54	)	)	PUNCT
cjal-3228	351	55	,	,	PUNCT
cjal-3228	351	56	at	at	ADP
cjal-3228	351	57	the	the	DET
cjal-3228	351	58	county	county	NOUN
cjal-3228	351	59	and	and	CCONJ
cjal-3228	351	60	district	district	NOUN
cjal-3228	351	61	level	level	NOUN
cjal-3228	351	62	.	.	PUNCT
cjal-3228	352	1	fenzhiju	fenzhiju	PROPN
cjal-3228	352	2	jigou	jigou	PROPN
cjal-3228	352	3	shezhi	shezhi	PROPN
cjal-3228	353	1	[	[	X
cjal-3228	353	2	the	the	DET
cjal-3228	353	3	system	system	NOUN
cjal-3228	353	4	of	of	ADP
cjal-3228	353	5	branch	branch	NOUN
cjal-3228	353	6	offices	office	NOUN
cjal-3228	353	7	]	]	PUNCT
cjal-3228	353	8	,	,	PUNCT
cjal-3228	353	9	http://www.safe.eov.cn/043o/whfiig.htm	http://www.safe.eov.cn/043o/whfiig.htm	PROPN
cjal-3228	353	10	.	.	PUNCT
cjal-3228	354	1	in	in	ADP
cjal-3228	354	2	theory	theory	NOUN
cjal-3228	354	3	,	,	PUNCT
cjal-3228	354	4	the	the	DET
cjal-3228	354	5	local	local	ADJ
cjal-3228	354	6	branches	branch	NOUN
cjal-3228	354	7	,	,	PUNCT
cjal-3228	354	8	whose	whose	DET
cjal-3228	354	9	head	head	NOUN
cjal-3228	354	10	is	be	AUX
cjal-3228	354	11	named	name	VERB
cjal-3228	354	12	by	by	ADP
cjal-3228	354	13	the	the	DET
cjal-3228	354	14	pbc	pbc	PROPN
cjal-3228	354	15	,	,	PUNCT
cjal-3228	354	16	are	be	AUX
cjal-3228	354	17	closely	closely	ADV
cjal-3228	354	18	linked	link	VERB
cjal-3228	354	19	to	to	ADP
cjal-3228	354	20	the	the	DET
cjal-3228	354	21	central	central	ADJ
cjal-3228	354	22	office	office	NOUN
cjal-3228	354	23	and	and	CCONJ
cjal-3228	354	24	independent	independent	ADJ
cjal-3228	354	25	of	of	ADP
cjal-3228	354	26	the	the	DET
cjal-3228	354	27	local	local	ADJ
cjal-3228	354	28	government	government	NOUN
cjal-3228	354	29	.	.	PUNCT
cjal-3228	355	1	however	however	ADV
cjal-3228	355	2	,	,	PUNCT
cjal-3228	355	3	in	in	ADP
cjal-3228	355	4	reality	reality	NOUN
cjal-3228	355	5	,	,	PUNCT
cjal-3228	355	6	there	there	PRON
cjal-3228	355	7	is	be	VERB
cjal-3228	355	8	some	some	DET
cjal-3228	355	9	evidence	evidence	NOUN
cjal-3228	355	10	that	that	SCONJ
cjal-3228	355	11	local	local	ADJ
cjal-3228	355	12	safe	safe	ADJ
cjal-3228	355	13	offices	office	NOUN
cjal-3228	355	14	are	be	AUX
cjal-3228	355	15	subject	subject	ADJ
cjal-3228	355	16	to	to	ADP
cjal-3228	355	17	parochial	parochial	ADJ
cjal-3228	355	18	local	local	ADJ
cjal-3228	355	19	interests	interest	NOUN
cjal-3228	355	20	.	.	PUNCT
cjal-3228	356	1	in	in	ADP
cjal-3228	356	2	addition	addition	NOUN
cjal-3228	356	3	to	to	ADP
cjal-3228	356	4	central	central	ADJ
cjal-3228	356	5	safe	safe	ADJ
cjal-3228	356	6	's	's	PART
cjal-3228	356	7	apparent	apparent	ADJ
cjal-3228	356	8	distrust	distrust	NOUN
cjal-3228	356	9	of	of	ADP
cjal-3228	356	10	local	local	ADJ
cjal-3228	356	11	branches	branch	NOUN
cjal-3228	356	12	,	,	PUNCT
cjal-3228	356	13	as	as	SCONJ
cjal-3228	356	14	demonstrated	demonstrate	VERB
cjal-3228	356	15	by	by	ADP
cjal-3228	356	16	the	the	DET
cjal-3228	356	17	centralization	centralization	NOUN
cjal-3228	356	18	of	of	ADP
cjal-3228	356	19	administrative	administrative	ADJ
cjal-3228	356	20	policies	policy	NOUN
cjal-3228	356	21	during	during	ADP
cjal-3228	356	22	the	the	DET
cjal-3228	356	23	east	east	ADJ
cjal-3228	356	24	asian	asian	ADJ
cjal-3228	356	25	financial	financial	ADJ
cjal-3228	356	26	crisis	crisis	NOUN
cjal-3228	356	27	,	,	PUNCT
cjal-3228	356	28	local	local	ADJ
cjal-3228	356	29	safe	safe	ADJ
cjal-3228	356	30	bureaus	bureau	NOUN
cjal-3228	356	31	have	have	AUX
cjal-3228	356	32	also	also	ADV
cjal-3228	356	33	been	be	AUX
cjal-3228	356	34	known	know	VERB
cjal-3228	356	35	to	to	PART
cjal-3228	356	36	be	be	AUX
cjal-3228	356	37	eager	eager	ADJ
cjal-3228	356	38	to	to	PART
cjal-3228	356	39	offer	offer	VERB
cjal-3228	356	40	quick	quick	ADJ
cjal-3228	356	41	approvals	approval	NOUN
cjal-3228	356	42	for	for	ADP
cjal-3228	356	43	certain	certain	ADJ
cjal-3228	356	44	transactions	transaction	NOUN
cjal-3228	356	45	,	,	PUNCT
cjal-3228	356	46	even	even	ADV
cjal-3228	356	47	in	in	ADP
cjal-3228	356	48	cases	case	NOUN
cjal-3228	356	49	where	where	SCONJ
cjal-3228	356	50	central	central	ADJ
cjal-3228	356	51	office	office	NOUN
cjal-3228	356	52	approval	approval	NOUN
cjal-3228	356	53	should	should	AUX
cjal-3228	356	54	be	be	AUX
cjal-3228	356	55	required	require	VERB
cjal-3228	356	56	.	.	PUNCT
cjal-3228	357	1	interview	interview	NOUN
cjal-3228	357	2	with	with	ADP
cjal-3228	357	3	nicholas	nicholas	PROPN
cjal-3228	357	4	howson	howson	PROPN
cjal-3228	357	5	,	,	PUNCT
cjal-3228	357	6	of	of	ADP
cjal-3228	357	7	counsel	counsel	NOUN
cjal-3228	357	8	for	for	ADP
cjal-3228	357	9	the	the	DET
cjal-3228	357	10	law	law	NOUN
cjal-3228	357	11	firm	firm	NOUN
cjal-3228	357	12	of	of	ADP
cjal-3228	357	13	paul	paul	PROPN
cjal-3228	357	14	,	,	PUNCT
cjal-3228	357	15	weiss	weiss	PROPN
cjal-3228	357	16	,	,	PUNCT
cjal-3228	357	17	rifkind	rifkind	PROPN
cjal-3228	357	18	&	&	CCONJ
cjal-3228	357	19	garrison	garrison	PROPN
cjal-3228	357	20	ssept	ssept	NOUN
cjal-3228	357	21	.	.	PUNCT
cjal-3228	358	1	29	29	NUM
cjal-3228	358	2	,	,	PUNCT
cjal-3228	358	3	2003	2003	NUM
cjal-3228	358	4	)	)	PUNCT
cjal-3228	358	5	.	.	PUNCT
cjal-3228	359	1	jones	jones	PROPN
cjal-3228	359	2	,	,	PUNCT
cjal-3228	359	3	supra	supra	PROPN
cjal-3228	359	4	note	note	PROPN
cjal-3228	359	5	59	59	NUM
cjal-3228	359	6	,	,	PUNCT
cjal-3228	359	7	at	at	ADP
cjal-3228	359	8	2.6	2.6	NUM
cjal-3228	359	9	.	.	PUNCT
cjal-3228	360	1	2004	2004	NUM
cjal-3228	360	2	]	]	PUNCT
cjal-3228	360	3	columbia	columbia	PROPN
cjal-3228	360	4	journal	journal	PROPN
cjal-3228	360	5	of	of	ADP
cjal-3228	360	6	asl4n	asl4n	PROPN
cjal-3228	360	7	la	la	PROPN
cjal-3228	360	8	w	w	PROPN
cjal-3228	360	9	b.	b.	PROPN
cjal-3228	360	10	the	the	DET
cjal-3228	360	11	legal	legal	ADJ
cjal-3228	360	12	framework	framework	NOUN
cjal-3228	360	13	the	the	DET
cjal-3228	360	14	foundations	foundation	NOUN
cjal-3228	360	15	of	of	ADP
cjal-3228	360	16	china	china	PROPN
cjal-3228	360	17	's	's	PART
cjal-3228	360	18	current	current	ADJ
cjal-3228	360	19	foreign	foreign	ADJ
cjal-3228	360	20	exchange	exchange	NOUN
cjal-3228	360	21	regime	regime	NOUN
cjal-3228	360	22	are	be	AUX
cjal-3228	360	23	set	set	VERB
cjal-3228	360	24	forth	forth	ADV
cjal-3228	360	25	in	in	ADP
cjal-3228	360	26	the	the	DET
cjal-3228	360	27	1996	1996	NUM
cjal-3228	360	28	forex	forex	ADJ
cjal-3228	360	29	regulations	regulation	NOUN
cjal-3228	360	30	,	,	PUNCT
cjal-3228	360	31	issued	issue	VERB
cjal-3228	360	32	by	by	ADP
cjal-3228	360	33	the	the	DET
cjal-3228	360	34	state	state	PROPN
cjal-3228	360	35	council	council	PROPN
cjal-3228	360	36	.	.	PUNCT
cjal-3228	361	1	the	the	DET
cjal-3228	361	2	forex	forex	ADJ
cjal-3228	361	3	regulations	regulation	NOUN
cjal-3228	361	4	provide	provide	VERB
cjal-3228	361	5	a	a	DET
cjal-3228	361	6	broad	broad	ADJ
cjal-3228	361	7	,	,	PUNCT
cjal-3228	361	8	generalized	generalized	ADJ
cjal-3228	361	9	overview	overview	NOUN
cjal-3228	361	10	of	of	ADP
cjal-3228	361	11	the	the	DET
cjal-3228	361	12	basic	basic	ADJ
cjal-3228	361	13	principles	principle	NOUN
cjal-3228	361	14	underlying	underlie	VERB
cjal-3228	361	15	china	china	PROPN
cjal-3228	361	16	's	's	PART
cjal-3228	361	17	foreign	foreign	ADJ
cjal-3228	361	18	exchange	exchange	NOUN
cjal-3228	361	19	regulatory	regulatory	ADJ
cjal-3228	361	20	system	system	NOUN
cjal-3228	361	21	.	.	PUNCT
cjal-3228	362	1	as	as	ADP
cjal-3228	362	2	with	with	ADP
cjal-3228	362	3	other	other	ADJ
cjal-3228	362	4	overarching	overarching	ADJ
cjal-3228	362	5	laws	law	NOUN
cjal-3228	362	6	issued	issue	VERB
cjal-3228	362	7	by	by	ADP
cjal-3228	362	8	the	the	DET
cjal-3228	362	9	national	national	PROPN
cjal-3228	362	10	people	people	PROPN
cjal-3228	362	11	's	's	PART
cjal-3228	362	12	congress	congress	PROPN
cjal-3228	362	13	(	(	PUNCT
cjal-3228	362	14	npc	npc	PROPN
cjal-3228	362	15	)	)	PUNCT
cjal-3228	362	16	or	or	CCONJ
cjal-3228	362	17	the	the	DET
cjal-3228	362	18	state	state	NOUN
cjal-3228	362	19	council	council	PROPN
cjal-3228	362	20	,	,	PUNCT
cjal-3228	362	21	the	the	DET
cjal-3228	362	22	forex	forex	ADJ
cjal-3228	362	23	regulations	regulation	NOUN
cjal-3228	362	24	provide	provide	VERB
cjal-3228	362	25	few	few	ADJ
cjal-3228	362	26	detailed	detailed	ADJ
cjal-3228	362	27	rules	rule	NOUN
cjal-3228	362	28	.	.	PUNCT
cjal-3228	363	1	rather	rather	ADV
cjal-3228	363	2	,	,	PUNCT
cjal-3228	363	3	the	the	DET
cjal-3228	363	4	general	general	ADJ
cjal-3228	363	5	principles	principle	NOUN
cjal-3228	363	6	and	and	CCONJ
cjal-3228	363	7	guidelines	guideline	NOUN
cjal-3228	363	8	it	it	PRON
cjal-3228	363	9	sets	set	VERB
cjal-3228	363	10	out	out	ADP
cjal-3228	363	11	are	be	AUX
cjal-3228	363	12	clarified	clarify	VERB
cjal-3228	363	13	by	by	ADP
cjal-3228	363	14	further	further	ADJ
cjal-3228	363	15	"	"	PUNCT
cjal-3228	363	16	tertiary	tertiary	ADJ
cjal-3228	363	17	regulations	regulation	NOUN
cjal-3228	363	18	"	"	PUNCT
cjal-3228	363	19	issued	issue	VERB
cjal-3228	363	20	by	by	ADP
cjal-3228	363	21	safe	safe	ADJ
cjal-3228	363	22	,	,	PUNCT
cjal-3228	363	23	the	the	DET
cjal-3228	363	24	pbc	pbc	PROPN
cjal-3228	363	25	,	,	PUNCT
cjal-3228	363	26	or	or	CCONJ
cjal-3228	363	27	other	other	ADJ
cjal-3228	363	28	law	law	NOUN
cjal-3228	363	29	-	-	PUNCT
cjal-3228	363	30	making	make	VERB
cjal-3228	363	31	agencies	agency	NOUN
cjal-3228	363	32	.	.	PUNCT
cjal-3228	363	33	'	'	PUNCT
cjal-3228	364	1	for	for	ADP
cjal-3228	364	2	instance	instance	NOUN
cjal-3228	364	3	,	,	PUNCT
cjal-3228	364	4	article	article	NOUN
cjal-3228	364	5	10	10	NUM
cjal-3228	364	6	of	of	ADP
cjal-3228	364	7	the	the	DET
cjal-3228	364	8	forex	forex	ADJ
cjal-3228	364	9	regulations	regulation	NOUN
cjal-3228	364	10	requires	require	VERB
cjal-3228	364	11	that	that	SCONJ
cjal-3228	364	12	all	all	DET
cjal-3228	364	13	foreign	foreign	ADJ
cjal-3228	364	14	currency	currency	NOUN
cjal-3228	364	15	earnings	earning	NOUN
cjal-3228	364	16	from	from	ADP
cjal-3228	364	17	current	current	ADJ
cjal-3228	364	18	account	account	NOUN
cjal-3228	364	19	transactions	transaction	NOUN
cjal-3228	364	20	be	be	AUX
cjal-3228	364	21	repatriated	repatriate	VERB
cjal-3228	364	22	and	and	CCONJ
cjal-3228	364	23	either	either	CCONJ
cjal-3228	364	24	converted	convert	VERB
cjal-3228	364	25	into	into	ADP
cjal-3228	364	26	rmb	rmb	NOUN
cjal-3228	364	27	or	or	CCONJ
cjal-3228	364	28	deposited	deposit	VERB
cjal-3228	364	29	in	in	ADP
cjal-3228	364	30	a	a	DET
cjal-3228	364	31	foreign	foreign	ADJ
cjal-3228	364	32	exchange	exchange	NOUN
cjal-3228	364	33	bank	bank	PROPN
cjal-3228	364	34	account	account	NOUN
cjal-3228	364	35	.	.	PUNCT
cjal-3228	365	1	however	however	ADV
cjal-3228	365	2	,	,	PUNCT
cjal-3228	365	3	the	the	DET
cjal-3228	365	4	specifics	specific	NOUN
cjal-3228	365	5	as	as	ADP
cjal-3228	365	6	to	to	ADP
cjal-3228	365	7	who	who	PRON
cjal-3228	365	8	can	can	AUX
cjal-3228	365	9	open	open	VERB
cjal-3228	365	10	a	a	DET
cjal-3228	365	11	forex	forex	ADJ
cjal-3228	365	12	account	account	NOUN
cjal-3228	365	13	,	,	PUNCT
cjal-3228	365	14	how	how	SCONJ
cjal-3228	365	15	much	much	ADJ
cjal-3228	365	16	can	can	AUX
cjal-3228	365	17	be	be	AUX
cjal-3228	365	18	deposited	deposit	VERB
cjal-3228	365	19	,	,	PUNCT
cjal-3228	365	20	restrictions	restriction	NOUN
cjal-3228	365	21	on	on	ADP
cjal-3228	365	22	use	use	NOUN
cjal-3228	365	23	of	of	ADP
cjal-3228	365	24	the	the	DET
cjal-3228	365	25	account	account	NOUN
cjal-3228	365	26	,	,	PUNCT
cjal-3228	365	27	disclosure	disclosure	NOUN
cjal-3228	365	28	requirements	requirement	NOUN
cjal-3228	365	29	,	,	PUNCT
cjal-3228	365	30	etc	etc	X
cjal-3228	365	31	.	.	X
cjal-3228	365	32	,	,	PUNCT
cjal-3228	365	33	are	be	AUX
cjal-3228	365	34	only	only	ADV
cjal-3228	365	35	handled	handle	VERB
cjal-3228	365	36	by	by	ADP
cjal-3228	365	37	additional	additional	ADJ
cjal-3228	365	38	regulations	regulation	NOUN
cjal-3228	365	39	,	,	PUNCT
cjal-3228	365	40	such	such	ADJ
cjal-3228	365	41	as	as	ADP
cjal-3228	365	42	the	the	DET
cjal-3228	365	43	administrative	administrative	ADJ
cjal-3228	365	44	provisions	provision	NOUN
cjal-3228	365	45	on	on	ADP
cjal-3228	365	46	management	management	NOUN
cjal-3228	365	47	of	of	ADP
cjal-3228	365	48	domestic	domestic	ADJ
cjal-3228	365	49	foreign	foreign	ADJ
cjal-3228	365	50	exchange	exchange	NOUN
cjal-3228	365	51	accounts	account	NOUN
cjal-3228	365	52	(	(	PUNCT
cjal-3228	365	53	forex	forex	ADJ
cjal-3228	365	54	account	account	NOUN
cjal-3228	365	55	provisions	provision	NOUN
cjal-3228	365	56	)	)	PUNCT
cjal-3228	365	57	,	,	PUNCT
cjal-3228	365	58	"	"	PUNCT
cjal-3228	365	59	issued	issue	VERB
cjal-3228	365	60	by	by	ADP
cjal-3228	365	61	the	the	DET
cjal-3228	365	62	pbc	pbc	PROPN
cjal-3228	365	63	,	,	PUNCT
cjal-3228	365	64	or	or	CCONJ
cjal-3228	365	65	the	the	DET
cjal-3228	365	66	detailed	detailed	ADJ
cjal-3228	365	67	implementation	implementation	NOUN
cjal-3228	365	68	rules	rule	NOUN
cjal-3228	365	69	for	for	ADP
cjal-3228	365	70	management	management	NOUN
cjal-3228	365	71	of	of	ADP
cjal-3228	365	72	domestic	domestic	ADJ
cjal-3228	365	73	institution	institution	NOUN
cjal-3228	365	74	current	current	ADJ
cjal-3228	365	75	account	account	NOUN
cjal-3228	365	76	foreign	foreign	ADJ
cjal-3228	365	77	exchange	exchange	NOUN
cjal-3228	365	78	accounts	account	NOUN
cjal-3228	365	79	(	(	PUNCT
cjal-3228	365	80	current	current	ADJ
cjal-3228	365	81	account	account	NOUN
cjal-3228	365	82	forex	forex	PROPN
cjal-3228	365	83	account	account	PROPN
cjal-3228	365	84	rules),7	rules),7	NOUN
cjal-3228	365	85	'	'	PUNCT
cjal-3228	365	86	issued	issue	VERB
cjal-3228	365	87	by	by	ADP
cjal-3228	365	88	safe	safe	ADJ
cjal-3228	365	89	.	.	PUNCT
cjal-3228	366	1	as	as	SCONJ
cjal-3228	366	2	china	china	PROPN
cjal-3228	366	3	's	's	PART
cjal-3228	366	4	legal	legal	ADJ
cjal-3228	366	5	system	system	NOUN
cjal-3228	366	6	and	and	CCONJ
cjal-3228	366	7	foreign	foreign	ADJ
cjal-3228	366	8	exchange	exchange	NOUN
cjal-3228	366	9	regime	regime	NOUN
cjal-3228	366	10	have	have	AUX
cjal-3228	366	11	matured	mature	VERB
cjal-3228	366	12	in	in	ADP
cjal-3228	366	13	recent	recent	ADJ
cjal-3228	366	14	years	year	NOUN
cjal-3228	366	15	,	,	PUNCT
cjal-3228	366	16	foreign	foreign	ADJ
cjal-3228	366	17	exchange	exchange	NOUN
cjal-3228	366	18	regulations	regulation	NOUN
cjal-3228	366	19	,	,	PUNCT
cjal-3228	366	20	especially	especially	ADV
cjal-3228	366	21	tertiary	tertiary	ADJ
cjal-3228	366	22	regulations	regulation	NOUN
cjal-3228	366	23	issued	issue	VERB
cjal-3228	366	24	by	by	ADP
cjal-3228	366	25	safe	safe	ADJ
cjal-3228	366	26	,	,	PUNCT
cjal-3228	366	27	have	have	AUX
cjal-3228	366	28	proliferated	proliferate	VERB
cjal-3228	366	29	,	,	PUNCT
cjal-3228	366	30	creating	create	VERB
cjal-3228	366	31	a	a	DET
cjal-3228	366	32	veritable	veritable	ADJ
cjal-3228	366	33	labyrinth	labyrinth	NOUN
cjal-3228	366	34	of	of	ADP
cjal-3228	366	35	rules	rule	NOUN
cjal-3228	366	36	and	and	CCONJ
cjal-3228	366	37	regulations.72	regulations.72	NOUN
cjal-3228	366	38	while	while	SCONJ
cjal-3228	366	39	the	the	DET
cjal-3228	366	40	present	present	ADJ
cjal-3228	366	41	system	system	NOUN
cjal-3228	366	42	may	may	AUX
cjal-3228	366	43	be	be	AUX
cjal-3228	366	44	inconveniently	inconveniently	ADV
cjal-3228	366	45	complex	complex	ADJ
cjal-3228	366	46	and	and	CCONJ
cjal-3228	366	47	opaque	opaque	NOUN
cjal-3228	366	48	for	for	SCONJ
cjal-3228	366	49	the	the	DET
cjal-3228	366	50	average	average	ADJ
cjal-3228	366	51	individual	individual	NOUN
cjal-3228	366	52	or	or	CCONJ
cjal-3228	366	53	business	business	NOUN
cjal-3228	366	54	to	to	PART
cjal-3228	366	55	easily	easily	ADV
cjal-3228	366	56	comprehend	comprehend	VERB
cjal-3228	366	57	,	,	PUNCT
cjal-3228	366	58	"	"	PUNCT
cjal-3228	366	59	the	the	DET
cjal-3228	366	60	proliferation	proliferation	NOUN
cjal-3228	366	61	of	of	ADP
cjal-3228	366	62	discrete	discrete	ADJ
cjal-3228	366	63	69chinese	69chinese	ADJ
cjal-3228	366	64	national	national	ADJ
cjal-3228	366	65	laws	law	NOUN
cjal-3228	366	66	can	can	AUX
cjal-3228	366	67	be	be	AUX
cjal-3228	366	68	divided	divide	VERB
cjal-3228	366	69	into	into	ADP
cjal-3228	366	70	three	three	NUM
cjal-3228	366	71	tiers	tier	NOUN
cjal-3228	366	72	:	:	PUNCT
cjal-3228	366	73	primary	primary	ADJ
cjal-3228	366	74	legislation	legislation	NOUN
cjal-3228	366	75	,	,	PUNCT
cjal-3228	366	76	issued	issue	VERB
cjal-3228	366	77	by	by	ADP
cjal-3228	366	78	the	the	DET
cjal-3228	366	79	national	national	PROPN
cjal-3228	366	80	people	people	PROPN
cjal-3228	366	81	's	's	PART
cjal-3228	366	82	congress	congress	PROPN
cjal-3228	366	83	,	,	PUNCT
cjal-3228	366	84	secondary	secondary	ADJ
cjal-3228	366	85	regulations	regulation	NOUN
cjal-3228	366	86	,	,	PUNCT
cjal-3228	366	87	issued	issue	VERB
cjal-3228	366	88	by	by	ADP
cjal-3228	366	89	the	the	DET
cjal-3228	366	90	state	state	PROPN
cjal-3228	366	91	council	council	NOUN
cjal-3228	366	92	,	,	PUNCT
cjal-3228	366	93	and	and	CCONJ
cjal-3228	366	94	tertiary	tertiary	ADJ
cjal-3228	366	95	regulations	regulation	NOUN
cjal-3228	366	96	,	,	PUNCT
cjal-3228	366	97	issued	issue	VERB
cjal-3228	366	98	by	by	ADP
cjal-3228	366	99	ministries	ministry	NOUN
cjal-3228	366	100	and	and	CCONJ
cjal-3228	366	101	bureaus	bureaus	NOUN
cjal-3228	366	102	below	below	ADP
cjal-3228	366	103	the	the	DET
cjal-3228	366	104	state	state	NOUN
cjal-3228	366	105	council	council	PROPN
cjal-3228	366	106	.	.	PUNCT
cjal-3228	367	1	see	see	VERB
cjal-3228	367	2	perry	perry	PROPN
cjal-3228	367	3	keller	keller	PROPN
cjal-3228	367	4	,	,	PUNCT
cjal-3228	367	5	sources	source	NOUN
cjal-3228	367	6	of	of	ADP
cjal-3228	367	7	order	order	NOUN
cjal-3228	367	8	in	in	ADP
cjal-3228	367	9	chinese	chinese	ADJ
cjal-3228	367	10	law	law	NOUN
cjal-3228	367	11	,	,	PUNCT
cjal-3228	367	12	am	be	AUX
cjal-3228	367	13	.	.	PUNCT
cjal-3228	368	1	j.	j.	PROPN
cjal-3228	368	2	of	of	ADP
cjal-3228	368	3	com	com	PROPN
cjal-3228	368	4	.	.	PUNCT
cjal-3228	368	5	law	law	PROPN
cjal-3228	368	6	42	42	NUM
cjal-3228	368	7	,	,	PUNCT
cjal-3228	368	8	711	711	NUM
cjal-3228	368	9	,	,	PUNCT
cjal-3228	368	10	726	726	NUM
cjal-3228	368	11	(	(	PUNCT
cjal-3228	368	12	1994	1994	NUM
cjal-3228	368	13	)	)	PUNCT
cjal-3228	368	14	.	.	PUNCT
cjal-3228	369	1	70	70	NUM
cjal-3228	369	2	jingnei	jingnei	PROPN
cjal-3228	369	3	waihui	waihui	PROPN
cjal-3228	369	4	zhanghu	zhanghu	PROPN
cjal-3228	369	5	guanli	guanli	PROPN
cjal-3228	369	6	guiding	guiding	NOUN
cjal-3228	369	7	,	,	PUNCT
cjal-3228	369	8	promulgated	promulgate	VERB
cjal-3228	369	9	by	by	ADP
cjal-3228	369	10	the	the	DET
cjal-3228	369	11	pbc	pbc	PROPN
cjal-3228	369	12	on	on	ADP
cjal-3228	369	13	oct	oct	PROPN
cjal-3228	369	14	.	.	PROPN
cjal-3228	369	15	7	7	NUM
cjal-3228	369	16	,	,	PUNCT
cjal-3228	369	17	1997	1997	NUM
cjal-3228	369	18	and	and	CCONJ
cjal-3228	369	19	effective	effective	ADJ
cjal-3228	369	20	as	as	ADP
cjal-3228	369	21	ofoct	ofoct	NOUN
cjal-3228	369	22	.	.	PUNCT
cjal-3228	369	23	15	15	NUM
cjal-3228	369	24	,	,	PUNCT
cjal-3228	369	25	1997	1997	NUM
cjal-3228	369	26	.	.	PUNCT
cjal-3228	370	1	71	71	NUM
cjal-3228	370	2	jingnei	jingnei	NOUN
cjal-3228	370	3	jigou	jigou	PROPN
cjal-3228	370	4	jingchang	jingchang	PROPN
cjal-3228	370	5	xiangmu	xiangmu	PROPN
cjal-3228	370	6	waihui	waihui	PROPN
cjal-3228	370	7	zhanghu	zhanghu	PROPN
cjal-3228	370	8	guanli	guanli	PROPN
cjal-3228	370	9	shishi	shishi	PROPN
cjal-3228	370	10	xize	xize	PROPN
cjal-3228	370	11	,	,	PUNCT
cjal-3228	370	12	promulgated	promulgate	VERB
cjal-3228	370	13	by	by	ADP
cjal-3228	370	14	safe	safe	ADJ
cjal-3228	370	15	on	on	ADP
cjal-3228	370	16	sept	sept	PROPN
cjal-3228	370	17	.	.	PROPN
cjal-3228	370	18	9	9	NUM
cjal-3228	370	19	,	,	PUNCT
cjal-3228	370	20	2002	2002	NUM
cjal-3228	370	21	and	and	CCONJ
cjal-3228	370	22	effective	effective	ADJ
cjal-3228	370	23	as	as	ADP
cjal-3228	370	24	of	of	ADP
cjal-3228	370	25	oct	oct	PROPN
cjal-3228	370	26	.	.	PROPN
cjal-3228	370	27	15	15	NUM
cjal-3228	370	28	,	,	PUNCT
cjal-3228	370	29	2002	2002	NUM
cjal-3228	370	30	.	.	PUNCT
cjal-3228	371	1	72	72	NUM
cjal-3228	371	2	the	the	DET
cjal-3228	371	3	safe	safe	ADJ
cjal-3228	371	4	website	website	NOUN
cjal-3228	371	5	lists	list	VERB
cjal-3228	371	6	hundreds	hundred	NOUN
cjal-3228	371	7	of	of	ADP
cjal-3228	371	8	regulations	regulation	NOUN
cjal-3228	371	9	,	,	PUNCT
cjal-3228	371	10	most	most	ADJ
cjal-3228	371	11	of	of	ADP
cjal-3228	371	12	which	which	PRON
cjal-3228	371	13	are	be	AUX
cjal-3228	371	14	issued	issue	VERB
cjal-3228	371	15	by	by	ADP
cjal-3228	371	16	safe	safe	ADJ
cjal-3228	371	17	.	.	PUNCT
cjal-3228	372	1	as	as	ADP
cjal-3228	372	2	of	of	ADP
cjal-3228	372	3	november	november	PROPN
cjal-3228	372	4	1	1	NUM
cjal-3228	372	5	,	,	PUNCT
cjal-3228	372	6	2003	2003	NUM
cjal-3228	372	7	,	,	PUNCT
cjal-3228	372	8	the	the	DET
cjal-3228	372	9	website	website	NOUN
cjal-3228	372	10	lists	list	VERB
cjal-3228	372	11	135	135	NUM
cjal-3228	372	12	active	active	ADJ
cjal-3228	372	13	regulations	regulation	NOUN
cjal-3228	372	14	pertaining	pertain	VERB
cjal-3228	372	15	to	to	ADP
cjal-3228	372	16	the	the	DET
cjal-3228	372	17	regulation	regulation	NOUN
cjal-3228	372	18	of	of	ADP
cjal-3228	372	19	current	current	ADJ
cjal-3228	372	20	account	account	NOUN
cjal-3228	372	21	transactions	transaction	NOUN
cjal-3228	372	22	alone	alone	ADV
cjal-3228	372	23	,	,	PUNCT
cjal-3228	372	24	of	of	ADP
cjal-3228	372	25	which	which	PRON
cjal-3228	372	26	78	78	NUM
cjal-3228	372	27	have	have	AUX
cjal-3228	372	28	been	be	AUX
cjal-3228	372	29	issued	issue	VERB
cjal-3228	372	30	since	since	SCONJ
cjal-3228	372	31	the	the	DET
cjal-3228	372	32	beginning	beginning	NOUN
cjal-3228	372	33	of	of	ADP
cjal-3228	372	34	2000	2000	NUM
cjal-3228	372	35	.	.	PUNCT
cjal-3228	373	1	73	73	NUM
cjal-3228	373	2	some	some	DET
cjal-3228	373	3	recent	recent	ADJ
cjal-3228	373	4	regulations	regulation	NOUN
cjal-3228	373	5	have	have	AUX
cjal-3228	373	6	attempted	attempt	VERB
cjal-3228	373	7	to	to	PART
cjal-3228	373	8	ameliorate	ameliorate	VERB
cjal-3228	373	9	the	the	DET
cjal-3228	373	10	complexity	complexity	NOUN
cjal-3228	373	11	of	of	ADP
cjal-3228	373	12	the	the	DET
cjal-3228	373	13	current	current	ADJ
cjal-3228	373	14	regulatory	regulatory	ADJ
cjal-3228	373	15	regime	regime	NOUN
cjal-3228	373	16	by	by	ADP
cjal-3228	373	17	consolidating	consolidate	VERB
cjal-3228	373	18	and	and	CCONJ
cjal-3228	373	19	systematizing	systematize	VERB
cjal-3228	373	20	administrative	administrative	ADJ
cjal-3228	373	21	procedures	procedure	NOUN
cjal-3228	373	22	.	.	PUNCT
cjal-3228	374	1	see	see	VERB
cjal-3228	374	2	,	,	PUNCT
cjal-3228	374	3	e.g.	e.g.	ADV
cjal-3228	374	4	,	,	PUNCT
cjal-3228	374	5	feimaoyi	feimaoyi	PROPN
cjal-3228	374	6	shoufuhui	shoufuhui	PROPN
cjal-3228	374	7	ji	ji	PROPN
cjal-3228	374	8	jingnei	jingnei	PROPN
cjal-3228	374	9	jumin	jumin	PROPN
cjal-3228	374	10	geren	geren	PROPN
cjal-3228	374	11	waihui	waihui	PROPN
cjal-3228	374	12	shouzhi	shouzhi	PROPN
cjal-3228	374	13	guanli	guanli	PROPN
cjal-3228	374	14	caozuo	caozuo	PROPN
cjal-3228	374	15	guicheng	guicheng	PROPN
cjal-3228	374	16	(	(	PUNCT
cjal-3228	374	17	shizing	shizing	NOUN
cjal-3228	374	18	)	)	PUNCT
cjal-3228	375	1	[	[	X
cjal-3228	375	2	administrative	administrative	ADJ
cjal-3228	375	3	procedures	procedure	NOUN
cjal-3228	375	4	for	for	ADP
cjal-3228	375	5	management	management	NOUN
cjal-3228	375	6	of	of	ADP
cjal-3228	375	7	buying	buying	NOUN
cjal-3228	375	8	and	and	CCONJ
cjal-3228	375	9	selling	sell	VERB
cjal-3228	375	10	foreign	foreign	ADJ
cjal-3228	375	11	exchange	exchange	NOUN
cjal-3228	375	12	for	for	ADP
cjal-3228	375	13	non	non	ADJ
cjal-3228	375	14	-	-	ADJ
cjal-3228	375	15	trade	trade	ADJ
cjal-3228	375	16	[	[	X
cjal-3228	375	17	17:2	17:2	NUM
cjal-3228	375	18	china	china	PROPN
cjal-3228	375	19	's	's	PART
cjal-3228	375	20	system	system	NOUN
cjal-3228	375	21	of	of	ADP
cjal-3228	375	22	foreign	foreign	ADJ
cjal-3228	375	23	exchange	exchange	NOUN
cjal-3228	375	24	regulations	regulation	NOUN
cjal-3228	375	25	has	have	AUX
cjal-3228	375	26	greatly	greatly	ADV
cjal-3228	375	27	added	add	VERB
cjal-3228	375	28	to	to	ADP
cjal-3228	375	29	the	the	DET
cjal-3228	375	30	sophistication	sophistication	NOUN
cjal-3228	375	31	and	and	CCONJ
cjal-3228	375	32	presumably	presumably	ADV
cjal-3228	375	33	the	the	DET
cjal-3228	375	34	predictability	predictability	NOUN
cjal-3228	375	35	of	of	ADP
cjal-3228	375	36	the	the	DET
cjal-3228	375	37	foreign	foreign	ADJ
cjal-3228	375	38	exchange	exchange	NOUN
cjal-3228	375	39	administrative	administrative	ADJ
cjal-3228	375	40	regime	regime	NOUN
cjal-3228	375	41	.	.	PUNCT
cjal-3228	376	1	moreover	moreover	ADV
cjal-3228	376	2	,	,	PUNCT
cjal-3228	376	3	this	this	DET
cjal-3228	376	4	trend	trend	NOUN
cjal-3228	376	5	should	should	AUX
cjal-3228	376	6	be	be	AUX
cjal-3228	376	7	pleasing	pleasing	ADJ
cjal-3228	376	8	to	to	ADP
cjal-3228	376	9	those	those	PRON
cjal-3228	376	10	critical	critical	ADJ
cjal-3228	376	11	of	of	ADP
cjal-3228	376	12	the	the	DET
cjal-3228	376	13	vagueness	vagueness	NOUN
cjal-3228	376	14	and	and	CCONJ
cjal-3228	376	15	indeterminacy	indeterminacy	NOUN
cjal-3228	376	16	that	that	PRON
cjal-3228	376	17	has	have	AUX
cjal-3228	376	18	traditionally	traditionally	ADV
cjal-3228	376	19	permeated	permeate	VERB
cjal-3228	376	20	chinese	chinese	ADJ
cjal-3228	376	21	legislation	legislation	NOUN
cjal-3228	376	22	.	.	PUNCT
cjal-3228	377	1	to	to	ADP
cjal-3228	377	2	some	some	DET
cjal-3228	377	3	extent	extent	NOUN
cjal-3228	377	4	,	,	PUNCT
cjal-3228	377	5	the	the	DET
cjal-3228	377	6	maze	maze	NOUN
cjal-3228	377	7	of	of	ADP
cjal-3228	377	8	regulations	regulation	NOUN
cjal-3228	377	9	may	may	AUX
cjal-3228	377	10	be	be	AUX
cjal-3228	377	11	an	an	DET
cjal-3228	377	12	unavoidable	unavoidable	ADJ
cjal-3228	377	13	by	by	ADP
cjal-3228	377	14	-	-	PUNCT
cjal-3228	377	15	product	product	NOUN
cjal-3228	377	16	of	of	ADP
cjal-3228	377	17	the	the	DET
cjal-3228	377	18	transitional	transitional	ADJ
cjal-3228	377	19	state	state	NOUN
cjal-3228	377	20	of	of	ADP
cjal-3228	377	21	china	china	PROPN
cjal-3228	377	22	's	's	PART
cjal-3228	377	23	present	present	ADJ
cjal-3228	377	24	foreign	foreign	ADJ
cjal-3228	377	25	exchange	exchange	NOUN
cjal-3228	377	26	system	system	NOUN
cjal-3228	377	27	.	.	PUNCT
cjal-3228	378	1	as	as	SCONJ
cjal-3228	378	2	china	china	PROPN
cjal-3228	378	3	gradually	gradually	ADV
cjal-3228	378	4	opens	open	VERB
cjal-3228	378	5	its	its	PRON
cjal-3228	378	6	capital	capital	NOUN
cjal-3228	378	7	account	account	NOUN
cjal-3228	378	8	and	and	CCONJ
cjal-3228	378	9	deregulates	deregulate	VERB
cjal-3228	378	10	current	current	ADJ
cjal-3228	378	11	account	account	NOUN
cjal-3228	378	12	transactions	transaction	NOUN
cjal-3228	378	13	,	,	PUNCT
cjal-3228	378	14	the	the	DET
cjal-3228	378	15	financial	financial	ADJ
cjal-3228	378	16	sector	sector	NOUN
cjal-3228	378	17	,	,	PUNCT
cjal-3228	378	18	and	and	CCONJ
cjal-3228	378	19	the	the	DET
cjal-3228	378	20	foreign	foreign	ADJ
cjal-3228	378	21	exchange	exchange	NOUN
cjal-3228	378	22	market	market	NOUN
cjal-3228	378	23	,	,	PUNCT
cjal-3228	378	24	piecemeal	piecemeal	ADJ
cjal-3228	378	25	and	and	CCONJ
cjal-3228	378	26	ad	ad	X
cjal-3228	378	27	hoc	hoc	X
cjal-3228	378	28	reforms	reform	NOUN
cjal-3228	378	29	,	,	PUNCT
cjal-3228	378	30	which	which	PRON
cjal-3228	378	31	tend	tend	VERB
cjal-3228	378	32	to	to	PART
cjal-3228	378	33	take	take	VERB
cjal-3228	378	34	the	the	DET
cjal-3228	378	35	form	form	NOUN
cjal-3228	378	36	of	of	ADP
cjal-3228	378	37	short	short	ADJ
cjal-3228	378	38	-	-	PUNCT
cjal-3228	378	39	term	term	NOUN
cjal-3228	378	40	,	,	PUNCT
cjal-3228	378	41	detailed	detailed	ADJ
cjal-3228	378	42	regulatory	regulatory	ADJ
cjal-3228	378	43	notices	notice	NOUN
cjal-3228	378	44	,	,	PUNCT
cjal-3228	378	45	may	may	AUX
cjal-3228	378	46	be	be	AUX
cjal-3228	378	47	necessary	necessary	ADJ
cjal-3228	378	48	to	to	PART
cjal-3228	378	49	avoid	avoid	VERB
cjal-3228	378	50	complete	complete	ADJ
cjal-3228	378	51	confusion	confusion	NOUN
cjal-3228	378	52	or	or	CCONJ
cjal-3228	378	53	undesirable	undesirable	ADJ
cjal-3228	378	54	discretion	discretion	NOUN
cjal-3228	378	55	on	on	ADP
cjal-3228	378	56	the	the	DET
cjal-3228	378	57	part	part	NOUN
cjal-3228	378	58	of	of	ADP
cjal-3228	378	59	local	local	ADJ
cjal-3228	378	60	bureaucrats	bureaucrat	NOUN
cjal-3228	378	61	.	.	PUNCT
cjal-3228	379	1	in	in	ADP
cjal-3228	379	2	spite	spite	NOUN
cjal-3228	379	3	of	of	ADP
cjal-3228	379	4	the	the	DET
cjal-3228	379	5	growing	grow	VERB
cjal-3228	379	6	complexity	complexity	NOUN
cjal-3228	379	7	of	of	ADP
cjal-3228	379	8	china	china	PROPN
cjal-3228	379	9	's	's	PART
cjal-3228	379	10	foreign	foreign	ADJ
cjal-3228	379	11	exchange	exchange	NOUN
cjal-3228	379	12	regulatory	regulatory	ADJ
cjal-3228	379	13	framework	framework	NOUN
cjal-3228	379	14	,	,	PUNCT
cjal-3228	379	15	there	there	PRON
cjal-3228	379	16	remains	remain	VERB
cjal-3228	379	17	a	a	DET
cjal-3228	379	18	basic	basic	ADJ
cjal-3228	379	19	internal	internal	ADJ
cjal-3228	379	20	rationale	rationale	NOUN
cjal-3228	379	21	and	and	CCONJ
cjal-3228	379	22	structure	structure	NOUN
cjal-3228	379	23	to	to	ADP
cjal-3228	379	24	the	the	DET
cjal-3228	379	25	foreign	foreign	ADJ
cjal-3228	379	26	exchange	exchange	NOUN
cjal-3228	379	27	system	system	NOUN
cjal-3228	379	28	as	as	SCONJ
cjal-3228	379	29	set	set	VERB
cjal-3228	379	30	forth	forth	ADP
cjal-3228	379	31	in	in	ADP
cjal-3228	379	32	the	the	DET
cjal-3228	379	33	forex	forex	ADJ
cjal-3228	379	34	regulations	regulation	NOUN
cjal-3228	379	35	and	and	CCONJ
cjal-3228	379	36	elaborated	elaborate	VERB
cjal-3228	379	37	in	in	ADP
cjal-3228	379	38	subsequent	subsequent	ADJ
cjal-3228	379	39	rules	rule	NOUN
cjal-3228	379	40	.	.	PUNCT
cjal-3228	380	1	the	the	DET
cjal-3228	380	2	contemporary	contemporary	ADJ
cjal-3228	380	3	legal	legal	ADJ
cjal-3228	380	4	regime	regime	NOUN
cjal-3228	380	5	is	be	AUX
cjal-3228	380	6	designed	design	VERB
cjal-3228	380	7	,	,	PUNCT
cjal-3228	380	8	as	as	SCONJ
cjal-3228	380	9	it	it	PRON
cjal-3228	380	10	has	have	AUX
cjal-3228	380	11	been	be	AUX
cjal-3228	380	12	since	since	SCONJ
cjal-3228	380	13	the	the	DET
cjal-3228	380	14	beginning	beginning	NOUN
cjal-3228	380	15	of	of	ADP
cjal-3228	380	16	the	the	DET
cjal-3228	380	17	reform	reform	NOUN
cjal-3228	380	18	era	era	NOUN
cjal-3228	380	19	in	in	ADP
cjal-3228	380	20	1979	1979	NUM
cjal-3228	380	21	,	,	PUNCT
cjal-3228	380	22	to	to	PART
cjal-3228	380	23	serve	serve	VERB
cjal-3228	380	24	china	china	PROPN
cjal-3228	380	25	's	's	PART
cjal-3228	380	26	overall	overall	ADJ
cjal-3228	380	27	economic	economic	ADJ
cjal-3228	380	28	development	development	NOUN
cjal-3228	380	29	goals.74	goals.74	PROPN
cjal-3228	380	30	under	under	ADP
cjal-3228	380	31	the	the	DET
cjal-3228	380	32	present	present	ADJ
cjal-3228	380	33	foreign	foreign	ADJ
cjal-3228	380	34	exchange	exchange	NOUN
cjal-3228	380	35	regime	regime	NOUN
cjal-3228	380	36	,	,	PUNCT
cjal-3228	380	37	these	these	DET
cjal-3228	380	38	goals	goal	NOUN
cjal-3228	380	39	principally	principally	ADV
cjal-3228	380	40	include	include	VERB
cjal-3228	380	41	1	1	NUM
cjal-3228	380	42	)	)	PUNCT
cjal-3228	380	43	promoting	promote	VERB
cjal-3228	380	44	international	international	ADJ
cjal-3228	380	45	trade	trade	NOUN
cjal-3228	380	46	,	,	PUNCT
cjal-3228	380	47	foreign	foreign	ADJ
cjal-3228	380	48	investment	investment	NOUN
cjal-3228	380	49	into	into	ADP
cjal-3228	380	50	china	china	PROPN
cjal-3228	380	51	,	,	PUNCT
cjal-3228	380	52	and	and	CCONJ
cjal-3228	380	53	technology	technology	NOUN
cjal-3228	380	54	transfers	transfer	NOUN
cjal-3228	380	55	to	to	ADP
cjal-3228	380	56	china	china	PROPN
cjal-3228	380	57	,	,	PUNCT
cjal-3228	380	58	2	2	X
cjal-3228	380	59	)	)	PUNCT
cjal-3228	380	60	ensuring	ensure	VERB
cjal-3228	380	61	the	the	DET
cjal-3228	380	62	international	international	ADJ
cjal-3228	380	63	competitiveness	competitiveness	NOUN
cjal-3228	380	64	of	of	ADP
cjal-3228	380	65	china	china	PROPN
cjal-3228	380	66	's	's	PART
cjal-3228	380	67	exports	export	NOUN
cjal-3228	380	68	and	and	CCONJ
cjal-3228	380	69	a	a	DET
cjal-3228	380	70	balance	balance	NOUN
cjal-3228	380	71	of	of	ADP
cjal-3228	380	72	payments	payment	NOUN
cjal-3228	380	73	surplus	surplus	NOUN
cjal-3228	380	74	,	,	PUNCT
cjal-3228	380	75	and	and	CCONJ
cjal-3228	380	76	3	3	X
cjal-3228	380	77	)	)	PUNCT
cjal-3228	380	78	preventing	prevent	VERB
cjal-3228	380	79	large	large	ADJ
cjal-3228	380	80	foreign	foreign	ADJ
cjal-3228	380	81	currency	currency	NOUN
cjal-3228	380	82	debt	debt	NOUN
cjal-3228	380	83	burdens	burden	NOUN
cjal-3228	380	84	or	or	CCONJ
cjal-3228	380	85	unstable	unstable	ADJ
cjal-3228	380	86	capital	capital	NOUN
cjal-3228	380	87	flows	flow	NOUN
cjal-3228	380	88	.	.	PUNCT
cjal-3228	381	1	china	china	PROPN
cjal-3228	381	2	's	's	PART
cjal-3228	381	3	foreign	foreign	ADJ
cjal-3228	381	4	exchange	exchange	NOUN
cjal-3228	381	5	system	system	NOUN
cjal-3228	381	6	has	have	AUX
cjal-3228	381	7	been	be	AUX
cjal-3228	381	8	designed	design	VERB
cjal-3228	381	9	to	to	PART
cjal-3228	381	10	accomplish	accomplish	VERB
cjal-3228	381	11	these	these	DET
cjal-3228	381	12	goals	goal	NOUN
cjal-3228	381	13	through	through	ADP
cjal-3228	381	14	two	two	NUM
cjal-3228	381	15	tiers	tier	NOUN
cjal-3228	381	16	of	of	ADP
cjal-3228	381	17	regulations	regulation	NOUN
cjal-3228	381	18	:	:	PUNCT
cjal-3228	381	19	1	1	X
cjal-3228	381	20	.	.	X
cjal-3228	381	21	control	control	NOUN
cjal-3228	381	22	of	of	ADP
cjal-3228	381	23	the	the	DET
cjal-3228	381	24	supply	supply	NOUN
cjal-3228	381	25	and	and	CCONJ
cjal-3228	381	26	demand	demand	NOUN
cjal-3228	381	27	of	of	ADP
cjal-3228	381	28	foreign	foreign	ADJ
cjal-3228	381	29	currency	currency	NOUN
cjal-3228	381	30	vis	vis	X
cjal-3228	381	31	-	-	PUNCT
cjal-3228	381	32	a	a	DET
cjal-3228	381	33	-	-	PUNCT
cjal-3228	381	34	vis	vis	X
cjal-3228	381	35	regulation	regulation	NOUN
cjal-3228	381	36	of	of	ADP
cjal-3228	381	37	current	current	ADJ
cjal-3228	381	38	account	account	NOUN
cjal-3228	381	39	and	and	CCONJ
cjal-3228	381	40	capital	capital	NOUN
cjal-3228	381	41	account	account	NOUN
cjal-3228	381	42	transactions	transaction	NOUN
cjal-3228	381	43	,	,	PUNCT
cjal-3228	381	44	and	and	CCONJ
cjal-3228	381	45	2	2	X
cjal-3228	381	46	.	.	X
cjal-3228	381	47	control	control	NOUN
cjal-3228	381	48	of	of	ADP
cjal-3228	381	49	exchange	exchange	NOUN
cjal-3228	381	50	rate	rate	NOUN
cjal-3228	381	51	movements	movement	NOUN
cjal-3228	381	52	vis	vis	X
cjal-3228	381	53	-	-	PUNCT
cjal-3228	381	54	a	a	DET
cjal-3228	381	55	-	-	PUNCT
cjal-3228	381	56	vis	vis	X
cjal-3228	381	57	regulation	regulation	NOUN
cjal-3228	381	58	of	of	ADP
cjal-3228	381	59	forex	forex	ADJ
cjal-3228	381	60	trading	trading	NOUN
cjal-3228	381	61	and	and	CCONJ
cjal-3228	381	62	central	central	ADJ
cjal-3228	381	63	bank	bank	NOUN
cjal-3228	381	64	intervention	intervention	NOUN
cjal-3228	381	65	in	in	ADP
cjal-3228	381	66	the	the	DET
cjal-3228	381	67	interbank	interbank	NOUN
cjal-3228	381	68	market	market	NOUN
cjal-3228	381	69	.	.	PUNCT
cjal-3228	382	1	transactions	transaction	NOUN
cjal-3228	382	2	and	and	CCONJ
cjal-3228	382	3	foreign	foreign	ADJ
cjal-3228	382	4	exchange	exchange	NOUN
cjal-3228	382	5	payments	payment	NOUN
cjal-3228	382	6	by	by	ADP
cjal-3228	382	7	individual	individual	ADJ
cjal-3228	382	8	domestic	domestic	ADJ
cjal-3228	382	9	residents	resident	NOUN
cjal-3228	382	10	(	(	PUNCT
cjal-3228	382	11	temporary	temporary	ADJ
cjal-3228	382	12	)	)	PUNCT
cjal-3228	382	13	]	]	PUNCT
cjal-3228	382	14	,	,	PUNCT
cjal-3228	382	15	promulgated	promulgate	VERB
cjal-3228	382	16	by	by	ADP
cjal-3228	382	17	safe	safe	ADJ
cjal-3228	382	18	on	on	ADP
cjal-3228	382	19	mar	mar	PROPN
cjal-3228	382	20	.	.	PROPN
cjal-3228	382	21	18	18	NUM
cjal-3228	382	22	,	,	PUNCT
cjal-3228	382	23	2002	2002	NUM
cjal-3228	382	24	and	and	CCONJ
cjal-3228	382	25	effective	effective	ADJ
cjal-3228	382	26	as	as	ADP
cjal-3228	382	27	of	of	ADP
cjal-3228	382	28	may	may	PROPN
cjal-3228	382	29	1	1	NUM
cjal-3228	382	30	,	,	PUNCT
cjal-3228	382	31	2002	2002	NUM
cjal-3228	382	32	.	.	PUNCT
cjal-3228	383	1	also	also	ADV
cjal-3228	383	2	,	,	PUNCT
cjal-3228	383	3	the	the	DET
cjal-3228	383	4	launching	launching	NOUN
cjal-3228	383	5	of	of	ADP
cjal-3228	383	6	the	the	DET
cjal-3228	383	7	safe	safe	ADJ
cjal-3228	383	8	website	website	NOUN
cjal-3228	383	9	has	have	AUX
cjal-3228	383	10	greatly	greatly	ADV
cjal-3228	383	11	improved	improve	VERB
cjal-3228	383	12	the	the	DET
cjal-3228	383	13	transparency	transparency	NOUN
cjal-3228	383	14	and	and	CCONJ
cjal-3228	383	15	availability	availability	NOUN
cjal-3228	383	16	of	of	ADP
cjal-3228	383	17	foreign	foreign	ADJ
cjal-3228	383	18	exchange	exchange	NOUN
cjal-3228	383	19	regulations	regulation	NOUN
cjal-3228	383	20	.	.	PUNCT
cjal-3228	384	1	74	74	NUM
cjal-3228	384	2	art	art	NOUN
cjal-3228	384	3	.	.	PUNCT
cjal-3228	385	1	i	i	PRON
cjal-3228	385	2	of	of	ADP
cjal-3228	385	3	the	the	DET
cjal-3228	385	4	forex	forex	ADJ
cjal-3228	385	5	regulations	regulation	NOUN
cjal-3228	385	6	provides	provide	VERB
cjal-3228	385	7	three	three	NUM
cjal-3228	385	8	basic	basic	ADJ
cjal-3228	385	9	purposes	purpose	NOUN
cjal-3228	385	10	for	for	ADP
cjal-3228	385	11	the	the	DET
cjal-3228	385	12	law	law	NOUN
cjal-3228	385	13	:	:	PUNCT
cjal-3228	385	14	1	1	X
cjal-3228	385	15	.	.	X
cjal-3228	385	16	strengthening	strengthen	VERB
cjal-3228	385	17	the	the	DET
cjal-3228	385	18	management	management	NOUN
cjal-3228	385	19	of	of	ADP
cjal-3228	385	20	foreign	foreign	ADJ
cjal-3228	385	21	exchange	exchange	NOUN
cjal-3228	385	22	,	,	PUNCT
cjal-3228	385	23	2	2	X
cjal-3228	385	24	.	.	X
cjal-3228	385	25	maintaining	maintain	VERB
cjal-3228	385	26	the	the	DET
cjal-3228	385	27	international	international	ADJ
cjal-3228	385	28	balance	balance	NOUN
cjal-3228	385	29	of	of	ADP
cjal-3228	385	30	payments	payment	NOUN
cjal-3228	385	31	,	,	PUNCT
cjal-3228	385	32	and	and	CCONJ
cjal-3228	385	33	3	3	X
cjal-3228	385	34	.	.	X
cjal-3228	385	35	spurring	spur	VERB
cjal-3228	385	36	the	the	DET
cjal-3228	385	37	development	development	NOUN
cjal-3228	385	38	of	of	ADP
cjal-3228	385	39	a	a	DET
cjal-3228	385	40	healthy	healthy	ADJ
cjal-3228	385	41	economy	economy	NOUN
cjal-3228	385	42	for	for	ADP
cjal-3228	385	43	the	the	DET
cjal-3228	385	44	chinese	chinese	ADJ
cjal-3228	385	45	people	people	NOUN
cjal-3228	385	46	.	.	PUNCT
cjal-3228	386	1	2004	2004	NUM
cjal-3228	386	2	]	]	PUNCT
cjal-3228	386	3	columbia	columbia	PROPN
cjal-3228	386	4	journal	journal	PROPN
cjal-3228	386	5	of	of	ADP
cjal-3228	386	6	asian	asian	PROPN
cjal-3228	386	7	la	la	PROPN
cjal-3228	386	8	w	w	PROPN
cjal-3228	386	9	the	the	DET
cjal-3228	386	10	controls	control	NOUN
cjal-3228	386	11	on	on	ADP
cjal-3228	386	12	the	the	DET
cjal-3228	386	13	supply	supply	NOUN
cjal-3228	386	14	and	and	CCONJ
cjal-3228	386	15	demand	demand	NOUN
cjal-3228	386	16	of	of	ADP
cjal-3228	386	17	foreign	foreign	ADJ
cjal-3228	386	18	currency	currency	NOUN
cjal-3228	386	19	minimize	minimize	VERB
cjal-3228	386	20	the	the	DET
cjal-3228	386	21	threats	threat	NOUN
cjal-3228	386	22	related	relate	VERB
cjal-3228	386	23	to	to	ADP
cjal-3228	386	24	unstable	unstable	ADJ
cjal-3228	386	25	capital	capital	NOUN
cjal-3228	386	26	flows	flow	NOUN
cjal-3228	386	27	while	while	SCONJ
cjal-3228	386	28	trying	try	VERB
cjal-3228	386	29	to	to	PART
cjal-3228	386	30	avoid	avoid	VERB
cjal-3228	386	31	undue	undue	ADJ
cjal-3228	386	32	limitations	limitation	NOUN
cjal-3228	386	33	on	on	ADP
cjal-3228	386	34	the	the	DET
cjal-3228	386	35	growth	growth	NOUN
cjal-3228	386	36	of	of	ADP
cjal-3228	386	37	china	china	PROPN
cjal-3228	386	38	's	's	PART
cjal-3228	386	39	foreign	foreign	ADJ
cjal-3228	386	40	trade	trade	NOUN
cjal-3228	386	41	.	.	PUNCT
cjal-3228	387	1	exchange	exchange	NOUN
cjal-3228	387	2	rate	rate	NOUN
cjal-3228	387	3	controls	control	NOUN
cjal-3228	387	4	,	,	PUNCT
cjal-3228	387	5	meanwhile	meanwhile	ADV
cjal-3228	387	6	,	,	PUNCT
cjal-3228	387	7	are	be	AUX
cjal-3228	387	8	focused	focus	VERB
cjal-3228	387	9	on	on	ADP
cjal-3228	387	10	maintaining	maintain	VERB
cjal-3228	387	11	a	a	DET
cjal-3228	387	12	stable	stable	ADJ
cjal-3228	387	13	macroeconomic	macroeconomic	ADJ
cjal-3228	387	14	environment	environment	NOUN
cjal-3228	387	15	and	and	CCONJ
cjal-3228	387	16	a	a	DET
cjal-3228	387	17	competitively	competitively	ADV
cjal-3228	387	18	valued	value	VERB
cjal-3228	387	19	rmb	rmb	NOUN
cjal-3228	387	20	.	.	PUNCT
cjal-3228	388	1	as	as	SCONJ
cjal-3228	388	2	will	will	AUX
cjal-3228	388	3	be	be	AUX
cjal-3228	388	4	shown	show	VERB
cjal-3228	388	5	in	in	ADP
cjal-3228	388	6	the	the	DET
cjal-3228	388	7	following	follow	VERB
cjal-3228	388	8	two	two	NUM
cjal-3228	388	9	sections	section	NOUN
cjal-3228	388	10	,	,	PUNCT
cjal-3228	388	11	these	these	DET
cjal-3228	388	12	two	two	NUM
cjal-3228	388	13	levels	level	NOUN
cjal-3228	388	14	of	of	ADP
cjal-3228	388	15	regulation	regulation	NOUN
cjal-3228	388	16	are	be	AUX
cjal-3228	388	17	mutually	mutually	ADV
cjal-3228	388	18	reinforcing	reinforce	VERB
cjal-3228	388	19	.	.	PUNCT
cjal-3228	389	1	restrictions	restriction	NOUN
cjal-3228	389	2	on	on	ADP
cjal-3228	389	3	the	the	DET
cjal-3228	389	4	outflow	outflow	NOUN
cjal-3228	389	5	of	of	ADP
cjal-3228	389	6	foreign	foreign	ADJ
cjal-3228	389	7	currency	currency	NOUN
cjal-3228	389	8	both	both	CCONJ
cjal-3228	389	9	necessitate	necessitate	ADJ
cjal-3228	389	10	and	and	CCONJ
cjal-3228	389	11	facilitate	facilitate	ADJ
cjal-3228	389	12	exchange	exchange	NOUN
cjal-3228	389	13	rate	rate	NOUN
cjal-3228	389	14	controls	control	NOUN
cjal-3228	389	15	by	by	ADP
cjal-3228	389	16	creating	create	VERB
cjal-3228	389	17	a	a	DET
cjal-3228	389	18	chronic	chronic	ADJ
cjal-3228	389	19	oversupply	oversupply	NOUN
cjal-3228	389	20	of	of	ADP
cjal-3228	389	21	foreign	foreign	ADJ
cjal-3228	389	22	currency	currency	NOUN
cjal-3228	389	23	in	in	ADP
cjal-3228	389	24	the	the	DET
cjal-3228	389	25	interbank	interbank	ADJ
cjal-3228	389	26	forex	forex	ADJ
cjal-3228	389	27	market	market	NOUN
cjal-3228	389	28	,	,	PUNCT
cjal-3228	389	29	while	while	SCONJ
cjal-3228	389	30	tight	tight	ADJ
cjal-3228	389	31	regulation	regulation	NOUN
cjal-3228	389	32	of	of	ADP
cjal-3228	389	33	exchange	exchange	NOUN
cjal-3228	389	34	rate	rate	NOUN
cjal-3228	389	35	movements	movement	NOUN
cjal-3228	389	36	are	be	AUX
cjal-3228	389	37	sustainable	sustainable	ADJ
cjal-3228	389	38	in	in	ADP
cjal-3228	389	39	the	the	DET
cjal-3228	389	40	long	long	ADJ
cjal-3228	389	41	term	term	NOUN
cjal-3228	389	42	only	only	ADV
cjal-3228	389	43	under	under	ADP
cjal-3228	389	44	a	a	DET
cjal-3228	389	45	system	system	NOUN
cjal-3228	389	46	of	of	ADP
cjal-3228	389	47	restricted	restricted	ADJ
cjal-3228	389	48	capital	capital	NOUN
cjal-3228	389	49	flows	flow	NOUN
cjal-3228	389	50	.	.	PUNCT
cjal-3228	390	1	iv	iv	X
cjal-3228	390	2	.	.	PUNCT
cjal-3228	390	3	regulation	regulation	NOUN
cjal-3228	390	4	of	of	ADP
cjal-3228	390	5	the	the	DET
cjal-3228	390	6	supply	supply	NOUN
cjal-3228	390	7	and	and	CCONJ
cjal-3228	390	8	demand	demand	NOUN
cjal-3228	390	9	of	of	ADP
cjal-3228	390	10	foreign	foreign	ADJ
cjal-3228	390	11	currency	currency	NOUN
cjal-3228	390	12	a.	a.	PROPN
cjal-3228	390	13	current	current	PROPN
cjal-3228	390	14	account	account	NOUN
cjal-3228	390	15	vs.	vs.	ADP
cjal-3228	390	16	capital	capital	NOUN
cjal-3228	390	17	account	account	PROPN
cjal-3228	390	18	transactions	transactions	PROPN
cjal-3228	390	19	china	china	PROPN
cjal-3228	390	20	's	's	PART
cjal-3228	390	21	foreign	foreign	ADJ
cjal-3228	390	22	exchange	exchange	NOUN
cjal-3228	390	23	regulatory	regulatory	ADJ
cjal-3228	390	24	regime	regime	NOUN
cjal-3228	390	25	divides	divide	VERB
cjal-3228	390	26	all	all	DET
cjal-3228	390	27	international	international	ADJ
cjal-3228	390	28	transactions	transaction	NOUN
cjal-3228	390	29	into	into	ADP
cjal-3228	390	30	either	either	CCONJ
cjal-3228	390	31	current	current	ADJ
cjal-3228	390	32	account	account	NOUN
cjal-3228	390	33	transactions	transaction	NOUN
cjal-3228	390	34	or	or	CCONJ
cjal-3228	390	35	capital	capital	NOUN
cjal-3228	390	36	account	account	NOUN
cjal-3228	390	37	transactions	transaction	NOUN
cjal-3228	390	38	.	.	PUNCT
cjal-3228	391	1	the	the	DET
cjal-3228	391	2	degree	degree	NOUN
cjal-3228	391	3	of	of	ADP
cjal-3228	391	4	regulatory	regulatory	ADJ
cjal-3228	391	5	and	and	CCONJ
cjal-3228	391	6	administrative	administrative	ADJ
cjal-3228	391	7	oversight	oversight	NOUN
cjal-3228	391	8	any	any	DET
cjal-3228	391	9	individual	individual	ADJ
cjal-3228	391	10	transaction	transaction	NOUN
cjal-3228	391	11	will	will	AUX
cjal-3228	391	12	be	be	AUX
cjal-3228	391	13	subject	subject	ADJ
cjal-3228	391	14	to	to	ADP
cjal-3228	391	15	depends	depend	VERB
cjal-3228	391	16	significantly	significantly	ADV
cjal-3228	391	17	on	on	ADP
cjal-3228	391	18	this	this	DET
cjal-3228	391	19	designation	designation	NOUN
cjal-3228	391	20	,	,	PUNCT
cjal-3228	391	21	with	with	ADP
cjal-3228	391	22	current	current	ADJ
cjal-3228	391	23	account	account	NOUN
cjal-3228	391	24	transactions	transaction	NOUN
cjal-3228	391	25	generally	generally	ADV
cjal-3228	391	26	subject	subject	ADJ
cjal-3228	391	27	to	to	ADP
cjal-3228	391	28	indirect	indirect	ADJ
cjal-3228	391	29	and	and	CCONJ
cjal-3228	391	30	ex	ex	PRON
cjal-3228	391	31	post	post	NOUN
cjal-3228	391	32	regulation	regulation	NOUN
cjal-3228	391	33	,	,	PUNCT
cjal-3228	391	34	while	while	SCONJ
cjal-3228	391	35	capital	capital	NOUN
cjal-3228	391	36	account	account	NOUN
cjal-3228	391	37	transactions	transaction	NOUN
cjal-3228	391	38	frequently	frequently	ADV
cjal-3228	391	39	receive	receive	VERB
cjal-3228	391	40	more	more	ADV
cjal-3228	391	41	direct	direct	ADJ
cjal-3228	391	42	and	and	CCONJ
cjal-3228	391	43	discretionary	discretionary	ADJ
cjal-3228	391	44	oversight	oversight	NOUN
cjal-3228	391	45	.	.	PUNCT
cjal-3228	392	1	the	the	DET
cjal-3228	392	2	forex	forex	ADJ
cjal-3228	392	3	regulations	regulation	NOUN
cjal-3228	392	4	define	define	VERB
cjal-3228	392	5	current	current	ADJ
cjal-3228	392	6	account	account	NOUN
cjal-3228	392	7	transactions	transaction	NOUN
cjal-3228	392	8	(	(	PUNCT
cjal-3228	392	9	jingchang	jingchang	PROPN
cjal-3228	392	10	xiangmu	xiangmu	PROPN
cjal-3228	392	11	)	)	PUNCT
cjal-3228	392	12	as	as	ADP
cjal-3228	392	13	"	"	PUNCT
cjal-3228	392	14	transactions	transaction	NOUN
cjal-3228	392	15	that	that	PRON
cjal-3228	392	16	frequently	frequently	ADV
cjal-3228	392	17	occur	occur	VERB
cjal-3228	392	18	in	in	ADP
cjal-3228	392	19	the	the	DET
cjal-3228	392	20	international	international	ADJ
cjal-3228	392	21	balance	balance	NOUN
cjal-3228	392	22	of	of	ADP
cjal-3228	392	23	payments	payment	NOUN
cjal-3228	392	24	,	,	PUNCT
cjal-3228	392	25	including	include	VERB
cjal-3228	392	26	such	such	ADJ
cjal-3228	392	27	items	item	NOUN
cjal-3228	392	28	as	as	ADP
cjal-3228	392	29	receipts	receipt	NOUN
cjal-3228	392	30	and	and	CCONJ
cjal-3228	392	31	payments	payment	NOUN
cjal-3228	392	32	for	for	ADP
cjal-3228	392	33	trade	trade	NOUN
cjal-3228	392	34	in	in	ADP
cjal-3228	392	35	goods	good	NOUN
cjal-3228	392	36	and	and	CCONJ
cjal-3228	392	37	services	service	NOUN
cjal-3228	392	38	and	and	CCONJ
cjal-3228	392	39	unilateral	unilateral	ADJ
cjal-3228	392	40	transfers	transfer	NOUN
cjal-3228	392	41	.	.	PUNCT
cjal-3228	393	1	7	7	NUM
cjal-3228	393	2	5	5	NUM
cjal-3228	393	3	while	while	SCONJ
cjal-3228	393	4	this	this	DET
cjal-3228	393	5	definition	definition	NOUN
cjal-3228	393	6	is	be	AUX
cjal-3228	393	7	extremely	extremely	ADV
cjal-3228	393	8	broad	broad	ADJ
cjal-3228	393	9	,	,	PUNCT
cjal-3228	393	10	presumably	presumably	ADV
cjal-3228	393	11	intentionally	intentionally	ADV
cjal-3228	393	12	so	so	ADV
cjal-3228	393	13	,	,	PUNCT
cjal-3228	393	14	more	more	ADV
cjal-3228	393	15	precise	precise	ADJ
cjal-3228	393	16	definitions	definition	NOUN
cjal-3228	393	17	and	and	CCONJ
cjal-3228	393	18	clarifications	clarification	NOUN
cjal-3228	393	19	are	be	AUX
cjal-3228	393	20	dealt	deal	VERB
cjal-3228	393	21	with	with	ADP
cjal-3228	393	22	by	by	ADP
cjal-3228	393	23	tertiary	tertiary	ADJ
cjal-3228	393	24	regulations	regulation	NOUN
cjal-3228	393	25	issued	issue	VERB
cjal-3228	393	26	by	by	ADP
cjal-3228	393	27	the	the	DET
cjal-3228	393	28	pbc	pbc	PROPN
cjal-3228	393	29	,	,	PUNCT
cjal-3228	393	30	safe	safe	ADJ
cjal-3228	393	31	,	,	PUNCT
cjal-3228	393	32	or	or	CCONJ
cjal-3228	393	33	other	other	ADJ
cjal-3228	393	34	ministerial	ministerial	ADJ
cjal-3228	393	35	and	and	CCONJ
cjal-3228	393	36	bureau	bureau	NOUN
cjal-3228	393	37	-	-	PUNCT
cjal-3228	393	38	level	level	NOUN
cjal-3228	393	39	regulators.76	regulators.76	PROPN
cjal-3228	393	40	broadly	broadly	ADV
cjal-3228	393	41	speaking	speak	VERB
cjal-3228	393	42	,	,	PUNCT
cjal-3228	393	43	the	the	DET
cjal-3228	393	44	rubric	rubric	NOUN
cjal-3228	393	45	of	of	ADP
cjal-3228	393	46	current	current	ADJ
cjal-3228	393	47	account	account	NOUN
cjal-3228	393	48	transactions	transaction	NOUN
cjal-3228	393	49	covers	cover	VERB
cjal-3228	393	50	all	all	DET
cjal-3228	393	51	international	international	ADJ
cjal-3228	393	52	purchases	purchase	NOUN
cjal-3228	393	53	and	and	CCONJ
cjal-3228	393	54	sales	sale	NOUN
cjal-3228	393	55	for	for	ADP
cjal-3228	393	56	consumption	consumption	NOUN
cjal-3228	393	57	,	,	PUNCT
cjal-3228	393	58	along	along	ADP
cjal-3228	393	59	with	with	ADP
cjal-3228	393	60	certain	certain	ADJ
cjal-3228	393	61	recurrent	recurrent	ADJ
cjal-3228	393	62	international	international	ADJ
cjal-3228	393	63	payments	payment	NOUN
cjal-3228	393	64	,	,	PUNCT
cjal-3228	393	65	such	such	ADJ
cjal-3228	393	66	75	75	NUM
cjal-3228	393	67	forex	forex	ADJ
cjal-3228	393	68	regulations	regulation	NOUN
cjal-3228	393	69	,	,	PUNCT
cjal-3228	393	70	supra	supra	PROPN
cjal-3228	393	71	note	note	NOUN
cjal-3228	393	72	40	40	NUM
cjal-3228	393	73	,	,	PUNCT
cjal-3228	393	74	art	art	NOUN
cjal-3228	393	75	.	.	PUNCT
cjal-3228	394	1	52	52	NUM
cjal-3228	394	2	(	(	PUNCT
cjal-3228	394	3	6	6	NUM
cjal-3228	394	4	)	)	PUNCT
cjal-3228	394	5	.	.	PUNCT
cjal-3228	395	1	76	76	NUM
cjal-3228	395	2	an	an	DET
cjal-3228	395	3	extensive	extensive	ADJ
cjal-3228	395	4	list	list	NOUN
cjal-3228	395	5	of	of	ADP
cjal-3228	395	6	current	current	ADJ
cjal-3228	395	7	account	account	NOUN
cjal-3228	395	8	items	item	NOUN
cjal-3228	395	9	and	and	CCONJ
cjal-3228	395	10	their	their	PRON
cjal-3228	395	11	respective	respective	ADJ
cjal-3228	395	12	regulations	regulation	NOUN
cjal-3228	395	13	are	be	AUX
cjal-3228	395	14	set	set	VERB
cjal-3228	395	15	forth	forth	ADV
cjal-3228	395	16	in	in	ADP
cjal-3228	395	17	the	the	DET
cjal-3228	395	18	forex	forex	ADJ
cjal-3228	395	19	settlement	settlement	NOUN
cjal-3228	395	20	provisions	provision	NOUN
cjal-3228	395	21	,	,	PUNCT
cjal-3228	395	22	supra	supra	PROPN
cjal-3228	395	23	note	note	NOUN
cjal-3228	395	24	61	61	NUM
cjal-3228	395	25	,	,	PUNCT
cjal-3228	395	26	arts	art	NOUN
cjal-3228	395	27	.	.	PUNCT
cjal-3228	396	1	6	6	NUM
cjal-3228	396	2	-	-	SYM
cjal-3228	396	3	25	25	NUM
cjal-3228	396	4	.	.	PUNCT
cjal-3228	397	1	[	[	X
cjal-3228	397	2	17:2	17:2	NUM
cjal-3228	397	3	china	china	PROPN
cjal-3228	397	4	's	's	PART
cjal-3228	397	5	system	system	NOUN
cjal-3228	397	6	of	of	ADP
cjal-3228	397	7	foreign	foreign	ADJ
cjal-3228	397	8	exchange	exchange	NOUN
cjal-3228	397	9	as	as	ADP
cjal-3228	397	10	the	the	DET
cjal-3228	397	11	remittance	remittance	NOUN
cjal-3228	397	12	of	of	ADP
cjal-3228	397	13	profits	profit	NOUN
cjal-3228	397	14	and	and	CCONJ
cjal-3228	397	15	dividends	dividend	NOUN
cjal-3228	397	16	.	.	PUNCT
cjal-3228	398	1	the	the	DET
cjal-3228	398	2	regulatory	regulatory	ADJ
cjal-3228	398	3	regime	regime	NOUN
cjal-3228	398	4	divides	divide	VERB
cjal-3228	398	5	current	current	ADJ
cjal-3228	398	6	account	account	NOUN
cjal-3228	398	7	transactions	transaction	NOUN
cjal-3228	398	8	into	into	ADP
cjal-3228	398	9	three	three	NUM
cjal-3228	398	10	major	major	ADJ
cjal-3228	398	11	categories	category	NOUN
cjal-3228	398	12	:	:	PUNCT
cjal-3228	398	13	1	1	X
cjal-3228	398	14	.	.	X
cjal-3228	398	15	import	import	NOUN
cjal-3228	398	16	and	and	CCONJ
cjal-3228	398	17	export	export	NOUN
cjal-3228	398	18	of	of	ADP
cjal-3228	398	19	goods	good	NOUN
cjal-3228	398	20	(	(	PUNCT
cjal-3228	398	21	jinchukou	jinchukou	PROPN
cjal-3228	398	22	maoyi	maoyi	PROPN
cjal-3228	398	23	)	)	PUNCT
cjal-3228	398	24	;	;	PUNCT
cjal-3228	398	25	2	2	X
cjal-3228	398	26	.	.	X
cjal-3228	398	27	"	"	PUNCT
cjal-3228	398	28	non	non	ADJ
cjal-3228	398	29	-	-	ADJ
cjal-3228	398	30	trade	trade	ADJ
cjal-3228	398	31	transactions	transaction	NOUN
cjal-3228	398	32	"	"	PUNCT
cjal-3228	398	33	(	(	PUNCT
cjal-3228	398	34	feimaoyi	feimaoyi	PROPN
cjal-3228	398	35	xiangmu	xiangmu	PROPN
cjal-3228	398	36	)	)	PUNCT
cjal-3228	398	37	,	,	PUNCT
cjal-3228	398	38	including	include	VERB
cjal-3228	398	39	a	a	PRON
cjal-3228	398	40	)	)	PUNCT
cjal-3228	398	41	trade	trade	NOUN
cjal-3228	398	42	in	in	ADP
cjal-3228	398	43	services	service	NOUN
cjal-3228	398	44	(	(	PUNCT
cjal-3228	398	45	e.g.	e.g.	ADV
cjal-3228	398	46	consulting	consulting	NOUN
cjal-3228	398	47	,	,	PUNCT
cjal-3228	398	48	software	software	NOUN
cjal-3228	398	49	,	,	PUNCT
cjal-3228	398	50	transportation	transportation	NOUN
cjal-3228	398	51	,	,	PUNCT
cjal-3228	398	52	etc	etc	X
cjal-3228	398	53	.	.	X
cjal-3228	398	54	)	)	PUNCT
cjal-3228	398	55	;	;	PUNCT
cjal-3228	398	56	b	b	X
cjal-3228	398	57	)	)	PUNCT
cjal-3228	398	58	trade	trade	NOUN
cjal-3228	398	59	in	in	ADP
cjal-3228	398	60	rights	right	NOUN
cjal-3228	398	61	and	and	CCONJ
cjal-3228	398	62	licenses	license	NOUN
cjal-3228	398	63	(	(	PUNCT
cjal-3228	398	64	e.g.	e.g.	ADV
cjal-3228	398	65	for	for	ADP
cjal-3228	398	66	ip	ip	ADJ
cjal-3228	398	67	,	,	PUNCT
cjal-3228	398	68	land	land	NOUN
cjal-3228	398	69	-	-	PUNCT
cjal-3228	398	70	use	use	NOUN
cjal-3228	398	71	,	,	PUNCT
cjal-3228	398	72	software	software	NOUN
cjal-3228	398	73	,	,	PUNCT
cjal-3228	398	74	etc	etc	X
cjal-3228	398	75	)	)	PUNCT
cjal-3228	398	76	,	,	PUNCT
cjal-3228	398	77	and	and	CCONJ
cjal-3228	398	78	c	c	X
cjal-3228	398	79	)	)	PUNCT
cjal-3228	398	80	repatriation	repatriation	NOUN
cjal-3228	398	81	of	of	ADP
cjal-3228	398	82	profits	profit	NOUN
cjal-3228	398	83	and	and	CCONJ
cjal-3228	398	84	dividends	dividend	NOUN
cjal-3228	398	85	,	,	PUNCT
cjal-3228	398	86	payment	payment	NOUN
cjal-3228	398	87	of	of	ADP
cjal-3228	398	88	salaries	salary	NOUN
cjal-3228	398	89	,	,	PUNCT
cjal-3228	398	90	etc	etc	X
cjal-3228	398	91	.	.	X
cjal-3228	398	92	;	;	PUNCT
cjal-3228	398	93	3	3	X
cjal-3228	398	94	.	.	X
cjal-3228	398	95	payments	payment	NOUN
cjal-3228	398	96	by	by	ADP
cjal-3228	398	97	individual	individual	ADJ
cjal-3228	398	98	residents	resident	NOUN
cjal-3228	398	99	in	in	ADP
cjal-3228	398	100	china	china	PROPN
cjal-3228	398	101	,	,	PUNCT
cjal-3228	398	102	including	include	VERB
cjal-3228	398	103	expenses	expense	NOUN
cjal-3228	398	104	from	from	ADP
cjal-3228	398	105	travel	travel	NOUN
cjal-3228	398	106	abroad	abroad	ADV
cjal-3228	398	107	and	and	CCONJ
cjal-3228	398	108	income	income	NOUN
cjal-3228	398	109	in	in	ADP
cjal-3228	398	110	foreign	foreign	ADJ
cjal-3228	398	111	currency	currency	NOUN
cjal-3228	398	112	(	(	PUNCT
cjal-3228	398	113	e.g.	e.g.	ADV
cjal-3228	398	114	for	for	ADP
cjal-3228	398	115	services	service	NOUN
cjal-3228	398	116	,	,	PUNCT
cjal-3228	398	117	interest	interest	NOUN
cjal-3228	398	118	on	on	ADP
cjal-3228	398	119	loans	loan	NOUN
cjal-3228	398	120	,	,	PUNCT
cjal-3228	398	121	remittances	remittance	NOUN
cjal-3228	398	122	from	from	ADP
cjal-3228	398	123	family	family	NOUN
cjal-3228	398	124	members	member	NOUN
cjal-3228	398	125	abroad	abroad	ADV
cjal-3228	398	126	)	)	PUNCT
cjal-3228	398	127	,	,	PUNCT
cjal-3228	398	128	and	and	CCONJ
cjal-3228	398	129	the	the	DET
cjal-3228	398	130	physical	physical	ADJ
cjal-3228	398	131	carriage	carriage	NOUN
cjal-3228	398	132	of	of	ADP
cjal-3228	398	133	foreign	foreign	ADJ
cjal-3228	398	134	currency	currency	NOUN
cjal-3228	398	135	into	into	ADP
cjal-3228	398	136	and	and	CCONJ
cjal-3228	398	137	out	out	ADP
cjal-3228	398	138	of	of	ADP
cjal-3228	398	139	the	the	DET
cjal-3228	398	140	country	country	NOUN
cjal-3228	398	141	by	by	ADP
cjal-3228	398	142	residents	resident	NOUN
cjal-3228	398	143	or	or	CCONJ
cjal-3228	398	144	non	non	NOUN
cjal-3228	398	145	-	-	NOUN
cjal-3228	398	146	residents	resident	NOUN
cjal-3228	398	147	of	of	ADP
cjal-3228	398	148	china.77	china.77	NOUN
cjal-3228	398	149	because	because	SCONJ
cjal-3228	398	150	each	each	PRON
cjal-3228	398	151	of	of	ADP
cjal-3228	398	152	these	these	DET
cjal-3228	398	153	three	three	NUM
cjal-3228	398	154	categories	category	NOUN
cjal-3228	398	155	of	of	ADP
cjal-3228	398	156	current	current	ADJ
cjal-3228	398	157	account	account	NOUN
cjal-3228	398	158	transactions	transaction	NOUN
cjal-3228	398	159	requires	require	VERB
cjal-3228	398	160	a	a	DET
cjal-3228	398	161	different	different	ADJ
cjal-3228	398	162	type	type	NOUN
cjal-3228	398	163	of	of	ADP
cjal-3228	398	164	administrative	administrative	ADJ
cjal-3228	398	165	mechanism	mechanism	NOUN
cjal-3228	398	166	and	and	CCONJ
cjal-3228	398	167	carries	carry	VERB
cjal-3228	398	168	a	a	DET
cjal-3228	398	169	different	different	ADJ
cjal-3228	398	170	degree	degree	NOUN
cjal-3228	398	171	of	of	ADP
cjal-3228	398	172	risk	risk	NOUN
cjal-3228	398	173	to	to	ADP
cjal-3228	398	174	the	the	DET
cjal-3228	398	175	nation	nation	NOUN
cjal-3228	398	176	's	's	PART
cjal-3228	398	177	supply	supply	NOUN
cjal-3228	398	178	of	of	ADP
cjal-3228	398	179	foreign	foreign	ADJ
cjal-3228	398	180	currency	currency	NOUN
cjal-3228	398	181	and	and	CCONJ
cjal-3228	398	182	sustained	sustain	VERB
cjal-3228	398	183	economic	economic	ADJ
cjal-3228	398	184	development	development	NOUN
cjal-3228	398	185	,	,	PUNCT
cjal-3228	398	186	the	the	DET
cjal-3228	398	187	regulatory	regulatory	ADJ
cjal-3228	398	188	regime	regime	NOUN
cjal-3228	398	189	does	do	AUX
cjal-3228	398	190	not	not	PART
cjal-3228	398	191	treat	treat	VERB
cjal-3228	398	192	them	they	PRON
cjal-3228	398	193	all	all	PRON
cjal-3228	398	194	equally	equally	ADV
cjal-3228	398	195	.	.	PUNCT
cjal-3228	399	1	for	for	ADP
cjal-3228	399	2	instance	instance	NOUN
cjal-3228	399	3	,	,	PUNCT
cjal-3228	399	4	given	give	VERB
cjal-3228	399	5	that	that	SCONJ
cjal-3228	399	6	in	in	ADP
cjal-3228	399	7	recent	recent	ADJ
cjal-3228	399	8	years	year	NOUN
cjal-3228	399	9	the	the	DET
cjal-3228	399	10	amount	amount	NOUN
cjal-3228	399	11	of	of	ADP
cjal-3228	399	12	foreign	foreign	ADJ
cjal-3228	399	13	currency	currency	NOUN
cjal-3228	399	14	remitted	remit	VERB
cjal-3228	399	15	into	into	ADP
cjal-3228	399	16	and	and	CCONJ
cjal-3228	399	17	out	out	ADP
cjal-3228	399	18	of	of	ADP
cjal-3228	399	19	china	china	PROPN
cjal-3228	399	20	for	for	ADP
cjal-3228	399	21	international	international	ADJ
cjal-3228	399	22	commercial	commercial	ADJ
cjal-3228	399	23	transactions	transaction	NOUN
cjal-3228	399	24	has	have	AUX
cjal-3228	399	25	dwarfed	dwarf	VERB
cjal-3228	399	26	the	the	DET
cjal-3228	399	27	amount	amount	NOUN
cjal-3228	399	28	attributable	attributable	ADJ
cjal-3228	399	29	to	to	ADP
cjal-3228	399	30	transactions	transaction	NOUN
cjal-3228	399	31	by	by	ADP
cjal-3228	399	32	individuals	individual	NOUN
cjal-3228	399	33	,	,	PUNCT
cjal-3228	399	34	payments	payment	NOUN
cjal-3228	399	35	and	and	CCONJ
cjal-3228	399	36	receipts	receipt	NOUN
cjal-3228	399	37	for	for	ADP
cjal-3228	399	38	international	international	ADJ
cjal-3228	399	39	commercial	commercial	ADJ
cjal-3228	399	40	transactions	transaction	NOUN
cjal-3228	399	41	understandably	understandably	ADV
cjal-3228	399	42	have	have	AUX
cjal-3228	399	43	received	receive	VERB
cjal-3228	399	44	greater	great	ADJ
cjal-3228	399	45	attention	attention	NOUN
cjal-3228	399	46	from	from	ADP
cjal-3228	399	47	the	the	DET
cjal-3228	399	48	administrative	administrative	ADJ
cjal-3228	399	49	regulations	regulation	NOUN
cjal-3228	399	50	.	.	PUNCT
cjal-3228	400	1	however	however	ADV
cjal-3228	400	2	,	,	PUNCT
cjal-3228	400	3	this	this	PRON
cjal-3228	400	4	does	do	AUX
cjal-3228	400	5	not	not	PART
cjal-3228	400	6	mean	mean	VERB
cjal-3228	400	7	that	that	SCONJ
cjal-3228	400	8	commercial	commercial	ADJ
cjal-3228	400	9	transactions	transaction	NOUN
cjal-3228	400	10	necessarily	necessarily	ADV
cjal-3228	400	11	face	face	VERB
cjal-3228	400	12	tighter	tight	ADJ
cjal-3228	400	13	restrictions	restriction	NOUN
cjal-3228	400	14	than	than	ADP
cjal-3228	400	15	transactions	transaction	NOUN
cjal-3228	400	16	affecting	affect	VERB
cjal-3228	400	17	individual	individual	ADJ
cjal-3228	400	18	residents	resident	NOUN
cjal-3228	400	19	.	.	PUNCT
cjal-3228	400	20	"	"	PUNCT
cjal-3228	401	1	in	in	ADP
cjal-3228	401	2	contrast	contrast	NOUN
cjal-3228	401	3	to	to	ADP
cjal-3228	401	4	current	current	ADJ
cjal-3228	401	5	account	account	NOUN
cjal-3228	401	6	transactions	transaction	NOUN
cjal-3228	401	7	,	,	PUNCT
cjal-3228	401	8	capital	capital	NOUN
cjal-3228	401	9	account	account	NOUN
cjal-3228	401	10	transactions	transaction	NOUN
cjal-3228	401	11	(	(	PUNCT
cjal-3228	401	12	ziben	ziben	PROPN
cjal-3228	401	13	xiangmu	xiangmu	PROPN
cjal-3228	401	14	)	)	PUNCT
cjal-3228	401	15	are	be	AUX
cjal-3228	401	16	defined	define	VERB
cjal-3228	401	17	by	by	ADP
cjal-3228	401	18	the	the	DET
cjal-3228	401	19	forex	forex	ADJ
cjal-3228	401	20	regulations	regulation	NOUN
cjal-3228	401	21	as	as	ADP
cjal-3228	401	22	international	international	ADJ
cjal-3228	401	23	transactions	transaction	NOUN
cjal-3228	401	24	that	that	PRON
cjal-3228	401	25	cause	cause	VERB
cjal-3228	401	26	an	an	DET
cjal-3228	401	27	"	"	PUNCT
cjal-3228	401	28	increase	increase	NOUN
cjal-3228	401	29	and	and	CCONJ
cjal-3228	401	30	decrease	decrease	VERB
cjal-3228	401	31	in	in	ADP
cjal-3228	401	32	assets	asset	NOUN
cjal-3228	401	33	and	and	CCONJ
cjal-3228	401	34	liabilities	liability	NOUN
cjal-3228	401	35	in	in	ADP
cjal-3228	401	36	the	the	DET
cjal-3228	401	37	international	international	ADJ
cjal-3228	401	38	balance	balance	NOUN
cjal-3228	401	39	of	of	ADP
cjal-3228	401	40	payments	payment	NOUN
cjal-3228	401	41	as	as	ADP
cjal-3228	401	42	the	the	DET
cjal-3228	401	43	result	result	NOUN
cjal-3228	401	44	of	of	ADP
cjal-3228	401	45	inflow	inflow	NOUN
cjal-3228	401	46	and	and	CCONJ
cjal-3228	401	47	outflow	outflow	NOUN
cjal-3228	401	48	of	of	ADP
cjal-3228	401	49	capital	capital	NOUN
cjal-3228	401	50	,	,	PUNCT
cjal-3228	401	51	including	include	VERB
cjal-3228	401	52	direct	direct	ADJ
cjal-3228	401	53	investment	investment	NOUN
cjal-3228	401	54	,	,	PUNCT
cjal-3228	401	55	various	various	ADJ
cjal-3228	401	56	77	77	NUM
cjal-3228	401	57	the	the	DET
cjal-3228	401	58	division	division	NOUN
cjal-3228	401	59	used	use	VERB
cjal-3228	401	60	here	here	ADV
cjal-3228	401	61	is	be	AUX
cjal-3228	401	62	based	base	VERB
cjal-3228	401	63	on	on	ADP
cjal-3228	401	64	the	the	DET
cjal-3228	401	65	division	division	NOUN
cjal-3228	401	66	of	of	ADP
cjal-3228	401	67	safe	safe	ADJ
cjal-3228	401	68	's	's	PART
cjal-3228	401	69	responsibilities	responsibility	NOUN
cjal-3228	401	70	concerning	concern	VERB
cjal-3228	401	71	current	current	ADJ
cjal-3228	401	72	account	account	NOUN
cjal-3228	401	73	transactions	transaction	NOUN
cjal-3228	401	74	as	as	ADV
cjal-3228	401	75	delineated	delineated	ADJ
cjal-3228	401	76	on	on	ADP
cjal-3228	401	77	the	the	DET
cjal-3228	401	78	safe	safe	ADJ
cjal-3228	401	79	website	website	NOUN
cjal-3228	401	80	.	.	PUNCT
cjal-3228	402	1	jingchang	jingchang	PROPN
cjal-3228	402	2	xiangmu	xiangmu	PROPN
cjal-3228	402	3	waihui	waihui	PROPN
cjal-3228	402	4	guanli	guanli	PROPN
cjal-3228	402	5	[	[	X
cjal-3228	402	6	management	management	NOUN
cjal-3228	402	7	of	of	ADP
cjal-3228	402	8	foreign	foreign	ADJ
cjal-3228	402	9	exchange	exchange	NOUN
cjal-3228	402	10	for	for	ADP
cjal-3228	402	11	current	current	ADJ
cjal-3228	402	12	account	account	NOUN
cjal-3228	402	13	transactions	transaction	NOUN
cjal-3228	402	14	]	]	PUNCT
cjal-3228	402	15	,	,	PUNCT
cjal-3228	402	16	http://www.safe	http://www.safe	PROPN
cjal-3228	402	17	.	.	PUNCT
cjal-3228	403	1	gov.cn/0430/zc	gov.cn/0430/zc	ADP
cjal-3228	404	1	fg	fg	PROPN
cjal-3228	404	2	.	.	PUNCT
cjal-3228	405	1	is?cx	is?cx	PROPN
cjal-3228	405	2	1	1	NUM
cjal-3228	405	3	=	=	SYM
cjal-3228	405	4	2	2	NUM
cjal-3228	405	5	.	.	NUM
cjal-3228	405	6	78	78	NUM
cjal-3228	405	7	in	in	ADP
cjal-3228	405	8	fact	fact	NOUN
cjal-3228	405	9	,	,	PUNCT
cjal-3228	405	10	restrictions	restriction	NOUN
cjal-3228	405	11	on	on	ADP
cjal-3228	405	12	the	the	DET
cjal-3228	405	13	use	use	NOUN
cjal-3228	405	14	of	of	ADP
cjal-3228	405	15	foreign	foreign	ADJ
cjal-3228	405	16	currency	currency	NOUN
cjal-3228	405	17	by	by	ADP
cjal-3228	405	18	individuals	individual	NOUN
cjal-3228	405	19	,	,	PUNCT
cjal-3228	405	20	e.g.	e.g.	ADV
cjal-3228	405	21	for	for	ADP
cjal-3228	405	22	travel	travel	NOUN
cjal-3228	405	23	or	or	CCONJ
cjal-3228	405	24	study	study	NOUN
cjal-3228	405	25	abroad	abroad	ADV
cjal-3228	405	26	,	,	PUNCT
cjal-3228	405	27	have	have	AUX
cjal-3228	405	28	been	be	AUX
cjal-3228	405	29	generally	generally	ADV
cjal-3228	405	30	more	more	ADV
cjal-3228	405	31	stringent	stringent	ADJ
cjal-3228	405	32	than	than	ADP
cjal-3228	405	33	restrictions	restriction	NOUN
cjal-3228	405	34	on	on	ADP
cjal-3228	405	35	forex	forex	NOUN
cjal-3228	405	36	used	use	VERB
cjal-3228	405	37	for	for	ADP
cjal-3228	405	38	purchasing	purchase	VERB
cjal-3228	405	39	imports	import	NOUN
cjal-3228	405	40	.	.	PUNCT
cjal-3228	406	1	this	this	PRON
cjal-3228	406	2	is	be	AUX
cjal-3228	406	3	probably	probably	ADV
cjal-3228	406	4	due	due	ADJ
cjal-3228	406	5	to	to	ADP
cjal-3228	406	6	the	the	DET
cjal-3228	406	7	fact	fact	NOUN
cjal-3228	406	8	that	that	SCONJ
cjal-3228	406	9	it	it	PRON
cjal-3228	406	10	is	be	AUX
cjal-3228	406	11	less	less	ADV
cjal-3228	406	12	practicable	practicable	ADJ
cjal-3228	406	13	to	to	PART
cjal-3228	406	14	conduct	conduct	VERB
cjal-3228	406	15	ex	ex	PRON
cjal-3228	406	16	post	post	NOUN
cjal-3228	406	17	verification	verification	NOUN
cjal-3228	406	18	of	of	ADP
cjal-3228	406	19	individual	individual	ADJ
cjal-3228	406	20	expenses	expense	NOUN
cjal-3228	406	21	while	while	SCONJ
cjal-3228	406	22	abroad	abroad	ADV
cjal-3228	406	23	than	than	SCONJ
cjal-3228	406	24	it	it	PRON
cjal-3228	406	25	is	be	AUX
cjal-3228	406	26	of	of	ADP
cjal-3228	406	27	payments	payment	NOUN
cjal-3228	406	28	for	for	ADP
cjal-3228	406	29	imports	import	NOUN
cjal-3228	406	30	of	of	ADP
cjal-3228	406	31	goods	good	NOUN
cjal-3228	406	32	and	and	CCONJ
cjal-3228	406	33	services	service	NOUN
cjal-3228	406	34	.	.	PUNCT
cjal-3228	407	1	2004	2004	NUM
cjal-3228	407	2	]	]	PUNCT
cjal-3228	407	3	columbia	columbia	PROPN
cjal-3228	407	4	journal	journal	PROPN
cjal-3228	407	5	of	of	ADP
cjal-3228	407	6	asianlaw	asianlaw	NOUN
cjal-3228	407	7	kinds	kind	NOUN
cjal-3228	407	8	of	of	ADP
cjal-3228	407	9	loans	loan	NOUN
cjal-3228	407	10	,	,	PUNCT
cjal-3228	407	11	portfolio	portfolio	NOUN
cjal-3228	407	12	investment	investment	NOUN
cjal-3228	407	13	,	,	PUNCT
cjal-3228	407	14	etc	etc	X
cjal-3228	407	15	.	.	X
cjal-3228	407	16	"79	"79	PROPN
cjal-3228	407	17	as	as	SCONJ
cjal-3228	407	18	used	use	VERB
cjal-3228	407	19	in	in	ADP
cjal-3228	407	20	china	china	PROPN
cjal-3228	407	21	's	's	PART
cjal-3228	407	22	foreign	foreign	ADJ
cjal-3228	407	23	exchange	exchange	NOUN
cjal-3228	407	24	regulations	regulation	NOUN
cjal-3228	407	25	,	,	PUNCT
cjal-3228	407	26	the	the	DET
cjal-3228	407	27	term	term	NOUN
cjal-3228	407	28	capital	capital	NOUN
cjal-3228	407	29	account	account	NOUN
cjal-3228	407	30	transactions	transaction	NOUN
cjal-3228	407	31	refers	refer	VERB
cjal-3228	407	32	to	to	ADP
cjal-3228	407	33	both	both	DET
cjal-3228	407	34	the	the	DET
cjal-3228	407	35	capital	capital	NOUN
cjal-3228	407	36	account	account	NOUN
cjal-3228	407	37	and	and	CCONJ
cjal-3228	407	38	financial	financial	ADJ
cjal-3228	407	39	account	account	NOUN
cjal-3228	407	40	(	(	PUNCT
cjal-3228	407	41	jinrong	jinrong	PROPN
cjal-3228	407	42	xiangmu	xiangmu	PROPN
cjal-3228	407	43	)	)	PUNCT
cjal-3228	407	44	sections	section	NOUN
cjal-3228	407	45	of	of	ADP
cjal-3228	407	46	china	china	PROPN
cjal-3228	407	47	's	's	PART
cjal-3228	407	48	balance	balance	NOUN
cjal-3228	407	49	of	of	ADP
cjal-3228	407	50	payments	payment	NOUN
cjal-3228	407	51	.	.	PUNCT
cjal-3228	408	1	"	"	PUNCT
cjal-3228	408	2	°	°	CCONJ
cjal-3228	408	3	the	the	DET
cjal-3228	408	4	sum	sum	NOUN
cjal-3228	408	5	of	of	ADP
cjal-3228	408	6	these	these	DET
cjal-3228	408	7	two	two	NUM
cjal-3228	408	8	accounts	account	NOUN
cjal-3228	408	9	comprises	comprise	VERB
cjal-3228	408	10	the	the	DET
cjal-3228	408	11	entirety	entirety	NOUN
cjal-3228	408	12	of	of	ADP
cjal-3228	408	13	china	china	PROPN
cjal-3228	408	14	's	's	PART
cjal-3228	408	15	non	non	ADJ
cjal-3228	408	16	-	-	ADJ
cjal-3228	408	17	current	current	ADJ
cjal-3228	408	18	account	account	NOUN
cjal-3228	408	19	balance	balance	NOUN
cjal-3228	408	20	of	of	ADP
cjal-3228	408	21	payments	payment	NOUN
cjal-3228	408	22	.	.	PUNCT
cjal-3228	409	1	that	that	PRON
cjal-3228	409	2	is	be	AUX
cjal-3228	409	3	to	to	PART
cjal-3228	409	4	say	say	VERB
cjal-3228	409	5	,	,	PUNCT
cjal-3228	409	6	any	any	DET
cjal-3228	409	7	international	international	ADJ
cjal-3228	409	8	transaction	transaction	NOUN
cjal-3228	409	9	that	that	PRON
cjal-3228	409	10	does	do	AUX
cjal-3228	409	11	not	not	PART
cjal-3228	409	12	fall	fall	VERB
cjal-3228	409	13	under	under	ADP
cjal-3228	409	14	the	the	DET
cjal-3228	409	15	current	current	ADJ
cjal-3228	409	16	account	account	NOUN
cjal-3228	409	17	rubric	rubric	NOUN
cjal-3228	409	18	is	be	AUX
cjal-3228	409	19	necessarily	necessarily	ADV
cjal-3228	409	20	a	a	DET
cjal-3228	409	21	capital	capital	NOUN
cjal-3228	409	22	account	account	NOUN
cjal-3228	409	23	item	item	NOUN
cjal-3228	409	24	,	,	PUNCT
cjal-3228	409	25	and	and	CCONJ
cjal-3228	409	26	vice	vice	ADV
cjal-3228	409	27	versa	versa	ADV
cjal-3228	409	28	.	.	PUNCT
cjal-3228	410	1	although	although	SCONJ
cjal-3228	410	2	there	there	PRON
cjal-3228	410	3	are	be	VERB
cjal-3228	410	4	a	a	DET
cjal-3228	410	5	great	great	ADJ
cjal-3228	410	6	many	many	ADJ
cjal-3228	410	7	types	type	NOUN
cjal-3228	410	8	of	of	ADP
cjal-3228	410	9	transactions	transaction	NOUN
cjal-3228	410	10	that	that	PRON
cjal-3228	410	11	may	may	AUX
cjal-3228	410	12	fall	fall	VERB
cjal-3228	410	13	under	under	ADP
cjal-3228	410	14	the	the	DET
cjal-3228	410	15	capital	capital	NOUN
cjal-3228	410	16	account	account	NOUN
cjal-3228	410	17	rubric	rubric	NOUN
cjal-3228	410	18	,	,	PUNCT
cjal-3228	410	19	the	the	DET
cjal-3228	410	20	vast	vast	ADJ
cjal-3228	410	21	bulk	bulk	NOUN
cjal-3228	410	22	of	of	ADP
cjal-3228	410	23	china	china	PROPN
cjal-3228	410	24	's	's	PART
cjal-3228	410	25	capital	capital	NOUN
cjal-3228	410	26	account	account	NOUN
cjal-3228	410	27	transactions	transaction	NOUN
cjal-3228	410	28	fall	fall	VERB
cjal-3228	410	29	under	under	ADP
cjal-3228	410	30	one	one	NUM
cjal-3228	410	31	of	of	ADP
cjal-3228	410	32	three	three	NUM
cjal-3228	410	33	broad	broad	ADJ
cjal-3228	410	34	categories	category	NOUN
cjal-3228	410	35	:	:	PUNCT
cjal-3228	411	1	1	1	X
cjal-3228	411	2	.	.	X
cjal-3228	411	3	foreign	foreign	ADJ
cjal-3228	411	4	direct	direct	ADJ
cjal-3228	411	5	investment	investment	NOUN
cjal-3228	411	6	(	(	PUNCT
cjal-3228	411	7	waishang	waishang	PROPN
cjal-3228	411	8	zhijie	zhijie	PROPN
cjal-3228	411	9	touzi	touzi	PROPN
cjal-3228	411	10	)	)	PUNCT
cjal-3228	411	11	;	;	PUNCT
cjal-3228	411	12	2	2	X
cjal-3228	411	13	.	.	X
cjal-3228	411	14	foreign	foreign	ADJ
cjal-3228	411	15	currency	currency	NOUN
cjal-3228	411	16	borrowing	borrowing	NOUN
cjal-3228	411	17	(	(	PUNCT
cjal-3228	411	18	waizhai	waizhai	NOUN
cjal-3228	411	19	)	)	PUNCT
cjal-3228	411	20	,	,	PUNCT
cjal-3228	411	21	including	include	VERB
cjal-3228	411	22	issuing	issue	VERB
cjal-3228	411	23	bonds	bond	NOUN
cjal-3228	411	24	and	and	CCONJ
cjal-3228	411	25	securing	secure	VERB
cjal-3228	411	26	loans	loan	NOUN
cjal-3228	411	27	in	in	ADP
cjal-3228	411	28	a	a	DET
cjal-3228	411	29	foreign	foreign	ADJ
cjal-3228	411	30	currency	currency	NOUN
cjal-3228	411	31	;	;	PUNCT
cjal-3228	411	32	and	and	CCONJ
cjal-3228	411	33	3	3	X
cjal-3228	411	34	.	.	X
cjal-3228	411	35	securities	security	NOUN
cjal-3228	411	36	(	(	PUNCT
cjal-3228	411	37	or	or	CCONJ
cjal-3228	411	38	portfolio	portfolio	NOUN
cjal-3228	411	39	)	)	PUNCT
cjal-3228	411	40	investment	investment	NOUN
cjal-3228	411	41	(	(	PUNCT
cjal-3228	411	42	zhengquan	zhengquan	PROPN
cjal-3228	411	43	touzi	touzi	PROPN
cjal-3228	411	44	)	)	PUNCT
cjal-3228	411	45	.	.	PUNCT
cjal-3228	412	1	under	under	ADP
cjal-3228	412	2	china	china	PROPN
cjal-3228	412	3	's	's	PART
cjal-3228	412	4	capital	capital	NOUN
cjal-3228	412	5	account	account	NOUN
cjal-3228	412	6	regulatory	regulatory	ADJ
cjal-3228	412	7	regime	regime	NOUN
cjal-3228	412	8	,	,	PUNCT
cjal-3228	412	9	each	each	PRON
cjal-3228	412	10	of	of	ADP
cjal-3228	412	11	these	these	DET
cjal-3228	412	12	three	three	NUM
cjal-3228	412	13	categories	category	NOUN
cjal-3228	412	14	receives	receive	VERB
cjal-3228	412	15	distinct	distinct	ADJ
cjal-3228	412	16	treatment	treatment	NOUN
cjal-3228	412	17	.	.	PUNCT
cjal-3228	413	1	furthermore	furthermore	ADV
cjal-3228	413	2	,	,	PUNCT
cjal-3228	413	3	while	while	SCONJ
cjal-3228	413	4	each	each	PRON
cjal-3228	413	5	of	of	ADP
cjal-3228	413	6	these	these	DET
cjal-3228	413	7	categories	category	NOUN
cjal-3228	413	8	can	can	AUX
cjal-3228	413	9	have	have	VERB
cjal-3228	413	10	both	both	CCONJ
cjal-3228	413	11	inward	inward	ADV
cjal-3228	413	12	and	and	CCONJ
cjal-3228	413	13	outward	outward	VERB
cjal-3228	413	14	capital	capital	NOUN
cjal-3228	413	15	flows	flow	NOUN
cjal-3228	413	16	,	,	PUNCT
cjal-3228	413	17	china	china	PROPN
cjal-3228	413	18	's	's	PART
cjal-3228	413	19	regulatory	regulatory	ADJ
cjal-3228	413	20	and	and	CCONJ
cjal-3228	413	21	administrative	administrative	ADJ
cjal-3228	413	22	regime	regime	NOUN
cjal-3228	413	23	treats	treat	VERB
cjal-3228	413	24	all	all	DET
cjal-3228	413	25	outward	outward	ADJ
cjal-3228	413	26	investment	investment	NOUN
cjal-3228	413	27	as	as	ADP
cjal-3228	413	28	a	a	DET
cjal-3228	413	29	separate	separate	ADJ
cjal-3228	413	30	category	category	NOUN
cjal-3228	413	31	with	with	ADP
cjal-3228	413	32	specific	specific	ADJ
cjal-3228	413	33	and	and	CCONJ
cjal-3228	413	34	especially	especially	ADV
cjal-3228	413	35	stringent	stringent	ADJ
cjal-3228	413	36	rules	rule	NOUN
cjal-3228	413	37	.	.	PUNCT
cjal-3228	414	1	79	79	NUM
cjal-3228	414	2	forex	forex	ADJ
cjal-3228	414	3	regulations	regulation	NOUN
cjal-3228	414	4	,	,	PUNCT
cjal-3228	414	5	supra	supra	PROPN
cjal-3228	414	6	note	note	NOUN
cjal-3228	414	7	40	40	NUM
cjal-3228	414	8	,	,	PUNCT
cjal-3228	414	9	art	art	NOUN
cjal-3228	414	10	.	.	PUNCT
cjal-3228	415	1	52	52	NUM
cjal-3228	415	2	(	(	PUNCT
cjal-3228	415	3	7	7	NUM
cjal-3228	415	4	)	)	PUNCT
cjal-3228	415	5	.	.	PUNCT
cjal-3228	416	1	80	80	NUM
cjal-3228	416	2	the	the	DET
cjal-3228	416	3	vast	vast	ADJ
cjal-3228	416	4	bulk	bulk	NOUN
cjal-3228	416	5	(	(	PUNCT
cjal-3228	416	6	more	more	ADJ
cjal-3228	416	7	than	than	ADP
cjal-3228	416	8	99.9	99.9	NUM
cjal-3228	416	9	%	%	NOUN
cjal-3228	416	10	in	in	ADP
cjal-3228	416	11	2002	2002	NUM
cjal-3228	416	12	)	)	PUNCT
cjal-3228	416	13	of	of	ADP
cjal-3228	416	14	what	what	PRON
cjal-3228	416	15	are	be	AUX
cjal-3228	416	16	considered	consider	VERB
cjal-3228	416	17	"	"	PUNCT
cjal-3228	416	18	capital	capital	NOUN
cjal-3228	416	19	account	account	NOUN
cjal-3228	416	20	transactions	transaction	NOUN
cjal-3228	416	21	"	"	PUNCT
cjal-3228	416	22	for	for	ADP
cjal-3228	416	23	the	the	DET
cjal-3228	416	24	purpose	purpose	NOUN
cjal-3228	416	25	ofchina	ofchina	ADJ
cjal-3228	416	26	's	's	PART
cjal-3228	416	27	forex	forex	ADJ
cjal-3228	416	28	regulations	regulation	NOUN
cjal-3228	416	29	are	be	AUX
cjal-3228	416	30	in	in	ADP
cjal-3228	416	31	fact	fact	NOUN
cjal-3228	416	32	financial	financial	ADJ
cjal-3228	416	33	account	account	NOUN
cjal-3228	416	34	transactions	transaction	NOUN
cjal-3228	416	35	on	on	ADP
cjal-3228	416	36	the	the	DET
cjal-3228	416	37	balance	balance	NOUN
cjal-3228	416	38	of	of	ADP
cjal-3228	416	39	payments	payment	NOUN
cjal-3228	416	40	.	.	PUNCT
cjal-3228	417	1	since	since	SCONJ
cjal-3228	417	2	the	the	DET
cjal-3228	417	3	foreign	foreign	ADJ
cjal-3228	417	4	exchange	exchange	NOUN
cjal-3228	417	5	regulations	regulation	NOUN
cjal-3228	417	6	do	do	AUX
cjal-3228	417	7	not	not	PART
cjal-3228	417	8	differentiate	differentiate	VERB
cjal-3228	417	9	between	between	ADP
cjal-3228	417	10	the	the	DET
cjal-3228	417	11	two	two	NUM
cjal-3228	417	12	accounts	account	NOUN
cjal-3228	417	13	,	,	PUNCT
cjal-3228	417	14	the	the	DET
cjal-3228	417	15	precise	precise	ADJ
cjal-3228	417	16	differences	difference	NOUN
cjal-3228	417	17	are	be	AUX
cjal-3228	417	18	not	not	PART
cjal-3228	417	19	important	important	ADJ
cjal-3228	417	20	for	for	ADP
cjal-3228	417	21	the	the	DET
cjal-3228	417	22	purposes	purpose	NOUN
cjal-3228	417	23	of	of	ADP
cjal-3228	417	24	this	this	DET
cjal-3228	417	25	paper	paper	NOUN
cjal-3228	417	26	.	.	PUNCT
cjal-3228	418	1	for	for	ADP
cjal-3228	418	2	a	a	DET
cjal-3228	418	3	systematic	systematic	ADJ
cjal-3228	418	4	explanation	explanation	NOUN
cjal-3228	418	5	of	of	ADP
cjal-3228	418	6	the	the	DET
cjal-3228	418	7	items	item	NOUN
cjal-3228	418	8	that	that	PRON
cjal-3228	418	9	comprise	comprise	VERB
cjal-3228	418	10	each	each	DET
cjal-3228	418	11	account	account	NOUN
cjal-3228	418	12	,	,	PUNCT
cjal-3228	418	13	see	see	VERB
cjal-3228	418	14	2001	2001	NUM
cjal-3228	418	15	nian	nian	ADJ
cjal-3228	418	16	zhongguo	zhongguo	PROPN
cjal-3228	418	17	guoji	guoji	PROPN
cjal-3228	418	18	shouzhi	shouzhi	PROPN
cjal-3228	418	19	pinghengbiao	pinghengbiao	NOUN
cjal-3228	418	20	[	[	PUNCT
cjal-3228	418	21	2001	2001	NUM
cjal-3228	418	22	table	table	NOUN
cjal-3228	418	23	of	of	ADP
cjal-3228	418	24	china	china	PROPN
cjal-3228	418	25	's	's	PART
cjal-3228	418	26	international	international	ADJ
cjal-3228	418	27	balance	balance	NOUN
cjal-3228	418	28	of	of	ADP
cjal-3228	418	29	payments	payment	NOUN
cjal-3228	418	30	]	]	PUNCT
cjal-3228	418	31	,	,	PUNCT
cjal-3228	418	32	http://www.safe	http://www.safe	ADJ
cjal-3228	418	33	.	.	PUNCT
cjal-3228	419	1	eov.cn/statistics/bop	eov.cn/statistics/bop	NOUN
cjal-3228	419	2	2001.htm	2001.htm	NUM
cjal-3228	419	3	.	.	PUNCT
cjal-3228	420	1	81	81	NUM
cjal-3228	420	2	by	by	ADP
cjal-3228	420	3	definition	definition	NOUN
cjal-3228	420	4	,	,	PUNCT
cjal-3228	420	5	the	the	DET
cjal-3228	420	6	balance	balance	NOUN
cjal-3228	420	7	of	of	ADP
cjal-3228	420	8	capital	capital	NOUN
cjal-3228	420	9	and	and	CCONJ
cjal-3228	420	10	financial	financial	ADJ
cjal-3228	420	11	account	account	NOUN
cjal-3228	420	12	items	item	NOUN
cjal-3228	420	13	including	include	VERB
cjal-3228	420	14	reserve	reserve	NOUN
cjal-3228	420	15	assets	asset	NOUN
cjal-3228	420	16	(	(	PUNCT
cjal-3228	420	17	chubei	chubei	NOUN
cjal-3228	420	18	zichan	zichan	PROPN
cjal-3228	420	19	)	)	PUNCT
cjal-3228	420	20	held	hold	VERB
cjal-3228	420	21	by	by	ADP
cjal-3228	420	22	the	the	DET
cjal-3228	420	23	central	central	ADJ
cjal-3228	420	24	bank	bank	NOUN
cjal-3228	420	25	in	in	ADP
cjal-3228	420	26	the	the	DET
cjal-3228	420	27	balance	balance	NOUN
cjal-3228	420	28	of	of	ADP
cjal-3228	420	29	payments	payment	NOUN
cjal-3228	420	30	must	must	AUX
cjal-3228	420	31	equal	equal	VERB
cjal-3228	420	32	the	the	DET
cjal-3228	420	33	inverse	inverse	NOUN
cjal-3228	420	34	of	of	ADP
cjal-3228	420	35	the	the	DET
cjal-3228	420	36	balance	balance	NOUN
cjal-3228	420	37	of	of	ADP
cjal-3228	420	38	current	current	ADJ
cjal-3228	420	39	account	account	NOUN
cjal-3228	420	40	items	item	NOUN
cjal-3228	420	41	.	.	PUNCT
cjal-3228	421	1	in	in	ADP
cjal-3228	421	2	other	other	ADJ
cjal-3228	421	3	words	word	NOUN
cjal-3228	421	4	,	,	PUNCT
cjal-3228	421	5	a	a	DET
cjal-3228	421	6	current	current	ADJ
cjal-3228	421	7	account	account	NOUN
cjal-3228	421	8	surplus	surplus	NOUN
cjal-3228	421	9	necessarily	necessarily	ADV
cjal-3228	421	10	means	mean	VERB
cjal-3228	421	11	a	a	DET
cjal-3228	421	12	capital	capital	NOUN
cjal-3228	421	13	account	account	NOUN
cjal-3228	421	14	deficit	deficit	NOUN
cjal-3228	421	15	of	of	ADP
cjal-3228	421	16	equal	equal	ADJ
cjal-3228	421	17	size	size	NOUN
cjal-3228	421	18	,	,	PUNCT
cjal-3228	421	19	and	and	CCONJ
cjal-3228	421	20	vice	vice	ADV
cjal-3228	421	21	versa	versa	ADV
cjal-3228	421	22	.	.	PUNCT
cjal-3228	422	1	however	however	ADV
cjal-3228	422	2	,	,	PUNCT
cjal-3228	422	3	since	since	SCONJ
cjal-3228	422	4	the	the	DET
cjal-3228	422	5	actual	actual	ADJ
cjal-3228	422	6	statistical	statistical	ADJ
cjal-3228	422	7	entries	entry	NOUN
cjal-3228	422	8	are	be	AUX
cjal-3228	422	9	not	not	PART
cjal-3228	422	10	necessarily	necessarily	ADV
cjal-3228	422	11	made	make	VERB
cjal-3228	422	12	at	at	ADP
cjal-3228	422	13	the	the	DET
cjal-3228	422	14	same	same	ADJ
cjal-3228	422	15	time	time	NOUN
cjal-3228	422	16	and	and	CCONJ
cjal-3228	422	17	may	may	AUX
cjal-3228	422	18	miss	miss	VERB
cjal-3228	422	19	some	some	DET
cjal-3228	422	20	transactions	transaction	NOUN
cjal-3228	422	21	,	,	PUNCT
cjal-3228	422	22	the	the	DET
cjal-3228	422	23	national	national	ADJ
cjal-3228	422	24	balance	balance	NOUN
cjal-3228	422	25	of	of	ADP
cjal-3228	422	26	payments	payment	NOUN
cjal-3228	422	27	includes	include	VERB
cjal-3228	422	28	a	a	DET
cjal-3228	422	29	further	further	ADJ
cjal-3228	422	30	section	section	NOUN
cjal-3228	422	31	,	,	PUNCT
cjal-3228	422	32	errors	error	NOUN
cjal-3228	422	33	and	and	CCONJ
cjal-3228	422	34	omissions	omission	NOUN
cjal-3228	422	35	(	(	PUNCT
cjal-3228	422	36	wucha	wucha	PROPN
cjal-3228	422	37	yu	yu	PROPN
cjal-3228	422	38	yilou	yilou	PROPN
cjal-3228	422	39	)	)	PUNCT
cjal-3228	422	40	.	.	PUNCT
cjal-3228	423	1	this	this	DET
cjal-3228	423	2	section	section	NOUN
cjal-3228	423	3	equals	equal	VERB
cjal-3228	423	4	the	the	DET
cjal-3228	423	5	difference	difference	NOUN
cjal-3228	423	6	between	between	ADP
cjal-3228	423	7	the	the	DET
cjal-3228	423	8	current	current	ADJ
cjal-3228	423	9	account	account	NOUN
cjal-3228	423	10	,	,	PUNCT
cjal-3228	423	11	on	on	ADP
cjal-3228	423	12	the	the	DET
cjal-3228	423	13	one	one	NUM
cjal-3228	423	14	side	side	NOUN
cjal-3228	423	15	,	,	PUNCT
cjal-3228	423	16	and	and	CCONJ
cjal-3228	423	17	the	the	DET
cjal-3228	423	18	capital	capital	NOUN
cjal-3228	423	19	and	and	CCONJ
cjal-3228	423	20	financial	financial	ADJ
cjal-3228	423	21	accounts	account	NOUN
cjal-3228	423	22	on	on	ADP
cjal-3228	423	23	the	the	DET
cjal-3228	423	24	other	other	ADJ
cjal-3228	423	25	.	.	PUNCT
cjal-3228	424	1	the	the	DET
cjal-3228	424	2	errors	error	NOUN
cjal-3228	424	3	and	and	CCONJ
cjal-3228	424	4	omissions	omission	NOUN
cjal-3228	424	5	section	section	NOUN
cjal-3228	424	6	of	of	ADP
cjal-3228	424	7	the	the	DET
cjal-3228	424	8	balance	balance	NOUN
cjal-3228	424	9	of	of	ADP
cjal-3228	424	10	payments	payment	NOUN
cjal-3228	424	11	is	be	AUX
cjal-3228	424	12	often	often	ADV
cjal-3228	424	13	used	use	VERB
cjal-3228	424	14	as	as	ADP
cjal-3228	424	15	an	an	DET
cjal-3228	424	16	indicator	indicator	NOUN
cjal-3228	424	17	of	of	ADP
cjal-3228	424	18	the	the	DET
cjal-3228	424	19	amount	amount	NOUN
cjal-3228	424	20	and	and	CCONJ
cjal-3228	424	21	direction	direction	NOUN
cjal-3228	424	22	(	(	PUNCT
cjal-3228	424	23	inward	inward	ADV
cjal-3228	424	24	or	or	CCONJ
cjal-3228	424	25	outward	outward	ADV
cjal-3228	424	26	)	)	PUNCT
cjal-3228	424	27	of	of	ADP
cjal-3228	424	28	illegal	illegal	ADJ
cjal-3228	424	29	or	or	CCONJ
cjal-3228	424	30	under	under	ADP
cjal-3228	424	31	-	-	PUNCT
cjal-3228	424	32	the	the	DET
cjal-3228	424	33	-	-	PUNCT
cjal-3228	424	34	table	table	NOUN
cjal-3228	424	35	capital	capital	NOUN
cjal-3228	424	36	flows	flow	NOUN
cjal-3228	424	37	.	.	PUNCT
cjal-3228	425	1	[	[	X
cjal-3228	425	2	17:2	17:2	NUM
cjal-3228	425	3	china	china	PROPN
cjal-3228	425	4	's	's	PART
cjal-3228	425	5	system	system	NOUN
cjal-3228	425	6	of	of	ADP
cjal-3228	425	7	foreign	foreign	ADJ
cjal-3228	425	8	exchange	exchange	PROPN
cjal-3228	425	9	b.	b.	PROPN
cjal-3228	425	10	regulation	regulation	NOUN
cjal-3228	425	11	of	of	ADP
cjal-3228	425	12	current	current	ADJ
cjal-3228	425	13	account	account	NOUN
cjal-3228	425	14	transactions	transaction	NOUN
cjal-3228	425	15	in	in	ADP
cjal-3228	425	16	principle	principle	NOUN
cjal-3228	425	17	,	,	PUNCT
cjal-3228	425	18	all	all	DET
cjal-3228	425	19	current	current	ADJ
cjal-3228	425	20	account	account	NOUN
cjal-3228	425	21	transactions	transaction	NOUN
cjal-3228	425	22	have	have	AUX
cjal-3228	425	23	been	be	AUX
cjal-3228	425	24	fully	fully	ADV
cjal-3228	425	25	convertibility	convertibility	NOUN
cjal-3228	425	26	since	since	SCONJ
cjal-3228	425	27	1996	1996	NUM
cjal-3228	425	28	.	.	PUNCT
cjal-3228	426	1	this	this	DET
cjal-3228	426	2	principle	principle	NOUN
cjal-3228	426	3	of	of	ADP
cjal-3228	426	4	current	current	ADJ
cjal-3228	426	5	account	account	NOUN
cjal-3228	426	6	convertibility	convertibility	NOUN
cjal-3228	426	7	is	be	AUX
cjal-3228	426	8	codified	codify	VERB
cjal-3228	426	9	in	in	ADP
cjal-3228	426	10	article	article	NOUN
cjal-3228	426	11	5	5	NUM
cjal-3228	426	12	of	of	ADP
cjal-3228	426	13	the	the	DET
cjal-3228	426	14	forex	forex	ADJ
cjal-3228	426	15	regulations	regulation	NOUN
cjal-3228	426	16	,	,	PUNCT
cjal-3228	426	17	which	which	PRON
cjal-3228	426	18	states	state	VERB
cjal-3228	426	19	that	that	SCONJ
cjal-3228	426	20	china	china	PROPN
cjal-3228	426	21	"	"	PUNCT
cjal-3228	426	22	shall	shall	AUX
cjal-3228	426	23	not	not	PART
cjal-3228	426	24	restrict	restrict	VERB
cjal-3228	426	25	the	the	DET
cjal-3228	426	26	payment	payment	NOUN
cjal-3228	426	27	in	in	ADP
cjal-3228	426	28	and	and	CCONJ
cjal-3228	426	29	transfer	transfer	NOUN
cjal-3228	426	30	of	of	ADP
cjal-3228	426	31	foreign	foreign	ADJ
cjal-3228	426	32	exchange	exchange	NOUN
cjal-3228	426	33	for	for	ADP
cjal-3228	426	34	current	current	ADJ
cjal-3228	426	35	international	international	ADJ
cjal-3228	426	36	transactions	transaction	NOUN
cjal-3228	426	37	.	.	PUNCT
cjal-3228	426	38	"	"	PUNCT
cjal-3228	427	1	in	in	ADP
cjal-3228	427	2	other	other	ADJ
cjal-3228	427	3	words	word	NOUN
cjal-3228	427	4	,	,	PUNCT
cjal-3228	427	5	individuals	individual	NOUN
cjal-3228	427	6	and	and	CCONJ
cjal-3228	427	7	enterprises	enterprise	NOUN
cjal-3228	427	8	are	be	AUX
cjal-3228	427	9	,	,	PUNCT
cjal-3228	427	10	in	in	ADP
cjal-3228	427	11	principle	principle	NOUN
cjal-3228	427	12	,	,	PUNCT
cjal-3228	427	13	free	free	ADJ
cjal-3228	427	14	to	to	PART
cjal-3228	427	15	receive	receive	VERB
cjal-3228	427	16	foreign	foreign	ADJ
cjal-3228	427	17	currency	currency	NOUN
cjal-3228	427	18	as	as	ADP
cjal-3228	427	19	payment	payment	NOUN
cjal-3228	427	20	for	for	ADP
cjal-3228	427	21	international	international	ADJ
cjal-3228	427	22	sales	sale	NOUN
cjal-3228	427	23	that	that	PRON
cjal-3228	427	24	fall	fall	VERB
cjal-3228	427	25	under	under	ADP
cjal-3228	427	26	the	the	DET
cjal-3228	427	27	current	current	ADJ
cjal-3228	427	28	account	account	NOUN
cjal-3228	427	29	as	as	ADV
cjal-3228	427	30	well	well	ADV
cjal-3228	427	31	as	as	ADP
cjal-3228	427	32	to	to	PART
cjal-3228	427	33	procure	procure	VERB
cjal-3228	427	34	and	and	CCONJ
cjal-3228	427	35	use	use	VERB
cjal-3228	427	36	foreign	foreign	ADJ
cjal-3228	427	37	currency	currency	NOUN
cjal-3228	427	38	for	for	ADP
cjal-3228	427	39	similar	similar	ADJ
cjal-3228	427	40	international	international	ADJ
cjal-3228	427	41	purchases	purchase	NOUN
cjal-3228	427	42	.	.	PUNCT
cjal-3228	428	1	by	by	ADP
cjal-3228	428	2	adopting	adopt	VERB
cjal-3228	428	3	current	current	ADJ
cjal-3228	428	4	account	account	NOUN
cjal-3228	428	5	convertibility	convertibility	NOUN
cjal-3228	428	6	,	,	PUNCT
cjal-3228	428	7	the	the	DET
cjal-3228	428	8	chinese	chinese	ADJ
cjal-3228	428	9	government	government	NOUN
cjal-3228	428	10	has	have	AUX
cjal-3228	428	11	partly	partly	ADV
cjal-3228	428	12	abdicated	abdicate	VERB
cjal-3228	428	13	control	control	NOUN
cjal-3228	428	14	of	of	ADP
cjal-3228	428	15	the	the	DET
cjal-3228	428	16	supply	supply	NOUN
cjal-3228	428	17	and	and	CCONJ
cjal-3228	428	18	demand	demand	NOUN
cjal-3228	428	19	of	of	ADP
cjal-3228	428	20	foreign	foreign	ADJ
cjal-3228	428	21	currency	currency	NOUN
cjal-3228	428	22	to	to	ADP
cjal-3228	428	23	market	market	NOUN
cjal-3228	428	24	demands	demand	NOUN
cjal-3228	428	25	.	.	PUNCT
cjal-3228	429	1	though	though	SCONJ
cjal-3228	429	2	technically	technically	ADV
cjal-3228	429	3	not	not	PART
cjal-3228	429	4	restricted	restrict	VERB
cjal-3228	429	5	,	,	PUNCT
cjal-3228	429	6	buying	buy	VERB
cjal-3228	429	7	and	and	CCONJ
cjal-3228	429	8	selling	sell	VERB
cjal-3228	429	9	foreign	foreign	ADJ
cjal-3228	429	10	currency	currency	NOUN
cjal-3228	429	11	for	for	ADP
cjal-3228	429	12	current	current	ADJ
cjal-3228	429	13	account	account	NOUN
cjal-3228	429	14	transactions	transaction	NOUN
cjal-3228	429	15	remains	remain	VERB
cjal-3228	429	16	heavily	heavily	ADV
cjal-3228	429	17	regulated.8	regulated.8	PROPN
cjal-3228	429	18	2	2	NUM
cjal-3228	429	19	in	in	ADP
cjal-3228	429	20	order	order	NOUN
cjal-3228	429	21	to	to	PART
cjal-3228	429	22	prevent	prevent	VERB
cjal-3228	429	23	current	current	ADJ
cjal-3228	429	24	account	account	NOUN
cjal-3228	429	25	convertibility	convertibility	NOUN
cjal-3228	429	26	from	from	ADP
cjal-3228	429	27	threatening	threaten	VERB
cjal-3228	429	28	china	china	PROPN
cjal-3228	429	29	's	's	PART
cjal-3228	429	30	supply	supply	NOUN
cjal-3228	429	31	of	of	ADP
cjal-3228	429	32	foreign	foreign	ADJ
cjal-3228	429	33	currency	currency	NOUN
cjal-3228	429	34	,	,	PUNCT
cjal-3228	429	35	the	the	DET
cjal-3228	429	36	regulatory	regulatory	ADJ
cjal-3228	429	37	regime	regime	NOUN
cjal-3228	429	38	for	for	ADP
cjal-3228	429	39	current	current	ADJ
cjal-3228	429	40	account	account	NOUN
cjal-3228	429	41	transactions	transaction	NOUN
cjal-3228	429	42	is	be	AUX
cjal-3228	429	43	designed	design	VERB
cjal-3228	429	44	primarily	primarily	ADV
cjal-3228	429	45	to	to	ADP
cjal-3228	429	46	:	:	PUNCT
cjal-3228	429	47	1	1	X
cjal-3228	429	48	)	)	PUNCT
cjal-3228	429	49	ensure	ensure	VERB
cjal-3228	429	50	that	that	SCONJ
cjal-3228	429	51	all	all	DET
cjal-3228	429	52	current	current	ADJ
cjal-3228	429	53	account	account	NOUN
cjal-3228	429	54	earnings	earning	NOUN
cjal-3228	429	55	are	be	AUX
cjal-3228	429	56	repatriated	repatriate	VERB
cjal-3228	429	57	,	,	PUNCT
cjal-3228	429	58	and	and	CCONJ
cjal-3228	429	59	2	2	X
cjal-3228	429	60	)	)	PUNCT
cjal-3228	429	61	protect	protect	NOUN
cjal-3228	429	62	against	against	ADP
cjal-3228	429	63	the	the	DET
cjal-3228	429	64	use	use	NOUN
cjal-3228	429	65	of	of	ADP
cjal-3228	429	66	false	false	ADJ
cjal-3228	429	67	records	record	NOUN
cjal-3228	429	68	of	of	ADP
cjal-3228	429	69	current	current	ADJ
cjal-3228	429	70	account	account	NOUN
cjal-3228	429	71	transactions	transaction	NOUN
cjal-3228	429	72	to	to	PART
cjal-3228	429	73	illegally	illegally	ADV
cjal-3228	429	74	remit	remit	VERB
cjal-3228	429	75	foreign	foreign	ADJ
cjal-3228	429	76	currency	currency	NOUN
cjal-3228	429	77	out	out	ADP
cjal-3228	429	78	of	of	ADP
cjal-3228	429	79	the	the	DET
cjal-3228	429	80	country	country	NOUN
cjal-3228	429	81	.	.	PUNCT
cjal-3228	430	1	safe	safe	ADJ
cjal-3228	430	2	and	and	CCONJ
cjal-3228	430	3	the	the	DET
cjal-3228	430	4	other	other	ADJ
cjal-3228	430	5	administrative	administrative	ADJ
cjal-3228	430	6	agencies	agency	NOUN
cjal-3228	430	7	carry	carry	VERB
cjal-3228	430	8	out	out	ADP
cjal-3228	430	9	these	these	DET
cjal-3228	430	10	goals	goal	NOUN
cjal-3228	430	11	primarily	primarily	ADV
cjal-3228	430	12	through	through	ADP
cjal-3228	430	13	the	the	DET
cjal-3228	430	14	use	use	NOUN
cjal-3228	430	15	of	of	ADP
cjal-3228	430	16	three	three	NUM
cjal-3228	430	17	administrative	administrative	ADJ
cjal-3228	430	18	tools	tool	NOUN
cjal-3228	430	19	:	:	PUNCT
cjal-3228	430	20	1	1	X
cjal-3228	430	21	.	.	X
cjal-3228	430	22	monitoring	monitor	VERB
cjal-3228	430	23	and	and	CCONJ
cjal-3228	430	24	supervising	supervise	VERB
cjal-3228	430	25	foreign	foreign	ADJ
cjal-3228	430	26	exchange	exchange	NOUN
cjal-3228	430	27	bank	bank	NOUN
cjal-3228	430	28	accounts	account	NOUN
cjal-3228	430	29	;	;	PUNCT
cjal-3228	430	30	2	2	X
cjal-3228	430	31	.	.	X
cjal-3228	430	32	establishing	establish	VERB
cjal-3228	430	33	documentation	documentation	NOUN
cjal-3228	430	34	requirements	requirement	NOUN
cjal-3228	430	35	for	for	ADP
cjal-3228	430	36	the	the	DET
cjal-3228	430	37	procurement	procurement	NOUN
cjal-3228	430	38	of	of	ADP
cjal-3228	430	39	foreign	foreign	ADJ
cjal-3228	430	40	currency	currency	NOUN
cjal-3228	430	41	for	for	ADP
cjal-3228	430	42	current	current	ADJ
cjal-3228	430	43	account	account	NOUN
cjal-3228	430	44	purchases	purchase	NOUN
cjal-3228	430	45	;	;	PUNCT
cjal-3228	430	46	and	and	CCONJ
cjal-3228	430	47	3	3	X
cjal-3228	430	48	.	.	X
cjal-3228	430	49	conducting	conduct	VERB
cjal-3228	430	50	ex	ex	PRON
cjal-3228	430	51	post	post	NOUN
cjal-3228	430	52	verification	verification	NOUN
cjal-3228	430	53	of	of	ADP
cjal-3228	430	54	the	the	DET
cjal-3228	430	55	authenticity	authenticity	NOUN
cjal-3228	430	56	of	of	ADP
cjal-3228	430	57	payments	payment	NOUN
cjal-3228	430	58	and	and	CCONJ
cjal-3228	430	59	receipts	receipt	NOUN
cjal-3228	430	60	for	for	ADP
cjal-3228	430	61	international	international	ADJ
cjal-3228	430	62	commercial	commercial	ADJ
cjal-3228	430	63	transactions	transaction	NOUN
cjal-3228	430	64	.	.	PUNCT
cjal-3228	431	1	the	the	DET
cjal-3228	431	2	most	most	ADV
cjal-3228	431	3	fundamental	fundamental	ADJ
cjal-3228	431	4	restriction	restriction	NOUN
cjal-3228	431	5	on	on	ADP
cjal-3228	431	6	current	current	ADJ
cjal-3228	431	7	account	account	NOUN
cjal-3228	431	8	earnings	earning	NOUN
cjal-3228	431	9	is	be	AUX
cjal-3228	431	10	the	the	DET
cjal-3228	431	11	repatriation	repatriation	NOUN
cjal-3228	431	12	requirement	requirement	NOUN
cjal-3228	431	13	.	.	PUNCT
cjal-3228	432	1	article	article	NOUN
cjal-3228	432	2	9	9	NUM
cjal-3228	432	3	of	of	ADP
cjal-3228	432	4	the	the	DET
cjal-3228	432	5	forex	forex	ADJ
cjal-3228	432	6	regulations	regulation	NOUN
cjal-3228	432	7	requires	require	VERB
cjal-3228	432	8	the	the	DET
cjal-3228	432	9	repatriation	repatriation	NOUN
cjal-3228	432	10	of	of	ADP
cjal-3228	432	11	all	all	DET
cjal-3228	432	12	foreign	foreign	ADJ
cjal-3228	432	13	exchange	exchange	NOUN
cjal-3228	432	14	receipts	receipt	NOUN
cjal-3228	432	15	of	of	ADP
cjal-3228	432	16	domestic	domestic	ADJ
cjal-3228	432	17	82	82	NUM
cjal-3228	432	18	in	in	ADP
cjal-3228	432	19	terms	term	NOUN
cjal-3228	432	20	of	of	ADP
cjal-3228	432	21	sheer	sheer	ADJ
cjal-3228	432	22	number	number	NOUN
cjal-3228	432	23	of	of	ADP
cjal-3228	432	24	regulations	regulation	NOUN
cjal-3228	432	25	,	,	PUNCT
cjal-3228	432	26	current	current	ADJ
cjal-3228	432	27	account	account	NOUN
cjal-3228	432	28	transactions	transaction	NOUN
cjal-3228	432	29	are	be	AUX
cjal-3228	432	30	more	more	ADV
cjal-3228	432	31	regulated	regulated	ADJ
cjal-3228	432	32	than	than	ADP
cjal-3228	432	33	capital	capital	NOUN
cjal-3228	432	34	account	account	NOUN
cjal-3228	432	35	transactions	transaction	NOUN
cjal-3228	432	36	.	.	PUNCT
cjal-3228	433	1	2004	2004	NUM
cjal-3228	433	2	]	]	PUNCT
cjal-3228	433	3	columbia	columbia	PROPN
cjal-3228	433	4	journal	journal	PROPN
cjal-3228	433	5	ofasianlaw	ofasianlaw	NOUN
cjal-3228	433	6	institutions	institution	NOUN
cjal-3228	433	7	83	83	NUM
cjal-3228	433	8	and	and	CCONJ
cjal-3228	433	9	prohibits	prohibit	VERB
cjal-3228	433	10	their	their	PRON
cjal-3228	433	11	deposit	deposit	NOUN
cjal-3228	433	12	abroad	abroad	ADV
cjal-3228	433	13	without	without	ADP
cjal-3228	433	14	specified	specify	VERB
cjal-3228	433	15	authorization	authorization	NOUN
cjal-3228	433	16	.	.	PUNCT
cjal-3228	434	1	without	without	ADP
cjal-3228	434	2	this	this	DET
cjal-3228	434	3	provision	provision	NOUN
cjal-3228	434	4	,	,	PUNCT
cjal-3228	434	5	china	china	PROPN
cjal-3228	434	6	could	could	AUX
cjal-3228	434	7	possibly	possibly	ADV
cjal-3228	434	8	face	face	VERB
cjal-3228	434	9	a	a	DET
cjal-3228	434	10	currency	currency	NOUN
cjal-3228	434	11	crisis	crisis	NOUN
cjal-3228	434	12	even	even	ADV
cjal-3228	434	13	while	while	SCONJ
cjal-3228	434	14	enjoying	enjoy	VERB
cjal-3228	434	15	a	a	DET
cjal-3228	434	16	substantial	substantial	ADJ
cjal-3228	434	17	current	current	ADJ
cjal-3228	434	18	account	account	NOUN
cjal-3228	434	19	surplus	surplus	NOUN
cjal-3228	434	20	.	.	PUNCT
cjal-3228	435	1	that	that	PRON
cjal-3228	435	2	is	be	AUX
cjal-3228	435	3	to	to	PART
cjal-3228	435	4	say	say	VERB
cjal-3228	435	5	,	,	PUNCT
cjal-3228	435	6	if	if	SCONJ
cjal-3228	435	7	companies	company	NOUN
cjal-3228	435	8	could	could	AUX
cjal-3228	435	9	purchase	purchase	VERB
cjal-3228	435	10	forex	forex	NOUN
cjal-3228	435	11	freely	freely	ADV
cjal-3228	435	12	for	for	ADP
cjal-3228	435	13	current	current	ADJ
cjal-3228	435	14	account	account	NOUN
cjal-3228	435	15	transactions	transaction	NOUN
cjal-3228	435	16	but	but	CCONJ
cjal-3228	435	17	did	do	AUX
cjal-3228	435	18	not	not	PART
cjal-3228	435	19	have	have	VERB
cjal-3228	435	20	to	to	PART
cjal-3228	435	21	repatriate	repatriate	VERB
cjal-3228	435	22	their	their	PRON
cjal-3228	435	23	current	current	ADJ
cjal-3228	435	24	account	account	NOUN
cjal-3228	435	25	receipts	receipt	NOUN
cjal-3228	435	26	,	,	PUNCT
cjal-3228	435	27	the	the	DET
cjal-3228	435	28	supply	supply	NOUN
cjal-3228	435	29	of	of	ADP
cjal-3228	435	30	foreign	foreign	ADJ
cjal-3228	435	31	currency	currency	NOUN
cjal-3228	435	32	in	in	ADP
cjal-3228	435	33	the	the	DET
cjal-3228	435	34	forex	forex	ADJ
cjal-3228	435	35	market	market	NOUN
cjal-3228	435	36	might	might	AUX
cjal-3228	435	37	be	be	AUX
cjal-3228	435	38	insufficient	insufficient	ADJ
cjal-3228	435	39	to	to	PART
cjal-3228	435	40	support	support	VERB
cjal-3228	435	41	its	its	PRON
cjal-3228	435	42	demand	demand	NOUN
cjal-3228	435	43	,	,	PUNCT
cjal-3228	435	44	thus	thus	ADV
cjal-3228	435	45	threatening	threaten	VERB
cjal-3228	435	46	to	to	PART
cjal-3228	435	47	dramatically	dramatically	ADV
cjal-3228	435	48	drive	drive	VERB
cjal-3228	435	49	up	up	ADP
cjal-3228	435	50	the	the	DET
cjal-3228	435	51	price	price	NOUN
cjal-3228	435	52	of	of	ADP
cjal-3228	435	53	foreign	foreign	ADJ
cjal-3228	435	54	currency	currency	NOUN
cjal-3228	435	55	in	in	ADP
cjal-3228	435	56	the	the	DET
cjal-3228	435	57	interbank	interbank	NOUN
cjal-3228	435	58	market	market	NOUN
cjal-3228	435	59	.	.	PUNCT
cjal-3228	436	1	upon	upon	SCONJ
cjal-3228	436	2	repatriation	repatriation	NOUN
cjal-3228	436	3	,	,	PUNCT
cjal-3228	436	4	current	current	ADJ
cjal-3228	436	5	account	account	NOUN
cjal-3228	436	6	receipts	receipt	NOUN
cjal-3228	436	7	must	must	AUX
cjal-3228	436	8	either	either	CCONJ
cjal-3228	436	9	be	be	AUX
cjal-3228	436	10	converted	convert	VERB
cjal-3228	436	11	into	into	ADP
cjal-3228	436	12	renminbi	renminbi	NOUN
cjal-3228	436	13	or	or	CCONJ
cjal-3228	436	14	deposited	deposit	VERB
cjal-3228	436	15	in	in	ADP
cjal-3228	436	16	a	a	DET
cjal-3228	436	17	current	current	ADJ
cjal-3228	436	18	account	account	NOUN
cjal-3228	436	19	foreign	foreign	PROPN
cjal-3228	436	20	exchange	exchange	PROPN
cjal-3228	436	21	bank	bank	PROPN
cjal-3228	436	22	account	account	NOUN
cjal-3228	436	23	,	,	PUNCT
cjal-3228	436	24	both	both	PRON
cjal-3228	436	25	to	to	PART
cjal-3228	436	26	be	be	AUX
cjal-3228	436	27	done	do	VERB
cjal-3228	436	28	at	at	ADP
cjal-3228	436	29	one	one	NUM
cjal-3228	436	30	of	of	ADP
cjal-3228	436	31	the	the	DET
cjal-3228	436	32	designated	designate	VERB
cjal-3228	436	33	foreign	foreign	ADJ
cjal-3228	436	34	exchange	exchange	NOUN
cjal-3228	436	35	banks	bank	NOUN
cjal-3228	436	36	.	.	PUNCT
cjal-3228	437	1	i	i	PRON
cjal-3228	437	2	all	all	DET
cjal-3228	437	3	outbound	outbound	ADJ
cjal-3228	437	4	payments	payment	NOUN
cjal-3228	437	5	in	in	ADP
cjal-3228	437	6	foreign	foreign	ADJ
cjal-3228	437	7	currency	currency	NOUN
cjal-3228	437	8	similarly	similarly	ADV
cjal-3228	437	9	must	must	AUX
cjal-3228	437	10	be	be	AUX
cjal-3228	437	11	conducted	conduct	VERB
cjal-3228	437	12	through	through	ADP
cjal-3228	437	13	a	a	DET
cjal-3228	437	14	designated	designate	VERB
cjal-3228	437	15	forex	forex	ADJ
cjal-3228	437	16	bank	bank	NOUN
cjal-3228	437	17	,	,	PUNCT
cjal-3228	437	18	either	either	CCONJ
cjal-3228	437	19	by	by	ADP
cjal-3228	437	20	purchasing	purchase	VERB
cjal-3228	437	21	foreign	foreign	ADJ
cjal-3228	437	22	currency	currency	NOUN
cjal-3228	437	23	from	from	ADP
cjal-3228	437	24	the	the	DET
cjal-3228	437	25	bank	bank	NOUN
cjal-3228	437	26	or	or	CCONJ
cjal-3228	437	27	by	by	ADP
cjal-3228	437	28	running	run	VERB
cjal-3228	437	29	down	down	ADP
cjal-3228	437	30	one	one	PRON
cjal-3228	437	31	's	's	PART
cjal-3228	437	32	foreign	foreign	ADJ
cjal-3228	437	33	exchange	exchange	NOUN
cjal-3228	437	34	account	account	NOUN
cjal-3228	437	35	.	.	PUNCT
cjal-3228	437	36	"	"	PUNCT
cjal-3228	438	1	no	no	ADV
cjal-3228	438	2	matter	matter	ADV
cjal-3228	438	3	which	which	PRON
cjal-3228	438	4	of	of	ADP
cjal-3228	438	5	these	these	DET
cjal-3228	438	6	two	two	NUM
cjal-3228	438	7	options	option	NOUN
cjal-3228	438	8	the	the	DET
cjal-3228	438	9	domestic	domestic	ADJ
cjal-3228	438	10	institution	institution	NOUN
cjal-3228	438	11	chooses	choose	VERB
cjal-3228	438	12	,	,	PUNCT
cjal-3228	438	13	in	in	ADP
cjal-3228	438	14	order	order	NOUN
cjal-3228	438	15	to	to	PART
cjal-3228	438	16	transfer	transfer	VERB
cjal-3228	438	17	the	the	DET
cjal-3228	438	18	funds	fund	NOUN
cjal-3228	438	19	overseas	overseas	ADV
cjal-3228	438	20	,	,	PUNCT
cjal-3228	438	21	it	it	PRON
cjal-3228	438	22	must	must	AUX
cjal-3228	438	23	provide	provide	VERB
cjal-3228	438	24	to	to	ADP
cjal-3228	438	25	the	the	DET
cjal-3228	438	26	bank	bank	NOUN
cjal-3228	438	27	documentation	documentation	NOUN
cjal-3228	438	28	proving	prove	VERB
cjal-3228	438	29	the	the	DET
cjal-3228	438	30	authenticity	authenticity	NOUN
cjal-3228	438	31	and	and	CCONJ
cjal-3228	438	32	legality	legality	NOUN
cjal-3228	438	33	of	of	ADP
cjal-3228	438	34	the	the	DET
cjal-3228	438	35	underlying	underlie	VERB
cjal-3228	438	36	current	current	ADJ
cjal-3228	438	37	account	account	NOUN
cjal-3228	438	38	transaction.86	transaction.86	NOUN
cjal-3228	438	39	the	the	DET
cjal-3228	438	40	gist	gist	NOUN
cjal-3228	438	41	of	of	ADP
cjal-3228	438	42	83	83	NUM
cjal-3228	438	43	here	here	ADV
cjal-3228	438	44	,	,	PUNCT
cjal-3228	438	45	as	as	SCONJ
cjal-3228	438	46	is	be	AUX
cjal-3228	438	47	generally	generally	ADV
cjal-3228	438	48	the	the	DET
cjal-3228	438	49	case	case	NOUN
cjal-3228	438	50	,	,	PUNCT
cjal-3228	438	51	"	"	PUNCT
cjal-3228	438	52	domestic	domestic	ADJ
cjal-3228	438	53	institution	institution	NOUN
cjal-3228	438	54	"	"	PUNCT
cjal-3228	438	55	(	(	PUNCT
cjal-3228	438	56	jingnei	jingnei	PROPN
cjal-3228	438	57	igou	igou	NOUN
cjal-3228	438	58	)	)	PUNCT
cjal-3228	438	59	includes	include	VERB
cjal-3228	438	60	fies	fie	NOUN
cjal-3228	438	61	.	.	PUNCT
cjal-3228	439	1	forex	forex	ADJ
cjal-3228	439	2	regulations	regulation	NOUN
cjal-3228	439	3	,	,	PUNCT
cjal-3228	439	4	supra	supra	PROPN
cjal-3228	439	5	note	note	NOUN
cjal-3228	439	6	40	40	NUM
cjal-3228	439	7	.	.	PUNCT
cjal-3228	440	1	art	art	NOUN
cjal-3228	440	2	.	.	PUNCT
cjal-3228	441	1	52(1	52(1	NOUN
cjal-3228	441	2	)	)	PUNCT
cjal-3228	441	3	.	.	PUNCT
cjal-3228	442	1	forex	forex	ADJ
cjal-3228	442	2	regulations	regulation	NOUN
cjal-3228	442	3	,	,	PUNCT
cjal-3228	442	4	supra	supra	PROPN
cjal-3228	442	5	note	note	NOUN
cjal-3228	442	6	40	40	NUM
cjal-3228	442	7	,	,	PUNCT
cjal-3228	442	8	art	art	NOUN
cjal-3228	442	9	.	.	PUNCT
cjal-3228	443	1	10	10	NUM
cjal-3228	443	2	.	.	X
cjal-3228	444	1	any	any	DET
cjal-3228	444	2	domestic	domestic	ADJ
cjal-3228	444	3	institution	institution	NOUN
cjal-3228	444	4	with	with	ADP
cjal-3228	444	5	a	a	DET
cjal-3228	444	6	license	license	NOUN
cjal-3228	444	7	to	to	PART
cjal-3228	444	8	engage	engage	VERB
cjal-3228	444	9	in	in	ADP
cjal-3228	444	10	international	international	ADJ
cjal-3228	444	11	business	business	NOUN
cjal-3228	444	12	,	,	PUNCT
cjal-3228	444	13	including	include	VERB
cjal-3228	444	14	fies	fie	NOUN
cjal-3228	444	15	but	but	CCONJ
cjal-3228	444	16	not	not	PART
cjal-3228	444	17	including	include	VERB
cjal-3228	444	18	financial	financial	ADJ
cjal-3228	444	19	institutions	institution	NOUN
cjal-3228	444	20	,	,	PUNCT
cjal-3228	444	21	may	may	AUX
cjal-3228	444	22	open	open	VERB
cjal-3228	444	23	a	a	DET
cjal-3228	444	24	current	current	ADJ
cjal-3228	444	25	account	account	NOUN
cjal-3228	444	26	forex	forex	PROPN
cjal-3228	444	27	bank	bank	PROPN
cjal-3228	444	28	account	account	VERB
cjal-3228	444	29	upon	upon	SCONJ
cjal-3228	444	30	registration	registration	NOUN
cjal-3228	444	31	with	with	ADP
cjal-3228	444	32	and	and	CCONJ
cjal-3228	444	33	approval	approval	NOUN
cjal-3228	444	34	by	by	ADP
cjal-3228	444	35	its	its	PRON
cjal-3228	444	36	local	local	ADJ
cjal-3228	444	37	safe	safe	ADJ
cjal-3228	444	38	branch	branch	NOUN
cjal-3228	444	39	.	.	PUNCT
cjal-3228	445	1	current	current	ADJ
cjal-3228	445	2	account	account	PROPN
cjal-3228	445	3	forex	forex	PROPN
cjal-3228	445	4	account	account	NOUN
cjal-3228	445	5	rules	rule	NOUN
cjal-3228	445	6	,	,	PUNCT
cjal-3228	445	7	supra	supra	PROPN
cjal-3228	445	8	note	note	NOUN
cjal-3228	445	9	71	71	NUM
cjal-3228	445	10	,	,	PUNCT
cjal-3228	445	11	arts	art	NOUN
cjal-3228	445	12	.	.	PUNCT
cjal-3228	446	1	2,3,5	2,3,5	NUM
cjal-3228	446	2	.	.	NOUN
cjal-3228	446	3	prior	prior	ADV
cjal-3228	446	4	to	to	ADP
cjal-3228	446	5	the	the	DET
cjal-3228	446	6	issuance	issuance	NOUN
cjal-3228	446	7	of	of	ADP
cjal-3228	446	8	the	the	DET
cjal-3228	446	9	current	current	ADJ
cjal-3228	446	10	account	account	NOUN
cjal-3228	446	11	forex	forex	PROPN
cjal-3228	446	12	account	account	NOUN
cjal-3228	446	13	rules	rule	NOUN
cjal-3228	446	14	,	,	PUNCT
cjal-3228	446	15	which	which	PRON
cjal-3228	446	16	came	come	VERB
cjal-3228	446	17	into	into	ADP
cjal-3228	446	18	effect	effect	NOUN
cjal-3228	446	19	in	in	ADP
cjal-3228	446	20	october	october	PROPN
cjal-3228	446	21	2002	2002	NUM
cjal-3228	446	22	,	,	PUNCT
cjal-3228	446	23	the	the	DET
cjal-3228	446	24	rules	rule	NOUN
cjal-3228	446	25	for	for	ADP
cjal-3228	446	26	opening	open	VERB
cjal-3228	446	27	a	a	DET
cjal-3228	446	28	forex	forex	ADJ
cjal-3228	446	29	account	account	NOUN
cjal-3228	446	30	and	and	CCONJ
cjal-3228	446	31	retaining	retain	VERB
cjal-3228	446	32	hard	hard	ADJ
cjal-3228	446	33	currency	currency	NOUN
cjal-3228	446	34	were	be	AUX
cjal-3228	446	35	different	different	ADJ
cjal-3228	446	36	for	for	ADP
cjal-3228	446	37	domestic	domestic	ADJ
cjal-3228	446	38	enterprises	enterprise	NOUN
cjal-3228	446	39	and	and	CCONJ
cjal-3228	446	40	f1es	f1es	PUNCT
cjal-3228	446	41	.	.	PUNCT
cjal-3228	447	1	the	the	DET
cjal-3228	447	2	current	current	ADJ
cjal-3228	447	3	account	account	PROPN
cjal-3228	447	4	forex	forex	PROPN
cjal-3228	447	5	account	account	NOUN
cjal-3228	447	6	rules	rule	NOUN
cjal-3228	447	7	standardized	standardize	VERB
cjal-3228	447	8	procedures	procedure	NOUN
cjal-3228	447	9	and	and	CCONJ
cjal-3228	447	10	regulations	regulation	NOUN
cjal-3228	447	11	for	for	ADP
cjal-3228	447	12	both	both	DET
cjal-3228	447	13	chinese	chinese	ADJ
cjal-3228	447	14	enterprises	enterprise	NOUN
cjal-3228	447	15	and	and	CCONJ
cjal-3228	447	16	fies	fie	NOUN
cjal-3228	447	17	in	in	ADP
cjal-3228	447	18	order	order	NOUN
cjal-3228	447	19	to	to	PART
cjal-3228	447	20	bring	bring	VERB
cjal-3228	447	21	them	they	PRON
cjal-3228	447	22	into	into	ADP
cjal-3228	447	23	compliance	compliance	NOUN
cjal-3228	447	24	with	with	ADP
cjal-3228	447	25	wto	wto	PROPN
cjal-3228	447	26	requirements	requirement	NOUN
cjal-3228	447	27	.	.	PUNCT
cjal-3228	448	1	under	under	ADP
cjal-3228	448	2	these	these	DET
cjal-3228	448	3	regulations	regulation	NOUN
cjal-3228	448	4	,	,	PUNCT
cjal-3228	448	5	every	every	DET
cjal-3228	448	6	account	account	NOUN
cjal-3228	448	7	is	be	AUX
cjal-3228	448	8	given	give	VERB
cjal-3228	448	9	a	a	DET
cjal-3228	448	10	ceiling	ceiling	NOUN
cjal-3228	448	11	on	on	ADP
cjal-3228	448	12	the	the	DET
cjal-3228	448	13	amount	amount	NOUN
cjal-3228	448	14	of	of	ADP
cjal-3228	448	15	foreign	foreign	ADJ
cjal-3228	448	16	currency	currency	NOUN
cjal-3228	448	17	,	,	PUNCT
cjal-3228	448	18	in	in	ADP
cjal-3228	448	19	terms	term	NOUN
cjal-3228	448	20	of	of	ADP
cjal-3228	448	21	us	us	PROPN
cjal-3228	448	22	dollars	dollar	NOUN
cjal-3228	448	23	,	,	PUNCT
cjal-3228	448	24	which	which	PRON
cjal-3228	448	25	may	may	AUX
cjal-3228	448	26	be	be	AUX
cjal-3228	448	27	held	hold	VERB
cjal-3228	448	28	in	in	ADP
cjal-3228	448	29	the	the	DET
cjal-3228	448	30	account	account	NOUN
cjal-3228	448	31	(	(	PUNCT
cjal-3228	448	32	in	in	ADP
cjal-3228	448	33	general	general	ADJ
cjal-3228	448	34	,	,	PUNCT
cjal-3228	448	35	up	up	ADV
cjal-3228	448	36	to	to	PART
cjal-3228	448	37	20	20	NUM
cjal-3228	448	38	%	%	NOUN
cjal-3228	448	39	of	of	ADP
cjal-3228	448	40	the	the	DET
cjal-3228	448	41	previous	previous	ADJ
cjal-3228	448	42	year	year	NOUN
cjal-3228	448	43	's	's	PART
cjal-3228	448	44	equivalent	equivalent	ADJ
cjal-3228	448	45	earnings	earning	NOUN
cjal-3228	448	46	,	,	PUNCT
cjal-3228	448	47	or	or	CCONJ
cjal-3228	448	48	,	,	PUNCT
cjal-3228	448	49	if	if	SCONJ
cjal-3228	448	50	the	the	DET
cjal-3228	448	51	company	company	NOUN
cjal-3228	448	52	did	do	AUX
cjal-3228	448	53	not	not	PART
cjal-3228	448	54	have	have	VERB
cjal-3228	448	55	foreign	foreign	ADJ
cjal-3228	448	56	currency	currency	NOUN
cjal-3228	448	57	earnings	earning	NOUN
cjal-3228	448	58	the	the	DET
cjal-3228	448	59	previous	previous	ADJ
cjal-3228	448	60	year	year	NOUN
cjal-3228	448	61	,	,	PUNCT
cjal-3228	448	62	no	no	PRON
cjal-3228	448	63	more	more	ADJ
cjal-3228	448	64	than	than	ADP
cjal-3228	448	65	us$100,000	us$100,000	NUM
cjal-3228	448	66	)	)	PUNCT
cjal-3228	448	67	.	.	PUNCT
cjal-3228	449	1	i	i	PRON
cjal-3228	449	2	d.	d.	PROPN
cjal-3228	449	3	art	art	PROPN
cjal-3228	449	4	.	.	PUNCT
cjal-3228	450	1	17	17	NUM
cjal-3228	450	2	.	.	PUNCT
cjal-3228	451	1	all	all	DET
cjal-3228	451	2	remaining	remain	VERB
cjal-3228	451	3	current	current	ADJ
cjal-3228	451	4	account	account	NOUN
cjal-3228	451	5	earnings	earning	NOUN
cjal-3228	451	6	must	must	AUX
cjal-3228	451	7	be	be	AUX
cjal-3228	451	8	converted	convert	VERB
cjal-3228	451	9	immediately	immediately	ADV
cjal-3228	451	10	at	at	ADP
cjal-3228	451	11	the	the	DET
cjal-3228	451	12	market	market	NOUN
cjal-3228	451	13	rate	rate	NOUN
cjal-3228	451	14	.	.	PUNCT
cjal-3228	452	1	i	i	PRON
cjal-3228	452	2	d.	d.	PROPN
cjal-3228	452	3	art	art	PROPN
cjal-3228	452	4	.	.	PUNCT
cjal-3228	453	1	14	14	NUM
cjal-3228	453	2	.	.	SYM
cjal-3228	453	3	85	85	NUM
cjal-3228	453	4	forex	forex	ADJ
cjal-3228	453	5	settlement	settlement	NOUN
cjal-3228	453	6	provisions	provision	NOUN
cjal-3228	453	7	,	,	PUNCT
cjal-3228	453	8	supra	supra	PROPN
cjal-3228	453	9	note	note	NOUN
cjal-3228	453	10	61	61	NUM
cjal-3228	453	11	,	,	PUNCT
cjal-3228	453	12	arts	art	NOUN
cjal-3228	453	13	.	.	PUNCT
cjal-3228	454	1	13	13	NUM
cjal-3228	454	2	-	-	SYM
cjal-3228	454	3	18	18	NUM
cjal-3228	454	4	86	86	NUM
cjal-3228	454	5	i	i	PRON
cjal-3228	454	6	d.	d.	PROPN
cjal-3228	454	7	before	before	SCONJ
cjal-3228	454	8	an	an	DET
cjal-3228	454	9	importer	importer	NOUN
cjal-3228	454	10	may	may	AUX
cjal-3228	454	11	directly	directly	ADV
cjal-3228	454	12	remit	remit	VERB
cjal-3228	454	13	foreign	foreign	ADJ
cjal-3228	454	14	currency	currency	NOUN
cjal-3228	454	15	abroad	abroad	ADV
cjal-3228	454	16	through	through	ADP
cjal-3228	454	17	a	a	DET
cjal-3228	454	18	designated	designate	VERB
cjal-3228	454	19	forex	forex	ADJ
cjal-3228	454	20	bank	bank	NOUN
cjal-3228	454	21	,	,	PUNCT
cjal-3228	454	22	the	the	DET
cjal-3228	454	23	importer	importer	NOUN
cjal-3228	454	24	must	must	AUX
cjal-3228	454	25	be	be	AUX
cjal-3228	454	26	registered	register	VERB
cjal-3228	454	27	as	as	ADP
cjal-3228	454	28	such	such	ADJ
cjal-3228	454	29	with	with	ADP
cjal-3228	454	30	safe	safe	ADJ
cjal-3228	454	31	.	.	PUNCT
cjal-3228	455	1	maoyi	maoyi	PROPN
cjal-3228	455	2	jinkou	jinkou	PROPN
cjal-3228	455	3	fuhui	fuhui	PROPN
cjal-3228	455	4	hexiao	hexiao	PROPN
cjal-3228	455	5	jianguan	jianguan	PROPN
cjal-3228	455	6	zanxing	zanxing	PROPN
cjal-3228	455	7	banfa	banfa	PROPN
cjal-3228	455	8	[	[	X
cjal-3228	455	9	provisional	provisional	ADJ
cjal-3228	455	10	measures	measure	NOUN
cjal-3228	455	11	for	for	ADP
cjal-3228	455	12	the	the	DET
cjal-3228	455	13	supervision	supervision	NOUN
cjal-3228	455	14	of	of	ADP
cjal-3228	455	15	the	the	DET
cjal-3228	455	16	verification	verification	NOUN
cjal-3228	455	17	of	of	ADP
cjal-3228	455	18	foreign	foreign	ADJ
cjal-3228	455	19	exchange	exchange	NOUN
cjal-3228	455	20	paid	pay	VERB
cjal-3228	455	21	for	for	ADP
cjal-3228	455	22	trade	trade	NOUN
cjal-3228	455	23	imports	import	NOUN
cjal-3228	455	24	]	]	PUNCT
cjal-3228	455	25	(	(	PUNCT
cjal-3228	455	26	import	import	NOUN
cjal-3228	455	27	verification	verification	NOUN
cjal-3228	455	28	measures	measure	NOUN
cjal-3228	455	29	)	)	PUNCT
cjal-3228	455	30	,	,	PUNCT
cjal-3228	455	31	promulgated	promulgate	VERB
cjal-3228	455	32	by	by	ADP
cjal-3228	455	33	safe	safe	ADJ
cjal-3228	455	34	on	on	ADP
cjal-3228	455	35	jan	jan	PROPN
cjal-3228	455	36	.	.	PROPN
cjal-3228	455	37	17	17	NUM
cjal-3228	455	38	,	,	PUNCT
cjal-3228	455	39	1997	1997	NUM
cjal-3228	455	40	and	and	CCONJ
cjal-3228	455	41	effective	effective	ADJ
cjal-3228	455	42	as	as	ADP
cjal-3228	455	43	of	of	ADP
cjal-3228	455	44	march	march	PROPN
cjal-3228	455	45	1	1	NUM
cjal-3228	455	46	,	,	PUNCT
cjal-3228	455	47	1997	1997	NUM
cjal-3228	455	48	,	,	PUNCT
cjal-3228	455	49	art	art	NOUN
cjal-3228	455	50	6	6	NUM
cjal-3228	455	51	.	.	PUNCT
cjal-3228	456	1	the	the	DET
cjal-3228	456	2	documentation	documentation	NOUN
cjal-3228	456	3	requirements	requirement	NOUN
cjal-3228	456	4	depend	depend	VERB
cjal-3228	456	5	on	on	ADP
cjal-3228	456	6	the	the	DET
cjal-3228	456	7	mode	mode	NOUN
cjal-3228	456	8	of	of	ADP
cjal-3228	456	9	payment	payment	NOUN
cjal-3228	456	10	and	and	CCONJ
cjal-3228	456	11	the	the	DET
cjal-3228	456	12	type	type	NOUN
cjal-3228	456	13	of	of	ADP
cjal-3228	456	14	underlying	underlie	VERB
cjal-3228	456	15	transaction	transaction	NOUN
cjal-3228	456	16	.	.	PUNCT
cjal-3228	457	1	documentation	documentation	NOUN
cjal-3228	457	2	requirements	requirement	NOUN
cjal-3228	457	3	for	for	ADP
cjal-3228	457	4	so	so	ADV
cjal-3228	457	5	-	-	PUNCT
cjal-3228	457	6	called	call	VERB
cjal-3228	457	7	"	"	PUNCT
cjal-3228	457	8	non	non	ADJ
cjal-3228	457	9	-	-	ADJ
cjal-3228	457	10	trade	trade	ADJ
cjal-3228	457	11	transactions	transaction	NOUN
cjal-3228	457	12	"	"	PUNCT
cjal-3228	457	13	can	can	AUX
cjal-3228	457	14	be	be	AUX
cjal-3228	457	15	particularly	particularly	ADV
cjal-3228	457	16	complicated	complicated	ADJ
cjal-3228	457	17	and	and	CCONJ
cjal-3228	457	18	onerous	onerous	ADJ
cjal-3228	457	19	.	.	PUNCT
cjal-3228	458	1	see	see	VERB
cjal-3228	458	2	jones	jones	PROPN
cjal-3228	458	3	,	,	PUNCT
cjal-3228	458	4	supra	supra	PROPN
cjal-3228	458	5	note	note	PROPN
cjal-3228	458	6	59	59	NUM
cjal-3228	458	7	,	,	PUNCT
cjal-3228	458	8	at	at	ADP
cjal-3228	458	9	2.72	2.72	NUM
cjal-3228	458	10	-	-	SYM
cjal-3228	458	11	2.76	2.76	NUM
cjal-3228	458	12	(	(	PUNCT
cjal-3228	458	13	describing	describe	VERB
cjal-3228	458	14	problems	problem	NOUN
cjal-3228	458	15	confronting	confront	VERB
cjal-3228	458	16	foreign	foreign	ADJ
cjal-3228	458	17	businesses	business	NOUN
cjal-3228	458	18	regarding	regard	VERB
cjal-3228	458	19	documentation	documentation	NOUN
cjal-3228	458	20	requirements	requirement	NOUN
cjal-3228	458	21	for	for	ADP
cjal-3228	458	22	payments	payment	NOUN
cjal-3228	458	23	for	for	ADP
cjal-3228	458	24	intellectual	intellectual	ADJ
cjal-3228	458	25	property	property	NOUN
cjal-3228	458	26	and	and	CCONJ
cjal-3228	458	27	the	the	DET
cjal-3228	458	28	remittance	remittance	NOUN
cjal-3228	458	29	of	of	ADP
cjal-3228	458	30	profits	profit	NOUN
cjal-3228	458	31	)	)	PUNCT
cjal-3228	458	32	.	.	PUNCT
cjal-3228	459	1	oftentimes	oftentime	NOUN
cjal-3228	459	2	,	,	PUNCT
cjal-3228	459	3	the	the	DET
cjal-3228	459	4	regulations	regulation	NOUN
cjal-3228	459	5	require	require	VERB
cjal-3228	459	6	documentation	documentation	NOUN
cjal-3228	459	7	issued	issue	VERB
cjal-3228	459	8	by	by	ADP
cjal-3228	459	9	multiple	multiple	ADJ
cjal-3228	459	10	governmental	governmental	ADJ
cjal-3228	459	11	bureaus	bureaus	PROPN
cjal-3228	459	12	proving	prove	VERB
cjal-3228	459	13	the	the	DET
cjal-3228	459	14	authenticity	authenticity	NOUN
cjal-3228	459	15	and	and	CCONJ
cjal-3228	459	16	lawfulness	lawfulness	NOUN
cjal-3228	459	17	of	of	ADP
cjal-3228	459	18	the	the	DET
cjal-3228	459	19	underlying	underlying	ADJ
cjal-3228	459	20	transaction	transaction	NOUN
cjal-3228	459	21	(	(	PUNCT
cjal-3228	459	22	e.g.	e.g.	ADV
cjal-3228	459	23	certification	certification	NOUN
cjal-3228	459	24	of	of	ADP
cjal-3228	459	25	tax	tax	NOUN
cjal-3228	459	26	payments	payment	NOUN
cjal-3228	459	27	,	,	PUNCT
cjal-3228	459	28	licenses	license	NOUN
cjal-3228	459	29	from	from	ADP
cjal-3228	459	30	the	the	DET
cjal-3228	459	31	state	state	NOUN
cjal-3228	459	32	bureau	bureau	NOUN
cjal-3228	459	33	of	of	ADP
cjal-3228	459	34	trademarks	trademark	NOUN
cjal-3228	459	35	,	,	PUNCT
cjal-3228	459	36	etc	etc	X
cjal-3228	459	37	.	.	X
cjal-3228	459	38	)	)	PUNCT
cjal-3228	459	39	.	.	PUNCT
cjal-3228	460	1	for	for	ADP
cjal-3228	460	2	an	an	DET
cjal-3228	460	3	extensive	extensive	ADJ
cjal-3228	460	4	list	list	NOUN
cjal-3228	460	5	of	of	ADP
cjal-3228	460	6	requirements	requirement	NOUN
cjal-3228	460	7	for	for	ADP
cjal-3228	460	8	non	non	ADJ
cjal-3228	460	9	-	-	ADJ
cjal-3228	460	10	trade	trade	ADJ
cjal-3228	460	11	transactions	transaction	NOUN
cjal-3228	460	12	,	,	PUNCT
cjal-3228	460	13	[	[	X
cjal-3228	460	14	17:2	17:2	NUM
cjal-3228	460	15	china	china	PROPN
cjal-3228	460	16	's	's	PART
cjal-3228	460	17	system	system	NOUN
cjal-3228	460	18	of	of	ADP
cjal-3228	460	19	foreign	foreign	ADJ
cjal-3228	460	20	exchange	exchange	NOUN
cjal-3228	460	21	these	these	DET
cjal-3228	460	22	regulations	regulation	NOUN
cjal-3228	460	23	is	be	AUX
cjal-3228	460	24	that	that	SCONJ
cjal-3228	460	25	access	access	NOUN
cjal-3228	460	26	to	to	ADP
cjal-3228	460	27	foreign	foreign	ADJ
cjal-3228	460	28	exchange	exchange	NOUN
cjal-3228	460	29	has	have	AUX
cjal-3228	460	30	been	be	AUX
cjal-3228	460	31	centralized	centralize	VERB
cjal-3228	460	32	in	in	ADP
cjal-3228	460	33	the	the	DET
cjal-3228	460	34	designated	designate	VERB
cjal-3228	460	35	forex	forex	ADJ
cjal-3228	460	36	banks	bank	NOUN
cjal-3228	460	37	,	,	PUNCT
cjal-3228	460	38	where	where	SCONJ
cjal-3228	460	39	it	it	PRON
cjal-3228	460	40	can	can	AUX
cjal-3228	460	41	be	be	AUX
cjal-3228	460	42	monitored	monitor	VERB
cjal-3228	460	43	more	more	ADV
cjal-3228	460	44	easily	easily	ADV
cjal-3228	460	45	by	by	ADP
cjal-3228	460	46	safe.87	safe.87	NOUN
cjal-3228	460	47	in	in	ADP
cjal-3228	460	48	addition	addition	NOUN
cjal-3228	460	49	to	to	ADP
cjal-3228	460	50	the	the	DET
cjal-3228	460	51	supervision	supervision	NOUN
cjal-3228	460	52	and	and	CCONJ
cjal-3228	460	53	regulation	regulation	NOUN
cjal-3228	460	54	of	of	ADP
cjal-3228	460	55	forex	forex	ADJ
cjal-3228	460	56	bank	bank	NOUN
cjal-3228	460	57	accounts	account	NOUN
cjal-3228	460	58	and	and	CCONJ
cjal-3228	460	59	documentation	documentation	NOUN
cjal-3228	460	60	requirements	requirement	NOUN
cjal-3228	460	61	,	,	PUNCT
cjal-3228	460	62	safe	safe	ADJ
cjal-3228	460	63	conducts	conduct	NOUN
cjal-3228	460	64	ex	ex	PRON
cjal-3228	460	65	post	post	NOUN
cjal-3228	460	66	verification	verification	NOUN
cjal-3228	460	67	of	of	ADP
cjal-3228	460	68	forex	forex	ADJ
cjal-3228	460	69	receipts	receipt	NOUN
cjal-3228	460	70	and	and	CCONJ
cjal-3228	460	71	payments	payment	NOUN
cjal-3228	460	72	for	for	ADP
cjal-3228	460	73	imports	import	NOUN
cjal-3228	460	74	and	and	CCONJ
cjal-3228	460	75	exports	export	NOUN
cjal-3228	460	76	(	(	PUNCT
cjal-3228	460	77	jinchukou	jinchukou	PROPN
cjal-3228	460	78	shoufuhui	shoufuhui	PROPN
cjal-3228	460	79	hexiao	hexiao	PROPN
cjal-3228	460	80	)	)	PUNCT
cjal-3228	460	81	to	to	PART
cjal-3228	460	82	ensure	ensure	VERB
cjal-3228	460	83	that	that	SCONJ
cjal-3228	460	84	all	all	DET
cjal-3228	460	85	such	such	ADJ
cjal-3228	460	86	receipts	receipt	NOUN
cjal-3228	460	87	and	and	CCONJ
cjal-3228	460	88	payments	payment	NOUN
cjal-3228	460	89	are	be	AUX
cjal-3228	460	90	valid	valid	ADJ
cjal-3228	460	91	and	and	CCONJ
cjal-3228	460	92	accurate	accurate	ADJ
cjal-3228	460	93	.	.	PUNCT
cjal-3228	461	1	beginning	begin	VERB
cjal-3228	461	2	in	in	ADP
cjal-3228	461	3	1991	1991	NUM
cjal-3228	461	4	,	,	PUNCT
cjal-3228	461	5	safe	safe	ADJ
cjal-3228	461	6	instituted	institute	VERB
cjal-3228	461	7	a	a	DET
cjal-3228	461	8	verification	verification	NOUN
cjal-3228	461	9	process	process	NOUN
cjal-3228	461	10	for	for	ADP
cjal-3228	461	11	export	export	NOUN
cjal-3228	461	12	transactions	transaction	NOUN
cjal-3228	461	13	,	,	PUNCT
cjal-3228	461	14	with	with	ADP
cjal-3228	461	15	a	a	DET
cjal-3228	461	16	similar	similar	ADJ
cjal-3228	461	17	system	system	NOUN
cjal-3228	461	18	for	for	ADP
cjal-3228	461	19	import	import	NOUN
cjal-3228	461	20	transactions	transaction	NOUN
cjal-3228	461	21	established	establish	VERB
cjal-3228	461	22	in	in	ADP
cjal-3228	461	23	1994	1994	NUM
cjal-3228	461	24	.	.	PUNCT
cjal-3228	462	1	depending	depend	VERB
cjal-3228	462	2	on	on	ADP
cjal-3228	462	3	the	the	DET
cjal-3228	462	4	payment	payment	NOUN
cjal-3228	462	5	method	method	NOUN
cjal-3228	462	6	used	use	VERB
cjal-3228	462	7	,	,	PUNCT
cjal-3228	462	8	importers	importer	NOUN
cjal-3228	462	9	must	must	AUX
cjal-3228	462	10	submit	submit	VERB
cjal-3228	462	11	certain	certain	ADJ
cjal-3228	462	12	documentation	documentation	NOUN
cjal-3228	462	13	to	to	ADP
cjal-3228	462	14	the	the	DET
cjal-3228	462	15	local	local	ADJ
cjal-3228	462	16	safe	safe	ADJ
cjal-3228	462	17	office	office	NOUN
cjal-3228	462	18	before	before	ADP
cjal-3228	462	19	payment	payment	NOUN
cjal-3228	462	20	of	of	ADP
cjal-3228	462	21	foreign	foreign	ADJ
cjal-3228	462	22	currency	currency	NOUN
cjal-3228	462	23	and	and	CCONJ
cjal-3228	462	24	after	after	ADP
cjal-3228	462	25	receipt	receipt	NOUN
cjal-3228	462	26	of	of	ADP
cjal-3228	462	27	goods	good	NOUN
cjal-3228	462	28	.	.	PUNCT
cjal-3228	463	1	safe	safe	ADJ
cjal-3228	463	2	then	then	ADV
cjal-3228	463	3	compares	compare	VERB
cjal-3228	463	4	these	these	DET
cjal-3228	463	5	documents	document	NOUN
cjal-3228	463	6	with	with	ADP
cjal-3228	463	7	those	those	PRON
cjal-3228	463	8	submitted	submit	VERB
cjal-3228	463	9	to	to	ADP
cjal-3228	463	10	the	the	DET
cjal-3228	463	11	designated	designate	VERB
cjal-3228	463	12	forex	forex	ADJ
cjal-3228	463	13	bank	bank	NOUN
cjal-3228	463	14	remitting	remit	VERB
cjal-3228	463	15	the	the	DET
cjal-3228	463	16	funds	fund	NOUN
cjal-3228	463	17	overseas	overseas	ADV
cjal-3228	463	18	and	and	CCONJ
cjal-3228	463	19	with	with	ADP
cjal-3228	463	20	customs	custom	NOUN
cjal-3228	463	21	records.8	records.8	PROPN
cjal-3228	463	22	to	to	PART
cjal-3228	463	23	verify	verify	VERB
cjal-3228	463	24	export	export	NOUN
cjal-3228	463	25	receipts	receipt	NOUN
cjal-3228	463	26	,	,	PUNCT
cjal-3228	463	27	china	china	PROPN
cjal-3228	463	28	has	have	AUX
cjal-3228	463	29	created	create	VERB
cjal-3228	463	30	an	an	DET
cjal-3228	463	31	on	on	ADP
cjal-3228	463	32	-	-	PUNCT
cjal-3228	463	33	line	line	NOUN
cjal-3228	463	34	"	"	PUNCT
cjal-3228	463	35	export	export	NOUN
cjal-3228	463	36	forex	forex	ADJ
cjal-3228	463	37	earnings	earning	NOUN
cjal-3228	463	38	system	system	NOUN
cjal-3228	463	39	"	"	PUNCT
cjal-3228	463	40	(	(	PUNCT
cjal-3228	463	41	chukou	chukou	PROPN
cjal-3228	463	42	shouhui	shouhui	PROPN
cjal-3228	463	43	xitong	xitong	PROPN
cjal-3228	463	44	)	)	PUNCT
cjal-3228	463	45	,	,	PUNCT
cjal-3228	463	46	integrated	integrate	VERB
cjal-3228	463	47	with	with	ADP
cjal-3228	463	48	the	the	DET
cjal-3228	463	49	customs	custom	NOUN
cjal-3228	463	50	and	and	CCONJ
cjal-3228	463	51	tax	tax	NOUN
cjal-3228	463	52	authorities	authority	NOUN
cjal-3228	463	53	to	to	PART
cjal-3228	463	54	allow	allow	VERB
cjal-3228	463	55	for	for	ADP
cjal-3228	463	56	rapid	rapid	ADJ
cjal-3228	463	57	verification	verification	NOUN
cjal-3228	463	58	and	and	CCONJ
cjal-3228	463	59	quantification	quantification	NOUN
cjal-3228	463	60	of	of	ADP
cjal-3228	463	61	export	export	NOUN
cjal-3228	463	62	earnings.89	earnings.89	ADV
cjal-3228	463	63	as	as	ADP
cjal-3228	463	64	with	with	ADP
cjal-3228	463	65	commercial	commercial	ADJ
cjal-3228	463	66	transactions	transaction	NOUN
cjal-3228	463	67	,	,	PUNCT
cjal-3228	463	68	current	current	ADJ
cjal-3228	463	69	account	account	NOUN
cjal-3228	463	70	transactions	transaction	NOUN
cjal-3228	463	71	by	by	ADP
cjal-3228	463	72	individuals	individual	NOUN
cjal-3228	463	73	are	be	AUX
cjal-3228	463	74	in	in	ADP
cjal-3228	463	75	principle	principle	NOUN
cjal-3228	463	76	fully	fully	ADV
cjal-3228	463	77	convertible	convertible	ADJ
cjal-3228	463	78	.	.	PUNCT
cjal-3228	464	1	however	however	ADV
cjal-3228	464	2	,	,	PUNCT
cjal-3228	464	3	in	in	ADP
cjal-3228	464	4	reality	reality	NOUN
cjal-3228	464	5	,	,	PUNCT
cjal-3228	464	6	de	de	X
cjal-3228	464	7	facto	facto	X
cjal-3228	464	8	limitations	limitation	NOUN
cjal-3228	464	9	on	on	ADP
cjal-3228	464	10	forex	forex	ADJ
cjal-3228	464	11	purchases	purchase	NOUN
cjal-3228	464	12	have	have	AUX
cjal-3228	464	13	been	be	AUX
cjal-3228	464	14	imposed	impose	VERB
cjal-3228	464	15	through	through	ADP
cjal-3228	464	16	administrative	administrative	ADJ
cjal-3228	464	17	approval	approval	NOUN
cjal-3228	464	18	requirements	requirement	NOUN
cjal-3228	464	19	.	.	PUNCT
cjal-3228	465	1	individuals	individual	NOUN
cjal-3228	465	2	purchasing	purchase	VERB
cjal-3228	465	3	forex	forex	NOUN
cjal-3228	465	4	for	for	ADP
cjal-3228	465	5	current	current	ADJ
cjal-3228	465	6	account	account	NOUN
cjal-3228	465	7	transactions	transaction	NOUN
cjal-3228	465	8	,	,	PUNCT
cjal-3228	465	9	e.g.	e.g.	ADV
cjal-3228	465	10	study	study	NOUN
cjal-3228	465	11	or	or	CCONJ
cjal-3228	465	12	travel	travel	VERB
cjal-3228	465	13	abroad	abroad	ADV
cjal-3228	465	14	,	,	PUNCT
cjal-3228	465	15	can	can	AUX
cjal-3228	465	16	purchase	purchase	VERB
cjal-3228	465	17	foreign	foreign	ADJ
cjal-3228	465	18	currency	currency	NOUN
cjal-3228	465	19	up	up	ADP
cjal-3228	465	20	to	to	ADP
cjal-3228	465	21	an	an	DET
cjal-3228	465	22	established	establish	VERB
cjal-3228	465	23	limit	limit	NOUN
cjal-3228	465	24	directly	directly	ADV
cjal-3228	465	25	from	from	ADP
cjal-3228	465	26	a	a	DET
cjal-3228	465	27	designated	designate	VERB
cjal-3228	465	28	forex	forex	ADJ
cjal-3228	465	29	bank	bank	NOUN
cjal-3228	465	30	by	by	ADP
cjal-3228	465	31	providing	provide	VERB
cjal-3228	465	32	certain	certain	ADJ
cjal-3228	465	33	documentation	documentation	NOUN
cjal-3228	465	34	.	.	PUNCT
cjal-3228	466	1	above	above	ADV
cjal-3228	466	2	see	see	VERB
cjal-3228	466	3	feimaoyi	feimaoyi	PROPN
cjal-3228	466	4	waihui	waihui	PROPN
cjal-3228	466	5	yewu	yewu	PROPN
cjal-3228	466	6	caozuo	caozuo	PROPN
cjal-3228	466	7	zhinan	zhinan	PROPN
cjal-3228	467	1	[	[	X
cjal-3228	467	2	operational	operational	ADJ
cjal-3228	467	3	guide	guide	NOUN
cjal-3228	467	4	for	for	ADP
cjal-3228	467	5	non	non	ADJ
cjal-3228	467	6	-	-	ADJ
cjal-3228	467	7	trade	trade	ADJ
cjal-3228	467	8	foreign	foreign	ADJ
cjal-3228	467	9	exchange	exchange	NOUN
cjal-3228	467	10	business	business	NOUN
cjal-3228	467	11	]	]	PUNCT
cjal-3228	467	12	,	,	PUNCT
cjal-3228	467	13	http://www.safe.gov.cn/0430/ywzn	http://www.safe.gov.cn/0430/ywzn	X
cjal-3228	467	14	25.htm	25.htm	PROPN
cjal-3228	467	15	.	.	PROPN
cjal-3228	467	16	see	see	PROPN
cjal-3228	467	17	section	section	PROPN
cjal-3228	467	18	i.	i.	PROPN
cjal-3228	467	19	d.	d.	PROPN
cjal-3228	467	20	above	above	ADV
cjal-3228	467	21	for	for	ADP
cjal-3228	467	22	a	a	DET
cjal-3228	467	23	list	list	NOUN
cjal-3228	467	24	of	of	ADP
cjal-3228	467	25	specific	specific	ADJ
cjal-3228	467	26	advantages	advantage	NOUN
cjal-3228	467	27	this	this	DET
cjal-3228	467	28	system	system	NOUN
cjal-3228	467	29	offers	offer	VERB
cjal-3228	467	30	.	.	PUNCT
cjal-3228	468	1	to	to	PART
cjal-3228	468	2	expedite	expedite	VERB
cjal-3228	468	3	the	the	DET
cjal-3228	468	4	monitoring	monitoring	NOUN
cjal-3228	468	5	of	of	ADP
cjal-3228	468	6	current	current	ADJ
cjal-3228	468	7	account	account	NOUN
cjal-3228	468	8	foreign	foreign	ADJ
cjal-3228	468	9	exchange	exchange	NOUN
cjal-3228	468	10	accounts	account	NOUN
cjal-3228	468	11	,	,	PUNCT
cjal-3228	468	12	safe	safe	ADJ
cjal-3228	468	13	has	have	AUX
cjal-3228	468	14	recently	recently	ADV
cjal-3228	468	15	instituted	institute	VERB
cjal-3228	468	16	an	an	DET
cjal-3228	468	17	electronic	electronic	ADJ
cjal-3228	468	18	account	account	NOUN
cjal-3228	468	19	system	system	NOUN
cjal-3228	468	20	,	,	PUNCT
cjal-3228	468	21	whereby	whereby	SCONJ
cjal-3228	468	22	all	all	DET
cjal-3228	468	23	current	current	ADJ
cjal-3228	468	24	account	account	NOUN
cjal-3228	468	25	transactions	transaction	NOUN
cjal-3228	468	26	are	be	AUX
cjal-3228	468	27	reported	report	VERB
cjal-3228	468	28	daily	daily	ADV
cjal-3228	468	29	to	to	ADP
cjal-3228	468	30	safe	safe	ADJ
cjal-3228	468	31	.	.	PUNCT
cjal-3228	469	1	current	current	ADJ
cjal-3228	469	2	account	account	PROPN
cjal-3228	469	3	forex	forex	PROPN
cjal-3228	469	4	account	account	NOUN
cjal-3228	469	5	rules	rule	NOUN
cjal-3228	469	6	,	,	PUNCT
cjal-3228	469	7	supra	supra	PROPN
cjal-3228	469	8	note	note	NOUN
cjal-3228	469	9	71	71	NUM
cjal-3228	469	10	,	,	PUNCT
cjal-3228	469	11	art	art	NOUN
cjal-3228	469	12	.	.	PUNCT
cjal-3228	470	1	23	23	NUM
cjal-3228	470	2	.	.	PUNCT
cjal-3228	471	1	previously	previously	ADV
cjal-3228	471	2	,	,	PUNCT
cjal-3228	471	3	financial	financial	ADJ
cjal-3228	471	4	institutions	institution	NOUN
cjal-3228	471	5	submitted	submit	VERB
cjal-3228	471	6	a	a	DET
cjal-3228	471	7	monthly	monthly	ADJ
cjal-3228	471	8	report	report	NOUN
cjal-3228	471	9	to	to	ADP
cjal-3228	471	10	safe	safe	ADJ
cjal-3228	471	11	,	,	PUNCT
cjal-3228	471	12	and	and	CCONJ
cjal-3228	471	13	safe	safe	ADJ
cjal-3228	471	14	conducted	conduct	VERB
cjal-3228	471	15	a	a	DET
cjal-3228	471	16	yearly	yearly	ADJ
cjal-3228	471	17	review	review	NOUN
cjal-3228	471	18	of	of	ADP
cjal-3228	471	19	all	all	DET
cjal-3228	471	20	current	current	ADJ
cjal-3228	471	21	account	account	NOUN
cjal-3228	471	22	forex	forex	ADJ
cjal-3228	471	23	accounts	account	NOUN
cjal-3228	471	24	.	.	PUNCT
cjal-3228	472	1	i	i	PRON
cjal-3228	472	2	d.	d.	PROPN
cjal-3228	472	3	arts	arts	PROPN
cjal-3228	472	4	.	.	PUNCT
cjal-3228	473	1	23	23	NUM
cjal-3228	473	2	-	-	SYM
cjal-3228	473	3	24	24	NUM
cjal-3228	473	4	.	.	PUNCT
cjal-3228	474	1	the	the	DET
cjal-3228	474	2	old	old	ADJ
cjal-3228	474	3	system	system	NOUN
cjal-3228	474	4	still	still	ADV
cjal-3228	474	5	functions	function	VERB
cjal-3228	474	6	for	for	ADP
cjal-3228	474	7	those	those	DET
cjal-3228	474	8	areas	area	NOUN
cjal-3228	474	9	of	of	ADP
cjal-3228	474	10	the	the	DET
cjal-3228	474	11	country	country	NOUN
cjal-3228	474	12	not	not	PART
cjal-3228	474	13	covered	cover	VERB
cjal-3228	474	14	by	by	ADP
cjal-3228	474	15	the	the	DET
cjal-3228	474	16	electronic	electronic	ADJ
cjal-3228	474	17	system	system	NOUN
cjal-3228	474	18	.	.	PUNCT
cjal-3228	475	1	i	i	PRON
cjal-3228	475	2	d.	d.	PROPN
cjal-3228	475	3	88	88	NUM
cjal-3228	475	4	import	import	NOUN
cjal-3228	475	5	verification	verification	NOUN
cjal-3228	475	6	measures	measure	NOUN
cjal-3228	475	7	,	,	PUNCT
cjal-3228	475	8	supra	supra	PROPN
cjal-3228	475	9	note	note	PROPN
cjal-3228	475	10	86	86	NUM
cjal-3228	475	11	,	,	PUNCT
cjal-3228	475	12	arts	art	NOUN
cjal-3228	475	13	.	.	PUNCT
cjal-3228	476	1	10	10	NUM
cjal-3228	476	2	-	-	SYM
cjal-3228	476	3	15	15	NUM
cjal-3228	476	4	.	.	PUNCT
cjal-3228	477	1	also	also	ADV
cjal-3228	477	2	,	,	PUNCT
cjal-3228	477	3	see	see	VERB
cjal-3228	477	4	jones	jones	PROPN
cjal-3228	477	5	,	,	PUNCT
cjal-3228	477	6	supra	supra	PROPN
cjal-3228	477	7	note	note	PROPN
cjal-3228	477	8	59	59	NUM
cjal-3228	477	9	,	,	PUNCT
cjal-3228	477	10	at	at	ADP
cjal-3228	477	11	2.41	2.41	NUM
cjal-3228	477	12	-	-	SYM
cjal-3228	477	13	2.44	2.44	NUM
cjal-3228	477	14	.	.	PUNCT
cjal-3228	477	15	89	89	NUM
cjal-3228	478	1	this	this	DET
cjal-3228	478	2	system	system	NOUN
cjal-3228	478	3	is	be	AUX
cjal-3228	478	4	part	part	NOUN
cjal-3228	478	5	of	of	ADP
cjal-3228	478	6	the	the	DET
cjal-3228	478	7	broader	broad	ADJ
cjal-3228	478	8	electronic	electronic	ADJ
cjal-3228	478	9	port	port	NOUN
cjal-3228	478	10	system	system	NOUN
cjal-3228	478	11	(	(	PUNCT
cjal-3228	478	12	dianzi	dianzi	NOUN
cjal-3228	478	13	kou	kou	PROPN
cjal-3228	478	14	'	'	PUNCT
cjal-3228	478	15	an	an	NOUN
cjal-3228	478	16	)	)	PUNCT
cjal-3228	478	17	,	,	PUNCT
cjal-3228	478	18	a	a	DET
cjal-3228	478	19	nationwide	nationwide	ADJ
cjal-3228	478	20	computer	computer	NOUN
cjal-3228	478	21	network	network	NOUN
cjal-3228	478	22	designed	design	VERB
cjal-3228	478	23	to	to	PART
cjal-3228	478	24	monitor	monitor	VERB
cjal-3228	478	25	trade	trade	NOUN
cjal-3228	478	26	transactions	transaction	NOUN
cjal-3228	478	27	.	.	PUNCT
cjal-3228	479	1	see	see	VERB
cjal-3228	479	2	i	i	PRON
cjal-3228	479	3	d.	d.	PROPN
cjal-3228	479	4	at	at	ADP
cjal-3228	479	5	2.46	2.46	NUM
cjal-3228	479	6	90	90	NUM
cjal-3228	479	7	forex	forex	ADJ
cjal-3228	479	8	regulations	regulation	NOUN
cjal-3228	479	9	,	,	PUNCT
cjal-3228	479	10	supra	supra	PROPN
cjal-3228	479	11	note	note	NOUN
cjal-3228	479	12	40	40	NUM
cjal-3228	479	13	,	,	PUNCT
cjal-3228	479	14	art	art	NOUN
cjal-3228	479	15	.	.	PUNCT
cjal-3228	480	1	14	14	NUM
cjal-3228	480	2	.	.	PUNCT
cjal-3228	481	1	a	a	DET
cjal-3228	481	2	complete	complete	ADJ
cjal-3228	481	3	list	list	NOUN
cjal-3228	481	4	of	of	ADP
cjal-3228	481	5	documentation	documentation	NOUN
cjal-3228	481	6	requirements	requirement	NOUN
cjal-3228	481	7	is	be	AUX
cjal-3228	481	8	provided	provide	VERB
cjal-3228	481	9	in	in	ADP
cjal-3228	481	10	article	article	NOUN
cjal-3228	481	11	17	17	NUM
cjal-3228	481	12	of	of	ADP
cjal-3228	481	13	the	the	DET
cjal-3228	481	14	jingnei	jingnei	PROPN
cjal-3228	481	15	jumin	jumin	PROPN
cjal-3228	481	16	geren	geren	PROPN
cjal-3228	481	17	waihui	waihui	PROPN
cjal-3228	481	18	guanli	guanli	PROPN
cjal-3228	481	19	zanxing	zanxing	PROPN
cjal-3228	481	20	banfa	banfa	NOUN
cjal-3228	482	1	[	[	X
cjal-3228	482	2	provisional	provisional	ADJ
cjal-3228	482	3	measures	measure	NOUN
cjal-3228	482	4	for	for	ADP
cjal-3228	482	5	management	management	NOUN
cjal-3228	482	6	of	of	ADP
cjal-3228	482	7	foreign	foreign	ADJ
cjal-3228	482	8	exchange	exchange	NOUN
cjal-3228	482	9	for	for	ADP
cjal-3228	482	10	individual	individual	ADJ
cjal-3228	482	11	domestic	domestic	ADJ
cjal-3228	482	12	residents	resident	NOUN
cjal-3228	482	13	]	]	X
cjal-3228	482	14	(	(	PUNCT
cjal-3228	482	15	individual	individual	ADJ
cjal-3228	482	16	resident	resident	ADJ
cjal-3228	482	17	forex	forex	ADJ
cjal-3228	482	18	measures	measure	NOUN
cjal-3228	482	19	)	)	PUNCT
cjal-3228	482	20	,	,	PUNCT
cjal-3228	482	21	promulgated	promulgate	VERB
cjal-3228	482	22	by	by	ADP
cjal-3228	482	23	safe	safe	ADJ
cjal-3228	482	24	on	on	ADP
cjal-3228	482	25	sept	sept	PROPN
cjal-3228	482	26	.	.	PROPN
cjal-3228	482	27	1	1	NUM
cjal-3228	482	28	,	,	PUNCT
cjal-3228	482	29	1998	1998	NUM
cjal-3228	482	30	and	and	CCONJ
cjal-3228	482	31	effective	effective	ADJ
cjal-3228	482	32	as	as	ADP
cjal-3228	482	33	of	of	ADP
cjal-3228	482	34	sept	sept	PROPN
cjal-3228	482	35	.	.	PROPN
cjal-3228	482	36	15,1998	15,1998	NUM
cjal-3228	482	37	.	.	PUNCT
cjal-3228	483	1	article	article	NOUN
cjal-3228	483	2	15	15	NUM
cjal-3228	483	3	of	of	ADP
cjal-3228	483	4	the	the	DET
cjal-3228	483	5	individual	individual	ADJ
cjal-3228	483	6	resident	resident	ADJ
cjal-3228	483	7	forex	forex	ADJ
cjal-3228	483	8	measures	measure	NOUN
cjal-3228	483	9	sets	set	VERB
cjal-3228	483	10	out	out	ADP
cjal-3228	483	11	the	the	DET
cjal-3228	483	12	standard	standard	ADJ
cjal-3228	483	13	limits	limit	NOUN
cjal-3228	483	14	,	,	PUNCT
cjal-3228	483	15	which	which	PRON
cjal-3228	483	16	vary	vary	VERB
cjal-3228	483	17	depending	depend	VERB
cjal-3228	483	18	on	on	ADP
cjal-3228	483	19	the	the	DET
cjal-3228	483	20	type	type	NOUN
cjal-3228	483	21	of	of	ADP
cjal-3228	483	22	current	current	ADJ
cjal-3228	483	23	account	account	NOUN
cjal-3228	483	24	transaction	transaction	NOUN
cjal-3228	483	25	.	.	PUNCT
cjal-3228	484	1	these	these	DET
cjal-3228	484	2	standard	standard	ADJ
cjal-3228	484	3	limits	limit	NOUN
cjal-3228	484	4	have	have	AUX
cjal-3228	484	5	been	be	AUX
cjal-3228	484	6	gradually	gradually	ADV
cjal-3228	484	7	20041	20041	NUM
cjal-3228	484	8	columbia	columbia	PROPN
cjal-3228	484	9	journal	journal	PROPN
cjal-3228	484	10	of	of	ADP
cjal-3228	484	11	asian	asian	ADJ
cjal-3228	484	12	law	law	NOUN
cjal-3228	484	13	that	that	PRON
cjal-3228	484	14	limit	limit	VERB
cjal-3228	484	15	,	,	PUNCT
cjal-3228	484	16	safe	safe	ADJ
cjal-3228	484	17	approval	approval	NOUN
cjal-3228	484	18	is	be	AUX
cjal-3228	484	19	required	require	VERB
cjal-3228	484	20	.	.	PUNCT
cjal-3228	485	1	9	9	X
cjal-3228	485	2	'	'	PUNCT
cjal-3228	485	3	similarly	similarly	ADV
cjal-3228	485	4	,	,	PUNCT
cjal-3228	485	5	all	all	DET
cjal-3228	485	6	foreign	foreign	ADJ
cjal-3228	485	7	currency	currency	NOUN
cjal-3228	485	8	carried	carry	VERB
cjal-3228	485	9	into	into	ADP
cjal-3228	485	10	or	or	CCONJ
cjal-3228	485	11	out	out	ADP
cjal-3228	485	12	of	of	ADP
cjal-3228	485	13	the	the	DET
cjal-3228	485	14	country	country	NOUN
cjal-3228	485	15	above	above	ADP
cjal-3228	485	16	a	a	DET
cjal-3228	485	17	certain	certain	ADJ
cjal-3228	485	18	amount	amount	NOUN
cjal-3228	485	19	must	must	AUX
cjal-3228	485	20	be	be	AUX
cjal-3228	485	21	reported	report	VERB
cjal-3228	485	22	to	to	ADP
cjal-3228	485	23	the	the	DET
cjal-3228	485	24	customs	customs	PROPN
cjal-3228	485	25	bureau	bureau	NOUN
cjal-3228	485	26	and	and	CCONJ
cjal-3228	485	27	may	may	AUX
cjal-3228	485	28	require	require	VERB
cjal-3228	485	29	authentication	authentication	NOUN
cjal-3228	485	30	by	by	ADP
cjal-3228	485	31	a	a	DET
cjal-3228	485	32	designated	designate	VERB
cjal-3228	485	33	forex	forex	ADJ
cjal-3228	485	34	bank	bank	PROPN
cjal-3228	485	35	or	or	CCONJ
cjal-3228	485	36	safe.92	safe.92	PROPN
cjal-3228	485	37	c.	c.	PROPN
cjal-3228	485	38	regulation	regulation	NOUN
cjal-3228	485	39	of	of	ADP
cjal-3228	485	40	capital	capital	NOUN
cjal-3228	485	41	account	account	NOUN
cjal-3228	485	42	transactions	transaction	NOUN
cjal-3228	485	43	at	at	ADP
cjal-3228	485	44	the	the	DET
cjal-3228	485	45	same	same	ADJ
cjal-3228	485	46	time	time	NOUN
cjal-3228	485	47	beijing	beijing	PROPN
cjal-3228	485	48	proudly	proudly	ADV
cjal-3228	485	49	touts	tout	VERB
cjal-3228	485	50	the	the	DET
cjal-3228	485	51	convertibility	convertibility	NOUN
cjal-3228	485	52	of	of	ADP
cjal-3228	485	53	the	the	DET
cjal-3228	485	54	yuan	yuan	NOUN
cjal-3228	485	55	for	for	ADP
cjal-3228	485	56	current	current	ADJ
cjal-3228	485	57	account	account	NOUN
cjal-3228	485	58	transactions	transaction	NOUN
cjal-3228	485	59	,	,	PUNCT
cjal-3228	485	60	the	the	DET
cjal-3228	485	61	government	government	NOUN
cjal-3228	485	62	makes	make	VERB
cjal-3228	485	63	few	few	ADJ
cjal-3228	485	64	apologies	apology	NOUN
cjal-3228	485	65	for	for	ADP
cjal-3228	485	66	the	the	DET
cjal-3228	485	67	overtly	overtly	ADV
cjal-3228	485	68	strict	strict	ADJ
cjal-3228	485	69	controls	control	NOUN
cjal-3228	485	70	it	it	PRON
cjal-3228	485	71	maintains	maintain	VERB
cjal-3228	485	72	on	on	ADP
cjal-3228	485	73	foreign	foreign	ADJ
cjal-3228	485	74	exchange	exchange	NOUN
cjal-3228	485	75	used	use	VERB
cjal-3228	485	76	in	in	ADP
cjal-3228	485	77	capital	capital	NOUN
cjal-3228	485	78	account	account	NOUN
cjal-3228	485	79	transactions	transaction	NOUN
cjal-3228	485	80	.	.	PUNCT
cjal-3228	486	1	the	the	DET
cjal-3228	486	2	more	more	ADV
cjal-3228	486	3	restrictive	restrictive	ADJ
cjal-3228	486	4	treatment	treatment	NOUN
cjal-3228	486	5	of	of	ADP
cjal-3228	486	6	capital	capital	NOUN
cjal-3228	486	7	account	account	NOUN
cjal-3228	486	8	transactions	transaction	NOUN
cjal-3228	486	9	is	be	AUX
cjal-3228	486	10	generally	generally	ADV
cjal-3228	486	11	justified	justify	VERB
cjal-3228	486	12	on	on	ADP
cjal-3228	486	13	the	the	DET
cjal-3228	486	14	grounds	ground	NOUN
cjal-3228	486	15	that	that	SCONJ
cjal-3228	486	16	,	,	PUNCT
cjal-3228	486	17	due	due	ADP
cjal-3228	486	18	to	to	ADP
cjal-3228	486	19	their	their	PRON
cjal-3228	486	20	relative	relative	ADJ
cjal-3228	486	21	volatility	volatility	NOUN
cjal-3228	486	22	,	,	PUNCT
cjal-3228	486	23	free	free	ADJ
cjal-3228	486	24	capital	capital	NOUN
cjal-3228	486	25	flows	flow	NOUN
cjal-3228	486	26	would	would	AUX
cjal-3228	486	27	pose	pose	VERB
cjal-3228	486	28	a	a	DET
cjal-3228	486	29	grave	grave	ADJ
cjal-3228	486	30	risk	risk	NOUN
cjal-3228	486	31	to	to	ADP
cjal-3228	486	32	china	china	PROPN
cjal-3228	486	33	's	's	PART
cjal-3228	486	34	balance	balance	NOUN
cjal-3228	486	35	of	of	ADP
cjal-3228	486	36	payments	payment	NOUN
cjal-3228	486	37	and	and	CCONJ
cjal-3228	486	38	overall	overall	ADJ
cjal-3228	486	39	economic	economic	ADJ
cjal-3228	486	40	stability	stability	NOUN
cjal-3228	486	41	.	.	PUNCT
cjal-3228	487	1	1	1	NUM
cjal-3228	487	2	whereas	whereas	SCONJ
cjal-3228	487	3	a	a	DET
cjal-3228	487	4	country	country	NOUN
cjal-3228	487	5	's	's	PART
cjal-3228	487	6	current	current	ADJ
cjal-3228	487	7	account	account	NOUN
cjal-3228	487	8	balance	balance	NOUN
cjal-3228	487	9	rarely	rarely	ADV
cjal-3228	487	10	fluctuates	fluctuate	VERB
cjal-3228	487	11	substantially	substantially	ADV
cjal-3228	487	12	in	in	ADP
cjal-3228	487	13	a	a	DET
cjal-3228	487	14	short	short	ADJ
cjal-3228	487	15	period	period	NOUN
cjal-3228	487	16	of	of	ADP
cjal-3228	487	17	time	time	NOUN
cjal-3228	487	18	,	,	PUNCT
cjal-3228	487	19	sudden	sudden	ADJ
cjal-3228	487	20	massive	massive	ADJ
cjal-3228	487	21	shifts	shift	NOUN
cjal-3228	487	22	in	in	ADP
cjal-3228	487	23	international	international	ADJ
cjal-3228	487	24	capital	capital	NOUN
cjal-3228	487	25	flows	flow	NOUN
cjal-3228	487	26	have	have	AUX
cjal-3228	487	27	been	be	AUX
cjal-3228	487	28	commonplace	commonplace	ADJ
cjal-3228	487	29	over	over	ADP
cjal-3228	487	30	the	the	DET
cjal-3228	487	31	last	last	ADJ
cjal-3228	487	32	several	several	ADJ
cjal-3228	487	33	decades	decade	NOUN
cjal-3228	487	34	.	.	PUNCT
cjal-3228	487	35	'	'	PUNCT
cjal-3228	488	1	smaller	small	ADJ
cjal-3228	488	2	and	and	CCONJ
cjal-3228	488	3	less	less	ADV
cjal-3228	488	4	developed	develop	VERB
cjal-3228	488	5	economies	economy	NOUN
cjal-3228	488	6	like	like	ADP
cjal-3228	488	7	china	china	PROPN
cjal-3228	488	8	's	's	PART
cjal-3228	488	9	,	,	PUNCT
cjal-3228	488	10	lacking	lack	VERB
cjal-3228	488	11	raised	raise	VERB
cjal-3228	488	12	over	over	ADP
cjal-3228	488	13	the	the	DET
cjal-3228	488	14	last	last	ADJ
cjal-3228	488	15	several	several	ADJ
cjal-3228	488	16	years	year	NOUN
cjal-3228	488	17	.	.	PUNCT
cjal-3228	489	1	most	most	ADV
cjal-3228	489	2	recently	recently	ADV
cjal-3228	489	3	,	,	PUNCT
cjal-3228	489	4	safe	safe	ADJ
cjal-3228	489	5	has	have	AUX
cjal-3228	489	6	lifted	lift	VERB
cjal-3228	489	7	the	the	DET
cjal-3228	489	8	limits	limit	NOUN
cjal-3228	489	9	for	for	ADP
cjal-3228	489	10	most	most	ADJ
cjal-3228	489	11	personal	personal	ADJ
cjal-3228	489	12	expenses	expense	NOUN
cjal-3228	489	13	abroad	abroad	ADV
cjal-3228	489	14	to	to	ADP
cjal-3228	489	15	us$3000	us$3000	PROPN
cjal-3228	489	16	for	for	ADP
cjal-3228	489	17	those	those	PRON
cjal-3228	489	18	holding	hold	VERB
cjal-3228	489	19	a	a	DET
cjal-3228	489	20	less	less	ADJ
cjal-3228	489	21	than	than	ADP
cjal-3228	489	22	six	six	NUM
cjal-3228	489	23	-	-	PUNCT
cjal-3228	489	24	month	month	NOUN
cjal-3228	489	25	visa	visa	NOUN
cjal-3228	489	26	and	and	CCONJ
cjal-3228	489	27	$	$	SYM
cjal-3228	489	28	5000	5000	NUM
cjal-3228	489	29	for	for	ADP
cjal-3228	489	30	those	those	PRON
cjal-3228	489	31	holding	hold	VERB
cjal-3228	489	32	a	a	DET
cjal-3228	489	33	six	six	NUM
cjal-3228	489	34	-	-	PUNCT
cjal-3228	489	35	month	month	NOUN
cjal-3228	489	36	or	or	CCONJ
cjal-3228	489	37	longer	long	ADJ
cjal-3228	489	38	visa	visa	NOUN
cjal-3228	489	39	.	.	PUNCT
cjal-3228	490	1	guojia	guojia	VERB
cjal-3228	490	2	waihui	waihui	PROPN
cjal-3228	490	3	guanli	guanli	PROPN
cjal-3228	490	4	ju	ju	PROPN
cjal-3228	490	5	guanyu	guanyu	PROPN
cjal-3228	490	6	tiaozheng	tiaozheng	PROPN
cjal-3228	490	7	jingnei	jingnei	PROPN
cjal-3228	490	8	jumin	jumin	PROPN
cjal-3228	490	9	geren	geren	PROPN
cjal-3228	490	10	jingchang	jingchang	PROPN
cjal-3228	490	11	xiangmuxia	xiangmuxia	PROPN
cjal-3228	490	12	gouhui	gouhui	PROPN
cjal-3228	490	13	zhengce	zhengce	PROPN
cjal-3228	490	14	de	de	PROPN
cjal-3228	490	15	tongzhi	tongzhi	PROPN
cjal-3228	491	1	[	[	X
cjal-3228	491	2	safe	safe	ADJ
cjal-3228	491	3	notice	notice	NOUN
cjal-3228	491	4	on	on	ADP
cjal-3228	491	5	adjustment	adjustment	NOUN
cjal-3228	491	6	of	of	ADP
cjal-3228	491	7	policy	policy	NOUN
cjal-3228	491	8	regarding	regard	VERB
cjal-3228	491	9	the	the	DET
cjal-3228	491	10	purchase	purchase	NOUN
cjal-3228	491	11	of	of	ADP
cjal-3228	491	12	foreign	foreign	ADJ
cjal-3228	491	13	exchange	exchange	NOUN
cjal-3228	491	14	for	for	ADP
cjal-3228	491	15	current	current	ADJ
cjal-3228	491	16	account	account	NOUN
cjal-3228	491	17	transactions	transaction	NOUN
cjal-3228	491	18	by	by	ADP
cjal-3228	491	19	individual	individual	ADJ
cjal-3228	491	20	domestic	domestic	ADJ
cjal-3228	491	21	residents	resident	NOUN
cjal-3228	491	22	]	]	PUNCT
cjal-3228	491	23	,	,	PUNCT
cjal-3228	491	24	promulgated	promulgate	VERB
cjal-3228	491	25	by	by	ADP
cjal-3228	491	26	safe	safe	ADJ
cjal-3228	491	27	on	on	ADP
cjal-3228	491	28	sept	sept	PROPN
cjal-3228	491	29	.	.	PROPN
cjal-3228	491	30	1	1	NUM
cjal-3228	491	31	,	,	PUNCT
cjal-3228	491	32	2003	2003	NUM
cjal-3228	491	33	and	and	CCONJ
cjal-3228	491	34	effective	effective	ADJ
cjal-3228	491	35	as	as	ADP
cjal-3228	491	36	of	of	ADP
cjal-3228	491	37	oct	oct	PROPN
cjal-3228	491	38	.	.	PROPN
cjal-3228	491	39	1	1	NUM
cjal-3228	491	40	,	,	PUNCT
cjal-3228	491	41	2003	2003	NUM
cjal-3228	491	42	.	.	PUNCT
cjal-3228	492	1	91	91	NUM
cjal-3228	492	2	forex	forex	ADJ
cjal-3228	492	3	regulations	regulation	NOUN
cjal-3228	492	4	,	,	PUNCT
cjal-3228	492	5	supra	supra	PROPN
cjal-3228	492	6	note	note	NOUN
cjal-3228	492	7	40	40	NUM
cjal-3228	492	8	,	,	PUNCT
cjal-3228	492	9	art	art	NOUN
cjal-3228	492	10	.	.	PUNCT
cjal-3228	493	1	14	14	NUM
cjal-3228	493	2	.	.	X
cjal-3228	493	3	92	92	NUM
cjal-3228	493	4	according	accord	VERB
cjal-3228	493	5	to	to	ADP
cjal-3228	493	6	the	the	DET
cjal-3228	493	7	new	new	ADJ
cjal-3228	493	8	rules	rule	NOUN
cjal-3228	493	9	that	that	PRON
cjal-3228	493	10	came	come	VERB
cjal-3228	493	11	into	into	ADP
cjal-3228	493	12	effect	effect	NOUN
cjal-3228	493	13	sept	sept	PROPN
cjal-3228	493	14	.	.	PROPN
cjal-3228	493	15	1	1	NUM
cjal-3228	493	16	,	,	PUNCT
cjal-3228	493	17	2003	2003	NUM
cjal-3228	493	18	,	,	PUNCT
cjal-3228	493	19	residents	resident	NOUN
cjal-3228	493	20	or	or	CCONJ
cjal-3228	493	21	non	non	NOUN
cjal-3228	493	22	-	-	NOUN
cjal-3228	493	23	residents	resident	NOUN
cjal-3228	493	24	carrying	carry	VERB
cjal-3228	493	25	more	more	ADJ
cjal-3228	493	26	than	than	ADP
cjal-3228	493	27	us$5000	us$5000	ADJ
cjal-3228	493	28	into	into	ADP
cjal-3228	493	29	the	the	DET
cjal-3228	493	30	country	country	NOUN
cjal-3228	493	31	must	must	AUX
cjal-3228	493	32	declare	declare	VERB
cjal-3228	493	33	that	that	DET
cjal-3228	493	34	money	money	NOUN
cjal-3228	493	35	with	with	ADP
cjal-3228	493	36	customs	custom	NOUN
cjal-3228	493	37	.	.	PUNCT
cjal-3228	494	1	xiedai	xiedai	PROPN
cjal-3228	494	2	waibi	waibi	NOUN
cjal-3228	494	3	xianchao	xianchao	AUX
cjal-3228	494	4	churujing	churuje	VERB
cjal-3228	494	5	guanli	guanli	PROPN
cjal-3228	494	6	zanxoing	zanxoing	NOUN
cjal-3228	494	7	banfa	banfa	NOUN
cjal-3228	494	8	[	[	X
cjal-3228	494	9	provisional	provisional	ADJ
cjal-3228	494	10	measures	measure	NOUN
cjal-3228	494	11	for	for	ADP
cjal-3228	494	12	management	management	NOUN
cjal-3228	494	13	of	of	ADP
cjal-3228	494	14	the	the	DET
cjal-3228	494	15	carriage	carriage	NOUN
cjal-3228	494	16	of	of	ADP
cjal-3228	494	17	foreign	foreign	ADJ
cjal-3228	494	18	currency	currency	NOUN
cjal-3228	494	19	cash	cash	NOUN
cjal-3228	494	20	into	into	ADP
cjal-3228	494	21	or	or	CCONJ
cjal-3228	494	22	out	out	ADP
cjal-3228	494	23	of	of	ADP
cjal-3228	494	24	the	the	DET
cjal-3228	494	25	country	country	NOUN
cjal-3228	494	26	]	]	PUNCT
cjal-3228	494	27	,	,	PUNCT
cjal-3228	494	28	promulgated	promulgate	VERB
cjal-3228	494	29	by	by	ADP
cjal-3228	494	30	safe	safe	ADJ
cjal-3228	494	31	and	and	CCONJ
cjal-3228	494	32	the	the	DET
cjal-3228	494	33	customs	customs	PROPN
cjal-3228	494	34	bureau	bureau	NOUN
cjal-3228	494	35	on	on	ADP
cjal-3228	494	36	aug	aug	PROPN
cjal-3228	494	37	.	.	PROPN
cjal-3228	494	38	28	28	NUM
cjal-3228	494	39	,	,	PUNCT
cjal-3228	494	40	2003	2003	NUM
cjal-3228	494	41	and	and	CCONJ
cjal-3228	494	42	effective	effective	ADJ
cjal-3228	494	43	as	as	ADP
cjal-3228	494	44	of	of	ADP
cjal-3228	494	45	sept	sept	PROPN
cjal-3228	494	46	.	.	PROPN
cjal-3228	494	47	1	1	NUM
cjal-3228	494	48	,	,	PUNCT
cjal-3228	494	49	2003	2003	NUM
cjal-3228	494	50	,	,	PUNCT
cjal-3228	494	51	art	art	NOUN
cjal-3228	494	52	.	.	PUNCT
cjal-3228	495	1	3	3	X
cjal-3228	495	2	.	.	X
cjal-3228	495	3	persons	person	NOUN
cjal-3228	495	4	carrying	carry	VERB
cjal-3228	495	5	more	more	ADV
cjal-3228	495	6	than	than	ADP
cjal-3228	495	7	us$5000	us$5000	ADJ
cjal-3228	495	8	but	but	CCONJ
cjal-3228	495	9	not	not	PART
cjal-3228	495	10	more	more	ADJ
cjal-3228	495	11	than	than	ADP
cjal-3228	495	12	us$10,000	us$10,000	PROPN
cjal-3228	495	13	out	out	ADP
cjal-3228	495	14	of	of	ADP
cjal-3228	495	15	the	the	DET
cjal-3228	495	16	country	country	NOUN
cjal-3228	495	17	must	must	AUX
cjal-3228	495	18	get	get	VERB
cjal-3228	495	19	a	a	DET
cjal-3228	495	20	bank	bank	NOUN
cjal-3228	495	21	-	-	PUNCT
cjal-3228	495	22	issued	issue	VERB
cjal-3228	495	23	certificate	certificate	NOUN
cjal-3228	495	24	.	.	PUNCT
cjal-3228	496	1	those	those	PRON
cjal-3228	496	2	carrying	carry	VERB
cjal-3228	496	3	more	more	ADJ
cjal-3228	496	4	than	than	ADP
cjal-3228	496	5	us$10,000	us$10,000	PROPN
cjal-3228	496	6	in	in	ADP
cjal-3228	496	7	cash	cash	NOUN
cjal-3228	496	8	must	must	AUX
cjal-3228	496	9	get	get	VERB
cjal-3228	496	10	a	a	DET
cjal-3228	496	11	certificate	certificate	NOUN
cjal-3228	496	12	from	from	ADP
cjal-3228	496	13	the	the	DET
cjal-3228	496	14	local	local	ADJ
cjal-3228	496	15	safe	safe	ADJ
cjal-3228	496	16	branch	branch	NOUN
cjal-3228	496	17	.	.	PUNCT
cjal-3228	497	1	i	i	PRON
cjal-3228	497	2	d.	d.	PROPN
cjal-3228	497	3	art	art	PROPN
cjal-3228	497	4	.	.	PUNCT
cjal-3228	498	1	5	5	X
cjal-3228	498	2	.	.	X
cjal-3228	498	3	93	93	NUM
cjal-3228	498	4	many	many	ADJ
cjal-3228	498	5	have	have	AUX
cjal-3228	498	6	argued	argue	VERB
cjal-3228	498	7	that	that	SCONJ
cjal-3228	498	8	the	the	DET
cjal-3228	498	9	1997	1997	NUM
cjal-3228	498	10	-	-	SYM
cjal-3228	498	11	8	8	NUM
cjal-3228	498	12	east	east	NOUN
cjal-3228	498	13	asian	asian	ADJ
cjal-3228	498	14	financial	financial	ADJ
cjal-3228	498	15	crisis	crisis	NOUN
cjal-3228	498	16	was	be	AUX
cjal-3228	498	17	to	to	ADP
cjal-3228	498	18	a	a	DET
cjal-3228	498	19	large	large	ADJ
cjal-3228	498	20	extent	extent	NOUN
cjal-3228	498	21	caused	cause	VERB
cjal-3228	498	22	by	by	ADP
cjal-3228	498	23	the	the	DET
cjal-3228	498	24	overly	overly	ADV
cjal-3228	498	25	rapid	rapid	ADJ
cjal-3228	498	26	deregulation	deregulation	NOUN
cjal-3228	498	27	of	of	ADP
cjal-3228	498	28	capital	capital	NOUN
cjal-3228	498	29	flows	flow	NOUN
cjal-3228	498	30	.	.	PUNCT
cjal-3228	499	1	see	see	VERB
cjal-3228	499	2	joseph	joseph	PROPN
cjal-3228	499	3	stiglitz	stiglitz	PROPN
cjal-3228	499	4	,	,	PUNCT
cjal-3228	499	5	captial	captial	ADJ
cjal-3228	499	6	market	market	NOUN
cjal-3228	499	7	liberalization	liberalization	NOUN
cjal-3228	499	8	and	and	CCONJ
cjal-3228	499	9	exchange	exchange	NOUN
cjal-3228	499	10	rate	rate	NOUN
cjal-3228	499	11	regimes	regime	NOUN
cjal-3228	499	12	:	:	PUNCT
cjal-3228	499	13	risk	risk	NOUN
cjal-3228	499	14	without	without	ADP
cjal-3228	499	15	reward	reward	NOUN
cjal-3228	499	16	,	,	PUNCT
cjal-3228	499	17	579	579	NUM
cjal-3228	499	18	annals	annal	NOUN
cjal-3228	499	19	am	be	AUX
cjal-3228	499	20	.	.	PUNCT
cjal-3228	500	1	acad	acad	PROPN
cjal-3228	500	2	.	.	PUNCT
cjal-3228	501	1	pol	pol	PROPN
cjal-3228	501	2	.	.	PUNCT
cjal-3228	501	3	&	&	CCONJ
cjal-3228	501	4	soc	soc	PROPN
cjal-3228	501	5	.	.	PUNCT
cjal-3228	502	1	sci	sci	PROPN
cjal-3228	502	2	.	.	PROPN
cjal-3228	503	1	219	219	NUM
cjal-3228	503	2	(	(	PUNCT
cjal-3228	503	3	january	january	PROPN
cjal-3228	503	4	2002	2002	NUM
cjal-3228	503	5	)	)	PUNCT
cjal-3228	503	6	.	.	PUNCT
cjal-3228	504	1	following	follow	VERB
cjal-3228	504	2	rapid	rapid	ADJ
cjal-3228	504	3	deregulation	deregulation	NOUN
cjal-3228	504	4	of	of	ADP
cjal-3228	504	5	capital	capital	NOUN
cjal-3228	504	6	account	account	NOUN
cjal-3228	504	7	transactions	transaction	NOUN
cjal-3228	504	8	in	in	ADP
cjal-3228	504	9	several	several	ADJ
cjal-3228	504	10	east	east	ADJ
cjal-3228	504	11	asian	asian	ADJ
cjal-3228	504	12	countries	country	NOUN
cjal-3228	504	13	in	in	ADP
cjal-3228	504	14	the	the	DET
cjal-3228	504	15	early	early	ADJ
cjal-3228	504	16	and	and	CCONJ
cjal-3228	504	17	mid-1990s	mid-1990	NOUN
cjal-3228	504	18	,	,	PUNCT
cjal-3228	504	19	tremendous	tremendous	ADJ
cjal-3228	504	20	amounts	amount	NOUN
cjal-3228	504	21	of	of	ADP
cjal-3228	504	22	foreign	foreign	ADJ
cjal-3228	504	23	capital	capital	NOUN
cjal-3228	504	24	inflows	inflow	NOUN
cjal-3228	504	25	often	often	ADV
cjal-3228	504	26	in	in	ADP
cjal-3228	504	27	the	the	DET
cjal-3228	504	28	form	form	NOUN
cjal-3228	504	29	of	of	ADP
cjal-3228	504	30	short	short	ADJ
cjal-3228	504	31	-	-	PUNCT
cjal-3228	504	32	term	term	NOUN
cjal-3228	504	33	foreign	foreign	ADJ
cjal-3228	504	34	currency	currency	NOUN
cjal-3228	504	35	loans	loan	NOUN
cjal-3228	504	36	-led	-le	VERB
cjal-3228	504	37	to	to	ADP
cjal-3228	504	38	expanding	expand	VERB
cjal-3228	504	39	current	current	ADJ
cjal-3228	504	40	account	account	NOUN
cjal-3228	504	41	deficits	deficit	NOUN
cjal-3228	504	42	and	and	CCONJ
cjal-3228	504	43	asset	asset	NOUN
cjal-3228	504	44	bubbles	bubble	NOUN
cjal-3228	504	45	.	.	PUNCT
cjal-3228	505	1	as	as	SCONJ
cjal-3228	505	2	these	these	DET
cjal-3228	505	3	current	current	ADJ
cjal-3228	505	4	account	account	NOUN
cjal-3228	505	5	deficits	deficit	NOUN
cjal-3228	505	6	reached	reach	VERB
cjal-3228	505	7	dangerous	dangerous	ADJ
cjal-3228	505	8	levels	level	NOUN
cjal-3228	505	9	,	,	PUNCT
cjal-3228	505	10	capital	capital	NOUN
cjal-3228	505	11	began	begin	VERB
cjal-3228	505	12	fleeing	flee	VERB
cjal-3228	505	13	these	these	DET
cjal-3228	505	14	countries	country	NOUN
cjal-3228	505	15	,	,	PUNCT
cjal-3228	505	16	putting	put	VERB
cjal-3228	505	17	pressure	pressure	NOUN
cjal-3228	505	18	on	on	ADP
cjal-3228	505	19	their	their	PRON
cjal-3228	505	20	forex	forex	ADJ
cjal-3228	505	21	reserves	reserve	NOUN
cjal-3228	505	22	and	and	CCONJ
cjal-3228	505	23	exchange	exchange	NOUN
cjal-3228	505	24	rates	rate	NOUN
cjal-3228	505	25	.	.	PUNCT
cjal-3228	506	1	when	when	SCONJ
cjal-3228	506	2	these	these	DET
cjal-3228	506	3	governments	government	NOUN
cjal-3228	506	4	were	be	AUX
cjal-3228	506	5	finally	finally	ADV
cjal-3228	506	6	forced	force	VERB
cjal-3228	506	7	to	to	PART
cjal-3228	506	8	devalue	devalue	VERB
cjal-3228	506	9	their	their	PRON
cjal-3228	506	10	currencies	currency	NOUN
cjal-3228	506	11	,	,	PUNCT
cjal-3228	506	12	companies	company	NOUN
cjal-3228	506	13	found	find	VERB
cjal-3228	506	14	it	it	PRON
cjal-3228	506	15	impossible	impossible	ADJ
cjal-3228	506	16	to	to	PART
cjal-3228	506	17	pay	pay	VERB
cjal-3228	506	18	back	back	ADP
cjal-3228	506	19	their	their	PRON
cjal-3228	506	20	foreign	foreign	ADJ
cjal-3228	506	21	currency	currency	NOUN
cjal-3228	506	22	loans	loan	NOUN
cjal-3228	506	23	at	at	ADP
cjal-3228	506	24	the	the	DET
cjal-3228	506	25	new	new	ADJ
cjal-3228	506	26	exchange	exchange	NOUN
cjal-3228	506	27	rates	rate	NOUN
cjal-3228	506	28	,	,	PUNCT
cjal-3228	506	29	thus	thus	ADV
cjal-3228	506	30	precipitating	precipitate	VERB
cjal-3228	506	31	major	major	ADJ
cjal-3228	506	32	economic	economic	ADJ
cjal-3228	506	33	contractions	contraction	NOUN
cjal-3228	506	34	in	in	ADP
cjal-3228	506	35	these	these	DET
cjal-3228	506	36	economies	economy	NOUN
cjal-3228	506	37	.	.	PUNCT
cjal-3228	507	1	in	in	ADP
cjal-3228	507	2	contrast	contrast	NOUN
cjal-3228	507	3	,	,	PUNCT
cjal-3228	507	4	china	china	PROPN
cjal-3228	507	5	's	's	PART
cjal-3228	507	6	relatively	relatively	ADV
cjal-3228	507	7	stable	stable	ADJ
cjal-3228	507	8	growth	growth	NOUN
cjal-3228	507	9	over	over	ADP
cjal-3228	507	10	the	the	DET
cjal-3228	507	11	last	last	ADJ
cjal-3228	507	12	decade	decade	NOUN
cjal-3228	507	13	,	,	PUNCT
cjal-3228	507	14	especially	especially	ADV
cjal-3228	507	15	in	in	ADP
cjal-3228	507	16	the	the	DET
cjal-3228	507	17	face	face	NOUN
cjal-3228	507	18	of	of	ADP
cjal-3228	507	19	international	international	ADJ
cjal-3228	507	20	crises	crisis	NOUN
cjal-3228	507	21	like	like	ADP
cjal-3228	507	22	the	the	DET
cjal-3228	507	23	1997	1997	NUM
cjal-3228	507	24	-	-	SYM
cjal-3228	507	25	8	8	NUM
cjal-3228	507	26	asian	asian	ADJ
cjal-3228	507	27	financial	financial	ADJ
cjal-3228	507	28	crisis	crisis	NOUN
cjal-3228	507	29	,	,	PUNCT
cjal-3228	507	30	has	have	AUX
cjal-3228	507	31	been	be	AUX
cjal-3228	507	32	linked	link	VERB
cjal-3228	507	33	to	to	ADP
cjal-3228	507	34	prudent	prudent	ADJ
cjal-3228	507	35	regulation	regulation	NOUN
cjal-3228	507	36	of	of	ADP
cjal-3228	507	37	capital	capital	NOUN
cjal-3228	507	38	account	account	NOUN
cjal-3228	507	39	transactions	transaction	NOUN
cjal-3228	507	40	.	.	PUNCT
cjal-3228	508	1	94	94	NUM
cjal-3228	508	2	see	see	VERB
cjal-3228	508	3	,	,	PUNCT
cjal-3228	508	4	generally	generally	ADV
cjal-3228	508	5	,	,	PUNCT
cjal-3228	508	6	i	i	PROPN
cjal-3228	508	7	d.	d.	PROPN
cjal-3228	509	1	[	[	X
cjal-3228	509	2	17:2	17:2	NUM
cjal-3228	509	3	china	china	PROPN
cjal-3228	509	4	's	's	PART
cjal-3228	509	5	system	system	NOUN
cjal-3228	509	6	of	of	ADP
cjal-3228	509	7	foreign	foreign	ADJ
cjal-3228	509	8	exchange	exchange	NOUN
cjal-3228	509	9	in	in	ADP
cjal-3228	509	10	sophisticated	sophisticated	ADJ
cjal-3228	509	11	financial	financial	ADJ
cjal-3228	509	12	and	and	CCONJ
cjal-3228	509	13	capital	capital	NOUN
cjal-3228	509	14	markets	market	NOUN
cjal-3228	509	15	,	,	PUNCT
cjal-3228	509	16	are	be	AUX
cjal-3228	509	17	especially	especially	ADV
cjal-3228	509	18	vulnerable	vulnerable	ADJ
cjal-3228	509	19	to	to	ADP
cjal-3228	509	20	the	the	DET
cjal-3228	509	21	caprices	caprice	NOUN
cjal-3228	509	22	of	of	ADP
cjal-3228	509	23	unregulated	unregulated	ADJ
cjal-3228	509	24	international	international	ADJ
cjal-3228	509	25	capital	capital	NOUN
cjal-3228	509	26	markets	market	NOUN
cjal-3228	509	27	.	.	PUNCT
cjal-3228	510	1	moreover	moreover	ADV
cjal-3228	510	2	,	,	PUNCT
cjal-3228	510	3	both	both	DET
cjal-3228	510	4	large	large	ADJ
cjal-3228	510	5	-	-	PUNCT
cjal-3228	510	6	scale	scale	NOUN
cjal-3228	510	7	inflows	inflow	NOUN
cjal-3228	510	8	as	as	ADV
cjal-3228	510	9	well	well	ADV
cjal-3228	510	10	as	as	ADP
cjal-3228	510	11	large	large	ADJ
cjal-3228	510	12	-	-	PUNCT
cjal-3228	510	13	scale	scale	NOUN
cjal-3228	510	14	outflows	outflow	NOUN
cjal-3228	510	15	can	can	AUX
cjal-3228	510	16	be	be	AUX
cjal-3228	510	17	extremely	extremely	ADV
cjal-3228	510	18	hazardous	hazardous	ADJ
cjal-3228	510	19	to	to	ADP
cjal-3228	510	20	a	a	DET
cjal-3228	510	21	country	country	NOUN
cjal-3228	510	22	's	's	PART
cjal-3228	510	23	economic	economic	ADJ
cjal-3228	510	24	well	well	NOUN
cjal-3228	510	25	-	-	PUNCT
cjal-3228	510	26	being	being	NOUN
cjal-3228	510	27	.	.	PUNCT
cjal-3228	511	1	on	on	ADP
cjal-3228	511	2	the	the	DET
cjal-3228	511	3	one	one	NUM
cjal-3228	511	4	hand	hand	NOUN
cjal-3228	511	5	,	,	PUNCT
cjal-3228	511	6	a	a	DET
cjal-3228	511	7	sudden	sudden	ADJ
cjal-3228	511	8	inbound	inbound	ADJ
cjal-3228	511	9	surge	surge	NOUN
cjal-3228	511	10	of	of	ADP
cjal-3228	511	11	foreign	foreign	ADJ
cjal-3228	511	12	capital	capital	NOUN
cjal-3228	511	13	can	can	AUX
cjal-3228	511	14	lead	lead	VERB
cjal-3228	511	15	to	to	ADP
cjal-3228	511	16	currency	currency	NOUN
cjal-3228	511	17	appreciation	appreciation	NOUN
cjal-3228	511	18	pressure	pressure	NOUN
cjal-3228	511	19	,	,	PUNCT
cjal-3228	511	20	rising	rise	VERB
cjal-3228	511	21	inflation	inflation	NOUN
cjal-3228	511	22	,	,	PUNCT
cjal-3228	511	23	and	and	CCONJ
cjal-3228	511	24	current	current	ADJ
cjal-3228	511	25	account	account	NOUN
cjal-3228	511	26	deficits	deficit	NOUN
cjal-3228	511	27	.	.	PUNCT
cjal-3228	512	1	perhaps	perhaps	ADV
cjal-3228	512	2	more	more	ADV
cjal-3228	512	3	importantly	importantly	ADV
cjal-3228	512	4	,	,	PUNCT
cjal-3228	512	5	large	large	ADJ
cjal-3228	512	6	capital	capital	NOUN
cjal-3228	512	7	inflows	inflow	NOUN
cjal-3228	512	8	have	have	AUX
cjal-3228	512	9	been	be	AUX
cjal-3228	512	10	linked	link	VERB
cjal-3228	512	11	to	to	ADP
cjal-3228	512	12	asset	asset	NOUN
cjal-3228	512	13	price	price	NOUN
cjal-3228	512	14	bubbles	bubble	NOUN
cjal-3228	512	15	and	and	CCONJ
cjal-3228	512	16	the	the	DET
cjal-3228	512	17	resulting	result	VERB
cjal-3228	512	18	crashes	crash	NOUN
cjal-3228	512	19	when	when	SCONJ
cjal-3228	512	20	those	those	PRON
cjal-3228	512	21	bubbles	bubble	NOUN
cjal-3228	512	22	pop.95	pop.95	NOUN
cjal-3228	512	23	rapid	rapid	ADJ
cjal-3228	512	24	capital	capital	NOUN
cjal-3228	512	25	outflows	outflow	NOUN
cjal-3228	512	26	,	,	PUNCT
cjal-3228	512	27	on	on	ADP
cjal-3228	512	28	the	the	DET
cjal-3228	512	29	other	other	ADJ
cjal-3228	512	30	hand	hand	NOUN
cjal-3228	512	31	,	,	PUNCT
cjal-3228	512	32	can	can	AUX
cjal-3228	512	33	lead	lead	VERB
cjal-3228	512	34	to	to	ADP
cjal-3228	512	35	pressure	pressure	NOUN
cjal-3228	512	36	to	to	PART
cjal-3228	512	37	devalue	devalue	VERB
cjal-3228	512	38	the	the	DET
cjal-3228	512	39	currency	currency	NOUN
cjal-3228	512	40	and	and	CCONJ
cjal-3228	512	41	raise	raise	VERB
cjal-3228	512	42	interest	interest	NOUN
cjal-3228	512	43	rates	rate	NOUN
cjal-3228	512	44	,	,	PUNCT
cjal-3228	512	45	both	both	PRON
cjal-3228	512	46	of	of	ADP
cjal-3228	512	47	which	which	PRON
cjal-3228	512	48	can	can	AUX
cjal-3228	512	49	lead	lead	VERB
cjal-3228	512	50	to	to	ADP
cjal-3228	512	51	widespread	widespread	ADJ
cjal-3228	512	52	bankruptcies	bankruptcy	NOUN
cjal-3228	512	53	and	and	CCONJ
cjal-3228	512	54	economic	economic	ADJ
cjal-3228	512	55	recession	recession	NOUN
cjal-3228	512	56	.	.	PUNCT
cjal-3228	513	1	as	as	ADP
cjal-3228	513	2	a	a	DET
cjal-3228	513	3	result	result	NOUN
cjal-3228	513	4	,	,	PUNCT
cjal-3228	513	5	merely	merely	ADV
cjal-3228	513	6	monitoring	monitor	VERB
cjal-3228	513	7	and	and	CCONJ
cjal-3228	513	8	authenticating	authenticate	VERB
cjal-3228	513	9	individual	individual	ADJ
cjal-3228	513	10	capital	capital	NOUN
cjal-3228	513	11	account	account	NOUN
cjal-3228	513	12	transactions	transaction	NOUN
cjal-3228	513	13	,	,	PUNCT
cjal-3228	513	14	as	as	SCONJ
cjal-3228	513	15	is	be	AUX
cjal-3228	513	16	done	do	VERB
cjal-3228	513	17	with	with	ADP
cjal-3228	513	18	current	current	ADJ
cjal-3228	513	19	account	account	NOUN
cjal-3228	513	20	transactions	transaction	NOUN
cjal-3228	513	21	,	,	PUNCT
cjal-3228	513	22	may	may	AUX
cjal-3228	513	23	be	be	AUX
cjal-3228	513	24	insufficient	insufficient	ADJ
cjal-3228	513	25	to	to	PART
cjal-3228	513	26	prevent	prevent	VERB
cjal-3228	513	27	undesirable	undesirable	ADJ
cjal-3228	513	28	or	or	CCONJ
cjal-3228	513	29	overly	overly	ADV
cjal-3228	513	30	volatile	volatile	ADJ
cjal-3228	513	31	capital	capital	NOUN
cjal-3228	513	32	flows	flow	NOUN
cjal-3228	513	33	.	.	PUNCT
cjal-3228	514	1	compared	compare	VERB
cjal-3228	514	2	with	with	ADP
cjal-3228	514	3	china	china	PROPN
cjal-3228	514	4	's	's	PART
cjal-3228	514	5	regulatory	regulatory	ADJ
cjal-3228	514	6	and	and	CCONJ
cjal-3228	514	7	administrative	administrative	ADJ
cjal-3228	514	8	regime	regime	NOUN
cjal-3228	514	9	for	for	ADP
cjal-3228	514	10	current	current	ADJ
cjal-3228	514	11	account	account	NOUN
cjal-3228	514	12	forex	forex	ADJ
cjal-3228	514	13	transactions	transaction	NOUN
cjal-3228	514	14	,	,	PUNCT
cjal-3228	514	15	the	the	DET
cjal-3228	514	16	hallmark	hallmark	NOUN
cjal-3228	514	17	of	of	ADP
cjal-3228	514	18	china	china	PROPN
cjal-3228	514	19	's	's	PART
cjal-3228	514	20	capital	capital	NOUN
cjal-3228	514	21	account	account	NOUN
cjal-3228	514	22	regime	regime	NOUN
cjal-3228	514	23	is	be	AUX
cjal-3228	514	24	the	the	DET
cjal-3228	514	25	more	more	ADV
cjal-3228	514	26	active	active	ADJ
cjal-3228	514	27	and	and	CCONJ
cjal-3228	514	28	discretionary	discretionary	ADJ
cjal-3228	514	29	role	role	NOUN
cjal-3228	514	30	played	play	VERB
cjal-3228	514	31	by	by	ADP
cjal-3228	514	32	safe	safe	ADJ
cjal-3228	514	33	in	in	ADP
cjal-3228	514	34	monitoring	monitor	VERB
cjal-3228	514	35	and	and	CCONJ
cjal-3228	514	36	approving	approve	VERB
cjal-3228	514	37	certain	certain	ADJ
cjal-3228	514	38	types	type	NOUN
cjal-3228	514	39	of	of	ADP
cjal-3228	514	40	transactions	transaction	NOUN
cjal-3228	514	41	.	.	PUNCT
cjal-3228	515	1	this	this	DET
cjal-3228	515	2	role	role	NOUN
cjal-3228	515	3	allows	allow	VERB
cjal-3228	515	4	safe	safe	ADJ
cjal-3228	515	5	,	,	PUNCT
cjal-3228	515	6	through	through	ADP
cjal-3228	515	7	both	both	CCONJ
cjal-3228	515	8	regulatory	regulatory	ADJ
cjal-3228	515	9	and	and	CCONJ
cjal-3228	515	10	administrative	administrative	ADJ
cjal-3228	515	11	means	mean	NOUN
cjal-3228	515	12	,	,	PUNCT
cjal-3228	515	13	to	to	PART
cjal-3228	515	14	discourage	discourage	VERB
cjal-3228	515	15	or	or	CCONJ
cjal-3228	515	16	disallow	disallow	VERB
cjal-3228	515	17	individual	individual	NOUN
cjal-3228	515	18	or	or	CCONJ
cjal-3228	515	19	groups	group	NOUN
cjal-3228	515	20	of	of	ADP
cjal-3228	515	21	transactions	transaction	NOUN
cjal-3228	515	22	that	that	PRON
cjal-3228	515	23	are	be	AUX
cjal-3228	515	24	deemed	deem	VERB
cjal-3228	515	25	unnecessary	unnecessary	ADJ
cjal-3228	515	26	or	or	CCONJ
cjal-3228	515	27	undesirable	undesirable	ADJ
cjal-3228	515	28	for	for	ADP
cjal-3228	515	29	economic	economic	ADJ
cjal-3228	515	30	development	development	NOUN
cjal-3228	515	31	and	and	CCONJ
cjal-3228	515	32	the	the	DET
cjal-3228	515	33	maintenance	maintenance	NOUN
cjal-3228	515	34	of	of	ADP
cjal-3228	515	35	a	a	DET
cjal-3228	515	36	healthy	healthy	ADJ
cjal-3228	515	37	balance	balance	NOUN
cjal-3228	515	38	of	of	ADP
cjal-3228	515	39	payments	payment	NOUN
cjal-3228	515	40	.	.	PUNCT
cjal-3228	516	1	in	in	ADP
cjal-3228	516	2	particular	particular	ADJ
cjal-3228	516	3	,	,	PUNCT
cjal-3228	516	4	transactions	transaction	NOUN
cjal-3228	516	5	which	which	PRON
cjal-3228	516	6	may	may	AUX
cjal-3228	516	7	impose	impose	VERB
cjal-3228	516	8	significant	significant	ADJ
cjal-3228	516	9	foreign	foreign	ADJ
cjal-3228	516	10	currency	currency	NOUN
cjal-3228	516	11	liabilities	liability	NOUN
cjal-3228	516	12	on	on	ADP
cjal-3228	516	13	chinese	chinese	ADJ
cjal-3228	516	14	institutions	institution	NOUN
cjal-3228	516	15	are	be	AUX
cjal-3228	516	16	subject	subject	ADJ
cjal-3228	516	17	to	to	ADP
cjal-3228	516	18	discriminatory	discriminatory	ADJ
cjal-3228	516	19	administrative	administrative	ADJ
cjal-3228	516	20	oversight	oversight	NOUN
cjal-3228	516	21	.	.	PUNCT
cjal-3228	517	1	however	however	ADV
cjal-3228	517	2	,	,	PUNCT
cjal-3228	517	3	it	it	PRON
cjal-3228	517	4	must	must	AUX
cjal-3228	517	5	be	be	AUX
cjal-3228	517	6	remembered	remember	VERB
cjal-3228	517	7	that	that	SCONJ
cjal-3228	517	8	forex	forex	ADJ
cjal-3228	517	9	regulation	regulation	NOUN
cjal-3228	517	10	is	be	AUX
cjal-3228	517	11	only	only	ADV
cjal-3228	517	12	one	one	NUM
cjal-3228	517	13	facet	facet	NOUN
cjal-3228	517	14	of	of	ADP
cjal-3228	517	15	a	a	DET
cjal-3228	517	16	broader	broad	ADJ
cjal-3228	517	17	regulatory	regulatory	ADJ
cjal-3228	517	18	and	and	CCONJ
cjal-3228	517	19	administrative	administrative	ADJ
cjal-3228	517	20	regime	regime	NOUN
cjal-3228	517	21	in	in	ADP
cjal-3228	517	22	which	which	PRON
cjal-3228	517	23	several	several	ADJ
cjal-3228	517	24	central	central	ADJ
cjal-3228	517	25	ministries	ministry	NOUN
cjal-3228	517	26	and	and	CCONJ
cjal-3228	517	27	bureaus	bureaus	NOUN
cjal-3228	517	28	play	play	VERB
cjal-3228	517	29	important	important	ADJ
cjal-3228	517	30	roles	role	NOUN
cjal-3228	517	31	in	in	ADP
cjal-3228	517	32	approving	approve	VERB
cjal-3228	517	33	and	and	CCONJ
cjal-3228	517	34	monitoring	monitor	VERB
cjal-3228	517	35	different	different	ADJ
cjal-3228	517	36	aspects	aspect	NOUN
cjal-3228	517	37	of	of	ADP
cjal-3228	517	38	capital	capital	NOUN
cjal-3228	517	39	account	account	NOUN
cjal-3228	517	40	transactions	transaction	NOUN
cjal-3228	517	41	.	.	PUNCT
cjal-3228	518	1	thus	thus	ADV
cjal-3228	518	2	,	,	PUNCT
cjal-3228	518	3	any	any	DET
cjal-3228	518	4	given	give	VERB
cjal-3228	518	5	inward	inward	ADV
cjal-3228	518	6	or	or	CCONJ
cjal-3228	518	7	outward	outward	ADJ
cjal-3228	518	8	investment	investment	NOUN
cjal-3228	518	9	must	must	AUX
cjal-3228	518	10	pass	pass	VERB
cjal-3228	518	11	a	a	DET
cjal-3228	518	12	panoply	panoply	NOUN
cjal-3228	518	13	of	of	ADP
cjal-3228	518	14	administrative	administrative	ADJ
cjal-3228	518	15	approvals	approval	NOUN
cjal-3228	518	16	designed	design	VERB
cjal-3228	518	17	to	to	PART
cjal-3228	518	18	ensure	ensure	VERB
cjal-3228	518	19	that	that	SCONJ
cjal-3228	518	20	that	that	DET
cjal-3228	518	21	particular	particular	ADJ
cjal-3228	518	22	investment	investment	NOUN
cjal-3228	518	23	conforms	conform	VERB
cjal-3228	518	24	to	to	ADP
cjal-3228	518	25	china	china	PROPN
cjal-3228	518	26	's	's	PART
cjal-3228	518	27	overall	overall	ADJ
cjal-3228	518	28	development	development	NOUN
cjal-3228	518	29	policies	policy	NOUN
cjal-3228	518	30	and	and	CCONJ
cjal-3228	518	31	needs	need	NOUN
cjal-3228	518	32	.	.	PUNCT
cjal-3228	519	1	within	within	ADP
cjal-3228	519	2	this	this	DET
cjal-3228	519	3	context	context	NOUN
cjal-3228	519	4	,	,	PUNCT
cjal-3228	519	5	safe	safe	ADJ
cjal-3228	519	6	's	's	PART
cjal-3228	519	7	principal	principal	ADJ
cjal-3228	519	8	responsibilities	responsibility	NOUN
cjal-3228	519	9	include	include	VERB
cjal-3228	519	10	:	:	PUNCT
cjal-3228	519	11	95	95	NUM
cjal-3228	519	12	as	as	SCONJ
cjal-3228	519	13	foreign	foreign	ADJ
cjal-3228	519	14	currency	currency	NOUN
cjal-3228	519	15	enters	enter	VERB
cjal-3228	519	16	an	an	DET
cjal-3228	519	17	economy	economy	NOUN
cjal-3228	519	18	and	and	CCONJ
cjal-3228	519	19	is	be	AUX
cjal-3228	519	20	converted	convert	VERB
cjal-3228	519	21	into	into	ADP
cjal-3228	519	22	domestic	domestic	ADJ
cjal-3228	519	23	currency	currency	NOUN
cjal-3228	519	24	at	at	ADP
cjal-3228	519	25	a	a	DET
cjal-3228	519	26	fixed	fix	VERB
cjal-3228	519	27	exchange	exchange	NOUN
cjal-3228	519	28	rate	rate	NOUN
cjal-3228	519	29	,	,	PUNCT
cjal-3228	519	30	unless	unless	SCONJ
cjal-3228	519	31	it	it	PRON
cjal-3228	519	32	is	be	AUX
cjal-3228	519	33	"	"	PUNCT
cjal-3228	519	34	sterilized	sterilize	VERB
cjal-3228	519	35	"	"	PUNCT
cjal-3228	519	36	through	through	ADP
cjal-3228	519	37	central	central	ADJ
cjal-3228	519	38	bank	bank	NOUN
cjal-3228	519	39	open	open	ADJ
cjal-3228	519	40	market	market	NOUN
cjal-3228	519	41	operations	operation	NOUN
cjal-3228	519	42	,	,	PUNCT
cjal-3228	519	43	the	the	DET
cjal-3228	519	44	domestic	domestic	ADJ
cjal-3228	519	45	monetary	monetary	ADJ
cjal-3228	519	46	supply	supply	NOUN
cjal-3228	519	47	will	will	AUX
cjal-3228	519	48	increase	increase	VERB
cjal-3228	519	49	.	.	PUNCT
cjal-3228	520	1	this	this	DET
cjal-3228	520	2	"	"	PUNCT
cjal-3228	520	3	new	new	ADJ
cjal-3228	520	4	"	"	PUNCT
cjal-3228	520	5	money	money	NOUN
cjal-3228	520	6	frequently	frequently	ADV
cjal-3228	520	7	is	be	AUX
cjal-3228	520	8	used	use	VERB
cjal-3228	520	9	to	to	PART
cjal-3228	520	10	fuel	fuel	VERB
cjal-3228	520	11	speculative	speculative	ADJ
cjal-3228	520	12	bubbles	bubble	NOUN
cjal-3228	520	13	in	in	ADP
cjal-3228	520	14	asset	asset	NOUN
cjal-3228	520	15	markets	market	NOUN
cjal-3228	520	16	,	,	PUNCT
cjal-3228	520	17	a	a	DET
cjal-3228	520	18	phenomenon	phenomenon	NOUN
cjal-3228	520	19	which	which	PRON
cjal-3228	520	20	occurred	occur	VERB
cjal-3228	520	21	in	in	ADP
cjal-3228	520	22	several	several	ADJ
cjal-3228	520	23	east	east	ADJ
cjal-3228	520	24	asian	asian	ADJ
cjal-3228	520	25	countries	country	NOUN
cjal-3228	520	26	during	during	ADP
cjal-3228	520	27	the	the	DET
cjal-3228	520	28	years	year	NOUN
cjal-3228	520	29	leading	lead	VERB
cjal-3228	520	30	up	up	ADP
cjal-3228	520	31	to	to	ADP
cjal-3228	520	32	the	the	DET
cjal-3228	520	33	financial	financial	ADJ
cjal-3228	520	34	crisis	crisis	NOUN
cjal-3228	520	35	.	.	PUNCT
cjal-3228	521	1	recently	recently	ADV
cjal-3228	521	2	,	,	PUNCT
cjal-3228	521	3	some	some	DET
cjal-3228	521	4	commentators	commentator	NOUN
cjal-3228	521	5	have	have	AUX
cjal-3228	521	6	expressed	express	VERB
cjal-3228	521	7	concern	concern	NOUN
cjal-3228	521	8	that	that	SCONJ
cjal-3228	521	9	a	a	DET
cjal-3228	521	10	similar	similar	ADJ
cjal-3228	521	11	phenomenon	phenomenon	NOUN
cjal-3228	521	12	is	be	AUX
cjal-3228	521	13	occurring	occur	VERB
cjal-3228	521	14	in	in	ADP
cjal-3228	521	15	china	china	PROPN
cjal-3228	521	16	,	,	PUNCT
cjal-3228	521	17	in	in	ADP
cjal-3228	521	18	particular	particular	ADJ
cjal-3228	521	19	with	with	ADP
cjal-3228	521	20	regard	regard	NOUN
cjal-3228	521	21	to	to	ADP
cjal-3228	521	22	the	the	DET
cjal-3228	521	23	real	real	ADJ
cjal-3228	521	24	estate	estate	NOUN
cjal-3228	521	25	markets	market	NOUN
cjal-3228	521	26	in	in	ADP
cjal-3228	521	27	beijing	beijing	PROPN
cjal-3228	521	28	and	and	CCONJ
cjal-3228	521	29	shanghai	shanghai	PROPN
cjal-3228	521	30	.	.	PUNCT
cjal-3228	522	1	see	see	VERB
cjal-3228	522	2	,	,	PUNCT
cjal-3228	522	3	e.g.	e.g.	ADV
cjal-3228	522	4	,	,	PUNCT
cjal-3228	522	5	tim	tim	PROPN
cjal-3228	522	6	holland	holland	PROPN
cjal-3228	522	7	,	,	PUNCT
cjal-3228	522	8	do	do	AUX
cjal-3228	522	9	n't	not	PART
cjal-3228	522	10	revalue	revalue	VERB
cjal-3228	522	11	,	,	PUNCT
cjal-3228	522	12	far	far	PROPN
cjal-3228	522	13	e.	e.	PROPN
cjal-3228	522	14	econ	econ	PROPN
cjal-3228	522	15	.	.	PUNCT
cjal-3228	523	1	rev	rev	PROPN
cjal-3228	523	2	.	.	PROPN
cjal-3228	523	3	,	,	PUNCT
cjal-3228	523	4	june	june	PROPN
cjal-3228	523	5	26	26	NUM
cjal-3228	523	6	,	,	PUNCT
cjal-3228	523	7	2003	2003	NUM
cjal-3228	523	8	.	.	PUNCT
cjal-3228	524	1	2004	2004	NUM
cjal-3228	524	2	]	]	PUNCT
cjal-3228	524	3	columbia	columbia	PROPN
cjal-3228	524	4	journal	journal	PROPN
cjal-3228	524	5	of	of	ADP
cjal-3228	524	6	asian	asian	ADJ
cjal-3228	524	7	law	law	PROPN
cjal-3228	524	8	1	1	NUM
cjal-3228	524	9	.	.	X
cjal-3228	525	1	regulating	regulate	VERB
cjal-3228	525	2	and	and	CCONJ
cjal-3228	525	3	monitoring	monitor	VERB
cjal-3228	525	4	capital	capital	NOUN
cjal-3228	525	5	account	account	PROPN
cjal-3228	525	6	bank	bank	NOUN
cjal-3228	525	7	accounts	account	NOUN
cjal-3228	525	8	,	,	PUNCT
cjal-3228	525	9	including	include	VERB
cjal-3228	525	10	the	the	DET
cjal-3228	525	11	sources	source	NOUN
cjal-3228	525	12	and	and	CCONJ
cjal-3228	525	13	uses	use	NOUN
cjal-3228	525	14	of	of	ADP
cjal-3228	525	15	funds	fund	NOUN
cjal-3228	525	16	in	in	ADP
cjal-3228	525	17	those	those	DET
cjal-3228	525	18	accounts	account	NOUN
cjal-3228	525	19	;	;	PUNCT
cjal-3228	525	20	2	2	X
cjal-3228	525	21	.	.	X
cjal-3228	525	22	registering	register	VERB
cjal-3228	525	23	,	,	PUNCT
cjal-3228	525	24	regulating	regulate	VERB
cjal-3228	525	25	,	,	PUNCT
cjal-3228	525	26	and	and	CCONJ
cjal-3228	525	27	monitoring	monitor	VERB
cjal-3228	525	28	inbound	inbound	ADJ
cjal-3228	525	29	foreign	foreign	ADJ
cjal-3228	525	30	capital	capital	NOUN
cjal-3228	525	31	,	,	PUNCT
cjal-3228	525	32	including	include	VERB
cjal-3228	525	33	fdi	fdi	PROPN
cjal-3228	525	34	,	,	PUNCT
cjal-3228	525	35	foreign	foreign	ADJ
cjal-3228	525	36	currency	currency	NOUN
cjal-3228	525	37	debt	debt	NOUN
cjal-3228	525	38	,	,	PUNCT
cjal-3228	525	39	and	and	CCONJ
cjal-3228	525	40	portfolio	portfolio	NOUN
cjal-3228	525	41	flows	flow	NOUN
cjal-3228	525	42	;	;	PUNCT
cjal-3228	525	43	and	and	CCONJ
cjal-3228	525	44	3	3	X
cjal-3228	525	45	.	.	X
cjal-3228	525	46	evaluating	evaluate	VERB
cjal-3228	525	47	and	and	CCONJ
cjal-3228	525	48	monitoring	monitor	VERB
cjal-3228	525	49	outward	outward	ADP
cjal-3228	525	50	foreign	foreign	ADJ
cjal-3228	525	51	investments	investment	NOUN
cjal-3228	525	52	.	.	PUNCT
cjal-3228	526	1	the	the	DET
cjal-3228	526	2	degree	degree	NOUN
cjal-3228	526	3	to	to	PART
cjal-3228	526	4	which	which	PRON
cjal-3228	526	5	a	a	DET
cjal-3228	526	6	particular	particular	ADJ
cjal-3228	526	7	type	type	NOUN
cjal-3228	526	8	of	of	ADP
cjal-3228	526	9	transaction	transaction	NOUN
cjal-3228	526	10	is	be	AUX
cjal-3228	526	11	subject	subject	ADJ
cjal-3228	526	12	to	to	ADP
cjal-3228	526	13	regulatory	regulatory	ADJ
cjal-3228	526	14	and	and	CCONJ
cjal-3228	526	15	administrative	administrative	ADJ
cjal-3228	526	16	restrictions	restriction	NOUN
cjal-3228	526	17	is	be	AUX
cjal-3228	526	18	a	a	DET
cjal-3228	526	19	function	function	NOUN
cjal-3228	526	20	of	of	ADP
cjal-3228	526	21	the	the	DET
cjal-3228	526	22	importance	importance	NOUN
cjal-3228	526	23	of	of	ADP
cjal-3228	526	24	that	that	DET
cjal-3228	526	25	type	type	NOUN
cjal-3228	526	26	of	of	ADP
cjal-3228	526	27	transaction	transaction	NOUN
cjal-3228	526	28	to	to	ADP
cjal-3228	526	29	china	china	PROPN
cjal-3228	526	30	's	's	PART
cjal-3228	526	31	economic	economic	ADJ
cjal-3228	526	32	development	development	NOUN
cjal-3228	526	33	and	and	CCONJ
cjal-3228	526	34	the	the	DET
cjal-3228	526	35	risk	risk	NOUN
cjal-3228	526	36	it	it	PRON
cjal-3228	526	37	poses	pose	VERB
cjal-3228	526	38	to	to	ADP
cjal-3228	526	39	china	china	PROPN
cjal-3228	526	40	's	's	PART
cjal-3228	526	41	balance	balance	NOUN
cjal-3228	526	42	of	of	ADP
cjal-3228	526	43	payments	payment	NOUN
cjal-3228	526	44	.	.	PUNCT
cjal-3228	527	1	transactions	transaction	NOUN
cjal-3228	527	2	which	which	PRON
cjal-3228	527	3	are	be	AUX
cjal-3228	527	4	considered	consider	VERB
cjal-3228	527	5	relatively	relatively	ADV
cjal-3228	527	6	benign	benign	ADJ
cjal-3228	527	7	or	or	CCONJ
cjal-3228	527	8	encouraged	encourage	VERB
cjal-3228	527	9	,	,	PUNCT
cjal-3228	527	10	such	such	ADJ
cjal-3228	527	11	as	as	ADP
cjal-3228	527	12	inward	inward	ADV
cjal-3228	527	13	fdi	fdi	PROPN
cjal-3228	527	14	,	,	PUNCT
cjal-3228	527	15	face	face	VERB
cjal-3228	527	16	mostly	mostly	ADV
cjal-3228	527	17	just	just	ADV
cjal-3228	527	18	registration	registration	NOUN
cjal-3228	527	19	requirements	requirement	NOUN
cjal-3228	527	20	and	and	CCONJ
cjal-3228	527	21	bank	bank	NOUN
cjal-3228	527	22	account	account	NOUN
cjal-3228	527	23	monitoring	monitoring	NOUN
cjal-3228	527	24	.	.	PUNCT
cjal-3228	528	1	on	on	ADP
cjal-3228	528	2	the	the	DET
cjal-3228	528	3	other	other	ADJ
cjal-3228	528	4	side	side	NOUN
cjal-3228	528	5	of	of	ADP
cjal-3228	528	6	the	the	DET
cjal-3228	528	7	spectrum	spectrum	NOUN
cjal-3228	528	8	,	,	PUNCT
cjal-3228	528	9	capital	capital	NOUN
cjal-3228	528	10	account	account	NOUN
cjal-3228	528	11	transactions	transaction	NOUN
cjal-3228	528	12	considered	consider	VERB
cjal-3228	528	13	especially	especially	ADV
cjal-3228	528	14	volatile	volatile	ADJ
cjal-3228	528	15	,	,	PUNCT
cjal-3228	528	16	such	such	ADJ
cjal-3228	528	17	as	as	ADP
cjal-3228	528	18	securities	security	NOUN
cjal-3228	528	19	investments	investment	NOUN
cjal-3228	528	20	,	,	PUNCT
cjal-3228	528	21	or	or	CCONJ
cjal-3228	528	22	capable	capable	ADJ
cjal-3228	528	23	of	of	ADP
cjal-3228	528	24	imposing	impose	VERB
cjal-3228	528	25	heavy	heavy	ADJ
cjal-3228	528	26	debt	debt	NOUN
cjal-3228	528	27	burdens	burden	NOUN
cjal-3228	528	28	on	on	ADP
cjal-3228	528	29	china	china	PROPN
cjal-3228	528	30	,	,	PUNCT
cjal-3228	528	31	such	such	ADJ
cjal-3228	528	32	as	as	ADP
cjal-3228	528	33	long	long	ADJ
cjal-3228	528	34	-	-	PUNCT
cjal-3228	528	35	term	term	NOUN
cjal-3228	528	36	foreign	foreign	ADJ
cjal-3228	528	37	currency	currency	NOUN
cjal-3228	528	38	borrowing	borrowing	NOUN
cjal-3228	528	39	,	,	PUNCT
cjal-3228	528	40	are	be	AUX
cjal-3228	528	41	met	meet	VERB
cjal-3228	528	42	with	with	ADP
cjal-3228	528	43	an	an	DET
cjal-3228	528	44	extensive	extensive	ADJ
cjal-3228	528	45	administrative	administrative	ADJ
cjal-3228	528	46	approval	approval	NOUN
cjal-3228	528	47	process	process	NOUN
cjal-3228	528	48	.	.	PUNCT
cjal-3228	529	1	although	although	SCONJ
cjal-3228	529	2	an	an	DET
cjal-3228	529	3	array	array	NOUN
cjal-3228	529	4	of	of	ADP
cjal-3228	529	5	restrictions	restriction	NOUN
cjal-3228	529	6	and	and	CCONJ
cjal-3228	529	7	limitations	limitation	NOUN
cjal-3228	529	8	remain	remain	VERB
cjal-3228	529	9	on	on	ADP
cjal-3228	529	10	most	most	ADJ
cjal-3228	529	11	types	type	NOUN
cjal-3228	529	12	of	of	ADP
cjal-3228	529	13	capital	capital	NOUN
cjal-3228	529	14	account	account	NOUN
cjal-3228	529	15	transactions	transaction	NOUN
cjal-3228	529	16	,	,	PUNCT
cjal-3228	529	17	the	the	DET
cjal-3228	529	18	last	last	ADJ
cjal-3228	529	19	several	several	ADJ
cjal-3228	529	20	years	year	NOUN
cjal-3228	529	21	have	have	AUX
cjal-3228	529	22	seen	see	VERB
cjal-3228	529	23	a	a	DET
cjal-3228	529	24	steady	steady	ADJ
cjal-3228	529	25	stream	stream	NOUN
cjal-3228	529	26	of	of	ADP
cjal-3228	529	27	new	new	ADJ
cjal-3228	529	28	regulations	regulation	NOUN
cjal-3228	529	29	marking	mark	VERB
cjal-3228	529	30	a	a	DET
cjal-3228	529	31	gradual	gradual	ADJ
cjal-3228	529	32	,	,	PUNCT
cjal-3228	529	33	tentative	tentative	NOUN
cjal-3228	529	34	,	,	PUNCT
cjal-3228	529	35	but	but	CCONJ
cjal-3228	529	36	clear	clear	ADJ
cjal-3228	529	37	shift	shift	NOUN
cjal-3228	529	38	from	from	ADP
cjal-3228	529	39	a	a	DET
cjal-3228	529	40	system	system	NOUN
cjal-3228	529	41	based	base	VERB
cjal-3228	529	42	on	on	ADP
cjal-3228	529	43	direct	direct	ADJ
cjal-3228	529	44	administrative	administrative	ADJ
cjal-3228	529	45	oversight	oversight	NOUN
cjal-3228	529	46	by	by	ADP
cjal-3228	529	47	safe	safe	ADJ
cjal-3228	529	48	to	to	ADP
cjal-3228	529	49	one	one	NUM
cjal-3228	529	50	based	base	VERB
cjal-3228	529	51	primarily	primarily	ADV
cjal-3228	529	52	on	on	ADP
cjal-3228	529	53	indirect	indirect	ADJ
cjal-3228	529	54	regulation	regulation	NOUN
cjal-3228	529	55	through	through	ADP
cjal-3228	529	56	the	the	DET
cjal-3228	529	57	designated	designate	VERB
cjal-3228	529	58	foreign	foreign	ADJ
cjal-3228	529	59	exchange	exchange	NOUN
cjal-3228	529	60	banks	bank	NOUN
cjal-3228	529	61	.	.	PUNCT
cjal-3228	530	1	as	as	ADP
cjal-3228	530	2	with	with	ADP
cjal-3228	530	3	the	the	DET
cjal-3228	530	4	current	current	ADJ
cjal-3228	530	5	account	account	NOUN
cjal-3228	530	6	administrative	administrative	ADJ
cjal-3228	530	7	regime	regime	NOUN
cjal-3228	530	8	,	,	PUNCT
cjal-3228	530	9	regulation	regulation	NOUN
cjal-3228	530	10	of	of	ADP
cjal-3228	530	11	foreign	foreign	ADJ
cjal-3228	530	12	exchange	exchange	NOUN
cjal-3228	530	13	bank	bank	NOUN
cjal-3228	530	14	accounts	account	NOUN
cjal-3228	530	15	plays	play	VERB
cjal-3228	530	16	a	a	DET
cjal-3228	530	17	crucial	crucial	ADJ
cjal-3228	530	18	role	role	NOUN
cjal-3228	530	19	in	in	ADP
cjal-3228	530	20	the	the	DET
cjal-3228	530	21	capital	capital	NOUN
cjal-3228	530	22	account	account	NOUN
cjal-3228	530	23	regime	regime	NOUN
cjal-3228	530	24	.	.	PUNCT
cjal-3228	531	1	the	the	DET
cjal-3228	531	2	primary	primary	ADJ
cjal-3228	531	3	difference	difference	NOUN
cjal-3228	531	4	between	between	ADP
cjal-3228	531	5	the	the	DET
cjal-3228	531	6	two	two	NUM
cjal-3228	531	7	regimes	regime	NOUN
cjal-3228	531	8	lies	lie	VERB
cjal-3228	531	9	in	in	ADP
cjal-3228	531	10	the	the	DET
cjal-3228	531	11	strict	strict	ADJ
cjal-3228	531	12	subdivision	subdivision	NOUN
cjal-3228	531	13	of	of	ADP
cjal-3228	531	14	capital	capital	PROPN
cjal-3228	531	15	account	account	PROPN
cjal-3228	531	16	forex	forex	PROPN
cjal-3228	531	17	bank	bank	NOUN
cjal-3228	531	18	accounts	account	NOUN
cjal-3228	531	19	.	.	PUNCT
cjal-3228	532	1	whereas	whereas	SCONJ
cjal-3228	532	2	all	all	DET
cjal-3228	532	3	earnings	earning	NOUN
cjal-3228	532	4	from	from	ADP
cjal-3228	532	5	current	current	ADJ
cjal-3228	532	6	account	account	NOUN
cjal-3228	532	7	transactions	transaction	NOUN
cjal-3228	532	8	may	may	AUX
cjal-3228	532	9	be	be	AUX
cjal-3228	532	10	accumulated	accumulate	VERB
cjal-3228	532	11	in	in	ADP
cjal-3228	532	12	a	a	DET
cjal-3228	532	13	single	single	ADJ
cjal-3228	532	14	account	account	NOUN
cjal-3228	532	15	and	and	CCONJ
cjal-3228	532	16	used	use	VERB
cjal-3228	532	17	for	for	ADP
cjal-3228	532	18	payment	payment	NOUN
cjal-3228	532	19	of	of	ADP
cjal-3228	532	20	any	any	DET
cjal-3228	532	21	current	current	ADJ
cjal-3228	532	22	account	account	NOUN
cjal-3228	532	23	item	item	NOUN
cjal-3228	532	24	,	,	PUNCT
cjal-3228	532	25	capital	capital	NOUN
cjal-3228	532	26	account	account	PROPN
cjal-3228	532	27	forex	forex	PROPN
cjal-3228	532	28	bank	bank	NOUN
cjal-3228	532	29	accounts	account	NOUN
cjal-3228	532	30	must	must	AUX
cjal-3228	532	31	be	be	AUX
cjal-3228	532	32	divided	divide	VERB
cjal-3228	532	33	according	accord	VERB
cjal-3228	532	34	to	to	ADP
cjal-3228	532	35	the	the	DET
cjal-3228	532	36	type	type	NOUN
cjal-3228	532	37	of	of	ADP
cjal-3228	532	38	underlying	underlie	VERB
cjal-3228	532	39	transaction	transaction	NOUN
cjal-3228	532	40	from	from	ADP
cjal-3228	532	41	which	which	PRON
cjal-3228	532	42	the	the	DET
cjal-3228	532	43	income	income	NOUN
cjal-3228	532	44	was	be	AUX
cjal-3228	532	45	earned	earn	VERB
cjal-3228	532	46	or	or	CCONJ
cjal-3228	532	47	for	for	ADP
cjal-3228	532	48	which	which	PRON
cjal-3228	532	49	it	it	PRON
cjal-3228	532	50	will	will	AUX
cjal-3228	532	51	be	be	AUX
cjal-3228	532	52	used	use	VERB
cjal-3228	532	53	.	.	PUNCT
cjal-3228	533	1	specifically	specifically	ADV
cjal-3228	533	2	,	,	PUNCT
cjal-3228	533	3	the	the	DET
cjal-3228	533	4	forex	forex	ADJ
cjal-3228	533	5	account	account	NOUN
cjal-3228	533	6	provisions	provision	NOUN
cjal-3228	533	7	divide	divide	VERB
cjal-3228	533	8	capital	capital	NOUN
cjal-3228	533	9	account	account	NOUN
cjal-3228	533	10	transactions	transaction	NOUN
cjal-3228	533	11	into	into	ADP
cjal-3228	533	12	eight	eight	NUM
cjal-3228	533	13	categories	category	NOUN
cjal-3228	533	14	(	(	PUNCT
cjal-3228	533	15	the	the	DET
cjal-3228	533	16	eighth	eighth	ADJ
cjal-3228	533	17	being	be	AUX
cjal-3228	533	18	miscellaneous	miscellaneous	ADJ
cjal-3228	533	19	)	)	PUNCT
cjal-3228	533	20	,	,	PUNCT
cjal-3228	533	21	each	each	PRON
cjal-3228	533	22	of	of	ADP
cjal-3228	533	23	which	which	PRON
cjal-3228	533	24	must	must	AUX
cjal-3228	533	25	have	have	VERB
cjal-3228	533	26	its	its	PRON
cjal-3228	533	27	own	own	ADJ
cjal-3228	533	28	account.96	account.96	NOUN
cjal-3228	533	29	generally	generally	ADV
cjal-3228	533	30	,	,	PUNCT
cjal-3228	533	31	the	the	DET
cjal-3228	533	32	funds	fund	NOUN
cjal-3228	533	33	from	from	ADP
cjal-3228	533	34	these	these	DET
cjal-3228	533	35	accounts	account	NOUN
cjal-3228	533	36	may	may	AUX
cjal-3228	533	37	not	not	PART
cjal-3228	533	38	be	be	AUX
cjal-3228	533	39	96	96	NUM
cjal-3228	533	40	forex	forex	ADJ
cjal-3228	533	41	account	account	NOUN
cjal-3228	533	42	provisions	provision	NOUN
cjal-3228	533	43	,	,	PUNCT
cjal-3228	533	44	supra	supra	PROPN
cjal-3228	533	45	note	note	NOUN
cjal-3228	533	46	70	70	NUM
cjal-3228	533	47	,	,	PUNCT
cjal-3228	533	48	art	art	NOUN
cjal-3228	533	49	.	.	PUNCT
cjal-3228	534	1	20	20	NUM
cjal-3228	534	2	.	.	PUNCT
cjal-3228	535	1	upon	upon	SCONJ
cjal-3228	535	2	approval	approval	NOUN
cjal-3228	535	3	by	by	ADP
cjal-3228	535	4	safe	safe	ADJ
cjal-3228	535	5	,	,	PUNCT
cjal-3228	535	6	each	each	DET
cjal-3228	535	7	account	account	NOUN
cjal-3228	535	8	is	be	AUX
cjal-3228	535	9	given	give	VERB
cjal-3228	535	10	a	a	DET
cjal-3228	535	11	set	set	NOUN
cjal-3228	535	12	of	of	ADP
cjal-3228	535	13	parameters	parameter	NOUN
cjal-3228	535	14	regarding	regard	VERB
cjal-3228	535	15	permissible	permissible	ADJ
cjal-3228	535	16	payments	payment	NOUN
cjal-3228	535	17	and	and	CCONJ
cjal-3228	535	18	receipts	receipt	NOUN
cjal-3228	535	19	,	,	PUNCT
cjal-3228	535	20	time	time	NOUN
cjal-3228	535	21	limits	limit	NOUN
cjal-3228	535	22	for	for	ADP
cjal-3228	535	23	use	use	NOUN
cjal-3228	535	24	of	of	ADP
cjal-3228	535	25	the	the	DET
cjal-3228	535	26	account	account	NOUN
cjal-3228	535	27	,	,	PUNCT
cjal-3228	535	28	and	and	CCONJ
cjal-3228	535	29	maximum	maximum	ADJ
cjal-3228	535	30	deposits	deposit	NOUN
cjal-3228	535	31	.	.	PUNCT
cjal-3228	536	1	i	i	PRON
cjal-3228	536	2	d.	d.	PROPN
cjal-3228	536	3	art	art	PROPN
cjal-3228	536	4	.	.	PUNCT
cjal-3228	537	1	30	30	NUM
cjal-3228	537	2	.	.	PUNCT
cjal-3228	538	1	[	[	X
cjal-3228	538	2	17:2	17:2	NUM
cjal-3228	538	3	china	china	PROPN
cjal-3228	538	4	's	's	PART
cjal-3228	538	5	system	system	NOUN
cjal-3228	538	6	of	of	ADP
cjal-3228	538	7	foreign	foreign	ADJ
cjal-3228	538	8	exchange	exchange	NOUN
cjal-3228	538	9	shared	share	VERB
cjal-3228	538	10	,	,	PUNCT
cjal-3228	538	11	with	with	ADP
cjal-3228	538	12	each	each	DET
cjal-3228	538	13	individual	individual	ADJ
cjal-3228	538	14	account	account	NOUN
cjal-3228	538	15	requiring	require	VERB
cjal-3228	538	16	approval	approval	NOUN
cjal-3228	538	17	by	by	ADP
cjal-3228	538	18	safe.97	safe.97	NOUN
cjal-3228	538	19	by	by	ADP
cjal-3228	538	20	separating	separate	VERB
cjal-3228	538	21	the	the	DET
cjal-3228	538	22	accounts	account	NOUN
cjal-3228	538	23	and	and	CCONJ
cjal-3228	538	24	requiring	require	VERB
cjal-3228	538	25	safe	safe	ADJ
cjal-3228	538	26	approval	approval	NOUN
cjal-3228	538	27	,	,	PUNCT
cjal-3228	538	28	this	this	DET
cjal-3228	538	29	system	system	NOUN
cjal-3228	538	30	helps	helps	AUX
cjal-3228	538	31	mitigate	mitigate	VERB
cjal-3228	538	32	opportunities	opportunity	NOUN
cjal-3228	538	33	to	to	PART
cjal-3228	538	34	improperly	improperly	ADV
cjal-3228	538	35	utilize	utilize	VERB
cjal-3228	538	36	foreign	foreign	ADJ
cjal-3228	538	37	exchange	exchange	NOUN
cjal-3228	538	38	and	and	CCONJ
cjal-3228	538	39	expedites	expedite	VERB
cjal-3228	538	40	account	account	NOUN
cjal-3228	538	41	monitoring	monitoring	NOUN
cjal-3228	538	42	by	by	ADP
cjal-3228	538	43	safe	safe	ADJ
cjal-3228	538	44	,	,	PUNCT
cjal-3228	538	45	but	but	CCONJ
cjal-3228	538	46	it	it	PRON
cjal-3228	538	47	also	also	ADV
cjal-3228	538	48	can	can	AUX
cjal-3228	538	49	be	be	AUX
cjal-3228	538	50	a	a	DET
cjal-3228	538	51	great	great	ADJ
cjal-3228	538	52	burden	burden	NOUN
cjal-3228	538	53	on	on	ADP
cjal-3228	538	54	the	the	DET
cjal-3228	538	55	forex	forex	ADJ
cjal-3228	538	56	earner	earner	NOUN
cjal-3228	538	57	,	,	PUNCT
cjal-3228	538	58	the	the	DET
cjal-3228	538	59	bank	bank	NOUN
cjal-3228	538	60	handling	handle	VERB
cjal-3228	538	61	the	the	DET
cjal-3228	538	62	accounts	account	NOUN
cjal-3228	538	63	,	,	PUNCT
cjal-3228	538	64	and	and	CCONJ
cjal-3228	538	65	the	the	DET
cjal-3228	538	66	administrative	administrative	ADJ
cjal-3228	538	67	bureaucracy	bureaucracy	NOUN
cjal-3228	538	68	supervising	supervise	VERB
cjal-3228	538	69	them	they	PRON
cjal-3228	538	70	.	.	PUNCT
cjal-3228	539	1	as	as	ADP
cjal-3228	539	2	a	a	DET
cjal-3228	539	3	result	result	NOUN
cjal-3228	539	4	of	of	ADP
cjal-3228	539	5	these	these	DET
cjal-3228	539	6	perceived	perceive	VERB
cjal-3228	539	7	drawbacks	drawback	NOUN
cjal-3228	539	8	,	,	PUNCT
cjal-3228	539	9	we	we	PRON
cjal-3228	539	10	have	have	AUX
cjal-3228	539	11	begun	begin	VERB
cjal-3228	539	12	to	to	PART
cjal-3228	539	13	see	see	VERB
cjal-3228	539	14	a	a	DET
cjal-3228	539	15	gradual	gradual	ADJ
cjal-3228	539	16	devolution	devolution	NOUN
cjal-3228	539	17	of	of	ADP
cjal-3228	539	18	supervisory	supervisory	ADJ
cjal-3228	539	19	authority	authority	NOUN
cjal-3228	539	20	to	to	ADP
cjal-3228	539	21	the	the	DET
cjal-3228	539	22	designated	designate	VERB
cjal-3228	539	23	forex	forex	ADJ
cjal-3228	539	24	banks	bank	NOUN
cjal-3228	539	25	as	as	ADP
cjal-3228	539	26	part	part	NOUN
cjal-3228	539	27	of	of	ADP
cjal-3228	539	28	the	the	DET
cjal-3228	539	29	overall	overall	ADJ
cjal-3228	539	30	shift	shift	NOUN
cjal-3228	539	31	towards	towards	ADP
cjal-3228	539	32	an	an	DET
cjal-3228	539	33	indirect	indirect	ADJ
cjal-3228	539	34	,	,	PUNCT
cjal-3228	539	35	registration	registration	NOUN
cjal-3228	539	36	-	-	PUNCT
cjal-3228	539	37	based	base	VERB
cjal-3228	539	38	administrative	administrative	ADJ
cjal-3228	539	39	regime,98	regime,98	NOUN
cjal-3228	539	40	but	but	CCONJ
cjal-3228	539	41	as	as	ADP
cjal-3228	539	42	of	of	ADP
cjal-3228	539	43	yet	yet	ADV
cjal-3228	539	44	there	there	PRON
cjal-3228	539	45	has	have	AUX
cjal-3228	539	46	been	be	AUX
cjal-3228	539	47	little	little	ADJ
cjal-3228	539	48	relaxation	relaxation	NOUN
cjal-3228	539	49	of	of	ADP
cjal-3228	539	50	the	the	DET
cjal-3228	539	51	strict	strict	ADJ
cjal-3228	539	52	separation	separation	NOUN
cjal-3228	539	53	of	of	ADP
cjal-3228	539	54	accounts	account	NOUN
cjal-3228	539	55	.	.	PUNCT
cjal-3228	540	1	given	give	VERB
cjal-3228	540	2	the	the	DET
cjal-3228	540	3	crucial	crucial	ADJ
cjal-3228	540	4	role	role	NOUN
cjal-3228	540	5	inward	inward	ADP
cjal-3228	540	6	foreign	foreign	ADJ
cjal-3228	540	7	direct	direct	ADJ
cjal-3228	540	8	investment	investment	NOUN
cjal-3228	540	9	has	have	AUX
cjal-3228	540	10	played	play	VERB
cjal-3228	540	11	in	in	ADP
cjal-3228	540	12	china	china	PROPN
cjal-3228	540	13	's	's	PART
cjal-3228	540	14	economic	economic	ADJ
cjal-3228	540	15	development	development	NOUN
cjal-3228	540	16	over	over	ADP
cjal-3228	540	17	the	the	DET
cjal-3228	540	18	last	last	ADJ
cjal-3228	540	19	twenty	twenty	NUM
cjal-3228	540	20	-	-	PUNCT
cjal-3228	540	21	five	five	NUM
cjal-3228	540	22	years	year	NOUN
cjal-3228	540	23	,	,	PUNCT
cjal-3228	540	24	it	it	PRON
cjal-3228	540	25	is	be	AUX
cjal-3228	540	26	hardly	hardly	ADV
cjal-3228	540	27	surprising	surprising	ADJ
cjal-3228	540	28	that	that	SCONJ
cjal-3228	540	29	forex	forex	NOUN
cjal-3228	540	30	brought	bring	VERB
cjal-3228	540	31	in	in	ADP
cjal-3228	540	32	by	by	ADP
cjal-3228	540	33	fdi	fdi	NOUN
cjal-3228	540	34	faces	face	VERB
cjal-3228	540	35	fewer	few	ADJ
cjal-3228	540	36	regulatory	regulatory	ADJ
cjal-3228	540	37	hurdles	hurdle	NOUN
cjal-3228	540	38	than	than	ADP
cjal-3228	540	39	other	other	ADJ
cjal-3228	540	40	types	type	NOUN
cjal-3228	540	41	of	of	ADP
cjal-3228	540	42	capital	capital	NOUN
cjal-3228	540	43	account	account	NOUN
cjal-3228	540	44	income	income	NOUN
cjal-3228	540	45	.	.	PUNCT
cjal-3228	541	1	since	since	SCONJ
cjal-3228	541	2	slowing	slow	VERB
cjal-3228	541	3	the	the	DET
cjal-3228	541	4	rate	rate	NOUN
cjal-3228	541	5	of	of	ADP
cjal-3228	541	6	fdi	fdi	ADJ
cjal-3228	541	7	inflow	inflow	NOUN
cjal-3228	541	8	has	have	AUX
cjal-3228	541	9	generally	generally	ADV
cjal-3228	541	10	not	not	PART
cjal-3228	541	11	been	be	AUX
cjal-3228	541	12	a	a	DET
cjal-3228	541	13	policy	policy	NOUN
cjal-3228	541	14	goal	goal	NOUN
cjal-3228	541	15	,	,	PUNCT
cjal-3228	541	16	and	and	CCONJ
cjal-3228	541	17	in	in	ADP
cjal-3228	541	18	order	order	NOUN
cjal-3228	541	19	to	to	PART
cjal-3228	541	20	avoid	avoid	VERB
cjal-3228	541	21	unnecessarily	unnecessarily	ADV
cjal-3228	541	22	burdensome	burdensome	ADJ
cjal-3228	541	23	bureaucratic	bureaucratic	ADJ
cjal-3228	541	24	approvals	approval	NOUN
cjal-3228	541	25	,	,	PUNCT
cjal-3228	541	26	the	the	DET
cjal-3228	541	27	fdi	fdi	ADJ
cjal-3228	541	28	administrative	administrative	ADJ
cjal-3228	541	29	regime	regime	NOUN
cjal-3228	541	30	relies	rely	VERB
cjal-3228	541	31	primarily	primarily	ADV
cjal-3228	541	32	on	on	ADP
cjal-3228	541	33	ex	ex	PRON
cjal-3228	541	34	post	post	NOUN
cjal-3228	541	35	registration	registration	NOUN
cjal-3228	541	36	and	and	CCONJ
cjal-3228	541	37	indirect	indirect	ADJ
cjal-3228	541	38	supervision	supervision	NOUN
cjal-3228	541	39	of	of	ADP
cjal-3228	541	40	bank	bank	NOUN
cjal-3228	541	41	accounts	account	NOUN
cjal-3228	541	42	.	.	PUNCT
cjal-3228	542	1	however	however	ADV
cjal-3228	542	2	,	,	PUNCT
cjal-3228	542	3	while	while	SCONJ
cjal-3228	542	4	fdi	fdi	NOUN
cjal-3228	542	5	is	be	AUX
cjal-3228	542	6	certainly	certainly	ADV
cjal-3228	542	7	treated	treat	VERB
cjal-3228	542	8	relatively	relatively	ADV
cjal-3228	542	9	more	more	ADV
cjal-3228	542	10	leniently	leniently	ADV
cjal-3228	542	11	than	than	SCONJ
cjal-3228	542	12	other	other	ADJ
cjal-3228	542	13	forms	form	NOUN
cjal-3228	542	14	of	of	ADP
cjal-3228	542	15	capital	capital	NOUN
cjal-3228	542	16	account	account	PROPN
cjal-3228	542	17	forex	forex	ADJ
cjal-3228	542	18	income	income	NOUN
cjal-3228	542	19	,	,	PUNCT
cjal-3228	542	20	forex	forex	PROPN
cjal-3228	542	21	brought	bring	VERB
cjal-3228	542	22	in	in	ADP
cjal-3228	542	23	by	by	ADP
cjal-3228	542	24	fdi	fdi	NOUN
cjal-3228	542	25	is	be	AUX
cjal-3228	542	26	still	still	ADV
cjal-3228	542	27	subject	subject	ADJ
cjal-3228	542	28	to	to	ADP
cjal-3228	542	29	an	an	DET
cjal-3228	542	30	impressive	impressive	ADJ
cjal-3228	542	31	array	array	NOUN
cjal-3228	542	32	of	of	ADP
cjal-3228	542	33	regulations	regulation	NOUN
cjal-3228	542	34	.	.	PUNCT
cjal-3228	543	1	principally	principally	ADV
cjal-3228	543	2	,	,	PUNCT
cjal-3228	543	3	these	these	PRON
cjal-3228	543	4	include	include	VERB
cjal-3228	543	5	1	1	NUM
cjal-3228	543	6	)	)	PUNCT
cjal-3228	543	7	requiring	require	VERB
cjal-3228	543	8	that	that	SCONJ
cjal-3228	543	9	the	the	DET
cjal-3228	543	10	foreign	foreign	ADJ
cjal-3228	543	11	investor	investor	NOUN
cjal-3228	543	12	's	's	PART
cjal-3228	543	13	capital	capital	NOUN
cjal-3228	543	14	be	be	AUX
cjal-3228	543	15	deposited	deposit	VERB
cjal-3228	543	16	into	into	ADP
cjal-3228	543	17	a	a	DET
cjal-3228	543	18	specialized	specialized	ADJ
cjal-3228	543	19	forex	forex	ADJ
cjal-3228	543	20	account	account	NOUN
cjal-3228	543	21	,	,	PUNCT
cjal-3228	543	22	"	"	PUNCT
cjal-3228	543	23	2	2	X
cjal-3228	543	24	)	)	PUNCT
cjal-3228	543	25	restricting	restrict	VERB
cjal-3228	543	26	the	the	DET
cjal-3228	543	27	use	use	NOUN
cjal-3228	543	28	of	of	ADP
cjal-3228	543	29	the	the	DET
cjal-3228	543	30	foreign	foreign	ADJ
cjal-3228	543	31	-	-	PUNCT
cjal-3228	543	32	invested	invest	VERB
cjal-3228	543	33	capital	capital	NOUN
cjal-3228	543	34	,	,	PUNCT
cjal-3228	543	35	'	'	PUNCT
cjal-3228	543	36	"	"	PUNCT
cjal-3228	543	37	3	3	X
cjal-3228	543	38	)	)	PUNCT
cjal-3228	543	39	i	i	PROPN
cjal-3228	543	40	d.	d.	PROPN
cjal-3228	543	41	art	art	PROPN
cjal-3228	543	42	.	.	PUNCT
cjal-3228	544	1	28	28	NUM
cjal-3228	545	1	according	accord	VERB
cjal-3228	545	2	to	to	ADP
cjal-3228	545	3	art	art	NOUN
cjal-3228	545	4	.	.	PUNCT
cjal-3228	546	1	28	28	NUM
cjal-3228	546	2	,	,	PUNCT
cjal-3228	546	3	safe	safe	ADJ
cjal-3228	546	4	pre	pre	ADJ
cjal-3228	546	5	-	-	NOUN
cjal-3228	546	6	approval	approval	ADJ
cjal-3228	546	7	is	be	AUX
cjal-3228	546	8	not	not	PART
cjal-3228	546	9	required	require	VERB
cjal-3228	546	10	to	to	PART
cjal-3228	546	11	open	open	VERB
cjal-3228	546	12	an	an	DET
cjal-3228	546	13	account	account	NOUN
cjal-3228	546	14	for	for	ADP
cjal-3228	546	15	buying	buying	NOUN
cjal-3228	546	16	and	and	CCONJ
cjal-3228	546	17	selling	sell	VERB
cjal-3228	546	18	b	b	PROPN
cjal-3228	546	19	shares	share	NOUN
cjal-3228	546	20	shares	share	NOUN
cjal-3228	546	21	on	on	ADP
cjal-3228	546	22	one	one	NUM
cjal-3228	546	23	ofchina	ofchina	NOUN
cjal-3228	546	24	's	's	PART
cjal-3228	546	25	bourses	bourse	NOUN
cjal-3228	546	26	traded	trade	VERB
cjal-3228	546	27	in	in	ADP
cjal-3228	546	28	foreign	foreign	ADJ
cjal-3228	546	29	currency	currency	NOUN
cjal-3228	546	30	.	.	PUNCT
cjal-3228	547	1	this	this	DET
cjal-3228	547	2	exception	exception	NOUN
cjal-3228	547	3	may	may	AUX
cjal-3228	547	4	be	be	AUX
cjal-3228	547	5	due	due	ADJ
cjal-3228	547	6	to	to	ADP
cjal-3228	547	7	the	the	DET
cjal-3228	547	8	fact	fact	NOUN
cjal-3228	547	9	that	that	SCONJ
cjal-3228	547	10	these	these	DET
cjal-3228	547	11	funds	fund	NOUN
cjal-3228	547	12	may	may	AUX
cjal-3228	547	13	not	not	PART
cjal-3228	547	14	be	be	AUX
cjal-3228	547	15	converted	convert	VERB
cjal-3228	547	16	into	into	ADP
cjal-3228	547	17	rmb	rmb	NOUN
cjal-3228	547	18	.	.	PUNCT
cjal-3228	548	1	i	i	PRON
cjal-3228	548	2	d.	d.	PROPN
cjal-3228	548	3	art	art	PROPN
cjal-3228	548	4	.	.	PUNCT
cjal-3228	549	1	35	35	NUM
cjal-3228	549	2	.	.	PUNCT
cjal-3228	550	1	an	an	DET
cjal-3228	550	2	example	example	NOUN
cjal-3228	550	3	of	of	ADP
cjal-3228	550	4	this	this	PRON
cjal-3228	550	5	is	be	AUX
cjal-3228	550	6	the	the	DET
cjal-3228	550	7	recent	recent	ADJ
cjal-3228	550	8	guojia	guojia	NOUN
cjal-3228	550	9	waihui	waihui	PROPN
cjal-3228	550	10	guanli	guanli	PROPN
cjal-3228	550	11	ju	ju	PROPN
cjal-3228	550	12	guanyu	guanyu	PROPN
cjal-3228	550	13	shishi	shishi	PROPN
cjal-3228	550	14	guonei	guonei	PROPN
cjal-3228	550	15	waihui	waihui	PROPN
cjal-3228	550	16	daikuan	daikuan	PROPN
cjal-3228	550	17	waihui	waihui	PROPN
cjal-3228	550	18	guanli	guanli	PROPN
cjal-3228	550	19	fangshi	fangshi	PROPN
cjal-3228	550	20	gaige	gaige	PROPN
cjal-3228	550	21	de	de	PROPN
cjal-3228	550	22	tongzhi	tongzhi	PROPN
cjal-3228	551	1	[	[	X
cjal-3228	551	2	safe	safe	ADJ
cjal-3228	551	3	notice	notice	NOUN
cjal-3228	551	4	concerning	concern	VERB
cjal-3228	551	5	implementation	implementation	NOUN
cjal-3228	551	6	of	of	ADP
cjal-3228	551	7	reform	reform	NOUN
cjal-3228	551	8	of	of	ADP
cjal-3228	551	9	means	mean	NOUN
cjal-3228	551	10	for	for	ADP
cjal-3228	551	11	managing	manage	VERB
cjal-3228	551	12	domestic	domestic	ADJ
cjal-3228	551	13	forex	forex	ADJ
cjal-3228	551	14	loans	loan	NOUN
cjal-3228	551	15	]	]	PUNCT
cjal-3228	551	16	,	,	PUNCT
cjal-3228	551	17	promulgated	promulgate	VERB
cjal-3228	551	18	by	by	ADP
cjal-3228	551	19	safe	safe	ADJ
cjal-3228	551	20	on	on	ADP
cjal-3228	551	21	dec	dec	PROPN
cjal-3228	551	22	.	.	PROPN
cjal-3228	551	23	6	6	NUM
cjal-3228	551	24	,	,	PUNCT
cjal-3228	551	25	2002	2002	NUM
cjal-3228	551	26	and	and	CCONJ
cjal-3228	551	27	effective	effective	ADJ
cjal-3228	551	28	as	as	ADP
cjal-3228	551	29	of	of	ADP
cjal-3228	551	30	jan	jan	PROPN
cjal-3228	551	31	.	.	PROPN
cjal-3228	551	32	1	1	NUM
cjal-3228	551	33	,	,	PUNCT
cjal-3228	551	34	2003	2003	NUM
cjal-3228	551	35	,	,	PUNCT
cjal-3228	551	36	which	which	PRON
cjal-3228	551	37	has	have	AUX
cjal-3228	551	38	shifted	shift	VERB
cjal-3228	551	39	responsibility	responsibility	NOUN
cjal-3228	551	40	for	for	ADP
cjal-3228	551	41	approving	approve	VERB
cjal-3228	551	42	forex	forex	ADJ
cjal-3228	551	43	accounts	account	NOUN
cjal-3228	551	44	for	for	ADP
cjal-3228	551	45	foreign	foreign	ADJ
cjal-3228	551	46	currency	currency	NOUN
cjal-3228	551	47	loans	loan	NOUN
cjal-3228	551	48	issued	issue	VERB
cjal-3228	551	49	by	by	ADP
cjal-3228	551	50	a	a	DET
cjal-3228	551	51	domestic	domestic	ADJ
cjal-3228	551	52	financial	financial	ADJ
cjal-3228	551	53	institution	institution	NOUN
cjal-3228	551	54	onto	onto	ADP
cjal-3228	551	55	the	the	DET
cjal-3228	551	56	loan	loan	NOUN
cjal-3228	551	57	issuer	issuer	NOUN
cjal-3228	551	58	,	,	PUNCT
cjal-3228	551	59	which	which	PRON
cjal-3228	551	60	must	must	AUX
cjal-3228	551	61	submit	submit	VERB
cjal-3228	551	62	monthly	monthly	ADJ
cjal-3228	551	63	reports	report	NOUN
cjal-3228	551	64	on	on	ADP
cjal-3228	551	65	all	all	DET
cjal-3228	551	66	such	such	ADJ
cjal-3228	551	67	accounts	account	NOUN
cjal-3228	551	68	to	to	ADP
cjal-3228	551	69	safe	safe	ADJ
cjal-3228	551	70	.	.	PUNCT
cjal-3228	552	1	forex	forex	ADJ
cjal-3228	552	2	account	account	NOUN
cjal-3228	552	3	provisions	provision	NOUN
cjal-3228	552	4	,	,	PUNCT
cjal-3228	552	5	supra	supra	PROPN
cjal-3228	552	6	note	note	NOUN
cjal-3228	552	7	70	70	NUM
cjal-3228	552	8	,	,	PUNCT
cjal-3228	552	9	art	art	NOUN
cjal-3228	552	10	.	.	PUNCT
cjal-3228	553	1	24	24	NUM
cjal-3228	553	2	.	.	PUNCT
cjal-3228	553	3	remittances	remittance	NOUN
cjal-3228	553	4	out	out	ADP
cjal-3228	553	5	of	of	ADP
cjal-3228	553	6	the	the	DET
cjal-3228	553	7	account	account	NOUN
cjal-3228	553	8	are	be	AUX
cjal-3228	553	9	generally	generally	ADV
cjal-3228	553	10	limited	limit	VERB
cjal-3228	553	11	to	to	ADP
cjal-3228	553	12	current	current	ADJ
cjal-3228	553	13	account	account	NOUN
cjal-3228	553	14	transactions	transaction	NOUN
cjal-3228	553	15	and	and	CCONJ
cjal-3228	553	16	capital	capital	NOUN
cjal-3228	553	17	account	account	NOUN
cjal-3228	553	18	transactions	transaction	NOUN
cjal-3228	553	19	authorized	authorize	VERB
cjal-3228	553	20	by	by	ADP
cjal-3228	553	21	safe	safe	ADJ
cjal-3228	553	22	.	.	PUNCT
cjal-3228	554	1	i	i	PRON
cjal-3228	554	2	d.	d.	PROPN
cjal-3228	554	3	beginning	begin	VERB
cjal-3228	554	4	in	in	ADP
cjal-3228	554	5	june	june	PROPN
cjal-3228	554	6	2002	2002	NUM
cjal-3228	554	7	,	,	PUNCT
cjal-3228	554	8	safe	safe	ADJ
cjal-3228	554	9	delegated	delegate	VERB
cjal-3228	554	10	permission	permission	NOUN
cjal-3228	554	11	to	to	PART
cjal-3228	554	12	approve	approve	VERB
cjal-3228	554	13	and	and	CCONJ
cjal-3228	554	14	monitor	monitor	VERB
cjal-3228	554	15	the	the	DET
cjal-3228	554	16	conversion	conversion	NOUN
cjal-3228	554	17	of	of	ADP
cjal-3228	554	18	foreign	foreign	ADJ
cjal-3228	554	19	currency	currency	NOUN
cjal-3228	554	20	from	from	ADP
cjal-3228	554	21	an	an	DET
cjal-3228	554	22	fie	fie	NOUN
cjal-3228	554	23	's	's	PART
cjal-3228	554	24	foreign	foreign	ADJ
cjal-3228	554	25	investment	investment	NOUN
cjal-3228	554	26	capital	capital	NOUN
cjal-3228	554	27	foreign	foreign	ADJ
cjal-3228	554	28	exchange	exchange	NOUN
cjal-3228	554	29	account	account	VERB
cjal-3228	554	30	to	to	ADP
cjal-3228	554	31	the	the	DET
cjal-3228	554	32	designated	designate	VERB
cjal-3228	554	33	forex	forex	PROPN
cjal-3228	554	34	bank	bank	NOUN
cjal-3228	554	35	handling	handle	VERB
cjal-3228	554	36	the	the	DET
cjal-3228	554	37	transaction	transaction	NOUN
cjal-3228	554	38	.	.	PUNCT
cjal-3228	555	1	guojia	guojia	VERB
cjal-3228	555	2	waihui	waihui	PROPN
cjal-3228	555	3	guanli	guanli	PROPN
cjal-3228	555	4	ju	ju	PROPN
cjal-3228	555	5	guanyu	guanyu	PROPN
cjal-3228	555	6	gaige	gaige	PROPN
cjal-3228	555	7	waishang	waishang	PROPN
cjal-3228	555	8	touzi	touzi	PROPN
cjal-3228	555	9	xiangxia	xiangxia	PROPN
cjal-3228	555	10	zibenjin	zibenjin	PROPN
cjal-3228	555	11	jiehui	jiehui	PROPN
cjal-3228	555	12	guanli	guanli	PROPN
cjal-3228	555	13	fangshi	fangshi	PROPN
cjal-3228	555	14	de	de	PROPN
cjal-3228	555	15	tongzhi	tongzhi	PROPN
cjal-3228	556	1	[	[	X
cjal-3228	556	2	safe	safe	ADJ
cjal-3228	556	3	notice	notice	NOUN
cjal-3228	556	4	concerning	concern	VERB
cjal-3228	556	5	reform	reform	NOUN
cjal-3228	556	6	of	of	ADP
cjal-3228	556	7	methods	method	NOUN
cjal-3228	556	8	for	for	ADP
cjal-3228	556	9	managing	manage	VERB
cjal-3228	556	10	settlement	settlement	NOUN
cjal-3228	556	11	of	of	ADP
cjal-3228	556	12	foreign	foreign	ADJ
cjal-3228	556	13	investment	investment	NOUN
cjal-3228	556	14	capital	capital	NOUN
cjal-3228	556	15	]	]	PUNCT
cjal-3228	556	16	,	,	PUNCT
cjal-3228	556	17	promulgated	promulgate	VERB
cjal-3228	556	18	by	by	ADP
cjal-3228	556	19	safe	safe	ADJ
cjal-3228	556	20	on	on	ADP
cjal-3228	556	21	june	june	PROPN
cjal-3228	556	22	17	17	NUM
cjal-3228	556	23	,	,	PUNCT
cjal-3228	556	24	2002	2002	NUM
cjal-3228	556	25	and	and	CCONJ
cjal-3228	556	26	effective	effective	ADJ
cjal-3228	556	27	as	as	ADP
cjal-3228	556	28	of	of	ADP
cjal-3228	556	29	july	july	PROPN
cjal-3228	556	30	1	1	NUM
cjal-3228	556	31	,	,	PUNCT
cjal-3228	556	32	2002	2002	NUM
cjal-3228	556	33	,	,	PUNCT
cjal-3228	556	34	art	art	NOUN
cjal-3228	556	35	.	.	PUNCT
cjal-3228	557	1	1	1	NUM
cjal-3228	557	2	(	(	PUNCT
cjal-3228	557	3	the	the	DET
cjal-3228	557	4	amount	amount	NOUN
cjal-3228	557	5	convertible	convertible	ADJ
cjal-3228	557	6	without	without	ADP
cjal-3228	557	7	safe	safe	ADJ
cjal-3228	557	8	approval	approval	NOUN
cjal-3228	557	9	is	be	AUX
cjal-3228	557	10	restricted	restrict	VERB
cjal-3228	557	11	by	by	ADP
cjal-3228	557	12	the	the	DET
cjal-3228	557	13	limitations	limitation	NOUN
cjal-3228	557	14	imposed	impose	VERB
cjal-3228	557	15	by	by	ADP
cjal-3228	557	16	safe	safe	ADJ
cjal-3228	557	17	upon	upon	SCONJ
cjal-3228	557	18	initial	initial	ADJ
cjal-3228	557	19	approval	approval	NOUN
cjal-3228	557	20	of	of	ADP
cjal-3228	557	21	the	the	DET
cjal-3228	557	22	account	account	NOUN
cjal-3228	557	23	,	,	PUNCT
cjal-3228	557	24	while	while	SCONJ
cjal-3228	557	25	all	all	DET
cjal-3228	557	26	capital	capital	NOUN
cjal-3228	557	27	account	account	NOUN
cjal-3228	557	28	forex	forex	ADJ
cjal-3228	557	29	income	income	NOUN
cjal-3228	557	30	above	above	ADP
cjal-3228	557	31	this	this	DET
cjal-3228	557	32	amount	amount	NOUN
cjal-3228	557	33	requires	require	VERB
cjal-3228	557	34	safe	safe	ADJ
cjal-3228	557	35	approval	approval	NOUN
cjal-3228	557	36	.	.	PUNCT
cjal-3228	558	1	i	i	PRON
cjal-3228	558	2	d.	d.	PROPN
cjal-3228	558	3	art	art	PROPN
cjal-3228	558	4	.	.	PUNCT
cjal-3228	559	1	2	2	NUM
cjal-3228	559	2	)	)	PUNCT
cjal-3228	559	3	.	.	PUNCT
cjal-3228	560	1	2004	2004	NUM
cjal-3228	560	2	]	]	PUNCT
cjal-3228	560	3	columbia	columbia	PROPN
cjal-3228	560	4	journal	journal	PROPN
cjal-3228	560	5	of	of	ADP
cjal-3228	560	6	asian	asian	PROPN
cjal-3228	560	7	la	la	PROPN
cjal-3228	560	8	w	w	NOUN
cjal-3228	560	9	requiring	require	VERB
cjal-3228	560	10	registration	registration	NOUN
cjal-3228	560	11	of	of	ADP
cjal-3228	560	12	the	the	DET
cjal-3228	560	13	foreign	foreign	ADJ
cjal-3228	560	14	-	-	PUNCT
cjal-3228	560	15	invested	invest	VERB
cjal-3228	560	16	enterprise	enterprise	NOUN
cjal-3228	560	17	at	at	ADP
cjal-3228	560	18	the	the	DET
cjal-3228	560	19	local	local	ADJ
cjal-3228	560	20	safe	safe	ADJ
cjal-3228	560	21	,	,	PUNCT
cjal-3228	560	22	'	'	PUNCT
cjal-3228	560	23	°	°	NOUN
cjal-3228	560	24	'	'	PUNCT
cjal-3228	560	25	and	and	CCONJ
cjal-3228	560	26	4	4	X
cjal-3228	560	27	)	)	PUNCT
cjal-3228	560	28	conducting	conduct	VERB
cjal-3228	560	29	an	an	DET
cjal-3228	560	30	annual	annual	ADJ
cjal-3228	560	31	inspection	inspection	NOUN
cjal-3228	560	32	of	of	ADP
cjal-3228	560	33	the	the	DET
cjal-3228	560	34	fie	fie	NOUN
cjal-3228	560	35	's	's	PART
cjal-3228	560	36	forex	forex	ADJ
cjal-3228	560	37	bank	bank	NOUN
cjal-3228	560	38	accounts	account	NOUN
cjal-3228	560	39	.	.	PUNCT
cjal-3228	560	40	'	'	PUNCT
cjal-3228	561	1	2	2	NUM
cjal-3228	561	2	significantly	significantly	ADV
cjal-3228	561	3	,	,	PUNCT
cjal-3228	561	4	these	these	DET
cjal-3228	561	5	regulations	regulation	NOUN
cjal-3228	561	6	are	be	AUX
cjal-3228	561	7	for	for	ADP
cjal-3228	561	8	the	the	DET
cjal-3228	561	9	most	most	ADJ
cjal-3228	561	10	part	part	NOUN
cjal-3228	561	11	aimed	aim	VERB
cjal-3228	561	12	more	more	ADV
cjal-3228	561	13	at	at	ADP
cjal-3228	561	14	the	the	DET
cjal-3228	561	15	illegal	illegal	ADJ
cjal-3228	561	16	utilization	utilization	NOUN
cjal-3228	561	17	of	of	ADP
cjal-3228	561	18	forex	forex	ADJ
cjal-3228	561	19	funds	fund	NOUN
cjal-3228	561	20	brought	bring	VERB
cjal-3228	561	21	in	in	ADP
cjal-3228	561	22	by	by	ADP
cjal-3228	561	23	fdi	fdi	NOUN
cjal-3228	561	24	than	than	ADP
cjal-3228	561	25	imposing	impose	VERB
cjal-3228	561	26	safeguards	safeguard	NOUN
cjal-3228	561	27	on	on	ADP
cjal-3228	561	28	potentially	potentially	ADV
cjal-3228	561	29	excessive	excessive	ADJ
cjal-3228	561	30	inward	inward	ADJ
cjal-3228	561	31	fdi	fdi	PROPN
cjal-3228	561	32	.	.	PUNCT
cjal-3228	562	1	in	in	ADP
cjal-3228	562	2	comparison	comparison	NOUN
cjal-3228	562	3	to	to	ADP
cjal-3228	562	4	fdi	fdi	PROPN
cjal-3228	562	5	,	,	PUNCT
cjal-3228	562	6	foreign	foreign	ADJ
cjal-3228	562	7	debt	debt	NOUN
cjal-3228	562	8	,	,	PUNCT
cjal-3228	562	9	as	as	SCONJ
cjal-3228	562	10	both	both	DET
cjal-3228	562	11	a	a	DET
cjal-3228	562	12	source	source	NOUN
cjal-3228	562	13	of	of	ADP
cjal-3228	562	14	much	much	ADV
cjal-3228	562	15	-	-	PUNCT
cjal-3228	562	16	needed	need	VERB
cjal-3228	562	17	foreign	foreign	ADJ
cjal-3228	562	18	currency	currency	NOUN
cjal-3228	562	19	and	and	CCONJ
cjal-3228	562	20	a	a	DET
cjal-3228	562	21	potentially	potentially	ADV
cjal-3228	562	22	serious	serious	ADJ
cjal-3228	562	23	drain	drain	NOUN
cjal-3228	562	24	on	on	ADP
cjal-3228	562	25	the	the	DET
cjal-3228	562	26	country	country	NOUN
cjal-3228	562	27	's	's	PART
cjal-3228	562	28	foreign	foreign	ADJ
cjal-3228	562	29	currency	currency	NOUN
cjal-3228	562	30	reserves	reserve	NOUN
cjal-3228	562	31	,	,	PUNCT
cjal-3228	562	32	has	have	AUX
cjal-3228	562	33	generally	generally	ADV
cjal-3228	562	34	been	be	AUX
cjal-3228	562	35	viewed	view	VERB
cjal-3228	562	36	more	more	ADV
cjal-3228	562	37	circumspectly	circumspectly	ADV
cjal-3228	562	38	by	by	ADP
cjal-3228	562	39	china	china	PROPN
cjal-3228	562	40	's	's	PART
cjal-3228	562	41	leadership	leadership	NOUN
cjal-3228	562	42	.	.	PUNCT
cjal-3228	563	1	as	as	ADP
cjal-3228	563	2	a	a	DET
cjal-3228	563	3	result	result	NOUN
cjal-3228	563	4	,	,	PUNCT
cjal-3228	563	5	foreign	foreign	ADJ
cjal-3228	563	6	currency	currency	NOUN
cjal-3228	563	7	borrowing	borrowing	NOUN
cjal-3228	563	8	transactions	transaction	NOUN
cjal-3228	563	9	principally	principally	ADV
cjal-3228	563	10	commercial	commercial	ADJ
cjal-3228	563	11	loans	loan	NOUN
cjal-3228	563	12	,	,	PUNCT
cjal-3228	563	13	bond	bond	NOUN
cjal-3228	563	14	issuance	issuance	NOUN
cjal-3228	563	15	,	,	PUNCT
cjal-3228	563	16	and	and	CCONJ
cjal-3228	563	17	securing	secure	VERB
cjal-3228	563	18	foreign	foreign	ADJ
cjal-3228	563	19	loans	loan	NOUN
cjal-3228	563	20	remain	remain	VERB
cjal-3228	563	21	heavily	heavily	ADV
cjal-3228	563	22	restricted	restrict	VERB
cjal-3228	563	23	.	.	PUNCT
cjal-3228	564	1	however	however	ADV
cjal-3228	564	2	,	,	PUNCT
cjal-3228	564	3	the	the	DET
cjal-3228	564	4	degree	degree	NOUN
cjal-3228	564	5	to	to	PART
cjal-3228	564	6	which	which	PRON
cjal-3228	564	7	foreign	foreign	ADJ
cjal-3228	564	8	borrowing	borrowing	NOUN
cjal-3228	564	9	is	be	AUX
cjal-3228	564	10	restricted	restrict	VERB
cjal-3228	564	11	varies	vary	VERB
cjal-3228	564	12	significantly	significantly	ADV
cjal-3228	564	13	depending	depend	VERB
cjal-3228	564	14	on	on	ADP
cjal-3228	564	15	the	the	DET
cjal-3228	564	16	period	period	NOUN
cjal-3228	564	17	of	of	ADP
cjal-3228	564	18	repayment	repayment	NOUN
cjal-3228	564	19	and	and	CCONJ
cjal-3228	564	20	the	the	DET
cjal-3228	564	21	borrowing	borrowing	NOUN
cjal-3228	564	22	entity	entity	NOUN
cjal-3228	564	23	.	.	PUNCT
cjal-3228	565	1	all	all	DET
cjal-3228	565	2	mediumand	mediumand	NOUN
cjal-3228	565	3	long	long	ADJ
cjal-3228	565	4	-	-	PUNCT
cjal-3228	565	5	term	term	NOUN
cjal-3228	565	6	foreign	foreign	ADJ
cjal-3228	565	7	commercial	commercial	ADJ
cjal-3228	565	8	loans	loan	NOUN
cjal-3228	565	9	(	(	PUNCT
cjal-3228	565	10	zhongchangqi	zhongchangqi	PROPN
cjal-3228	565	11	shangye	shangye	PROPN
cjal-3228	565	12	daikuan	daikuan	PROPN
cjal-3228	565	13	)	)	PUNCT
cjal-3228	565	14	loans	loan	NOUN
cjal-3228	565	15	maturing	mature	VERB
cjal-3228	565	16	in	in	ADP
cjal-3228	565	17	more	more	ADJ
cjal-3228	565	18	than	than	ADP
cjal-3228	565	19	one	one	NUM
cjal-3228	565	20	year	year	NOUN
cjal-3228	565	21	by	by	ADP
cjal-3228	565	22	chinese	chinese	ADJ
cjal-3228	565	23	enterprises	enterprise	NOUN
cjal-3228	565	24	must	must	AUX
cjal-3228	565	25	be	be	AUX
cjal-3228	565	26	incorporated	incorporate	VERB
cjal-3228	565	27	in	in	ADP
cjal-3228	565	28	the	the	DET
cjal-3228	565	29	state	state	NOUN
cjal-3228	565	30	development	development	PROPN
cjal-3228	565	31	and	and	CCONJ
cjal-3228	565	32	reform	reform	PROPN
cjal-3228	565	33	commission	commission	NOUN
cjal-3228	565	34	's	's	PART
cjal-3228	565	35	(	(	PUNCT
cjal-3228	565	36	formerly	formerly	ADV
cjal-3228	565	37	the	the	DET
cjal-3228	565	38	state	state	NOUN
cjal-3228	565	39	development	development	NOUN
cjal-3228	565	40	and	and	CCONJ
cjal-3228	565	41	planning	planning	PROPN
cjal-3228	565	42	commission	commission	PROPN
cjal-3228	565	43	)	)	PUNCT
cjal-3228	565	44	plan	plan	NOUN
cjal-3228	565	45	for	for	ADP
cjal-3228	565	46	the	the	DET
cjal-3228	565	47	utilization	utilization	NOUN
cjal-3228	565	48	of	of	ADP
cjal-3228	565	49	foreign	foreign	ADJ
cjal-3228	565	50	capital	capital	NOUN
cjal-3228	565	51	.	.	PUNCT
cjal-3228	565	52	'	'	PUNCT
cjal-3228	566	1	3	3	NUM
cjal-3228	566	2	in	in	ADP
cjal-3228	566	3	contrast	contrast	NOUN
cjal-3228	566	4	,	,	PUNCT
cjal-3228	566	5	chinese	chinese	ADJ
cjal-3228	566	6	enterprises	enterprise	NOUN
cjal-3228	566	7	may	may	AUX
cjal-3228	566	8	borrow	borrow	VERB
cjal-3228	566	9	short	short	ADJ
cjal-3228	566	10	-	-	PUNCT
cjal-3228	566	11	term	term	NOUN
cjal-3228	566	12	commercial	commercial	ADJ
cjal-3228	566	13	loans	loan	NOUN
cjal-3228	566	14	(	(	PUNCT
cjal-3228	566	15	duanqi	duanqi	NOUN
cjal-3228	566	16	shangye	shangye	PROPN
cjal-3228	566	17	daikuan	daikuan	PROPN
cjal-3228	566	18	)	)	PUNCT
cjal-3228	566	19	loans	loan	NOUN
cjal-3228	566	20	of	of	ADP
cjal-3228	566	21	one	one	NUM
cjal-3228	566	22	year	year	NOUN
cjal-3228	566	23	or	or	CCONJ
cjal-3228	566	24	less	less	ADV
cjal-3228	566	25	freely	freely	ADV
cjal-3228	566	26	up	up	ADP
cjal-3228	566	27	to	to	ADP
cjal-3228	566	28	a	a	DET
cjal-3228	566	29	maximum	maximum	ADJ
cjal-3228	566	30	loan	loan	NOUN
cjal-3228	566	31	balance	balance	NOUN
cjal-3228	566	32	,	,	PUNCT
cjal-3228	566	33	as	as	SCONJ
cjal-3228	566	34	designated	designate	VERB
cjal-3228	566	35	by	by	ADP
cjal-3228	566	36	safe	safe	ADJ
cjal-3228	566	37	for	for	ADP
cjal-3228	566	38	that	that	DET
cjal-3228	566	39	enterprise	enterprise	NOUN
cjal-3228	566	40	.	.	PUNCT
cjal-3228	566	41	'	'	PUNCT
cjal-3228	567	1	"	"	PUNCT
cjal-3228	567	2	the	the	DET
cjal-3228	567	3	foreign	foreign	ADJ
cjal-3228	567	4	debt	debt	NOUN
cjal-3228	567	5	regulations	regulation	NOUN
cjal-3228	567	6	are	be	AUX
cjal-3228	567	7	less	less	ADV
cjal-3228	567	8	restrictive	restrictive	ADJ
cjal-3228	567	9	of	of	ADP
cjal-3228	567	10	borrowing	borrowing	NOUN
cjal-3228	567	11	by	by	ADP
cjal-3228	567	12	fies	fie	NOUN
cjal-3228	567	13	,	,	PUNCT
cjal-3228	567	14	which	which	PRON
cjal-3228	567	15	are	be	AUX
cjal-3228	567	16	generally	generally	ADV
cjal-3228	567	17	free	free	ADJ
cjal-3228	567	18	to	to	PART
cjal-3228	567	19	borrow	borrow	VERB
cjal-3228	567	20	and	and	CCONJ
cjal-3228	567	21	repay	repay	VERB
cjal-3228	567	22	foreign	foreign	ADJ
cjal-3228	567	23	loans	loan	NOUN
cjal-3228	567	24	at	at	ADP
cjal-3228	567	25	will.0	will.0	ADV
cjal-3228	567	26	5	5	NUM
cjal-3228	567	27	however	however	ADV
cjal-3228	567	28	,	,	PUNCT
cjal-3228	567	29	certain	certain	ADJ
cjal-3228	567	30	limits	limit	NOUN
cjal-3228	567	31	remain	remain	VERB
cjal-3228	567	32	on	on	ADP
cjal-3228	567	33	the	the	DET
cjal-3228	567	34	total	total	ADJ
cjal-3228	567	35	debt	debt	NOUN
cjal-3228	567	36	burden	burden	NOUN
cjal-3228	567	37	that	that	PRON
cjal-3228	567	38	an	an	DET
cjal-3228	567	39	fie	fie	NOUN
cjal-3228	567	40	may	may	AUX
cjal-3228	567	41	incur	incur	VERB
cjal-3228	567	42	relative	relative	ADV
cjal-3228	567	43	to	to	ADP
cjal-3228	567	44	its	its	PRON
cjal-3228	567	45	registered	registered	ADJ
cjal-3228	567	46	capital	capital	NOUN
cjal-3228	567	47	.	.	PUNCT
cjal-3228	567	48	'	'	PUNCT
cjal-3228	567	49	"	"	PUNCT
cjal-3228	567	50	in	in	ADP
cjal-3228	567	51	addition	addition	NOUN
cjal-3228	567	52	,	,	PUNCT
cjal-3228	567	53	fies	fie	NOUN
cjal-3228	567	54	,	,	PUNCT
cjal-3228	567	55	like	like	ADP
cjal-3228	567	56	all	all	DET
cjal-3228	567	57	domestic	domestic	ADJ
cjal-3228	567	58	101	101	NUM
cjal-3228	567	59	upon	upon	SCONJ
cjal-3228	567	60	receiving	receive	VERB
cjal-3228	567	61	a	a	DET
cjal-3228	567	62	business	business	NOUN
cjal-3228	567	63	license	license	NOUN
cjal-3228	567	64	from	from	ADP
cjal-3228	567	65	the	the	DET
cjal-3228	567	66	ministry	ministry	PROPN
cjal-3228	567	67	of	of	ADP
cjal-3228	567	68	commerce	commerce	PROPN
cjal-3228	567	69	(	(	PUNCT
cjal-3228	567	70	formerly	formerly	ADV
cjal-3228	567	71	moftec	moftec	ADJ
cjal-3228	567	72	)	)	PUNCT
cjal-3228	567	73	,	,	PUNCT
cjal-3228	567	74	the	the	DET
cjal-3228	567	75	enterprise	enterprise	NOUN
cjal-3228	567	76	must	must	AUX
cjal-3228	567	77	be	be	AUX
cjal-3228	567	78	registered	register	VERB
cjal-3228	567	79	with	with	ADP
cjal-3228	567	80	the	the	DET
cjal-3228	567	81	local	local	ADJ
cjal-3228	567	82	safe	safe	ADJ
cjal-3228	567	83	branch	branch	NOUN
cjal-3228	567	84	,	,	PUNCT
cjal-3228	567	85	after	after	ADP
cjal-3228	567	86	which	which	PRON
cjal-3228	567	87	the	the	DET
cjal-3228	567	88	new	new	ADJ
cjal-3228	567	89	enterprise	enterprise	NOUN
cjal-3228	567	90	may	may	AUX
cjal-3228	567	91	open	open	VERB
cjal-3228	567	92	a	a	DET
cjal-3228	567	93	capital	capital	NOUN
cjal-3228	567	94	account	account	NOUN
cjal-3228	567	95	foreign	foreign	ADJ
cjal-3228	567	96	exchange	exchange	NOUN
cjal-3228	567	97	account	account	VERB
cjal-3228	567	98	at	at	ADP
cjal-3228	567	99	a	a	DET
cjal-3228	567	100	designated	designate	VERB
cjal-3228	567	101	foreign	foreign	ADJ
cjal-3228	567	102	exchange	exchange	NOUN
cjal-3228	567	103	bank	bank	NOUN
cjal-3228	567	104	.	.	PUNCT
cjal-3228	568	1	waishang	waishang	PROPN
cjal-3228	568	2	touzi	touzi	PROPN
cjal-3228	568	3	qiye	qiye	PROPN
cjal-3228	568	4	waihui	waihui	PROPN
cjal-3228	568	5	dengji	dengji	PROPN
cjal-3228	568	6	guanli	guanli	PROPN
cjal-3228	568	7	zanxing	zanxing	PROPN
cjal-3228	568	8	banfa	banfa	NOUN
cjal-3228	568	9	[	[	X
cjal-3228	568	10	provisional	provisional	ADJ
cjal-3228	568	11	measures	measure	NOUN
cjal-3228	568	12	on	on	ADP
cjal-3228	568	13	management	management	NOUN
cjal-3228	568	14	of	of	ADP
cjal-3228	568	15	foreign	foreign	ADJ
cjal-3228	568	16	exchange	exchange	NOUN
cjal-3228	568	17	registration	registration	NOUN
cjal-3228	568	18	for	for	ADP
cjal-3228	568	19	foreign	foreign	ADJ
cjal-3228	568	20	-	-	PUNCT
cjal-3228	568	21	invested	invest	VERB
cjal-3228	568	22	enterprises	enterprise	NOUN
cjal-3228	568	23	]	]	PUNCT
cjal-3228	568	24	,	,	PUNCT
cjal-3228	568	25	promulgated	promulgate	VERB
cjal-3228	568	26	by	by	ADP
cjal-3228	568	27	safe	safe	ADJ
cjal-3228	568	28	on	on	ADP
cjal-3228	568	29	june	june	PROPN
cjal-3228	568	30	28	28	NUM
cjal-3228	568	31	,	,	PUNCT
cjal-3228	568	32	1996	1996	NUM
cjal-3228	568	33	and	and	CCONJ
cjal-3228	568	34	effective	effective	ADJ
cjal-3228	568	35	as	as	ADP
cjal-3228	568	36	of	of	ADP
cjal-3228	568	37	july	july	PROPN
cjal-3228	568	38	1	1	NUM
cjal-3228	568	39	,	,	PUNCT
cjal-3228	568	40	1996	1996	NUM
cjal-3228	568	41	,	,	PUNCT
cjal-3228	568	42	arts	art	NOUN
cjal-3228	568	43	.	.	PUNCT
cjal-3228	569	1	4,6	4,6	X
cjal-3228	569	2	.	.	X
cjal-3228	569	3	102	102	NUM
cjal-3228	569	4	see	see	VERB
cjal-3228	569	5	guojia	guojia	NOUN
cjal-3228	569	6	wahihui	wahihui	NOUN
cjal-3228	569	7	guanli	guanli	PROPN
cjal-3228	569	8	ju	ju	PROPN
cjal-3228	569	9	guanyu	guanyu	PROPN
cjal-3228	569	10	wanshan	wanshan	PROPN
cjal-3228	569	11	waishang	waishang	PROPN
cjal-3228	569	12	zhijie	zhijie	PROPN
cjal-3228	569	13	touzi	touzi	PROPN
cjal-3228	569	14	waihui	waihui	PROPN
cjal-3228	569	15	guanli	guanli	PROPN
cjal-3228	569	16	gongzuo	gongzuo	PROPN
cjal-3228	569	17	youguan	youguan	PROPN
cjal-3228	569	18	wenti	wenti	PROPN
cjal-3228	569	19	de	de	PROPN
cjal-3228	569	20	tongzhi	tongzhi	PROPN
cjal-3228	570	1	[	[	X
cjal-3228	570	2	safe	safe	ADJ
cjal-3228	570	3	notice	notice	NOUN
cjal-3228	570	4	concerning	concern	VERB
cjal-3228	570	5	questions	question	NOUN
cjal-3228	570	6	regarding	regard	VERB
cjal-3228	570	7	improving	improve	VERB
cjal-3228	570	8	the	the	DET
cjal-3228	570	9	management	management	NOUN
cjal-3228	570	10	of	of	ADP
cjal-3228	570	11	foreign	foreign	ADJ
cjal-3228	570	12	exchange	exchange	NOUN
cjal-3228	570	13	from	from	ADP
cjal-3228	570	14	foreign	foreign	ADJ
cjal-3228	570	15	direct	direct	ADJ
cjal-3228	570	16	investment	investment	NOUN
cjal-3228	570	17	]	]	PUNCT
cjal-3228	570	18	,	,	PUNCT
cjal-3228	570	19	promulgated	promulgate	VERB
cjal-3228	570	20	by	by	ADP
cjal-3228	570	21	safe	safe	ADJ
cjal-3228	570	22	on	on	ADP
cjal-3228	570	23	mar	mar	PROPN
cjal-3228	570	24	.	.	PROPN
cjal-3228	570	25	3	3	NUM
cjal-3228	570	26	,	,	PUNCT
cjal-3228	570	27	2003	2003	NUM
cjal-3228	570	28	and	and	CCONJ
cjal-3228	570	29	effective	effective	ADJ
cjal-3228	570	30	as	as	ADP
cjal-3228	570	31	of	of	ADP
cjal-3228	570	32	apr	apr	NOUN
cjal-3228	570	33	.	.	PROPN
cjal-3228	570	34	1	1	NUM
cjal-3228	570	35	,	,	PUNCT
cjal-3228	570	36	2003	2003	NUM
cjal-3228	570	37	.	.	PUNCT
cjal-3228	571	1	103	103	NUM
cjal-3228	571	2	waizhai	waizhai	ADJ
cjal-3228	571	3	guanli	guanli	ADJ
cjal-3228	571	4	zanxing	zanxing	NOUN
cjal-3228	571	5	banfa	banfa	NOUN
cjal-3228	571	6	[	[	X
cjal-3228	571	7	provisional	provisional	ADJ
cjal-3228	571	8	measures	measure	NOUN
cjal-3228	571	9	on	on	ADP
cjal-3228	571	10	management	management	NOUN
cjal-3228	571	11	of	of	ADP
cjal-3228	571	12	foreign	foreign	ADJ
cjal-3228	571	13	debt	debt	NOUN
cjal-3228	571	14	]	]	PUNCT
cjal-3228	571	15	(	(	PUNCT
cjal-3228	571	16	foreign	foreign	ADJ
cjal-3228	571	17	debt	debt	NOUN
cjal-3228	571	18	measures	measure	NOUN
cjal-3228	571	19	)	)	PUNCT
cjal-3228	571	20	,	,	PUNCT
cjal-3228	571	21	promulgated	promulgate	VERB
cjal-3228	571	22	by	by	ADP
cjal-3228	571	23	the	the	DET
cjal-3228	571	24	state	state	NOUN
cjal-3228	571	25	development	development	NOUN
cjal-3228	571	26	and	and	CCONJ
cjal-3228	571	27	planning	planning	NOUN
cjal-3228	571	28	commission	commission	PROPN
cjal-3228	571	29	,	,	PUNCT
cjal-3228	571	30	the	the	DET
cjal-3228	571	31	ministry	ministry	PROPN
cjal-3228	571	32	of	of	ADP
cjal-3228	571	33	finance	finance	NOUN
cjal-3228	571	34	,	,	PUNCT
cjal-3228	571	35	and	and	CCONJ
cjal-3228	571	36	safe	safe	ADJ
cjal-3228	571	37	on	on	ADP
cjal-3228	571	38	jan	jan	PROPN
cjal-3228	571	39	.	.	PROPN
cjal-3228	571	40	8	8	NUM
cjal-3228	571	41	,	,	PUNCT
cjal-3228	571	42	2003	2003	NUM
cjal-3228	571	43	and	and	CCONJ
cjal-3228	571	44	effective	effective	ADJ
cjal-3228	571	45	as	as	ADP
cjal-3228	571	46	of	of	ADP
cjal-3228	571	47	mar	mar	PROPN
cjal-3228	571	48	.	.	PROPN
cjal-3228	571	49	1	1	NUM
cjal-3228	571	50	,	,	PUNCT
cjal-3228	571	51	2003	2003	NUM
cjal-3228	571	52	,	,	PUNCT
cjal-3228	571	53	art	art	NOUN
cjal-3228	571	54	.	.	PUNCT
cjal-3228	572	1	15	15	NUM
cjal-3228	572	2	.	.	X
cjal-3228	573	1	104	104	NUM
cjal-3228	574	1	i	i	PRON
cjal-3228	574	2	d.	d.	PROPN
cjal-3228	574	3	art	art	PROPN
cjal-3228	574	4	.	.	PUNCT
cjal-3228	575	1	16	16	NUM
cjal-3228	575	2	.	.	X
cjal-3228	576	1	105	105	NUM
cjal-3228	576	2	see	see	VERB
cjal-3228	576	3	the	the	DET
cjal-3228	576	4	evolution	evolution	NOUN
cjal-3228	576	5	of	of	ADP
cjal-3228	576	6	china	china	PROPN
cjal-3228	576	7	's	's	PART
cjal-3228	576	8	foreign	foreign	ADJ
cjal-3228	576	9	exchange	exchange	NOUN
cjal-3228	576	10	management	management	NOUN
cjal-3228	576	11	system	system	NOUN
cjal-3228	576	12	,	,	PUNCT
cjal-3228	576	13	supra	supra	PROPN
cjal-3228	576	14	note	note	NOUN
cjal-3228	576	15	17	17	NUM
cjal-3228	576	16	.	.	NOUN
cjal-3228	576	17	106	106	NUM
cjal-3228	576	18	previously	previously	ADV
cjal-3228	576	19	,	,	PUNCT
cjal-3228	576	20	any	any	DET
cjal-3228	576	21	fie	fie	NOUN
cjal-3228	576	22	's	's	PART
cjal-3228	576	23	mediumand	mediumand	NOUN
cjal-3228	576	24	long	long	ADJ
cjal-3228	576	25	-	-	PUNCT
cjal-3228	576	26	term	term	NOUN
cjal-3228	576	27	debt	debt	NOUN
cjal-3228	576	28	balance	balance	NOUN
cjal-3228	576	29	was	be	AUX
cjal-3228	576	30	not	not	PART
cjal-3228	576	31	permitted	permit	VERB
cjal-3228	576	32	to	to	PART
cjal-3228	576	33	exceed	exceed	VERB
cjal-3228	576	34	the	the	DET
cjal-3228	576	35	difference	difference	NOUN
cjal-3228	576	36	between	between	ADP
cjal-3228	576	37	total	total	ADJ
cjal-3228	576	38	investment	investment	NOUN
cjal-3228	576	39	and	and	CCONJ
cjal-3228	576	40	registered	register	VERB
cjal-3228	576	41	capital	capital	NOUN
cjal-3228	576	42	.	.	PUNCT
cjal-3228	577	1	however	however	ADV
cjal-3228	577	2	,	,	PUNCT
cjal-3228	577	3	the	the	DET
cjal-3228	577	4	2003	2003	NUM
cjal-3228	577	5	foreign	foreign	ADJ
cjal-3228	577	6	debt	debt	NOUN
cjal-3228	577	7	measures	measure	NOUN
cjal-3228	577	8	have	have	AUX
cjal-3228	577	9	changed	change	VERB
cjal-3228	577	10	the	the	DET
cjal-3228	577	11	rules	rule	NOUN
cjal-3228	577	12	so	so	SCONJ
cjal-3228	577	13	that	that	SCONJ
cjal-3228	577	14	the	the	DET
cjal-3228	577	15	sum	sum	NOUN
cjal-3228	577	16	of	of	ADP
cjal-3228	577	17	an	an	DET
cjal-3228	577	18	fie	fie	NOUN
cjal-3228	577	19	's	's	PART
cjal-3228	577	20	total	total	ADJ
cjal-3228	577	21	mediumand	mediumand	NOUN
cjal-3228	577	22	long	long	ADJ
cjal-3228	577	23	-	-	PUNCT
cjal-3228	577	24	term	term	NOUN
cjal-3228	577	25	borrowing	borrowing	NOUN
cjal-3228	577	26	plus	plus	CCONJ
cjal-3228	577	27	its	its	PRON
cjal-3228	577	28	short	short	ADJ
cjal-3228	577	29	-	-	PUNCT
cjal-3228	577	30	term	term	NOUN
cjal-3228	577	31	debt	debt	NOUN
cjal-3228	577	32	balance	balance	NOUN
cjal-3228	577	33	may	may	AUX
cjal-3228	577	34	not	not	PART
cjal-3228	577	35	exceed	exceed	VERB
cjal-3228	577	36	the	the	DET
cjal-3228	577	37	difference	difference	NOUN
cjal-3228	577	38	between	between	ADP
cjal-3228	577	39	total	total	ADJ
cjal-3228	577	40	investment	investment	NOUN
cjal-3228	577	41	and	and	CCONJ
cjal-3228	577	42	[	[	X
cjal-3228	577	43	17:2	17:2	NUM
cjal-3228	577	44	china	china	PROPN
cjal-3228	577	45	's	's	PART
cjal-3228	577	46	system	system	NOUN
cjal-3228	577	47	of	of	ADP
cjal-3228	577	48	foreign	foreign	ADJ
cjal-3228	577	49	exchange	exchange	NOUN
cjal-3228	577	50	institutions	institution	NOUN
cjal-3228	577	51	,	,	PUNCT
cjal-3228	577	52	must	must	AUX
cjal-3228	577	53	register	register	VERB
cjal-3228	577	54	all	all	DET
cjal-3228	577	55	foreign	foreign	ADJ
cjal-3228	577	56	debt	debt	NOUN
cjal-3228	577	57	with	with	ADP
cjal-3228	577	58	safe	safe	ADJ
cjal-3228	577	59	.	.	PUNCT
cjal-3228	577	60	0	0	NUM
cjal-3228	577	61	7	7	NUM
cjal-3228	577	62	the	the	DET
cjal-3228	577	63	issuance	issuance	NOUN
cjal-3228	577	64	of	of	ADP
cjal-3228	577	65	foreign	foreign	ADJ
cjal-3228	577	66	currency	currency	NOUN
cjal-3228	577	67	bonds	bond	NOUN
cjal-3228	577	68	is	be	AUX
cjal-3228	577	69	subject	subject	ADJ
cjal-3228	577	70	to	to	ADP
cjal-3228	577	71	similar	similar	ADJ
cjal-3228	577	72	regulation	regulation	NOUN
cjal-3228	577	73	as	as	ADP
cjal-3228	577	74	foreign	foreign	ADJ
cjal-3228	577	75	commercial	commercial	ADJ
cjal-3228	577	76	loans	loan	NOUN
cjal-3228	577	77	,	,	PUNCT
cjal-3228	577	78	with	with	ADP
cjal-3228	577	79	short	short	ADJ
cjal-3228	577	80	-	-	PUNCT
cjal-3228	577	81	term	term	NOUN
cjal-3228	577	82	bonds	bond	NOUN
cjal-3228	577	83	and	and	CCONJ
cjal-3228	577	84	those	those	PRON
cjal-3228	577	85	issued	issue	VERB
cjal-3228	577	86	by	by	ADP
cjal-3228	577	87	fies	fie	NOUN
cjal-3228	577	88	confronting	confront	VERB
cjal-3228	577	89	relatively	relatively	ADV
cjal-3228	577	90	less	less	ADV
cjal-3228	577	91	severe	severe	ADJ
cjal-3228	577	92	restraints	restraint	NOUN
cjal-3228	577	93	.	.	PUNCT
cjal-3228	577	94	'	'	PUNCT
cjal-3228	578	1	chinese	chinese	ADJ
cjal-3228	578	2	foreign	foreign	ADJ
cjal-3228	578	3	debt	debt	NOUN
cjal-3228	578	4	regulations	regulation	NOUN
cjal-3228	578	5	also	also	ADV
cjal-3228	578	6	cover	cover	VERB
cjal-3228	578	7	loan	loan	NOUN
cjal-3228	578	8	securities	security	NOUN
cjal-3228	578	9	by	by	ADP
cjal-3228	578	10	domestic	domestic	ADJ
cjal-3228	578	11	institutions	institution	NOUN
cjal-3228	578	12	to	to	ADP
cjal-3228	578	13	foreign	foreign	ADJ
cjal-3228	578	14	lenders	lender	NOUN
cjal-3228	578	15	,	,	PUNCT
cjal-3228	578	16	requiring	require	VERB
cjal-3228	578	17	that	that	SCONJ
cjal-3228	578	18	all	all	DET
cjal-3228	578	19	chinese	chinese	ADJ
cjal-3228	578	20	financial	financial	ADJ
cjal-3228	578	21	institutions	institution	NOUN
cjal-3228	578	22	,	,	PUNCT
cjal-3228	578	23	chinese	chinese	ADJ
cjal-3228	578	24	companies	company	NOUN
cjal-3228	578	25	,	,	PUNCT
cjal-3228	578	26	and	and	CCONJ
cjal-3228	578	27	fies	fie	NOUN
cjal-3228	578	28	excluding	exclude	VERB
cjal-3228	578	29	wholly	wholly	ADV
cjal-3228	578	30	foreign	foreign	ADJ
cjal-3228	578	31	-	-	PUNCT
cjal-3228	578	32	owned	own	VERB
cjal-3228	578	33	enterprises	enterprise	NOUN
cjal-3228	578	34	gain	gain	VERB
cjal-3228	578	35	safe	safe	ADJ
cjal-3228	578	36	approval	approval	NOUN
cjal-3228	578	37	for	for	ADP
cjal-3228	578	38	and	and	CCONJ
cjal-3228	578	39	register	register	VERB
cjal-3228	578	40	all	all	DET
cjal-3228	578	41	securities	security	NOUN
cjal-3228	578	42	on	on	ADP
cjal-3228	578	43	foreign	foreign	ADJ
cjal-3228	578	44	loans	loan	NOUN
cjal-3228	578	45	.	.	PUNCT
cjal-3228	578	46	"	"	PUNCT
cjal-3228	579	1	investment	investment	NOUN
cjal-3228	579	2	in	in	ADP
cjal-3228	579	3	chinese	chinese	ADJ
cjal-3228	579	4	securities	security	NOUN
cjal-3228	579	5	has	have	AUX
cjal-3228	579	6	traditionally	traditionally	ADV
cjal-3228	579	7	been	be	AUX
cjal-3228	579	8	one	one	NUM
cjal-3228	579	9	of	of	ADP
cjal-3228	579	10	the	the	DET
cjal-3228	579	11	most	most	ADV
cjal-3228	579	12	restricted	restricted	ADJ
cjal-3228	579	13	of	of	ADP
cjal-3228	579	14	all	all	DET
cjal-3228	579	15	capital	capital	NOUN
cjal-3228	579	16	account	account	NOUN
cjal-3228	579	17	items	item	NOUN
cjal-3228	579	18	.	.	PUNCT
cjal-3228	580	1	in	in	ADP
cjal-3228	580	2	order	order	NOUN
cjal-3228	580	3	to	to	PART
cjal-3228	580	4	obviate	obviate	VERB
cjal-3228	580	5	the	the	DET
cjal-3228	580	6	risks	risk	NOUN
cjal-3228	580	7	associated	associate	VERB
cjal-3228	580	8	with	with	ADP
cjal-3228	580	9	speculative	speculative	ADJ
cjal-3228	580	10	short	short	ADJ
cjal-3228	580	11	-	-	PUNCT
cjal-3228	580	12	term	term	NOUN
cjal-3228	580	13	investment	investment	NOUN
cjal-3228	580	14	flows	flow	VERB
cjal-3228	580	15	,	,	PUNCT
cjal-3228	580	16	china	china	PROPN
cjal-3228	580	17	until	until	SCONJ
cjal-3228	580	18	recently	recently	ADV
cjal-3228	580	19	did	do	AUX
cjal-3228	580	20	not	not	PART
cjal-3228	580	21	allow	allow	VERB
cjal-3228	580	22	foreigners	foreigner	NOUN
cjal-3228	580	23	to	to	PART
cjal-3228	580	24	invest	invest	VERB
cjal-3228	580	25	in	in	ADP
cjal-3228	580	26	rmb	rmb	NOUN
cjal-3228	580	27	-	-	PUNCT
cjal-3228	580	28	denominated	denominate	VERB
cjal-3228	580	29	chinese	chinese	ADJ
cjal-3228	580	30	equities	equity	NOUN
cjal-3228	580	31	(	(	PUNCT
cjal-3228	580	32	so	so	ADV
cjal-3228	580	33	-	-	PUNCT
cjal-3228	580	34	called	call	VERB
cjal-3228	580	35	a	a	DET
cjal-3228	580	36	shares	share	NOUN
cjal-3228	580	37	)	)	PUNCT
cjal-3228	580	38	.	.	PUNCT
cjal-3228	581	1	instead	instead	ADV
cjal-3228	581	2	,	,	PUNCT
cjal-3228	581	3	china	china	PROPN
cjal-3228	581	4	created	create	VERB
cjal-3228	581	5	a	a	DET
cjal-3228	581	6	market	market	NOUN
cjal-3228	581	7	for	for	ADP
cjal-3228	581	8	shares	share	NOUN
cjal-3228	581	9	traded	trade	VERB
cjal-3228	581	10	in	in	ADP
cjal-3228	581	11	foreign	foreign	ADJ
cjal-3228	581	12	currency	currency	NOUN
cjal-3228	581	13	(	(	PUNCT
cjal-3228	581	14	so	so	ADV
cjal-3228	581	15	-	-	PUNCT
cjal-3228	581	16	called	call	VERB
cjal-3228	581	17	b	b	NOUN
cjal-3228	581	18	shares	share	NOUN
cjal-3228	581	19	)	)	PUNCT
cjal-3228	581	20	specifically	specifically	ADV
cjal-3228	581	21	for	for	ADP
cjal-3228	581	22	foreign	foreign	ADJ
cjal-3228	581	23	investors	investor	NOUN
cjal-3228	581	24	.	.	PUNCT
cjal-3228	582	1	however	however	ADV
cjal-3228	582	2	,	,	PUNCT
cjal-3228	582	3	this	this	DET
cjal-3228	582	4	bifurcated	bifurcated	ADJ
cjal-3228	582	5	approach	approach	NOUN
cjal-3228	582	6	suffered	suffer	VERB
cjal-3228	582	7	from	from	ADP
cjal-3228	582	8	several	several	ADJ
cjal-3228	582	9	drawbacks	drawback	NOUN
cjal-3228	582	10	,	,	PUNCT
cjal-3228	582	11	including	include	VERB
cjal-3228	582	12	insufficient	insufficient	ADJ
cjal-3228	582	13	liquidity	liquidity	NOUN
cjal-3228	582	14	in	in	ADP
cjal-3228	582	15	the	the	DET
cjal-3228	582	16	b	b	PROPN
cjal-3228	582	17	share	share	NOUN
cjal-3228	582	18	market	market	NOUN
cjal-3228	582	19	"	"	PUNCT
cjal-3228	582	20	and	and	CCONJ
cjal-3228	582	21	the	the	DET
cjal-3228	582	22	inability	inability	NOUN
cjal-3228	582	23	of	of	ADP
cjal-3228	582	24	the	the	DET
cjal-3228	582	25	a	a	DET
cjal-3228	582	26	share	share	NOUN
cjal-3228	582	27	market	market	NOUN
cjal-3228	582	28	to	to	PART
cjal-3228	582	29	compete	compete	VERB
cjal-3228	582	30	and	and	CCONJ
cjal-3228	582	31	integrate	integrate	VERB
cjal-3228	582	32	globally	globally	ADV
cjal-3228	582	33	.	.	PUNCT
cjal-3228	583	1	two	two	NUM
cjal-3228	583	2	recent	recent	ADJ
cjal-3228	583	3	efforts	effort	NOUN
cjal-3228	583	4	have	have	AUX
cjal-3228	583	5	initiated	initiate	VERB
cjal-3228	583	6	the	the	DET
cjal-3228	583	7	gradual	gradual	ADJ
cjal-3228	583	8	registered	register	VERB
cjal-3228	583	9	capital	capital	NOUN
cjal-3228	583	10	.	.	PUNCT
cjal-3228	584	1	foreign	foreign	ADJ
cjal-3228	584	2	debt	debt	NOUN
cjal-3228	584	3	measures	measure	NOUN
cjal-3228	584	4	,	,	PUNCT
cjal-3228	584	5	supra	supra	PROPN
cjal-3228	584	6	note	note	NOUN
cjal-3228	584	7	103	103	NUM
cjal-3228	584	8	,	,	PUNCT
cjal-3228	584	9	art	art	NOUN
cjal-3228	584	10	.	.	PUNCT
cjal-3228	585	1	18	18	NUM
cjal-3228	585	2	.	.	PUNCT
cjal-3228	586	1	within	within	ADP
cjal-3228	586	2	this	this	DET
cjal-3228	586	3	limit	limit	NOUN
cjal-3228	586	4	,	,	PUNCT
cjal-3228	586	5	fies	fie	NOUN
cjal-3228	586	6	do	do	AUX
cjal-3228	586	7	not	not	PART
cjal-3228	586	8	need	need	VERB
cjal-3228	586	9	prior	prior	ADJ
cjal-3228	586	10	approval	approval	NOUN
cjal-3228	586	11	to	to	PART
cjal-3228	586	12	borrow	borrow	VERB
cjal-3228	586	13	foreign	foreign	ADJ
cjal-3228	586	14	currency	currency	NOUN
cjal-3228	586	15	or	or	CCONJ
cjal-3228	586	16	to	to	PART
cjal-3228	586	17	pay	pay	VERB
cjal-3228	586	18	it	it	PRON
cjal-3228	586	19	back	back	ADP
cjal-3228	586	20	,	,	PUNCT
cjal-3228	586	21	but	but	CCONJ
cjal-3228	586	22	all	all	DET
cjal-3228	586	23	debt	debt	NOUN
cjal-3228	586	24	must	must	AUX
cjal-3228	586	25	be	be	AUX
cjal-3228	586	26	registered	register	VERB
cjal-3228	586	27	with	with	ADP
cjal-3228	586	28	safe	safe	ADJ
cjal-3228	586	29	.	.	PUNCT
cjal-3228	587	1	if	if	SCONJ
cjal-3228	587	2	an	an	DET
cjal-3228	587	3	fie	fie	NOUN
cjal-3228	587	4	will	will	AUX
cjal-3228	587	5	exceed	exceed	VERB
cjal-3228	587	6	the	the	DET
cjal-3228	587	7	limit	limit	NOUN
cjal-3228	587	8	,	,	PUNCT
cjal-3228	587	9	it	it	PRON
cjal-3228	587	10	must	must	AUX
cjal-3228	587	11	have	have	VERB
cjal-3228	587	12	its	its	PRON
cjal-3228	587	13	total	total	ADJ
cjal-3228	587	14	capital	capital	NOUN
cjal-3228	587	15	raised	raise	VERB
cjal-3228	587	16	.	.	PUNCT
cjal-3228	588	1	i	i	PRON
cjal-3228	588	2	d.	d.	PROPN
cjal-3228	588	3	107	107	NUM
cjal-3228	588	4	see	see	VERB
cjal-3228	588	5	waizhai	waizhai	ADJ
cjal-3228	588	6	tongji	tongji	NOUN
cjal-3228	588	7	jiance	jiance	NOUN
cjal-3228	588	8	shishi	shishi	X
cjal-3228	588	9	xize	xize	NOUN
cjal-3228	589	1	[	[	X
cjal-3228	589	2	detailed	detail	VERB
cjal-3228	589	3	implementing	implement	VERB
cjal-3228	589	4	rules	rule	NOUN
cjal-3228	589	5	for	for	ADP
cjal-3228	589	6	maintaining	maintain	VERB
cjal-3228	589	7	foreign	foreign	ADJ
cjal-3228	589	8	debt	debt	NOUN
cjal-3228	589	9	statistics	statistic	NOUN
cjal-3228	589	10	]	]	PUNCT
cjal-3228	589	11	,	,	PUNCT
cjal-3228	589	12	promulgated	promulgate	VERB
cjal-3228	589	13	by	by	ADP
cjal-3228	589	14	safe	safe	ADJ
cjal-3228	589	15	on	on	ADP
cjal-3228	589	16	sept	sept	PROPN
cjal-3228	589	17	.	.	PROPN
cjal-3228	589	18	24	24	NUM
cjal-3228	589	19	,	,	PUNCT
cjal-3228	589	20	1997	1997	NUM
cjal-3228	589	21	and	and	CCONJ
cjal-3228	589	22	effective	effective	ADJ
cjal-3228	589	23	as	as	ADP
cjal-3228	589	24	of	of	ADP
cjal-3228	589	25	jan	jan	PROPN
cjal-3228	589	26	.	.	PROPN
cjal-3228	589	27	1	1	NUM
cjal-3228	589	28	,	,	PUNCT
cjal-3228	589	29	1998	1998	NUM
cjal-3228	589	30	.	.	PUNCT
cjal-3228	590	1	t08	t08	NOUN
cjal-3228	590	2	like	like	ADP
cjal-3228	590	3	commercial	commercial	ADJ
cjal-3228	590	4	loans	loan	NOUN
cjal-3228	590	5	,	,	PUNCT
cjal-3228	590	6	all	all	DET
cjal-3228	590	7	foreign	foreign	ADJ
cjal-3228	590	8	currency	currency	NOUN
cjal-3228	590	9	bonds	bond	NOUN
cjal-3228	590	10	are	be	AUX
cjal-3228	590	11	divided	divide	VERB
cjal-3228	590	12	into	into	ADP
cjal-3228	590	13	mediumand	mediumand	NOUN
cjal-3228	590	14	long	long	ADJ
cjal-3228	590	15	-	-	PUNCT
cjal-3228	590	16	term	term	NOUN
cjal-3228	590	17	(	(	PUNCT
cjal-3228	590	18	maturing	mature	VERB
cjal-3228	590	19	in	in	ADP
cjal-3228	590	20	more	more	ADJ
cjal-3228	590	21	than	than	ADP
cjal-3228	590	22	one	one	NUM
cjal-3228	590	23	year	year	NOUN
cjal-3228	590	24	)	)	PUNCT
cjal-3228	590	25	and	and	CCONJ
cjal-3228	590	26	short	short	ADJ
cjal-3228	590	27	-	-	PUNCT
cjal-3228	590	28	term	term	NOUN
cjal-3228	590	29	(	(	PUNCT
cjal-3228	590	30	maturing	mature	VERB
cjal-3228	590	31	in	in	ADP
cjal-3228	590	32	one	one	NUM
cjal-3228	590	33	year	year	NOUN
cjal-3228	590	34	or	or	CCONJ
cjal-3228	590	35	less	less	ADJ
cjal-3228	590	36	)	)	PUNCT
cjal-3228	590	37	bonds	bond	NOUN
cjal-3228	590	38	.	.	PUNCT
cjal-3228	591	1	jingnei	jingnei	PROPN
cjal-3228	591	2	jigou	jigou	PROPN
cjal-3228	591	3	faxing	fax	VERB
cjal-3228	591	4	waibi	waibi	NOUN
cjal-3228	591	5	zhaiquan	zhaiquan	PROPN
cjal-3228	591	6	guanli	guanli	PROPN
cjal-3228	591	7	banfa	banfa	PROPN
cjal-3228	592	1	[	[	X
cjal-3228	592	2	administrative	administrative	ADJ
cjal-3228	592	3	measures	measure	NOUN
cjal-3228	592	4	on	on	ADP
cjal-3228	592	5	management	management	NOUN
cjal-3228	592	6	of	of	ADP
cjal-3228	592	7	domestic	domestic	ADJ
cjal-3228	592	8	institutions	institution	NOUN
cjal-3228	592	9	issuing	issue	VERB
cjal-3228	592	10	foreign	foreign	ADJ
cjal-3228	592	11	currency	currency	NOUN
cjal-3228	592	12	bonds	bond	NOUN
cjal-3228	592	13	]	]	PUNCT
cjal-3228	592	14	(	(	PUNCT
cjal-3228	592	15	foreign	foreign	ADJ
cjal-3228	592	16	currency	currency	NOUN
cjal-3228	592	17	bond	bond	NOUN
cjal-3228	592	18	measures	measure	NOUN
cjal-3228	592	19	)	)	PUNCT
cjal-3228	592	20	,	,	PUNCT
cjal-3228	592	21	promulgated	promulgate	VERB
cjal-3228	592	22	by	by	ADP
cjal-3228	592	23	safe	safe	ADJ
cjal-3228	592	24	on	on	ADP
cjal-3228	592	25	sept	sept	PROPN
cjal-3228	592	26	.	.	PROPN
cjal-3228	592	27	24	24	NUM
cjal-3228	592	28	,	,	PUNCT
cjal-3228	592	29	1997	1997	NUM
cjal-3228	592	30	and	and	CCONJ
cjal-3228	592	31	effective	effective	ADJ
cjal-3228	592	32	as	as	ADP
cjal-3228	592	33	of	of	ADP
cjal-3228	592	34	jan	jan	PROPN
cjal-3228	592	35	.	.	PROPN
cjal-3228	592	36	1	1	NUM
cjal-3228	592	37	,	,	PUNCT
cjal-3228	592	38	1998	1998	NUM
cjal-3228	592	39	,	,	PUNCT
cjal-3228	592	40	art	art	NOUN
cjal-3228	592	41	.	.	PUNCT
cjal-3228	593	1	5	5	X
cjal-3228	593	2	.	.	X
cjal-3228	593	3	in	in	ADP
cjal-3228	593	4	general	general	ADJ
cjal-3228	593	5	,	,	PUNCT
cjal-3228	593	6	issuance	issuance	NOUN
cjal-3228	593	7	of	of	ADP
cjal-3228	593	8	mediumand	mediumand	NOUN
cjal-3228	593	9	long	long	ADJ
cjal-3228	593	10	-	-	PUNCT
cjal-3228	593	11	term	term	NOUN
cjal-3228	593	12	bonds	bond	NOUN
cjal-3228	593	13	must	must	AUX
cjal-3228	593	14	be	be	AUX
cjal-3228	593	15	approved	approve	VERB
cjal-3228	593	16	by	by	ADP
cjal-3228	593	17	the	the	DET
cjal-3228	593	18	state	state	NOUN
cjal-3228	593	19	development	development	PROPN
cjal-3228	593	20	and	and	CCONJ
cjal-3228	593	21	reform	reform	NOUN
cjal-3228	593	22	commission	commission	PROPN
cjal-3228	593	23	and	and	CCONJ
cjal-3228	593	24	the	the	DET
cjal-3228	593	25	state	state	NOUN
cjal-3228	593	26	council	council	PROPN
cjal-3228	593	27	,	,	PUNCT
cjal-3228	593	28	in	in	ADP
cjal-3228	593	29	addition	addition	NOUN
cjal-3228	593	30	to	to	ADP
cjal-3228	593	31	safe	safe	ADJ
cjal-3228	593	32	,	,	PUNCT
cjal-3228	593	33	while	while	SCONJ
cjal-3228	593	34	short	short	ADJ
cjal-3228	593	35	-	-	PUNCT
cjal-3228	593	36	term	term	NOUN
cjal-3228	593	37	bonds	bond	NOUN
cjal-3228	593	38	need	need	VERB
cjal-3228	593	39	only	only	ADV
cjal-3228	593	40	be	be	AUX
cjal-3228	593	41	approved	approve	VERB
cjal-3228	593	42	by	by	ADP
cjal-3228	593	43	safe	safe	ADJ
cjal-3228	593	44	.	.	PUNCT
cjal-3228	594	1	foreign	foreign	ADJ
cjal-3228	594	2	debt	debt	NOUN
cjal-3228	594	3	measures	measure	NOUN
cjal-3228	594	4	,	,	PUNCT
cjal-3228	594	5	supra	supra	PROPN
cjal-3228	594	6	note	note	NOUN
cjal-3228	594	7	103	103	NUM
cjal-3228	594	8	,	,	PUNCT
cjal-3228	594	9	art	art	NOUN
cjal-3228	594	10	.	.	PUNCT
cjal-3228	595	1	13	13	NUM
cjal-3228	595	2	.	.	PUNCT
cjal-3228	596	1	in	in	ADP
cjal-3228	596	2	addition	addition	NOUN
cjal-3228	596	3	,	,	PUNCT
cjal-3228	596	4	short	short	ADJ
cjal-3228	596	5	-	-	PUNCT
cjal-3228	596	6	term	term	NOUN
cjal-3228	596	7	bonds	bond	NOUN
cjal-3228	596	8	issued	issue	VERB
cjal-3228	596	9	by	by	ADP
cjal-3228	596	10	chinese	chinese	ADJ
cjal-3228	596	11	enterprises	enterprise	NOUN
cjal-3228	596	12	are	be	AUX
cjal-3228	596	13	limited	limit	VERB
cjal-3228	596	14	by	by	ADP
cjal-3228	596	15	the	the	DET
cjal-3228	596	16	short	short	ADJ
cjal-3228	596	17	-	-	PUNCT
cjal-3228	596	18	term	term	NOUN
cjal-3228	596	19	loan	loan	NOUN
cjal-3228	596	20	balance	balance	NOUN
cjal-3228	596	21	limits	limit	NOUN
cjal-3228	596	22	set	set	VERB
cjal-3228	596	23	forth	forth	ADP
cjal-3228	596	24	by	by	ADP
cjal-3228	596	25	safe	safe	ADJ
cjal-3228	596	26	.	.	PUNCT
cjal-3228	597	1	foreign	foreign	ADJ
cjal-3228	597	2	currency	currency	NOUN
cjal-3228	597	3	bond	bond	NOUN
cjal-3228	597	4	measures	measure	NOUN
cjal-3228	597	5	,	,	PUNCT
cjal-3228	597	6	supra	supra	NOUN
cjal-3228	597	7	,	,	PUNCT
cjal-3228	597	8	art	art	NOUN
cjal-3228	597	9	.	.	PUNCT
cjal-3228	598	1	6	6	X
cjal-3228	598	2	.	.	X
cjal-3228	598	3	with	with	ADP
cjal-3228	598	4	the	the	DET
cjal-3228	598	5	exception	exception	NOUN
cjal-3228	598	6	of	of	ADP
cjal-3228	598	7	convertible	convertible	ADJ
cjal-3228	598	8	bonds	bond	NOUN
cjal-3228	598	9	,	,	PUNCT
cjal-3228	598	10	fies	fie	NOUN
cjal-3228	598	11	do	do	AUX
cjal-3228	598	12	not	not	PART
cjal-3228	598	13	need	need	VERB
cjal-3228	598	14	safe	safe	ADJ
cjal-3228	598	15	approval	approval	NOUN
cjal-3228	598	16	to	to	PART
cjal-3228	598	17	issue	issue	VERB
cjal-3228	598	18	foreign	foreign	ADJ
cjal-3228	598	19	currency	currency	NOUN
cjal-3228	598	20	bonds	bond	NOUN
cjal-3228	598	21	.	.	PUNCT
cjal-3228	599	1	i	i	PRON
cjal-3228	599	2	d.	d.	PROPN
cjal-3228	599	3	109	109	NUM
cjal-3228	599	4	jingnei	jingnei	PROPN
cjal-3228	599	5	jigou	jigou	PROPN
cjal-3228	599	6	duiwai	duiwai	PROPN
cjal-3228	599	7	danbao	danbao	VERB
cjal-3228	599	8	guanli	guanli	PROPN
cjal-3228	599	9	banfa	banfa	PROPN
cjal-3228	600	1	[	[	X
cjal-3228	600	2	administrative	administrative	ADJ
cjal-3228	600	3	measures	measure	NOUN
cjal-3228	600	4	on	on	ADP
cjal-3228	600	5	management	management	NOUN
cjal-3228	600	6	of	of	ADP
cjal-3228	600	7	domestic	domestic	ADJ
cjal-3228	600	8	institutions	institution	NOUN
cjal-3228	600	9	securing	secure	VERB
cjal-3228	600	10	foreign	foreign	ADJ
cjal-3228	600	11	debt	debt	NOUN
cjal-3228	600	12	]	]	PUNCT
cjal-3228	600	13	,	,	PUNCT
cjal-3228	600	14	promulgated	promulgate	VERB
cjal-3228	600	15	by	by	ADP
cjal-3228	600	16	the	the	DET
cjal-3228	600	17	pbc	pbc	PROPN
cjal-3228	600	18	on	on	ADP
cjal-3228	600	19	aug	aug	PROPN
cjal-3228	600	20	.	.	PROPN
cjal-3228	600	21	21	21	NUM
cjal-3228	600	22	,	,	PUNCT
cjal-3228	600	23	1996	1996	NUM
cjal-3228	600	24	and	and	CCONJ
cjal-3228	600	25	effective	effective	ADJ
cjal-3228	600	26	as	as	ADP
cjal-3228	600	27	of	of	ADP
cjal-3228	600	28	oct	oct	PROPN
cjal-3228	600	29	.	.	PROPN
cjal-3228	600	30	1	1	NUM
cjal-3228	600	31	,	,	PUNCT
cjal-3228	600	32	1996	1996	NUM
cjal-3228	600	33	,	,	PUNCT
cjal-3228	600	34	arts	art	NOUN
cjal-3228	600	35	.	.	PUNCT
cjal-3228	601	1	4	4	NUM
cjal-3228	601	2	,	,	PUNCT
cjal-3228	601	3	10	10	NUM
cjal-3228	601	4	,	,	PUNCT
cjal-3228	601	5	14	14	NUM
cjal-3228	601	6	.	.	PUNCT
cjal-3228	602	1	only	only	ADV
cjal-3228	602	2	non	non	ADJ
cjal-3228	602	3	-	-	ADJ
cjal-3228	602	4	financial	financial	ADJ
cjal-3228	602	5	institutions	institution	NOUN
cjal-3228	602	6	with	with	ADP
cjal-3228	602	7	subrogation	subrogation	NOUN
cjal-3228	602	8	rights	right	NOUN
cjal-3228	602	9	may	may	AUX
cjal-3228	602	10	guarantee	guarantee	VERB
cjal-3228	602	11	foreign	foreign	ADJ
cjal-3228	602	12	loans	loan	NOUN
cjal-3228	602	13	.	.	PUNCT
cjal-3228	603	1	i	i	PRON
cjal-3228	603	2	d.	d.	PROPN
cjal-3228	603	3	art	art	PROPN
cjal-3228	603	4	.	.	PUNCT
cjal-3228	604	1	4	4	X
cjal-3228	604	2	.	.	X
cjal-3228	604	3	foreign	foreign	ADJ
cjal-3228	604	4	loan	loan	NOUN
cjal-3228	604	5	guarantees	guarantee	NOUN
cjal-3228	604	6	by	by	ADP
cjal-3228	604	7	any	any	DET
cjal-3228	604	8	financial	financial	ADJ
cjal-3228	604	9	institution	institution	NOUN
cjal-3228	604	10	are	be	AUX
cjal-3228	604	11	limited	limit	VERB
cjal-3228	604	12	to	to	ADP
cjal-3228	604	13	twenty	twenty	NUM
cjal-3228	604	14	times	time	NOUN
cjal-3228	604	15	its	its	PRON
cjal-3228	604	16	foreign	foreign	ADJ
cjal-3228	604	17	exchange	exchange	NOUN
cjal-3228	604	18	capital	capital	NOUN
cjal-3228	604	19	,	,	PUNCT
cjal-3228	604	20	while	while	SCONJ
cjal-3228	604	21	guarantees	guarantee	NOUN
cjal-3228	604	22	by	by	ADP
cjal-3228	604	23	any	any	DET
cjal-3228	604	24	non	non	ADJ
cjal-3228	604	25	-	-	ADJ
cjal-3228	604	26	financial	financial	ADJ
cjal-3228	604	27	institution	institution	NOUN
cjal-3228	604	28	are	be	AUX
cjal-3228	604	29	limited	limit	VERB
cjal-3228	604	30	to	to	ADP
cjal-3228	604	31	the	the	DET
cjal-3228	604	32	lesser	less	ADJ
cjal-3228	604	33	of	of	ADP
cjal-3228	604	34	50	50	NUM
cjal-3228	604	35	%	%	NOUN
cjal-3228	604	36	of	of	ADP
cjal-3228	604	37	its	its	PRON
cjal-3228	604	38	net	net	ADJ
cjal-3228	604	39	assets	asset	NOUN
cjal-3228	604	40	or	or	CCONJ
cjal-3228	604	41	the	the	DET
cjal-3228	604	42	previous	previous	ADJ
cjal-3228	604	43	year	year	NOUN
cjal-3228	604	44	's	's	PART
cjal-3228	604	45	forex	forex	ADJ
cjal-3228	604	46	income	income	NOUN
cjal-3228	604	47	.	.	PUNCT
cjal-3228	605	1	i	i	PRON
cjal-3228	605	2	d.	d.	PROPN
cjal-3228	605	3	art	art	PROPN
cjal-3228	605	4	.	.	PUNCT
cjal-3228	606	1	5	5	X
cjal-3228	606	2	.	.	NUM
cjal-3228	606	3	wfoes	wfoe	NOUN
cjal-3228	606	4	do	do	AUX
cjal-3228	606	5	not	not	PART
cjal-3228	606	6	need	need	VERB
cjal-3228	606	7	safe	safe	ADJ
cjal-3228	606	8	approval	approval	NOUN
cjal-3228	606	9	to	to	PART
cjal-3228	606	10	guarantee	guarantee	VERB
cjal-3228	606	11	foreign	foreign	ADJ
cjal-3228	606	12	loans	loan	NOUN
cjal-3228	606	13	.	.	PUNCT
cjal-3228	607	1	jingnei	jingnei	PROPN
cjal-3228	607	2	jigou	jigou	PROPN
cjal-3228	607	3	duiwai	duiwai	PROPN
cjal-3228	607	4	danbao	danbao	VERB
cjal-3228	607	5	guanli	guanli	PROPN
cjal-3228	607	6	banfa	banfa	PROPN
cjal-3228	607	7	shishi	shishi	X
cjal-3228	607	8	xize	xize	NOUN
cjal-3228	608	1	[	[	X
cjal-3228	608	2	detailed	detailed	ADJ
cjal-3228	608	3	implementation	implementation	NOUN
cjal-3228	608	4	rules	rule	NOUN
cjal-3228	608	5	for	for	ADP
cjal-3228	608	6	the	the	DET
cjal-3228	608	7	administrative	administrative	ADJ
cjal-3228	608	8	measures	measure	NOUN
cjal-3228	608	9	on	on	ADP
cjal-3228	608	10	management	management	NOUN
cjal-3228	608	11	of	of	ADP
cjal-3228	608	12	domestic	domestic	ADJ
cjal-3228	608	13	institutions	institution	NOUN
cjal-3228	608	14	securing	secure	VERB
cjal-3228	608	15	foreign	foreign	ADJ
cjal-3228	608	16	debt	debt	NOUN
cjal-3228	608	17	]	]	PUNCT
cjal-3228	608	18	,	,	PUNCT
cjal-3228	608	19	promulgated	promulgate	VERB
cjal-3228	608	20	by	by	ADP
cjal-3228	608	21	safe	safe	ADJ
cjal-3228	608	22	on	on	ADP
cjal-3228	608	23	dec	dec	PROPN
cjal-3228	608	24	.	.	PROPN
cjal-3228	608	25	11	11	NUM
cjal-3228	608	26	,	,	PUNCT
cjal-3228	608	27	1997	1997	NUM
cjal-3228	608	28	and	and	CCONJ
cjal-3228	608	29	effective	effective	ADJ
cjal-3228	608	30	as	as	ADP
cjal-3228	608	31	of	of	ADP
cjal-3228	608	32	jan	jan	PROPN
cjal-3228	608	33	.	.	PROPN
cjal-3228	608	34	1	1	NUM
cjal-3228	608	35	,	,	PUNCT
cjal-3228	608	36	1996	1996	NUM
cjal-3228	608	37	,	,	PUNCT
cjal-3228	608	38	art	art	NOUN
cjal-3228	608	39	.	.	PUNCT
cjal-3228	609	1	8	8	X
cjal-3228	609	2	.	.	X
cjal-3228	609	3	safe	safe	ADJ
cjal-3228	609	4	approval	approval	NOUN
cjal-3228	609	5	and	and	CCONJ
cjal-3228	609	6	verification	verification	NOUN
cjal-3228	609	7	is	be	AUX
cjal-3228	609	8	also	also	ADV
cjal-3228	609	9	required	require	VERB
cjal-3228	609	10	to	to	PART
cjal-3228	609	11	erform	erform	VERB
cjal-3228	609	12	duties	duty	NOUN
cjal-3228	609	13	under	under	ADP
cjal-3228	609	14	a	a	DET
cjal-3228	609	15	foreign	foreign	ADJ
cjal-3228	609	16	loan	loan	NOUN
cjal-3228	609	17	guarantee	guarantee	NOUN
cjal-3228	609	18	contract	contract	NOUN
cjal-3228	609	19	.	.	PUNCT
cjal-3228	610	1	i	i	PRON
cjal-3228	610	2	d.	d.	PROPN
cjal-3228	610	3	art	art	PROPN
cjal-3228	610	4	.	.	PUNCT
cjal-3228	611	1	40	40	NUM
cjal-3228	611	2	)	)	PUNCT
cjal-3228	611	3	10	10	NUM
cjal-3228	611	4	see	see	VERB
cjal-3228	611	5	matthew	matthew	PROPN
cjal-3228	611	6	miller	miller	PROPN
cjal-3228	611	7	,	,	PUNCT
cjal-3228	611	8	taking	take	VERB
cjal-3228	611	9	stock	stock	NOUN
cjal-3228	611	10	of	of	ADP
cjal-3228	611	11	b	b	NOUN
cjal-3228	611	12	-	-	PUNCT
cjal-3228	611	13	team	team	NOUN
cjal-3228	611	14	,	,	PUNCT
cjal-3228	611	15	s.	s.	PROPN
cjal-3228	611	16	china	china	PROPN
cjal-3228	611	17	morning	morning	PROPN
cjal-3228	611	18	post	post	PROPN
cjal-3228	611	19	,	,	PUNCT
cjal-3228	611	20	february	february	PROPN
cjal-3228	611	21	21	21	NUM
cjal-3228	611	22	,	,	PUNCT
cjal-3228	611	23	2001	2001	NUM
cjal-3228	611	24	.	.	PUNCT
cjal-3228	612	1	2004	2004	NUM
cjal-3228	612	2	]	]	PUNCT
cjal-3228	612	3	columbia	columbia	PROPN
cjal-3228	612	4	journal	journal	PROPN
cjal-3228	612	5	of	of	ADP
cjal-3228	612	6	asian	asian	ADJ
cjal-3228	612	7	law	law	NOUN
cjal-3228	612	8	demise	demise	NOUN
cjal-3228	612	9	of	of	ADP
cjal-3228	612	10	the	the	DET
cjal-3228	612	11	bifurcated	bifurcated	ADJ
cjal-3228	612	12	system	system	NOUN
cjal-3228	612	13	.	.	PUNCT
cjal-3228	613	1	first	first	ADV
cjal-3228	613	2	,	,	PUNCT
cjal-3228	613	3	in	in	ADP
cjal-3228	613	4	an	an	DET
cjal-3228	613	5	attempt	attempt	NOUN
cjal-3228	613	6	to	to	PART
cjal-3228	613	7	ameliorate	ameliorate	VERB
cjal-3228	613	8	the	the	DET
cjal-3228	613	9	b	b	PROPN
cjal-3228	613	10	share	share	NOUN
cjal-3228	613	11	liquidity	liquidity	NOUN
cjal-3228	613	12	problem	problem	NOUN
cjal-3228	613	13	,	,	PUNCT
cjal-3228	613	14	in	in	ADP
cjal-3228	613	15	february	february	PROPN
cjal-3228	613	16	2001	2001	NUM
cjal-3228	613	17	the	the	DET
cjal-3228	613	18	government	government	NOUN
cjal-3228	613	19	began	begin	VERB
cjal-3228	613	20	allowing	allow	VERB
cjal-3228	613	21	chinese	chinese	ADJ
cjal-3228	613	22	companies	company	NOUN
cjal-3228	613	23	and	and	CCONJ
cjal-3228	613	24	individuals	individual	NOUN
cjal-3228	613	25	to	to	PART
cjal-3228	613	26	use	use	VERB
cjal-3228	613	27	forex	forex	NOUN
cjal-3228	613	28	deposited	deposit	VERB
cjal-3228	613	29	in	in	ADP
cjal-3228	613	30	chinese	chinese	ADJ
cjal-3228	613	31	banks	bank	NOUN
cjal-3228	613	32	for	for	ADP
cjal-3228	613	33	the	the	DET
cjal-3228	613	34	purchase	purchase	NOUN
cjal-3228	613	35	of	of	ADP
cjal-3228	613	36	b	b	NOUN
cjal-3228	613	37	-	-	PUNCT
cjal-3228	613	38	shares	share	NOUN
cjal-3228	613	39	.	.	PUNCT
cjal-3228	614	1	"	"	PUNCT
cjal-3228	614	2	'	'	PUNCT
cjal-3228	614	3	more	more	ADV
cjal-3228	614	4	far	far	ADV
cjal-3228	614	5	-	-	PUNCT
cjal-3228	614	6	reaching	reach	VERB
cjal-3228	614	7	,	,	PUNCT
cjal-3228	614	8	however	however	ADV
cjal-3228	614	9	,	,	PUNCT
cjal-3228	614	10	is	be	AUX
cjal-3228	614	11	the	the	DET
cjal-3228	614	12	recent	recent	ADJ
cjal-3228	614	13	selective	selective	ADJ
cjal-3228	614	14	opening	opening	NOUN
cjal-3228	614	15	of	of	ADP
cjal-3228	614	16	the	the	DET
cjal-3228	614	17	a	a	DET
cjal-3228	614	18	share	share	NOUN
cjal-3228	614	19	market	market	NOUN
cjal-3228	614	20	to	to	ADP
cjal-3228	614	21	qualified	qualified	ADJ
cjal-3228	614	22	foreign	foreign	ADJ
cjal-3228	614	23	institutional	institutional	ADJ
cjal-3228	614	24	investors	investor	NOUN
cjal-3228	614	25	(	(	PUNCT
cjal-3228	614	26	qfii	qfii	PROPN
cjal-3228	614	27	)	)	PUNCT
cjal-3228	614	28	(	(	PUNCT
cjal-3228	614	29	hege	hege	NOUN
cjal-3228	614	30	jingwai	jingwai	NOUN
cjal-3228	614	31	jigou	jigou	NOUN
cjal-3228	614	32	touzizhe),12	touzizhe),12	X
cjal-3228	614	33	which	which	PRON
cjal-3228	614	34	must	must	AUX
cjal-3228	614	35	be	be	AUX
cjal-3228	614	36	approved	approve	VERB
cjal-3228	614	37	by	by	ADP
cjal-3228	614	38	and	and	CCONJ
cjal-3228	614	39	registered	register	VERB
cjal-3228	614	40	with	with	ADP
cjal-3228	614	41	safe	safe	ADJ
cjal-3228	614	42	.	.	PUNCT
cjal-3228	615	1	"3	"3	NOUN
cjal-3228	615	2	inward	inward	ADV
cjal-3228	615	3	and	and	CCONJ
cjal-3228	615	4	outward	outward	VERB
cjal-3228	615	5	remittances	remittance	NOUN
cjal-3228	615	6	of	of	ADP
cjal-3228	615	7	foreign	foreign	ADJ
cjal-3228	615	8	currency	currency	NOUN
cjal-3228	615	9	by	by	ADP
cjal-3228	615	10	the	the	DET
cjal-3228	615	11	qfii	qfii	NOUN
cjal-3228	615	12	are	be	AUX
cjal-3228	615	13	subject	subject	ADJ
cjal-3228	615	14	to	to	ADP
cjal-3228	615	15	limitations,14	limitations,14	NOUN
cjal-3228	615	16	and	and	CCONJ
cjal-3228	615	17	safe	safe	ADJ
cjal-3228	615	18	approval	approval	NOUN
cjal-3228	615	19	is	be	AUX
cjal-3228	615	20	required	require	VERB
cjal-3228	615	21	for	for	ADP
cjal-3228	615	22	repatriating	repatriate	VERB
cjal-3228	615	23	income	income	NOUN
cjal-3228	615	24	earned	earn	VERB
cjal-3228	615	25	on	on	ADP
cjal-3228	615	26	the	the	DET
cjal-3228	615	27	investments	investment	NOUN
cjal-3228	615	28	.	.	PUNCT
cjal-3228	616	1	"	"	PUNCT
cjal-3228	616	2	'	'	PUNCT
cjal-3228	616	3	finally	finally	ADV
cjal-3228	616	4	,	,	PUNCT
cjal-3228	616	5	outward	outward	VERB
cjal-3228	616	6	investments	investment	NOUN
cjal-3228	616	7	of	of	ADP
cjal-3228	616	8	all	all	DET
cjal-3228	616	9	kinds	kind	NOUN
cjal-3228	616	10	are	be	AUX
cjal-3228	616	11	treated	treat	VERB
cjal-3228	616	12	particularly	particularly	ADV
cjal-3228	616	13	stringently	stringently	ADV
cjal-3228	616	14	by	by	ADP
cjal-3228	616	15	the	the	DET
cjal-3228	616	16	foreign	foreign	ADJ
cjal-3228	616	17	exchange	exchange	NOUN
cjal-3228	616	18	regulatory	regulatory	ADJ
cjal-3228	616	19	regime	regime	NOUN
cjal-3228	616	20	.	.	PUNCT
cjal-3228	617	1	the	the	DET
cjal-3228	617	2	strict	strict	ADJ
cjal-3228	617	3	regulatory	regulatory	ADJ
cjal-3228	617	4	and	and	CCONJ
cjal-3228	617	5	administrative	administrative	ADJ
cjal-3228	617	6	regime	regime	NOUN
cjal-3228	617	7	surrounding	surround	VERB
cjal-3228	617	8	outward	outward	ADJ
cjal-3228	617	9	capital	capital	NOUN
cjal-3228	617	10	flows	flow	NOUN
cjal-3228	617	11	is	be	AUX
cjal-3228	617	12	driven	drive	VERB
cjal-3228	617	13	largely	largely	ADV
cjal-3228	617	14	by	by	ADP
cjal-3228	617	15	the	the	DET
cjal-3228	617	16	fear	fear	NOUN
cjal-3228	617	17	of	of	ADP
cjal-3228	617	18	capital	capital	ADJ
cjal-3228	617	19	flight	flight	NOUN
cjal-3228	617	20	out	out	ADP
cjal-3228	617	21	of	of	ADP
cjal-3228	617	22	china	china	PROPN
cjal-3228	617	23	and	and	CCONJ
cjal-3228	617	24	the	the	DET
cjal-3228	617	25	low	low	ADJ
cjal-3228	617	26	priority	priority	NOUN
cjal-3228	617	27	of	of	ADP
cjal-3228	617	28	outward	outward	ADJ
cjal-3228	617	29	investments	investment	NOUN
cjal-3228	617	30	in	in	ADP
cjal-3228	617	31	china	china	PROPN
cjal-3228	617	32	's	's	PART
cjal-3228	617	33	economic	economic	ADJ
cjal-3228	617	34	policy	policy	NOUN
cjal-3228	617	35	.	.	PUNCT
cjal-3228	618	1	however	however	ADV
cjal-3228	618	2	,	,	PUNCT
cjal-3228	618	3	this	this	DET
cjal-3228	618	4	policy	policy	NOUN
cjal-3228	618	5	stance	stance	NOUN
cjal-3228	618	6	has	have	AUX
cjal-3228	618	7	shown	show	VERB
cjal-3228	618	8	clear	clear	ADJ
cjal-3228	618	9	signs	sign	NOUN
cjal-3228	618	10	of	of	ADP
cjal-3228	618	11	changing	change	VERB
cjal-3228	618	12	in	in	ADP
cjal-3228	618	13	recent	recent	ADJ
cjal-3228	618	14	years	year	NOUN
cjal-3228	618	15	.	.	PUNCT
cjal-3228	619	1	in	in	ADP
cjal-3228	619	2	particular	particular	ADJ
cjal-3228	619	3	,	,	PUNCT
cjal-3228	619	4	recent	recent	ADJ
cjal-3228	619	5	administrative	administrative	ADJ
cjal-3228	619	6	regulations	regulation	NOUN
cjal-3228	619	7	have	have	AUX
cjal-3228	619	8	significantly	significantly	ADV
cjal-3228	619	9	streamlined	streamline	VERB
cjal-3228	619	10	the	the	DET
cjal-3228	619	11	foreign	foreign	ADJ
cjal-3228	619	12	exchange	exchange	NOUN
cjal-3228	619	13	regulatory	regulatory	ADJ
cjal-3228	619	14	regime	regime	NOUN
cjal-3228	619	15	for	for	ADP
cjal-3228	619	16	outbound	outbound	ADJ
cjal-3228	619	17	investments	investment	NOUN
cjal-3228	619	18	.	.	PUNCT
cjal-3228	620	1	previously	previously	ADV
cjal-3228	620	2	,	,	PUNCT
cjal-3228	620	3	all	all	DET
cjal-3228	620	4	outbound	outbound	ADJ
cjal-3228	620	5	investments	investment	NOUN
cjal-3228	620	6	were	be	AUX
cjal-3228	620	7	required	require	VERB
cjal-3228	620	8	to	to	PART
cjal-3228	620	9	be	be	AUX
cjal-3228	620	10	evaluated	evaluate	VERB
cjal-3228	620	11	by	by	ADP
cjal-3228	620	12	safe	safe	ADJ
cjal-3228	620	13	regarding	regard	VERB
cjal-3228	620	14	1	1	NUM
cjal-3228	620	15	)	)	PUNCT
cjal-3228	620	16	the	the	DET
cjal-3228	620	17	foreign	foreign	ADJ
cjal-3228	620	18	exchange	exchange	NOUN
cjal-3228	620	19	risk	risk	NOUN
cjal-3228	620	20	of	of	ADP
cjal-3228	620	21	the	the	DET
cjal-3228	620	22	venture	venture	NOUN
cjal-3228	620	23	(	(	PUNCT
cjal-3228	620	24	waihuifengxian	waihuifengxian	NOUN
cjal-3228	620	25	)	)	PUNCT
cjal-3228	620	26	,	,	PUNCT
cjal-3228	620	27	i.e.	i.e.	X
cjal-3228	620	28	its	its	PRON
cjal-3228	620	29	feasibility	feasibility	NOUN
cjal-3228	620	30	and	and	CCONJ
cjal-3228	620	31	expected	expect	VERB
cjal-3228	620	32	return,"6	return,"6	ADJ
cjal-3228	620	33	and	and	CCONJ
cjal-3228	620	34	2	2	NUM
cjal-3228	620	35	)	)	PUNCT
cjal-3228	620	36	the	the	DET
cjal-3228	620	37	source	source	NOUN
cjal-3228	620	38	of	of	ADP
cjal-3228	620	39	the	the	DET
cjal-3228	620	40	forex	forex	ADJ
cjal-3228	620	41	funds	fund	NOUN
cjal-3228	620	42	to	to	PART
cjal-3228	620	43	be	be	AUX
cjal-3228	620	44	used	use	VERB
cjal-3228	620	45	(	(	PUNCT
cjal-3228	620	46	waihui	waihui	NOUN
cjal-3228	620	47	ziin	ziin	NOUN
cjal-3228	620	48	laiyuan	laiyuan	PROPN
cjal-3228	620	49	)	)	PUNCT
cjal-3228	620	50	.	.	PUNCT
cjal-3228	621	1	in	in	ADP
cjal-3228	621	2	addition	addition	NOUN
cjal-3228	621	3	,	,	PUNCT
cjal-3228	621	4	chinese	chinese	ADJ
cjal-3228	621	5	investors	investor	NOUN
cjal-3228	621	6	were	be	AUX
cjal-3228	621	7	forced	force	VERB
cjal-3228	621	8	to	to	PART
cjal-3228	621	9	deposit	deposit	VERB
cjal-3228	621	10	a	a	DET
cjal-3228	621	11	"	"	PUNCT
cjal-3228	621	12	profit	profit	NOUN
cjal-3228	621	13	guarantee	guarantee	NOUN
cjal-3228	621	14	"	"	PUNCT
cjal-3228	621	15	(	(	PUNCT
cjal-3228	621	16	lirun	lirun	NOUN
cjal-3228	621	17	baozhengjin	baozhengjin	NOUN
cjal-3228	621	18	)	)	PUNCT
cjal-3228	621	19	with	with	ADP
cjal-3228	621	20	safe	safe	ADJ
cjal-3228	621	21	,	,	PUNCT
cjal-3228	621	22	recovering	recover	VERB
cjal-3228	621	23	the	the	DET
cjal-3228	621	24	sum	sum	NOUN
cjal-3228	621	25	as	as	SCONJ
cjal-3228	621	26	profits	profit	NOUN
cjal-3228	621	27	were	be	AUX
cjal-3228	621	28	remitted	remit	VERB
cjal-3228	621	29	from	from	ADP
cjal-3228	621	30	the	the	DET
cjal-3228	621	31	foreign	foreign	ADJ
cjal-3228	621	32	investment	investment	NOUN
cjal-3228	621	33	.	.	PUNCT
cjal-3228	621	34	"	"	PUNCT
cjal-3228	622	1	8	8	NUM
cjal-3228	622	2	in	in	ADP
cjal-3228	622	3	2002	2002	NUM
cjal-3228	622	4	and	and	CCONJ
cjal-3228	622	5	2003	2003	NUM
cjal-3228	622	6	,	,	PUNCT
cjal-3228	622	7	the	the	DET
cjal-3228	622	8	chinese	chinese	ADJ
cjal-3228	622	9	government	government	NOUN
cjal-3228	622	10	decided	decide	VERB
cjal-3228	622	11	to	to	PART
cjal-3228	622	12	eliminate	eliminate	VERB
cjal-3228	622	13	the	the	DET
cjal-3228	622	14	forex	forex	ADJ
cjal-3228	622	15	risk	risk	NOUN
cjal-3228	622	16	iii	iii	NUM
cjal-3228	622	17	guanyu	guanyu	PROPN
cjal-3228	622	18	jumin	jumin	VERB
cjal-3228	622	19	geren	geren	PROPN
cjal-3228	622	20	touzi	touzi	PROPN
cjal-3228	622	21	jingnei	jingnei	VERB
cjal-3228	622	22	shangshi	shangshi	ADJ
cjal-3228	622	23	waizigu	waizigu	PROPN
cjal-3228	622	24	ruogan	ruogan	PROPN
cjal-3228	622	25	wenti	wenti	PROPN
cjal-3228	622	26	de	de	PROPN
cjal-3228	622	27	tongzhi	tongzhi	PROPN
cjal-3228	623	1	[	[	X
cjal-3228	623	2	notice	notice	NOUN
cjal-3228	623	3	concerning	concern	VERB
cjal-3228	623	4	several	several	ADJ
cjal-3228	623	5	questions	question	NOUN
cjal-3228	623	6	regarding	regard	VERB
cjal-3228	623	7	individual	individual	ADJ
cjal-3228	623	8	residents	resident	NOUN
cjal-3228	623	9	investing	invest	VERB
cjal-3228	623	10	in	in	ADP
cjal-3228	623	11	domestic	domestic	ADJ
cjal-3228	623	12	foreign	foreign	ADJ
cjal-3228	623	13	capital	capital	NOUN
cjal-3228	623	14	stocks	stock	NOUN
cjal-3228	623	15	]	]	PUNCT
cjal-3228	623	16	,	,	PUNCT
cjal-3228	623	17	promulgated	promulgate	VERB
cjal-3228	623	18	by	by	ADP
cjal-3228	623	19	the	the	DET
cjal-3228	623	20	china	china	PROPN
cjal-3228	623	21	securities	securities	PROPN
cjal-3228	623	22	regulatory	regulatory	PROPN
cjal-3228	623	23	commission	commission	PROPN
cjal-3228	623	24	on	on	ADP
cjal-3228	623	25	and	and	CCONJ
cjal-3228	623	26	effective	effective	ADJ
cjal-3228	623	27	as	as	ADP
cjal-3228	623	28	of	of	ADP
cjal-3228	623	29	feb	feb	PROPN
cjal-3228	623	30	.	.	PROPN
cjal-3228	623	31	22	22	NUM
cjal-3228	623	32	,	,	PUNCT
cjal-3228	623	33	2001	2001	NUM
cjal-3228	623	34	,	,	PUNCT
cjal-3228	623	35	art	art	NOUN
cjal-3228	623	36	.	.	PUNCT
cjal-3228	624	1	1	1	X
cjal-3228	624	2	.	.	X
cjal-3228	624	3	112	112	NUM
cjal-3228	624	4	see	see	VERB
cjal-3228	624	5	chi	chi	PROPN
cjal-3228	624	6	lo	lo	PROPN
cjal-3228	624	7	,	,	PUNCT
cjal-3228	624	8	china	china	PROPN
cjal-3228	624	9	's	's	PART
cjal-3228	624	10	liberalization	liberalization	NOUN
cjal-3228	624	11	strategy	strategy	NOUN
cjal-3228	624	12	,	,	PUNCT
cjal-3228	624	13	far	far	PROPN
cjal-3228	624	14	e.	e.	PROPN
cjal-3228	624	15	econ	econ	PROPN
cjal-3228	624	16	.	.	PUNCT
cjal-3228	625	1	rev	rev	PROPN
cjal-3228	625	2	.	.	PROPN
cjal-3228	625	3	,	,	PUNCT
cjal-3228	625	4	dec	dec	PROPN
cjal-3228	625	5	.	.	PROPN
cjal-3228	625	6	5	5	NUM
cjal-3228	625	7	,	,	PUNCT
cjal-3228	625	8	2002	2002	NUM
cjal-3228	625	9	.	.	PUNCT
cjal-3228	626	1	113	113	NUM
cjal-3228	626	2	hege	hege	NOUN
cjal-3228	626	3	jingwai	jingwai	NOUN
cjal-3228	626	4	jigou	jigou	PROPN
cjal-3228	626	5	touzizhe	touzizhe	PROPN
cjal-3228	626	6	jingnei	jingnei	VERB
cjal-3228	626	7	zhengquan	zhengquan	PROPN
cjal-3228	627	1	touzi	touzi	PROPN
cjal-3228	627	2	guanli	guanli	PROPN
cjal-3228	627	3	zanxing	zanxing	PROPN
cjal-3228	627	4	banfa	banfa	NOUN
cjal-3228	627	5	[	[	X
cjal-3228	627	6	provisional	provisional	ADJ
cjal-3228	627	7	measures	measure	NOUN
cjal-3228	627	8	on	on	ADP
cjal-3228	627	9	management	management	NOUN
cjal-3228	627	10	of	of	ADP
cjal-3228	627	11	domestic	domestic	ADJ
cjal-3228	627	12	securities	security	NOUN
cjal-3228	627	13	investment	investment	NOUN
cjal-3228	627	14	by	by	ADP
cjal-3228	627	15	qualified	qualified	ADJ
cjal-3228	627	16	foreign	foreign	ADJ
cjal-3228	627	17	institutional	institutional	ADJ
cjal-3228	627	18	investors	investor	NOUN
cjal-3228	627	19	]	]	PUNCT
cjal-3228	627	20	,	,	PUNCT
cjal-3228	627	21	promulgated	promulgate	VERB
cjal-3228	627	22	by	by	ADP
cjal-3228	627	23	the	the	DET
cjal-3228	627	24	china	china	PROPN
cjal-3228	627	25	securities	securities	PROPN
cjal-3228	627	26	regulatory	regulatory	PROPN
cjal-3228	627	27	commission	commission	PROPN
cjal-3228	627	28	and	and	CCONJ
cjal-3228	627	29	safe	safe	ADJ
cjal-3228	627	30	on	on	ADP
cjal-3228	627	31	nov	nov	PROPN
cjal-3228	627	32	.	.	PROPN
cjal-3228	627	33	19	19	NUM
cjal-3228	627	34	,	,	PUNCT
cjal-3228	627	35	2002	2002	NUM
cjal-3228	627	36	and	and	CCONJ
cjal-3228	627	37	effective	effective	ADJ
cjal-3228	627	38	as	as	ADP
cjal-3228	627	39	of	of	ADP
cjal-3228	627	40	dec	dec	PROPN
cjal-3228	627	41	.	.	PROPN
cjal-3228	627	42	1	1	NUM
cjal-3228	627	43	,	,	PUNCT
cjal-3228	627	44	2002	2002	NUM
cjal-3228	627	45	.	.	PUNCT
cjal-3228	628	1	art	art	NOUN
cjal-3228	628	2	.	.	PUNCT
cjal-3228	629	1	10	10	NUM
cjal-3228	629	2	.	.	X
cjal-3228	629	3	114	114	NUM
cjal-3228	629	4	ld	ld	PROPN
cjal-3228	629	5	.	.	PROPN
cjal-3228	629	6	art	art	NOUN
cjal-3228	629	7	.	.	PUNCT
cjal-3228	630	1	24	24	NUM
cjal-3228	630	2	.	.	NUM
cjal-3228	630	3	115	115	NUM
cjal-3228	631	1	i	i	PRON
cjal-3228	631	2	d.	d.	PROPN
cjal-3228	631	3	art	art	PROPN
cjal-3228	631	4	.	.	PUNCT
cjal-3228	632	1	29	29	NUM
cjal-3228	632	2	.	.	X
cjal-3228	632	3	116	116	NUM
cjal-3228	632	4	jingwai	jingwai	NOUN
cjal-3228	632	5	touzi	touzi	PROPN
cjal-3228	632	6	waihui	waihui	PROPN
cjal-3228	632	7	guanli	guanli	PROPN
cjal-3228	632	8	banfa	banfa	PROPN
cjal-3228	633	1	[	[	X
cjal-3228	633	2	administrative	administrative	ADJ
cjal-3228	633	3	measures	measure	NOUN
cjal-3228	633	4	on	on	ADP
cjal-3228	633	5	management	management	NOUN
cjal-3228	633	6	of	of	ADP
cjal-3228	633	7	foreign	foreign	ADJ
cjal-3228	633	8	exchange	exchange	NOUN
cjal-3228	633	9	for	for	ADP
cjal-3228	633	10	outward	outward	ADJ
cjal-3228	633	11	investment	investment	NOUN
cjal-3228	633	12	]	]	PUNCT
cjal-3228	633	13	(	(	PUNCT
cjal-3228	633	14	outward	outward	VERB
cjal-3228	633	15	investment	investment	NOUN
cjal-3228	633	16	measures	measure	NOUN
cjal-3228	633	17	)	)	PUNCT
cjal-3228	633	18	,	,	PUNCT
cjal-3228	633	19	promulgated	promulgate	VERB
cjal-3228	633	20	by	by	ADP
cjal-3228	633	21	safe	safe	ADJ
cjal-3228	633	22	on	on	ADP
cjal-3228	633	23	and	and	CCONJ
cjal-3228	633	24	effective	effective	ADJ
cjal-3228	633	25	as	as	ADP
cjal-3228	633	26	of	of	ADP
cjal-3228	633	27	mar	mar	PROPN
cjal-3228	633	28	.	.	PROPN
cjal-3228	633	29	6	6	NUM
cjal-3228	633	30	,	,	PUNCT
cjal-3228	633	31	1989	1989	NUM
cjal-3228	633	32	,	,	PUNCT
cjal-3228	633	33	art	art	NOUN
cjal-3228	633	34	.	.	PUNCT
cjal-3228	634	1	3	3	X
cjal-3228	634	2	.	.	X
cjal-3228	634	3	117	117	NUM
cjal-3228	635	1	i	i	PROPN
cjal-3228	635	2	d.	d.	PROPN
cjal-3228	635	3	i	i	PRON
cjal-3228	635	4	d.	d.	PROPN
cjal-3228	635	5	art	art	PROPN
cjal-3228	635	6	.	.	PUNCT
cjal-3228	636	1	5	5	X
cjal-3228	636	2	.	.	PUNCT
cjal-3228	637	1	[	[	X
cjal-3228	637	2	17:2	17:2	NUM
cjal-3228	637	3	china	china	PROPN
cjal-3228	637	4	's	's	PART
cjal-3228	637	5	system	system	NOUN
cjal-3228	637	6	of	of	ADP
cjal-3228	637	7	foreign	foreign	ADJ
cjal-3228	637	8	exchange	exchange	NOUN
cjal-3228	637	9	evaluation	evaluation	NOUN
cjal-3228	637	10	and	and	CCONJ
cjal-3228	637	11	profit	profit	NOUN
cjal-3228	637	12	guarantee	guarantee	NOUN
cjal-3228	637	13	requirements	requirement	NOUN
cjal-3228	637	14	as	as	ADV
cjal-3228	637	15	well	well	ADV
cjal-3228	637	16	as	as	ADP
cjal-3228	637	17	simplify	simplify	VERB
cjal-3228	637	18	the	the	DET
cjal-3228	637	19	forex	forex	ADJ
cjal-3228	637	20	funds	fund	NOUN
cjal-3228	637	21	source	source	NOUN
cjal-3228	637	22	evaluation	evaluation	NOUN
cjal-3228	637	23	.	.	PUNCT
cjal-3228	638	1	"9	"9	PROPN
cjal-3228	638	2	however	however	ADV
cjal-3228	638	3	,	,	PUNCT
cjal-3228	638	4	notwithstanding	notwithstanding	ADP
cjal-3228	638	5	the	the	DET
cjal-3228	638	6	recent	recent	ADJ
cjal-3228	638	7	relaxations	relaxation	NOUN
cjal-3228	638	8	of	of	ADP
cjal-3228	638	9	safe	safe	ADJ
cjal-3228	638	10	supervision	supervision	NOUN
cjal-3228	638	11	over	over	ADP
cjal-3228	638	12	outbound	outbound	ADJ
cjal-3228	638	13	investments	investment	NOUN
cjal-3228	638	14	,	,	PUNCT
cjal-3228	638	15	all	all	DET
cjal-3228	638	16	such	such	ADJ
cjal-3228	638	17	investments	investment	NOUN
cjal-3228	638	18	still	still	ADV
cjal-3228	638	19	must	must	AUX
cjal-3228	638	20	gain	gain	VERB
cjal-3228	638	21	approval	approval	NOUN
cjal-3228	638	22	from	from	ADP
cjal-3228	638	23	a	a	DET
cjal-3228	638	24	national	national	ADJ
cjal-3228	638	25	administrative	administrative	ADJ
cjal-3228	638	26	bureau	bureau	PROPN
cjal-3228	638	27	(	(	PUNCT
cjal-3228	638	28	generally	generally	ADV
cjal-3228	638	29	,	,	PUNCT
cjal-3228	638	30	the	the	DET
cjal-3228	638	31	ministry	ministry	PROPN
cjal-3228	638	32	of	of	ADP
cjal-3228	638	33	commerce	commerce	PROPN
cjal-3228	638	34	or	or	CCONJ
cjal-3228	638	35	,	,	PUNCT
cjal-3228	638	36	in	in	ADP
cjal-3228	638	37	the	the	DET
cjal-3228	638	38	case	case	NOUN
cjal-3228	638	39	of	of	ADP
cjal-3228	638	40	setting	set	VERB
cjal-3228	638	41	up	up	ADP
cjal-3228	638	42	overseas	overseas	ADJ
cjal-3228	638	43	financial	financial	ADJ
cjal-3228	638	44	institutions	institution	NOUN
cjal-3228	638	45	,	,	PUNCT
cjal-3228	638	46	the	the	DET
cjal-3228	638	47	pbc	pbc	PROPN
cjal-3228	638	48	)	)	PUNCT
cjal-3228	638	49	.	.	PUNCT
cjal-3228	639	1	following	follow	VERB
cjal-3228	639	2	approval	approval	NOUN
cjal-3228	639	3	by	by	ADP
cjal-3228	639	4	the	the	DET
cjal-3228	639	5	relevant	relevant	ADJ
cjal-3228	639	6	government	government	NOUN
cjal-3228	639	7	bureau	bureau	NOUN
cjal-3228	639	8	,	,	PUNCT
cjal-3228	639	9	the	the	DET
cjal-3228	639	10	chinese	chinese	ADJ
cjal-3228	639	11	investor	investor	NOUN
cjal-3228	639	12	must	must	AUX
cjal-3228	639	13	then	then	ADV
cjal-3228	639	14	return	return	VERB
cjal-3228	639	15	to	to	ADP
cjal-3228	639	16	safe	safe	ADJ
cjal-3228	639	17	to	to	PART
cjal-3228	639	18	register	register	VERB
cjal-3228	639	19	the	the	DET
cjal-3228	639	20	investment	investment	NOUN
cjal-3228	639	21	before	before	ADP
cjal-3228	639	22	remitting	remit	VERB
cjal-3228	639	23	the	the	DET
cjal-3228	639	24	funds	fund	NOUN
cjal-3228	639	25	abroad	abroad	ADV
cjal-3228	639	26	.	.	PUNCT
cjal-3228	640	1	'20	'20	NUM
cjal-3228	640	2	in	in	ADP
cjal-3228	640	3	addition	addition	NOUN
cjal-3228	640	4	,	,	PUNCT
cjal-3228	640	5	all	all	PRON
cjal-3228	640	6	outward	outward	ADJ
cjal-3228	640	7	foreign	foreign	ADJ
cjal-3228	640	8	investments	investment	NOUN
cjal-3228	640	9	must	must	AUX
cjal-3228	640	10	submit	submit	VERB
cjal-3228	640	11	an	an	DET
cjal-3228	640	12	annual	annual	ADJ
cjal-3228	640	13	report	report	NOUN
cjal-3228	640	14	to	to	ADP
cjal-3228	640	15	safe	safe	ADJ
cjal-3228	640	16	and	and	CCONJ
cjal-3228	640	17	the	the	DET
cjal-3228	640	18	other	other	ADJ
cjal-3228	640	19	relevant	relevant	ADJ
cjal-3228	640	20	departments	department	NOUN
cjal-3228	640	21	on	on	ADP
cjal-3228	640	22	the	the	DET
cjal-3228	640	23	condition	condition	NOUN
cjal-3228	640	24	of	of	ADP
cjal-3228	640	25	the	the	DET
cjal-3228	640	26	foreign	foreign	ADJ
cjal-3228	640	27	investment	investment	NOUN
cjal-3228	640	28	.	.	PUNCT
cjal-3228	641	1	121	121	NUM
cjal-3228	641	2	finally	finally	ADV
cjal-3228	641	3	,	,	PUNCT
cjal-3228	641	4	all	all	DET
cjal-3228	641	5	earnings	earning	NOUN
cjal-3228	641	6	from	from	ADP
cjal-3228	641	7	the	the	DET
cjal-3228	641	8	foreign	foreign	ADJ
cjal-3228	641	9	investment	investment	NOUN
cjal-3228	641	10	must	must	AUX
cjal-3228	641	11	be	be	AUX
cjal-3228	641	12	repatriated	repatriate	VERB
cjal-3228	641	13	and	and	CCONJ
cjal-3228	641	14	converted	convert	VERB
cjal-3228	641	15	into	into	ADP
cjal-3228	641	16	rmb	rmb	NOUN
cjal-3228	641	17	within	within	ADP
cjal-3228	641	18	six	six	NUM
cjal-3228	641	19	months	month	NOUN
cjal-3228	641	20	of	of	ADP
cjal-3228	641	21	the	the	DET
cjal-3228	641	22	end	end	NOUN
cjal-3228	641	23	of	of	ADP
cjal-3228	641	24	the	the	DET
cjal-3228	641	25	company	company	NOUN
cjal-3228	641	26	's	's	PART
cjal-3228	641	27	fiscal	fiscal	ADJ
cjal-3228	641	28	year	year	NOUN
cjal-3228	641	29	,	,	PUNCT
cjal-3228	641	30	absent	absent	ADJ
cjal-3228	641	31	safe	safe	ADJ
cjal-3228	641	32	permission	permission	NOUN
cjal-3228	641	33	otherwise	otherwise	ADV
cjal-3228	641	34	.	.	PUNCT
cjal-3228	642	1	'22	'22	NUM
cjal-3228	642	2	v.	v.	ADP
cjal-3228	642	3	exchange	exchange	NOUN
cjal-3228	642	4	rate	rate	NOUN
cjal-3228	642	5	controls	control	NOUN
cjal-3228	642	6	a.	a.	NOUN
cjal-3228	642	7	the	the	DET
cjal-3228	642	8	pegged	peg	VERB
cjal-3228	642	9	exchange	exchange	NOUN
cjal-3228	642	10	rate	rate	NOUN
cjal-3228	642	11	since	since	SCONJ
cjal-3228	642	12	the	the	DET
cjal-3228	642	13	abolition	abolition	NOUN
cjal-3228	642	14	of	of	ADP
cjal-3228	642	15	the	the	DET
cjal-3228	642	16	dual	dual	ADJ
cjal-3228	642	17	exchange	exchange	NOUN
cjal-3228	642	18	rate	rate	NOUN
cjal-3228	642	19	system	system	NOUN
cjal-3228	642	20	and	and	CCONJ
cjal-3228	642	21	creation	creation	NOUN
cjal-3228	642	22	of	of	ADP
cjal-3228	642	23	the	the	DET
cjal-3228	642	24	interbank	interbank	NOUN
cjal-3228	642	25	market	market	NOUN
cjal-3228	642	26	in	in	ADP
cjal-3228	642	27	1994	1994	NUM
cjal-3228	642	28	,	,	PUNCT
cjal-3228	642	29	china	china	PROPN
cjal-3228	642	30	has	have	AUX
cjal-3228	642	31	operated	operate	VERB
cjal-3228	642	32	what	what	PRON
cjal-3228	642	33	it	it	PRON
cjal-3228	642	34	terms	term	VERB
cjal-3228	642	35	a	a	DET
cjal-3228	642	36	"	"	PUNCT
cjal-3228	642	37	managed	manage	VERB
cjal-3228	642	38	floating	float	VERB
cjal-3228	642	39	exchange	exchange	NOUN
cjal-3228	642	40	rate	rate	NOUN
cjal-3228	642	41	"	"	PUNCT
cjal-3228	642	42	(	(	PUNCT
cjal-3228	642	43	youguanli	youguanli	PROPN
cjal-3228	642	44	de	de	PROPN
cjal-3228	642	45	fudong	fudong	PROPN
cjal-3228	642	46	huilu	huilu	PROPN
cjal-3228	642	47	)	)	PUNCT
cjal-3228	642	48	.	.	PUNCT
cjal-3228	643	1	notwithstanding	notwithstanding	ADP
cjal-3228	643	2	the	the	DET
cjal-3228	643	3	rhetoric	rhetoric	NOUN
cjal-3228	643	4	of	of	ADP
cjal-3228	643	5	a	a	DET
cjal-3228	643	6	"	"	PUNCT
cjal-3228	643	7	managed	manage	VERB
cjal-3228	643	8	float	float	NOUN
cjal-3228	643	9	,	,	PUNCT
cjal-3228	643	10	"	"	PUNCT
cjal-3228	643	11	however	however	ADV
cjal-3228	643	12	,	,	PUNCT
cjal-3228	643	13	china	china	PROPN
cjal-3228	643	14	has	have	AUX
cjal-3228	643	15	in	in	ADP
cjal-3228	643	16	fact	fact	NOUN
cjal-3228	643	17	maintained	maintain	VERB
cjal-3228	643	18	a	a	DET
cjal-3228	643	19	hard	hard	ADJ
cjal-3228	643	20	nominal	nominal	ADJ
cjal-3228	643	21	exchange	exchange	NOUN
cjal-3228	643	22	rate	rate	NOUN
cjal-3228	643	23	peg	peg	NOUN
cjal-3228	643	24	between	between	ADP
cjal-3228	643	25	the	the	DET
cjal-3228	643	26	rmb	rmb	NOUN
cjal-3228	643	27	and	and	CCONJ
cjal-3228	643	28	the	the	DET
cjal-3228	643	29	u.s	u.s	PROPN
cjal-3228	643	30	.	.	PROPN
cjal-3228	643	31	dollar	dollar	NOUN
cjal-3228	643	32	since	since	SCONJ
cjal-3228	643	33	1995	1995	NUM
cjal-3228	643	34	.	.	PUNCT
cjal-3228	644	1	123	123	NUM
cjal-3228	644	2	that	that	PRON
cjal-3228	644	3	is	be	AUX
cjal-3228	644	4	to	to	PART
cjal-3228	644	5	say	say	VERB
cjal-3228	644	6	,	,	PUNCT
cjal-3228	644	7	the	the	DET
cjal-3228	644	8	usd	usd	PROPN
cjal-3228	644	9	/	/	SYM
cjal-3228	644	10	rmb	rmb	NOUN
cjal-3228	644	11	119	119	NUM
cjal-3228	644	12	see	see	VERB
cjal-3228	644	13	guojia	guojia	NOUN
cjal-3228	645	1	waihui	waihui	PROPN
cjal-3228	645	2	guanli	guanli	PROPN
cjal-3228	645	3	ju	ju	PROPN
cjal-3228	645	4	guanyu	guanyu	PROPN
cjal-3228	645	5	jianhua	jianhua	PROPN
cjal-3228	645	6	jingwai	jingwai	PROPN
cjal-3228	645	7	touzi	touzi	PROPN
cjal-3228	645	8	waihui	waihui	PROPN
cjal-3228	645	9	zijin	zijin	PROPN
cjal-3228	645	10	laiyuan	laiyuan	PROPN
cjal-3228	645	11	shencha	shencha	PROPN
cjal-3228	645	12	youguan	youguan	PROPN
cjal-3228	645	13	wenti	wenti	PROPN
cjal-3228	645	14	de	de	PROPN
cjal-3228	645	15	tongzhi	tongzhi	PROPN
cjal-3228	646	1	[	[	X
cjal-3228	646	2	safe	safe	ADJ
cjal-3228	646	3	notice	notice	NOUN
cjal-3228	646	4	concerning	concern	VERB
cjal-3228	646	5	questions	question	NOUN
cjal-3228	646	6	regarding	regard	VERB
cjal-3228	646	7	simplifying	simplify	VERB
cjal-3228	646	8	the	the	DET
cjal-3228	646	9	evaluation	evaluation	NOUN
cjal-3228	646	10	of	of	ADP
cjal-3228	646	11	the	the	DET
cjal-3228	646	12	use	use	NOUN
cjal-3228	646	13	of	of	ADP
cjal-3228	646	14	forex	forex	ADJ
cjal-3228	646	15	funds	fund	NOUN
cjal-3228	646	16	used	use	VERB
cjal-3228	646	17	for	for	ADP
cjal-3228	646	18	outward	outward	ADJ
cjal-3228	646	19	investment	investment	NOUN
cjal-3228	646	20	]	]	PUNCT
cjal-3228	646	21	,	,	PUNCT
cjal-3228	646	22	promulgated	promulgate	VERB
cjal-3228	646	23	by	by	ADP
cjal-3228	646	24	safe	safe	ADJ
cjal-3228	646	25	on	on	ADP
cjal-3228	646	26	march	march	PROPN
cjal-3228	646	27	19	19	NUM
cjal-3228	646	28	,	,	PUNCT
cjal-3228	646	29	2003	2003	NUM
cjal-3228	646	30	.	.	PUNCT
cjal-3228	647	1	120	120	NUM
cjal-3228	647	2	outward	outward	ADJ
cjal-3228	647	3	investment	investment	NOUN
cjal-3228	647	4	measures	measure	NOUN
cjal-3228	647	5	,	,	PUNCT
cjal-3228	647	6	supra	supra	ADJ
cjal-3228	647	7	note	note	NOUN
cjal-3228	647	8	116	116	NUM
cjal-3228	647	9	,	,	PUNCT
cjal-3228	647	10	art	art	NOUN
cjal-3228	647	11	.	.	PUNCT
cjal-3228	648	1	4	4	NUM
cjal-3228	648	2	.	.	NUM
cjal-3228	648	3	121	121	NUM
cjal-3228	649	1	i	i	PROPN
cjal-3228	649	2	d.	d.	PROPN
cjal-3228	649	3	art	art	NOUN
cjal-3228	649	4	.	.	PUNCT
cjal-3228	650	1	9	9	X
cjal-3228	650	2	.	.	X
cjal-3228	650	3	safe	safe	ADJ
cjal-3228	650	4	,	,	PUNCT
cjal-3228	650	5	in	in	ADP
cjal-3228	650	6	conjunction	conjunction	NOUN
cjal-3228	650	7	with	with	ADP
cjal-3228	650	8	the	the	DET
cjal-3228	650	9	ministry	ministry	PROPN
cjal-3228	650	10	of	of	ADP
cjal-3228	650	11	commerce	commerce	PROPN
cjal-3228	650	12	,	,	PUNCT
cjal-3228	650	13	has	have	AUX
cjal-3228	650	14	recently	recently	ADV
cjal-3228	650	15	instituted	institute	VERB
cjal-3228	650	16	an	an	DET
cjal-3228	650	17	electronic	electronic	ADJ
cjal-3228	650	18	annual	annual	ADJ
cjal-3228	650	19	inspection	inspection	NOUN
cjal-3228	650	20	process	process	NOUN
cjal-3228	650	21	for	for	ADP
cjal-3228	650	22	chinese	chinese	ADJ
cjal-3228	650	23	investors	investor	NOUN
cjal-3228	650	24	who	who	PRON
cjal-3228	650	25	establish	establish	VERB
cjal-3228	650	26	non	non	ADJ
cjal-3228	650	27	-	-	ADJ
cjal-3228	650	28	financial	financial	ADJ
cjal-3228	650	29	enterprises	enterprise	NOUN
cjal-3228	650	30	abroad	abroad	ADV
cjal-3228	650	31	.	.	PUNCT
cjal-3228	651	1	see	see	VERB
cjal-3228	651	2	jingwai	jingwai	PROPN
cjal-3228	651	3	touzi	touzi	PROPN
cjal-3228	651	4	lianhe	lianhe	VERB
cjal-3228	651	5	nianjian	nianjian	ADJ
cjal-3228	651	6	zanxing	zanxing	NOUN
cjal-3228	651	7	banfa	banfa	NOUN
cjal-3228	652	1	[	[	X
cjal-3228	652	2	provisional	provisional	ADJ
cjal-3228	652	3	measures	measure	NOUN
cjal-3228	652	4	on	on	ADP
cjal-3228	652	5	unified	unified	ADJ
cjal-3228	652	6	annual	annual	ADJ
cjal-3228	652	7	inspections	inspection	NOUN
cjal-3228	652	8	for	for	ADP
cjal-3228	652	9	outward	outward	ADJ
cjal-3228	652	10	investment	investment	NOUN
cjal-3228	652	11	]	]	PUNCT
cjal-3228	652	12	,	,	PUNCT
cjal-3228	652	13	promulgated	promulgate	VERB
cjal-3228	652	14	by	by	ADP
cjal-3228	652	15	moftec	moftec	ADJ
cjal-3228	652	16	and	and	CCONJ
cjal-3228	652	17	safe	safe	ADJ
cjal-3228	652	18	on	on	ADP
cjal-3228	652	19	nov	nov	PROPN
cjal-3228	652	20	.	.	PROPN
cjal-3228	652	21	27	27	NUM
cjal-3228	652	22	,	,	PUNCT
cjal-3228	652	23	2002	2002	NUM
cjal-3228	652	24	and	and	CCONJ
cjal-3228	652	25	effective	effective	ADJ
cjal-3228	652	26	as	as	ADP
cjal-3228	652	27	of	of	ADP
cjal-3228	652	28	jan	jan	PROPN
cjal-3228	652	29	.	.	PROPN
cjal-3228	652	30	1	1	NUM
cjal-3228	652	31	,	,	PUNCT
cjal-3228	652	32	2003	2003	NUM
cjal-3228	652	33	.	.	PUNCT
cjal-3228	653	1	122	122	NUM
cjal-3228	653	2	jingwai	jingwai	NOUN
cjal-3228	653	3	touzi	touzi	PROPN
cjal-3228	653	4	waihui	waihui	PROPN
cjal-3228	653	5	guanli	guanli	PROPN
cjal-3228	653	6	banfa	banfa	PROPN
cjal-3228	653	7	xize	xize	PROPN
cjal-3228	654	1	[	[	X
cjal-3228	654	2	detailed	detailed	ADJ
cjal-3228	654	3	rules	rule	NOUN
cjal-3228	654	4	for	for	ADP
cjal-3228	654	5	administrative	administrative	ADJ
cjal-3228	654	6	measures	measure	NOUN
cjal-3228	654	7	on	on	ADP
cjal-3228	654	8	management	management	NOUN
cjal-3228	654	9	of	of	ADP
cjal-3228	654	10	foreign	foreign	ADJ
cjal-3228	654	11	exchange	exchange	NOUN
cjal-3228	654	12	for	for	ADP
cjal-3228	654	13	outward	outward	ADJ
cjal-3228	654	14	investment	investment	NOUN
cjal-3228	654	15	]	]	PUNCT
cjal-3228	654	16	,	,	PUNCT
cjal-3228	654	17	promulgated	promulgate	VERB
cjal-3228	654	18	by	by	ADP
cjal-3228	654	19	safe	safe	ADJ
cjal-3228	654	20	on	on	ADP
cjal-3228	654	21	and	and	CCONJ
cjal-3228	654	22	effective	effective	ADJ
cjal-3228	654	23	as	as	ADP
cjal-3228	654	24	of	of	ADP
cjal-3228	654	25	june	june	PROPN
cjal-3228	654	26	26	26	NUM
cjal-3228	654	27	,	,	PUNCT
cjal-3228	654	28	1990	1990	NUM
cjal-3228	654	29	,	,	PUNCT
cjal-3228	654	30	art	art	NOUN
cjal-3228	654	31	.	.	PUNCT
cjal-3228	655	1	15	15	NUM
cjal-3228	655	2	.	.	PUNCT
cjal-3228	656	1	according	accord	VERB
cjal-3228	656	2	to	to	ADP
cjal-3228	656	3	article	article	NOUN
cjal-3228	656	4	6(7	6(7	NUM
cjal-3228	656	5	)	)	PUNCT
cjal-3228	656	6	of	of	ADP
cjal-3228	656	7	the	the	DET
cjal-3228	656	8	forex	forex	ADJ
cjal-3228	656	9	settlement	settlement	NOUN
cjal-3228	656	10	provisions	provision	NOUN
cjal-3228	656	11	,	,	PUNCT
cjal-3228	656	12	profits	profit	NOUN
cjal-3228	656	13	on	on	ADP
cjal-3228	656	14	outward	outward	ADJ
cjal-3228	656	15	foreign	foreign	ADJ
cjal-3228	656	16	investments	investment	NOUN
cjal-3228	656	17	are	be	AUX
cjal-3228	656	18	current	current	ADJ
cjal-3228	656	19	account	account	NOUN
cjal-3228	656	20	earnings	earning	NOUN
cjal-3228	656	21	,	,	PUNCT
cjal-3228	656	22	and	and	CCONJ
cjal-3228	656	23	thus	thus	ADV
cjal-3228	656	24	repatriation	repatriation	NOUN
cjal-3228	656	25	does	do	AUX
cjal-3228	656	26	not	not	PART
cjal-3228	656	27	need	need	VERB
cjal-3228	656	28	re	re	NOUN
cjal-3228	656	29	-	-	VERB
cjal-3228	656	30	approval	approval	NOUN
cjal-3228	656	31	by	by	ADP
cjal-3228	656	32	safe	safe	ADJ
cjal-3228	656	33	.	.	PUNCT
cjal-3228	656	34	2	2	NUM
cjal-3228	656	35	following	follow	VERB
cjal-3228	656	36	the	the	DET
cjal-3228	656	37	1994	1994	NUM
cjal-3228	656	38	reforms	reform	NOUN
cjal-3228	656	39	,	,	PUNCT
cjal-3228	656	40	the	the	DET
cjal-3228	656	41	rmb	rmb	PROPN
cjal-3228	656	42	exchange	exchange	NOUN
cjal-3228	656	43	rate	rate	NOUN
cjal-3228	656	44	was	be	AUX
cjal-3228	656	45	initially	initially	ADV
cjal-3228	656	46	allowed	allow	VERB
cjal-3228	656	47	to	to	PART
cjal-3228	656	48	fluctuate	fluctuate	VERB
cjal-3228	656	49	fairly	fairly	ADV
cjal-3228	656	50	substantially	substantially	ADV
cjal-3228	656	51	,	,	PUNCT
cjal-3228	656	52	although	although	SCONJ
cjal-3228	656	53	subject	subject	ADJ
cjal-3228	656	54	to	to	ADP
cjal-3228	656	55	central	central	ADJ
cjal-3228	656	56	bank	bank	NOUN
cjal-3228	656	57	intervention	intervention	NOUN
cjal-3228	656	58	.	.	PUNCT
cjal-3228	657	1	in	in	ADP
cjal-3228	657	2	1995	1995	NUM
cjal-3228	657	3	,	,	PUNCT
cjal-3228	657	4	after	after	ADP
cjal-3228	657	5	allowing	allow	VERB
cjal-3228	657	6	the	the	DET
cjal-3228	657	7	rmb	rmb	NOUN
cjal-3228	657	8	to	to	PART
cjal-3228	657	9	appreciate	appreciate	VERB
cjal-3228	657	10	to	to	ADP
cjal-3228	657	11	8.3	8.3	NUM
cjal-3228	657	12	to	to	ADP
cjal-3228	657	13	the	the	DET
cjal-3228	657	14	dollar	dollar	NOUN
cjal-3228	657	15	,	,	PUNCT
cjal-3228	657	16	the	the	DET
cjal-3228	657	17	central	central	ADJ
cjal-3228	657	18	bank	bank	NOUN
cjal-3228	657	19	began	begin	VERB
cjal-3228	657	20	to	to	PART
cjal-3228	657	21	intervene	intervene	VERB
cjal-3228	657	22	more	more	ADV
cjal-3228	657	23	heavily	heavily	ADV
cjal-3228	657	24	to	to	PART
cjal-3228	657	25	prevent	prevent	VERB
cjal-3228	657	26	any	any	DET
cjal-3228	657	27	further	further	ADJ
cjal-3228	657	28	significant	significant	ADJ
cjal-3228	657	29	fluctuations	fluctuation	NOUN
cjal-3228	657	30	.	.	PUNCT
cjal-3228	658	1	2004	2004	NUM
cjal-3228	658	2	]	]	PUNCT
cjal-3228	658	3	columbia	columbia	PROPN
cjal-3228	658	4	journal	journal	PROPN
cjal-3228	658	5	of	of	ADP
cjal-3228	658	6	asian	asian	ADJ
cjal-3228	658	7	law	law	NOUN
cjal-3228	658	8	exchange	exchange	NOUN
cjal-3228	658	9	rate	rate	NOUN
cjal-3228	658	10	has	have	AUX
cjal-3228	658	11	not	not	PART
cjal-3228	658	12	been	be	AUX
cjal-3228	658	13	allowed	allow	VERB
cjal-3228	658	14	to	to	PART
cjal-3228	658	15	move	move	VERB
cjal-3228	658	16	much	much	ADV
cjal-3228	658	17	around	around	ADP
cjal-3228	658	18	a	a	DET
cjal-3228	658	19	single	single	ADJ
cjal-3228	658	20	nominal	nominal	ADJ
cjal-3228	658	21	rate	rate	NOUN
cjal-3228	658	22	determined	determine	VERB
cjal-3228	658	23	to	to	PART
cjal-3228	658	24	be	be	AUX
cjal-3228	658	25	appropriate	appropriate	ADJ
cjal-3228	658	26	by	by	ADP
cjal-3228	658	27	the	the	DET
cjal-3228	658	28	government	government	NOUN
cjal-3228	658	29	.	.	PUNCT
cjal-3228	659	1	since	since	SCONJ
cjal-3228	659	2	1997	1997	NUM
cjal-3228	659	3	,	,	PUNCT
cjal-3228	659	4	this	this	DET
cjal-3228	659	5	pegged	peg	VERB
cjal-3228	659	6	rate	rate	NOUN
cjal-3228	659	7	has	have	AUX
cjal-3228	659	8	been	be	AUX
cjal-3228	659	9	set	set	VERB
cjal-3228	659	10	at	at	ADP
cjal-3228	659	11	the	the	DET
cjal-3228	659	12	auspicious	auspicious	ADJ
cjal-3228	659	13	sounding	sound	VERB
cjal-3228	659	14	number	number	NOUN
cjal-3228	659	15	of	of	ADP
cjal-3228	659	16	8.28.124	8.28.124	PROPN
cjal-3228	659	17	as	as	ADP
cjal-3228	659	18	a	a	DET
cjal-3228	659	19	nominal	nominal	ADJ
cjal-3228	659	20	peg	peg	NOUN
cjal-3228	659	21	,	,	PUNCT
cjal-3228	659	22	the	the	DET
cjal-3228	659	23	real	real	ADJ
cjal-3228	659	24	(	(	PUNCT
cjal-3228	659	25	i.e.	i.e.	X
cjal-3228	659	26	inflation	inflation	NOUN
cjal-3228	659	27	-	-	PUNCT
cjal-3228	659	28	adjusted	adjust	VERB
cjal-3228	659	29	)	)	PUNCT
cjal-3228	659	30	exchange	exchange	NOUN
cjal-3228	659	31	rate	rate	NOUN
cjal-3228	659	32	may	may	AUX
cjal-3228	659	33	still	still	ADV
cjal-3228	659	34	fluctuate	fluctuate	VERB
cjal-3228	659	35	substantially	substantially	ADV
cjal-3228	659	36	.	.	PUNCT
cjal-3228	660	1	12	12	NUM
cjal-3228	660	2	5	5	NUM
cjal-3228	660	3	as	as	ADP
cjal-3228	660	4	a	a	DET
cjal-3228	660	5	u.s	u.s	PROPN
cjal-3228	660	6	.	.	PROPN
cjal-3228	660	7	dollar	dollar	NOUN
cjal-3228	660	8	peg	peg	NOUN
cjal-3228	660	9	,	,	PUNCT
cjal-3228	660	10	both	both	CCONJ
cjal-3228	660	11	the	the	DET
cjal-3228	660	12	nominal	nominal	ADJ
cjal-3228	660	13	and	and	CCONJ
cjal-3228	660	14	real	real	ADJ
cjal-3228	660	15	exchange	exchange	NOUN
cjal-3228	660	16	rates	rate	NOUN
cjal-3228	660	17	of	of	ADP
cjal-3228	660	18	the	the	DET
cjal-3228	660	19	rmb	rmb	NOUN
cjal-3228	660	20	to	to	ADP
cjal-3228	660	21	currencies	currency	NOUN
cjal-3228	660	22	other	other	ADJ
cjal-3228	660	23	than	than	ADP
cjal-3228	660	24	the	the	DET
cjal-3228	660	25	u.s	u.s	PROPN
cjal-3228	660	26	.	.	PROPN
cjal-3228	660	27	dollar	dollar	NOUN
cjal-3228	660	28	are	be	AUX
cjal-3228	660	29	allowed	allow	VERB
cjal-3228	660	30	to	to	PART
cjal-3228	660	31	float	float	VERB
cjal-3228	660	32	relatively	relatively	ADV
cjal-3228	660	33	freely	freely	ADV
cjal-3228	660	34	.	.	PUNCT
cjal-3228	661	1	in	in	ADP
cjal-3228	661	2	fact	fact	NOUN
cjal-3228	661	3	,	,	PUNCT
cjal-3228	661	4	the	the	DET
cjal-3228	661	5	rmb	rmb	NOUN
cjal-3228	661	6	's	's	PART
cjal-3228	661	7	trade	trade	NOUN
cjal-3228	661	8	-	-	PUNCT
cjal-3228	661	9	weighted	weight	VERB
cjal-3228	661	10	real	real	ADJ
cjal-3228	661	11	exchange	exchange	NOUN
cjal-3228	661	12	rate	rate	NOUN
cjal-3228	661	13	(	(	PUNCT
cjal-3228	661	14	the	the	DET
cjal-3228	661	15	so	so	ADV
cjal-3228	661	16	-	-	PUNCT
cjal-3228	661	17	called	call	VERB
cjal-3228	661	18	real	real	ADJ
cjal-3228	661	19	effective	effective	ADJ
cjal-3228	661	20	exchange	exchange	NOUN
cjal-3228	661	21	rate	rate	NOUN
cjal-3228	661	22	)	)	PUNCT
cjal-3228	661	23	appreciated	appreciate	VERB
cjal-3228	661	24	by	by	ADP
cjal-3228	661	25	more	more	ADJ
cjal-3228	661	26	than	than	ADP
cjal-3228	661	27	20	20	NUM
cjal-3228	661	28	%	%	NOUN
cjal-3228	661	29	between	between	ADP
cjal-3228	661	30	1995	1995	NUM
cjal-3228	661	31	and	and	CCONJ
cjal-3228	661	32	2002	2002	NUM
cjal-3228	661	33	.	.	PUNCT
cjal-3228	662	1	126	126	NUM
cjal-3228	662	2	it	it	PRON
cjal-3228	662	3	is	be	AUX
cjal-3228	662	4	important	important	ADJ
cjal-3228	662	5	to	to	PART
cjal-3228	662	6	note	note	VERB
cjal-3228	662	7	that	that	SCONJ
cjal-3228	662	8	the	the	DET
cjal-3228	662	9	rmb	rmb	NOUN
cjal-3228	662	10	peg	peg	NOUN
cjal-3228	662	11	is	be	AUX
cjal-3228	662	12	not	not	PART
cjal-3228	662	13	established	establish	VERB
cjal-3228	662	14	by	by	ADP
cjal-3228	662	15	law	law	NOUN
cjal-3228	662	16	.	.	PUNCT
cjal-3228	663	1	rather	rather	ADV
cjal-3228	663	2	,	,	PUNCT
cjal-3228	663	3	the	the	DET
cjal-3228	663	4	peg	peg	NOUN
cjal-3228	663	5	is	be	AUX
cjal-3228	663	6	a	a	DET
cjal-3228	663	7	policy	policy	NOUN
cjal-3228	663	8	decision	decision	NOUN
cjal-3228	663	9	,	,	PUNCT
cjal-3228	663	10	maintained	maintain	VERB
cjal-3228	663	11	through	through	ADP
cjal-3228	663	12	a	a	DET
cjal-3228	663	13	combination	combination	NOUN
cjal-3228	663	14	of	of	ADP
cjal-3228	663	15	two	two	NUM
cjal-3228	663	16	government	government	NOUN
cjal-3228	663	17	tools	tool	NOUN
cjal-3228	663	18	:	:	PUNCT
cjal-3228	663	19	1	1	X
cjal-3228	663	20	.	.	X
cjal-3228	663	21	regulation	regulation	NOUN
cjal-3228	663	22	of	of	ADP
cjal-3228	663	23	foreign	foreign	ADJ
cjal-3228	663	24	exchange	exchange	NOUN
cjal-3228	663	25	trading	trading	NOUN
cjal-3228	663	26	,	,	PUNCT
cjal-3228	663	27	and	and	CCONJ
cjal-3228	663	28	2	2	X
cjal-3228	663	29	.	.	X
cjal-3228	663	30	central	central	ADJ
cjal-3228	663	31	bank	bank	NOUN
cjal-3228	663	32	intervention	intervention	NOUN
cjal-3228	663	33	in	in	ADP
cjal-3228	663	34	the	the	DET
cjal-3228	663	35	foreign	foreign	ADJ
cjal-3228	663	36	exchange	exchange	NOUN
cjal-3228	663	37	market	market	NOUN
cjal-3228	663	38	.	.	PUNCT
cjal-3228	664	1	while	while	SCONJ
cjal-3228	664	2	the	the	DET
cjal-3228	664	3	regulation	regulation	NOUN
cjal-3228	664	4	of	of	ADP
cjal-3228	664	5	forex	forex	ADJ
cjal-3228	664	6	trading	trading	NOUN
cjal-3228	664	7	limits	limit	VERB
cjal-3228	664	8	the	the	DET
cjal-3228	664	9	potential	potential	ADJ
cjal-3228	664	10	volatility	volatility	NOUN
cjal-3228	664	11	of	of	ADP
cjal-3228	664	12	exchange	exchange	NOUN
cjal-3228	664	13	rate	rate	NOUN
cjal-3228	664	14	movements	movement	NOUN
cjal-3228	664	15	,	,	PUNCT
cjal-3228	664	16	the	the	DET
cjal-3228	664	17	actual	actual	ADJ
cjal-3228	664	18	exchange	exchange	NOUN
cjal-3228	664	19	rate	rate	NOUN
cjal-3228	664	20	is	be	AUX
cjal-3228	664	21	determined	determine	VERB
cjal-3228	664	22	primarily	primarily	ADV
cjal-3228	664	23	by	by	ADP
cjal-3228	664	24	the	the	DET
cjal-3228	664	25	degree	degree	NOUN
cjal-3228	664	26	to	to	PART
cjal-3228	664	27	which	which	PRON
cjal-3228	664	28	the	the	DET
cjal-3228	664	29	central	central	ADJ
cjal-3228	664	30	bank	bank	NOUN
cjal-3228	664	31	intervenes	intervene	VERB
cjal-3228	664	32	in	in	ADP
cjal-3228	664	33	the	the	DET
cjal-3228	664	34	interbank	interbank	NOUN
cjal-3228	664	35	market	market	NOUN
cjal-3228	664	36	.	.	PUNCT
cjal-3228	665	1	since	since	SCONJ
cjal-3228	665	2	the	the	DET
cjal-3228	665	3	degree	degree	NOUN
cjal-3228	665	4	of	of	ADP
cjal-3228	665	5	central	central	ADJ
cjal-3228	665	6	bank	bank	NOUN
cjal-3228	665	7	intervention	intervention	NOUN
cjal-3228	665	8	is	be	AUX
cjal-3228	665	9	not	not	PART
cjal-3228	665	10	a	a	DET
cjal-3228	665	11	legally	legally	ADV
cjal-3228	665	12	determined	determined	ADJ
cjal-3228	665	13	phenomenon	phenomenon	NOUN
cjal-3228	665	14	,	,	PUNCT
cjal-3228	665	15	but	but	CCONJ
cjal-3228	665	16	rather	rather	ADV
cjal-3228	665	17	a	a	DET
cjal-3228	665	18	political	political	ADJ
cjal-3228	665	19	decision	decision	NOUN
cjal-3228	665	20	,	,	PUNCT
cjal-3228	665	21	the	the	DET
cjal-3228	665	22	peg	peg	NOUN
cjal-3228	665	23	could	could	AUX
cjal-3228	665	24	be	be	AUX
cjal-3228	665	25	abandoned	abandon	VERB
cjal-3228	665	26	without	without	ADP
cjal-3228	665	27	any	any	DET
cjal-3228	665	28	change	change	NOUN
cjal-3228	665	29	to	to	ADP
cjal-3228	665	30	the	the	DET
cjal-3228	665	31	current	current	ADJ
cjal-3228	665	32	legal	legal	ADJ
cjal-3228	665	33	or	or	CCONJ
cjal-3228	665	34	regulatory	regulatory	ADJ
cjal-3228	665	35	regime	regime	NOUN
cjal-3228	665	36	.	.	PUNCT
cjal-3228	666	1	although	although	SCONJ
cjal-3228	666	2	maintaining	maintain	VERB
cjal-3228	666	3	a	a	DET
cjal-3228	666	4	hard	hard	ADJ
cjal-3228	666	5	peg	peg	NOUN
cjal-3228	666	6	is	be	AUX
cjal-3228	666	7	a	a	DET
cjal-3228	666	8	policy	policy	NOUN
cjal-3228	666	9	decision	decision	NOUN
cjal-3228	666	10	,	,	PUNCT
cjal-3228	666	11	china	china	PROPN
cjal-3228	666	12	's	's	PART
cjal-3228	666	13	restrictions	restriction	NOUN
cjal-3228	666	14	on	on	ADP
cjal-3228	666	15	the	the	DET
cjal-3228	666	16	supply	supply	NOUN
cjal-3228	666	17	and	and	CCONJ
cjal-3228	666	18	demand	demand	NOUN
cjal-3228	666	19	of	of	ADP
cjal-3228	666	20	foreign	foreign	ADJ
cjal-3228	666	21	currency	currency	NOUN
cjal-3228	666	22	discussed	discuss	VERB
cjal-3228	666	23	in	in	ADP
cjal-3228	666	24	section	section	NOUN
cjal-3228	666	25	iv	iv	ADP
cjal-3228	666	26	above	above	ADP
cjal-3228	666	27	essentially	essentially	ADV
cjal-3228	666	28	necessitate	necessitate	ADJ
cjal-3228	666	29	heavy	heavy	ADJ
cjal-3228	666	30	regulation	regulation	NOUN
cjal-3228	666	31	of	of	ADP
cjal-3228	666	32	and	and	CCONJ
cjal-3228	666	33	intervention	intervention	NOUN
cjal-3228	666	34	in	in	ADP
cjal-3228	666	35	the	the	DET
cjal-3228	666	36	foreign	foreign	ADJ
cjal-3228	666	37	exchange	exchange	NOUN
cjal-3228	666	38	market	market	NOUN
cjal-3228	666	39	.	.	PUNCT
cjal-3228	667	1	restrictions	restriction	NOUN
cjal-3228	667	2	on	on	ADP
cjal-3228	667	3	capital	capital	NOUN
cjal-3228	667	4	flows	flow	NOUN
cjal-3228	667	5	,	,	PUNCT
cjal-3228	667	6	in	in	ADP
cjal-3228	667	7	particular	particular	ADJ
cjal-3228	667	8	capital	capital	NOUN
cjal-3228	667	9	outflows	outflow	NOUN
cjal-3228	667	10	,	,	PUNCT
cjal-3228	667	11	have	have	AUX
cjal-3228	667	12	resulted	result	VERB
cjal-3228	667	13	in	in	ADP
cjal-3228	667	14	a	a	DET
cjal-3228	667	15	severe	severe	ADJ
cjal-3228	667	16	distortion	distortion	NOUN
cjal-3228	667	17	of	of	ADP
cjal-3228	667	18	the	the	DET
cjal-3228	667	19	supply	supply	NOUN
cjal-3228	667	20	and	and	CCONJ
cjal-3228	667	21	demand	demand	NOUN
cjal-3228	667	22	of	of	ADP
cjal-3228	667	23	foreign	foreign	ADJ
cjal-3228	667	24	currency	currency	NOUN
cjal-3228	667	25	and	and	CCONJ
cjal-3228	667	26	created	create	VERB
cjal-3228	667	27	a	a	DET
cjal-3228	667	28	chronic	chronic	ADJ
cjal-3228	667	29	oversupply	oversupply	NOUN
cjal-3228	667	30	of	of	ADP
cjal-3228	667	31	foreign	foreign	ADJ
cjal-3228	667	32	currency	currency	NOUN
cjal-3228	667	33	in	in	ADP
cjal-3228	667	34	the	the	DET
cjal-3228	667	35	interbank	interbank	NOUN
cjal-3228	667	36	market	market	NOUN
cjal-3228	667	37	.	.	PUNCT
cjal-3228	668	1	absent	absent	ADJ
cjal-3228	668	2	central	central	ADJ
cjal-3228	668	3	bank	bank	NOUN
cjal-3228	668	4	intervention	intervention	NOUN
cjal-3228	668	5	,	,	PUNCT
cjal-3228	668	6	the	the	DET
cjal-3228	668	7	oversupply	oversupply	NOUN
cjal-3228	668	8	of	of	ADP
cjal-3228	668	9	foreign	foreign	ADJ
cjal-3228	668	10	currency	currency	NOUN
cjal-3228	668	11	would	would	AUX
cjal-3228	668	12	lead	lead	VERB
cjal-3228	668	13	to	to	ADP
cjal-3228	668	14	a	a	DET
cjal-3228	668	15	124	124	NUM
cjal-3228	668	16	see	see	NOUN
cjal-3228	668	17	renminbi	renminbi	NOUN
cjal-3228	668	18	jizhun	jizhun	PROPN
cjal-3228	668	19	huijia	huijia	PROPN
cjal-3228	668	20	huizongbiao	huizongbiao	PROPN
cjal-3228	668	21	[	[	X
cjal-3228	668	22	rmb	rmb	NOUN
cjal-3228	668	23	reference	reference	NOUN
cjal-3228	668	24	rate	rate	NOUN
cjal-3228	668	25	table	table	NOUN
cjal-3228	668	26	]	]	PUNCT
cjal-3228	668	27	,	,	PUNCT
cjal-3228	668	28	www.safe.gov.cn/0430/tjsj.jsp?c-t=3	www.safe.gov.cn/0430/tjsj.jsp?c-t=3	X
cjal-3228	668	29	.	.	PUNCT
cjal-3228	669	1	the	the	DET
cjal-3228	669	2	pronunciation	pronunciation	NOUN
cjal-3228	669	3	of	of	ADP
cjal-3228	669	4	8.28	8.28	NUM
cjal-3228	669	5	in	in	ADP
cjal-3228	669	6	chinese	chinese	PROPN
cjal-3228	669	7	(	(	PUNCT
cjal-3228	669	8	ba	ba	NOUN
cjal-3228	669	9	-	-	PUNCT
cjal-3228	669	10	er	er	INTJ
cjal-3228	669	11	-	-	PUNCT
cjal-3228	669	12	ba	ba	NOUN
cjal-3228	669	13	)	)	PUNCT
cjal-3228	669	14	has	have	VERB
cjal-3228	669	15	a	a	DET
cjal-3228	669	16	similar	similar	ADJ
cjal-3228	669	17	pronunciation	pronunciation	NOUN
cjal-3228	669	18	to	to	ADP
cjal-3228	669	19	the	the	DET
cjal-3228	669	20	characters	character	NOUN
cjal-3228	669	21	meaning	mean	VERB
cjal-3228	669	22	"	"	PUNCT
cjal-3228	669	23	prosperity	prosperity	NOUN
cjal-3228	669	24	leads	lead	VERB
cjal-3228	669	25	to	to	ADP
cjal-3228	669	26	prosperity	prosperity	NOUN
cjal-3228	669	27	.	.	PUNCT
cjal-3228	669	28	"	"	PUNCT
cjal-3228	670	1	given	give	VERB
cjal-3228	670	2	the	the	DET
cjal-3228	670	3	relatively	relatively	ADV
cjal-3228	670	4	strong	strong	ADJ
cjal-3228	670	5	vropensity	vropensity	NOUN
cjal-3228	670	6	for	for	ADP
cjal-3228	670	7	numerology	numerology	NOUN
cjal-3228	670	8	in	in	ADP
cjal-3228	670	9	chinese	chinese	ADJ
cjal-3228	670	10	culture	culture	NOUN
cjal-3228	670	11	,	,	PUNCT
cjal-3228	670	12	it	it	PRON
cjal-3228	670	13	is	be	AUX
cjal-3228	670	14	unlikely	unlikely	ADJ
cjal-3228	670	15	that	that	SCONJ
cjal-3228	670	16	this	this	DET
cjal-3228	670	17	number	number	NOUN
cjal-3228	670	18	was	be	AUX
cjal-3228	670	19	chosen	choose	VERB
cjal-3228	670	20	arbitrarily	arbitrarily	ADV
cjal-3228	670	21	.	.	PUNCT
cjal-3228	671	1	theoretically	theoretically	ADV
cjal-3228	671	2	,	,	PUNCT
cjal-3228	671	3	the	the	DET
cjal-3228	671	4	real	real	ADJ
cjal-3228	671	5	exchange	exchange	NOUN
cjal-3228	671	6	rate	rate	NOUN
cjal-3228	671	7	is	be	AUX
cjal-3228	671	8	more	more	ADV
cjal-3228	671	9	indicative	indicative	ADJ
cjal-3228	671	10	of	of	ADP
cjal-3228	671	11	movements	movement	NOUN
cjal-3228	671	12	in	in	ADP
cjal-3228	671	13	relative	relative	ADJ
cjal-3228	671	14	cost	cost	NOUN
cjal-3228	671	15	-	-	PUNCT
cjal-3228	671	16	competitiveness	competitiveness	NOUN
cjal-3228	671	17	than	than	ADP
cjal-3228	671	18	the	the	DET
cjal-3228	671	19	nominal	nominal	ADJ
cjal-3228	671	20	rate	rate	NOUN
cjal-3228	671	21	,	,	PUNCT
cjal-3228	671	22	but	but	CCONJ
cjal-3228	671	23	most	most	ADJ
cjal-3228	671	24	of	of	ADP
cjal-3228	671	25	the	the	DET
cjal-3228	671	26	advantages	advantage	NOUN
cjal-3228	671	27	of	of	ADP
cjal-3228	671	28	nominal	nominal	ADJ
cjal-3228	671	29	exchange	exchange	NOUN
cjal-3228	671	30	rate	rate	NOUN
cjal-3228	671	31	pegs	peg	NOUN
cjal-3228	671	32	posited	posit	VERB
cjal-3228	671	33	later	later	ADV
cjal-3228	671	34	in	in	ADP
cjal-3228	671	35	this	this	DET
cjal-3228	671	36	section	section	NOUN
cjal-3228	671	37	would	would	AUX
cjal-3228	671	38	not	not	PART
cjal-3228	671	39	apply	apply	VERB
cjal-3228	671	40	to	to	ADP
cjal-3228	671	41	real	real	ADJ
cjal-3228	671	42	exchange	exchange	NOUN
cjal-3228	671	43	rate	rate	NOUN
cjal-3228	671	44	pegs	peg	NOUN
cjal-3228	671	45	.	.	PUNCT
cjal-3228	672	1	international	international	ADJ
cjal-3228	672	2	monetary	monetary	ADJ
cjal-3228	672	3	fund	fund	PROPN
cjal-3228	672	4	,	,	PUNCT
cjal-3228	672	5	international	international	ADJ
cjal-3228	672	6	financial	financial	ADJ
cjal-3228	672	7	statistics	statistic	NOUN
cjal-3228	672	8	(	(	PUNCT
cjal-3228	672	9	2003	2003	NUM
cjal-3228	672	10	)	)	PUNCT
cjal-3228	672	11	.	.	PUNCT
cjal-3228	673	1	[	[	X
cjal-3228	673	2	17:2	17:2	NUM
cjal-3228	673	3	china	china	PROPN
cjal-3228	673	4	's	's	PART
cjal-3228	673	5	system	system	NOUN
cjal-3228	673	6	of	of	ADP
cjal-3228	673	7	foreign	foreign	ADJ
cjal-3228	673	8	exchange	exchange	NOUN
cjal-3228	673	9	structurally	structurally	ADV
cjal-3228	673	10	overvalued	overvalue	VERB
cjal-3228	673	11	rmb	rmb	NOUN
cjal-3228	673	12	exchange	exchange	NOUN
cjal-3228	673	13	rate	rate	NOUN
cjal-3228	673	14	,	,	PUNCT
cjal-3228	673	15	which	which	PRON
cjal-3228	673	16	could	could	AUX
cjal-3228	673	17	have	have	VERB
cjal-3228	673	18	a	a	DET
cjal-3228	673	19	severely	severely	ADV
cjal-3228	673	20	negative	negative	ADJ
cjal-3228	673	21	impact	impact	NOUN
cjal-3228	673	22	on	on	ADP
cjal-3228	673	23	china	china	PROPN
cjal-3228	673	24	's	's	PART
cjal-3228	673	25	economic	economic	ADJ
cjal-3228	673	26	development	development	NOUN
cjal-3228	673	27	.	.	PUNCT
cjal-3228	674	1	as	as	ADP
cjal-3228	674	2	a	a	DET
cjal-3228	674	3	result	result	NOUN
cjal-3228	674	4	,	,	PUNCT
cjal-3228	674	5	so	so	ADV
cjal-3228	674	6	long	long	ADV
cjal-3228	674	7	as	as	SCONJ
cjal-3228	674	8	heavy	heavy	ADJ
cjal-3228	674	9	capital	capital	NOUN
cjal-3228	674	10	account	account	NOUN
cjal-3228	674	11	restrictions	restriction	NOUN
cjal-3228	674	12	are	be	AUX
cjal-3228	674	13	maintained	maintain	VERB
cjal-3228	674	14	,	,	PUNCT
cjal-3228	674	15	the	the	DET
cjal-3228	674	16	government	government	NOUN
cjal-3228	674	17	must	must	AUX
cjal-3228	674	18	determine	determine	VERB
cjal-3228	674	19	itself	itself	PRON
cjal-3228	674	20	the	the	DET
cjal-3228	674	21	fair	fair	ADJ
cjal-3228	674	22	exchange	exchange	NOUN
cjal-3228	674	23	rate	rate	NOUN
cjal-3228	674	24	for	for	ADP
cjal-3228	674	25	the	the	DET
cjal-3228	674	26	rmb	rmb	NOUN
cjal-3228	674	27	and	and	CCONJ
cjal-3228	674	28	absorb	absorb	VERB
cjal-3228	674	29	the	the	DET
cjal-3228	674	30	excess	excess	ADJ
cjal-3228	674	31	foreign	foreign	ADJ
cjal-3228	674	32	currency	currency	NOUN
cjal-3228	674	33	through	through	ADP
cjal-3228	674	34	central	central	ADJ
cjal-3228	674	35	bank	bank	NOUN
cjal-3228	674	36	intervention	intervention	NOUN
cjal-3228	674	37	in	in	ADP
cjal-3228	674	38	the	the	DET
cjal-3228	674	39	forex	forex	ADJ
cjal-3228	674	40	market	market	NOUN
cjal-3228	674	41	.	.	PUNCT
cjal-3228	675	1	conversely	conversely	ADV
cjal-3228	675	2	,	,	PUNCT
cjal-3228	675	3	once	once	SCONJ
cjal-3228	675	4	the	the	DET
cjal-3228	675	5	decision	decision	NOUN
cjal-3228	675	6	to	to	PART
cjal-3228	675	7	peg	peg	VERB
cjal-3228	675	8	the	the	DET
cjal-3228	675	9	rmb	rmb	PROPN
cjal-3228	675	10	exchange	exchange	NOUN
cjal-3228	675	11	rate	rate	NOUN
cjal-3228	675	12	has	have	AUX
cjal-3228	675	13	been	be	AUX
cjal-3228	675	14	made	make	VERB
cjal-3228	675	15	,	,	PUNCT
cjal-3228	675	16	capital	capital	NOUN
cjal-3228	675	17	controls	control	VERB
cjal-3228	675	18	aid	aid	NOUN
cjal-3228	675	19	in	in	ADP
cjal-3228	675	20	maintaining	maintain	VERB
cjal-3228	675	21	the	the	DET
cjal-3228	675	22	integrity	integrity	NOUN
cjal-3228	675	23	of	of	ADP
cjal-3228	675	24	the	the	DET
cjal-3228	675	25	exchange	exchange	NOUN
cjal-3228	675	26	rate	rate	NOUN
cjal-3228	675	27	peg	peg	NOUN
cjal-3228	675	28	.	.	PUNCT
cjal-3228	676	1	absent	absent	ADJ
cjal-3228	676	2	such	such	ADJ
cjal-3228	676	3	controls	control	NOUN
cjal-3228	676	4	,	,	PUNCT
cjal-3228	676	5	there	there	PRON
cjal-3228	676	6	would	would	AUX
cjal-3228	676	7	remain	remain	VERB
cjal-3228	676	8	the	the	DET
cjal-3228	676	9	risk	risk	NOUN
cjal-3228	676	10	that	that	SCONJ
cjal-3228	676	11	excessive	excessive	ADJ
cjal-3228	676	12	capital	capital	NOUN
cjal-3228	676	13	flight	flight	NOUN
cjal-3228	676	14	could	could	AUX
cjal-3228	676	15	cause	cause	VERB
cjal-3228	676	16	a	a	DET
cjal-3228	676	17	shortage	shortage	NOUN
cjal-3228	676	18	of	of	ADP
cjal-3228	676	19	foreign	foreign	ADJ
cjal-3228	676	20	currency	currency	NOUN
cjal-3228	676	21	in	in	ADP
cjal-3228	676	22	the	the	DET
cjal-3228	676	23	forex	forex	ADJ
cjal-3228	676	24	market	market	NOUN
cjal-3228	676	25	,	,	PUNCT
cjal-3228	676	26	thus	thus	ADV
cjal-3228	676	27	adding	add	VERB
cjal-3228	676	28	devaluation	devaluation	NOUN
cjal-3228	676	29	pressure	pressure	NOUN
cjal-3228	676	30	on	on	ADP
cjal-3228	676	31	the	the	DET
cjal-3228	676	32	rmb	rmb	NOUN
cjal-3228	676	33	and	and	CCONJ
cjal-3228	676	34	potentially	potentially	ADV
cjal-3228	676	35	leading	lead	VERB
cjal-3228	676	36	to	to	ADP
cjal-3228	676	37	a	a	DET
cjal-3228	676	38	balance	balance	NOUN
cjal-3228	676	39	of	of	ADP
cjal-3228	676	40	payments	payment	NOUN
cjal-3228	676	41	crisis	crisis	NOUN
cjal-3228	676	42	.	.	PUNCT
cjal-3228	677	1	in	in	ADP
cjal-3228	677	2	this	this	DET
cjal-3228	677	3	way	way	NOUN
cjal-3228	677	4	,	,	PUNCT
cjal-3228	677	5	capital	capital	NOUN
cjal-3228	677	6	account	account	NOUN
cjal-3228	677	7	controls	control	NOUN
cjal-3228	677	8	and	and	CCONJ
cjal-3228	677	9	the	the	DET
cjal-3228	677	10	exchange	exchange	NOUN
cjal-3228	677	11	rate	rate	NOUN
cjal-3228	677	12	peg	peg	NOUN
cjal-3228	677	13	are	be	AUX
cjal-3228	677	14	mutually	mutually	ADV
cjal-3228	677	15	reinforcing	reinforce	VERB
cjal-3228	677	16	policies	policy	NOUN
cjal-3228	677	17	,	,	PUNCT
cjal-3228	677	18	which	which	PRON
cjal-3228	677	19	in	in	ADP
cjal-3228	677	20	combination	combination	NOUN
cjal-3228	677	21	ensure	ensure	VERB
cjal-3228	677	22	both	both	DET
cjal-3228	677	23	sufficient	sufficient	ADJ
cjal-3228	677	24	foreign	foreign	ADJ
cjal-3228	677	25	currency	currency	NOUN
cjal-3228	677	26	reserves	reserve	NOUN
cjal-3228	677	27	to	to	PART
cjal-3228	677	28	avoid	avoid	VERB
cjal-3228	677	29	a	a	DET
cjal-3228	677	30	balance	balance	NOUN
cjal-3228	677	31	of	of	ADP
cjal-3228	677	32	payments	payment	NOUN
cjal-3228	677	33	crisis	crisis	NOUN
cjal-3228	677	34	as	as	ADV
cjal-3228	677	35	well	well	ADV
cjal-3228	677	36	as	as	ADP
cjal-3228	677	37	a	a	DET
cjal-3228	677	38	competitively	competitively	ADV
cjal-3228	677	39	valued	value	VERB
cjal-3228	677	40	rmb	rmb	PROPN
cjal-3228	677	41	exchange	exchange	NOUN
cjal-3228	677	42	rate	rate	NOUN
cjal-3228	677	43	.	.	PUNCT
cjal-3228	678	1	while	while	SCONJ
cjal-3228	678	2	capital	capital	NOUN
cjal-3228	678	3	account	account	NOUN
cjal-3228	678	4	controls	control	VERB
cjal-3228	678	5	essentially	essentially	ADV
cjal-3228	678	6	necessitate	necessitate	ADJ
cjal-3228	678	7	heavy	heavy	ADJ
cjal-3228	678	8	governmental	governmental	ADJ
cjal-3228	678	9	intervention	intervention	NOUN
cjal-3228	678	10	in	in	ADP
cjal-3228	678	11	the	the	DET
cjal-3228	678	12	forex	forex	ADJ
cjal-3228	678	13	market	market	NOUN
cjal-3228	678	14	,	,	PUNCT
cjal-3228	678	15	they	they	PRON
cjal-3228	678	16	do	do	AUX
cjal-3228	678	17	not	not	PART
cjal-3228	678	18	require	require	VERB
cjal-3228	678	19	a	a	DET
cjal-3228	678	20	hard	hard	ADJ
cjal-3228	678	21	peg	peg	NOUN
cjal-3228	678	22	.	.	PUNCT
cjal-3228	679	1	a	a	DET
cjal-3228	679	2	system	system	NOUN
cjal-3228	679	3	of	of	ADP
cjal-3228	679	4	heavy	heavy	ADJ
cjal-3228	679	5	intervention	intervention	NOUN
cjal-3228	679	6	could	could	AUX
cjal-3228	679	7	also	also	ADV
cjal-3228	679	8	accommodate	accommodate	VERB
cjal-3228	679	9	a	a	DET
cjal-3228	679	10	soft	soft	ADJ
cjal-3228	679	11	,	,	PUNCT
cjal-3228	679	12	or	or	CCONJ
cjal-3228	679	13	crawling	crawling	NOUN
cjal-3228	679	14	,	,	PUNCT
cjal-3228	679	15	peg	peg	NOUN
cjal-3228	679	16	,	,	PUNCT
cjal-3228	679	17	whereby	whereby	SCONJ
cjal-3228	679	18	the	the	DET
cjal-3228	679	19	exchange	exchange	NOUN
cjal-3228	679	20	rate	rate	NOUN
cjal-3228	679	21	would	would	AUX
cjal-3228	679	22	be	be	AUX
cjal-3228	679	23	allowed	allow	VERB
cjal-3228	679	24	to	to	PART
cjal-3228	679	25	gradually	gradually	ADV
cjal-3228	679	26	shift	shift	VERB
cjal-3228	679	27	in	in	ADP
cjal-3228	679	28	response	response	NOUN
cjal-3228	679	29	to	to	ADP
cjal-3228	679	30	changes	change	NOUN
cjal-3228	679	31	in	in	ADP
cjal-3228	679	32	the	the	DET
cjal-3228	679	33	macroeconomic	macroeconomic	ADJ
cjal-3228	679	34	environment	environment	NOUN
cjal-3228	679	35	.	.	PUNCT
cjal-3228	680	1	however	however	ADV
cjal-3228	680	2	,	,	PUNCT
cjal-3228	680	3	the	the	DET
cjal-3228	680	4	chinese	chinese	ADJ
cjal-3228	680	5	government	government	NOUN
cjal-3228	680	6	has	have	AUX
cjal-3228	680	7	chosen	choose	VERB
cjal-3228	680	8	to	to	PART
cjal-3228	680	9	adopt	adopt	VERB
cjal-3228	680	10	a	a	DET
cjal-3228	680	11	hard	hard	ADJ
cjal-3228	680	12	peg	peg	NOUN
cjal-3228	680	13	due	due	ADP
cjal-3228	680	14	to	to	ADP
cjal-3228	680	15	its	its	PRON
cjal-3228	680	16	perceived	perceive	VERB
cjal-3228	680	17	benefits	benefit	NOUN
cjal-3228	680	18	to	to	ADP
cjal-3228	680	19	china	china	PROPN
cjal-3228	680	20	's	's	PART
cjal-3228	680	21	overall	overall	ADJ
cjal-3228	680	22	macroeconomic	macroeconomic	ADJ
cjal-3228	680	23	development	development	NOUN
cjal-3228	680	24	.	.	PUNCT
cjal-3228	681	1	these	these	DET
cjal-3228	681	2	benefits	benefit	NOUN
cjal-3228	681	3	include	include	VERB
cjal-3228	681	4	:	:	PUNCT
cjal-3228	681	5	1	1	X
cjal-3228	681	6	)	)	PUNCT
cjal-3228	681	7	providing	provide	VERB
cjal-3228	681	8	a	a	DET
cjal-3228	681	9	predictable	predictable	ADJ
cjal-3228	681	10	business	business	NOUN
cjal-3228	681	11	environment	environment	NOUN
cjal-3228	681	12	for	for	ADP
cjal-3228	681	13	importers	importer	NOUN
cjal-3228	681	14	/	/	SYM
cjal-3228	681	15	exporters	exporter	NOUN
cjal-3228	681	16	and	and	CCONJ
cjal-3228	681	17	foreign	foreign	ADJ
cjal-3228	681	18	investors;12	investors;12	NOUN
cjal-3228	681	19	7	7	NUM
cjal-3228	681	20	2	2	NUM
cjal-3228	681	21	)	)	PUNCT
cjal-3228	681	22	providing	provide	VERB
cjal-3228	681	23	a	a	DET
cjal-3228	681	24	competitive	competitive	ADJ
cjal-3228	681	25	boost	boost	NOUN
cjal-3228	681	26	to	to	ADP
cjal-3228	681	27	china	china	PROPN
cjal-3228	681	28	's	's	PART
cjal-3228	681	29	exporters	exporter	NOUN
cjal-3228	681	30	(	(	PUNCT
cjal-3228	681	31	so	so	ADV
cjal-3228	681	32	long	long	ADV
cjal-3228	681	33	as	as	SCONJ
cjal-3228	681	34	the	the	DET
cjal-3228	681	35	rmb	rmb	NOUN
cjal-3228	681	36	is	be	AUX
cjal-3228	681	37	kept	keep	VERB
cjal-3228	681	38	at	at	ADP
cjal-3228	681	39	sufficiently	sufficiently	ADV
cjal-3228	681	40	weak	weak	ADJ
cjal-3228	681	41	levels	level	NOUN
cjal-3228	681	42	)	)	PUNCT
cjal-3228	681	43	;	;	PUNCT
cjal-3228	681	44	3	3	X
cjal-3228	681	45	)	)	PUNCT
cjal-3228	681	46	serving	serve	VERB
cjal-3228	681	47	to	to	PART
cjal-3228	681	48	obviate	obviate	VERB
cjal-3228	681	49	the	the	DET
cjal-3228	681	50	dangers	danger	NOUN
cjal-3228	681	51	associated	associate	VERB
cjal-3228	681	52	with	with	ADP
cjal-3228	681	53	speculative	speculative	ADJ
cjal-3228	681	54	trading	trading	NOUN
cjal-3228	681	55	(	(	PUNCT
cjal-3228	681	56	so	so	ADV
cjal-3228	681	57	long	long	ADV
cjal-3228	681	58	as	as	SCONJ
cjal-3228	681	59	the	the	DET
cjal-3228	681	60	peg	peg	NOUN
cjal-3228	681	61	is	be	AUX
cjal-3228	681	62	"	"	PUNCT
cjal-3228	681	63	credible	credible	ADJ
cjal-3228	681	64	"	"	PUNCT
cjal-3228	681	65	)	)	PUNCT
cjal-3228	681	66	;	;	PUNCT
cjal-3228	681	67	128	128	NUM
cjal-3228	681	68	4	4	NUM
cjal-3228	681	69	)	)	PUNCT
cjal-3228	681	70	encouraging	encourage	VERB
cjal-3228	681	71	the	the	DET
cjal-3228	681	72	perception	perception	NOUN
cjal-3228	681	73	of	of	ADP
cjal-3228	681	74	the	the	DET
cjal-3228	681	75	yuan	yuan	NOUN
cjal-3228	681	76	as	as	ADP
cjal-3228	681	77	a	a	DET
cjal-3228	681	78	reliable	reliable	ADJ
cjal-3228	681	79	127	127	NUM
cjal-3228	681	80	some	some	DET
cjal-3228	681	81	analysts	analyst	NOUN
cjal-3228	681	82	have	have	AUX
cjal-3228	681	83	claimed	claim	VERB
cjal-3228	681	84	that	that	SCONJ
cjal-3228	681	85	the	the	DET
cjal-3228	681	86	nominal	nominal	ADJ
cjal-3228	681	87	peg	peg	NOUN
cjal-3228	681	88	has	have	AUX
cjal-3228	681	89	played	play	VERB
cjal-3228	681	90	a	a	DET
cjal-3228	681	91	major	major	ADJ
cjal-3228	681	92	role	role	NOUN
cjal-3228	681	93	in	in	ADP
cjal-3228	681	94	the	the	DET
cjal-3228	681	95	recent	recent	ADJ
cjal-3228	681	96	marked	mark	VERB
cjal-3228	681	97	shift	shift	NOUN
cjal-3228	681	98	of	of	ADP
cjal-3228	681	99	global	global	ADJ
cjal-3228	681	100	production	production	NOUN
cjal-3228	681	101	capacity	capacity	NOUN
cjal-3228	681	102	to	to	ADP
cjal-3228	681	103	china	china	PROPN
cjal-3228	681	104	.	.	PUNCT
cjal-3228	682	1	andy	andy	PROPN
cjal-3228	682	2	xie	xie	PROPN
cjal-3228	682	3	,	,	PUNCT
cjal-3228	682	4	china	china	PROPN
cjal-3228	682	5	:	:	PUNCT
cjal-3228	682	6	revaluation	revaluation	NOUN
cjal-3228	682	7	fallacies	fallacy	NOUN
cjal-3228	682	8	,	,	PUNCT
cjal-3228	682	9	morgan	morgan	PROPN
cjal-3228	682	10	stanley	stanley	PROPN
cjal-3228	682	11	global	global	PROPN
cjal-3228	682	12	econ	econ	PROPN
cjal-3228	682	13	.	.	PUNCT
cjal-3228	683	1	forum	forum	PROPN
cjal-3228	683	2	,	,	PUNCT
cjal-3228	683	3	june	june	PROPN
cjal-3228	683	4	11	11	NUM
cjal-3228	683	5	,	,	PUNCT
cjal-3228	683	6	2003	2003	NUM
cjal-3228	683	7	,	,	PUNCT
cjal-3228	683	8	at	at	ADP
cjal-3228	683	9	http://www.morganstanley.com/gefdata/digests/20030611	http://www.morganstanley.com/gefdata/digests/20030611	PROPN
cjal-3228	683	10	-wed.html	-wed.html	PROPN
cjal-3228	683	11	.	.	PUNCT
cjal-3228	684	1	a	a	DET
cjal-3228	684	2	credible	credible	ADJ
cjal-3228	684	3	pegged	peg	VERB
cjal-3228	684	4	exchange	exchange	NOUN
cjal-3228	684	5	rate	rate	NOUN
cjal-3228	684	6	has	have	AUX
cjal-3228	684	7	largely	largely	ADV
cjal-3228	684	8	obviated	obviate	VERB
cjal-3228	684	9	the	the	DET
cjal-3228	684	10	need	need	NOUN
cjal-3228	684	11	for	for	ADP
cjal-3228	684	12	importers	importer	NOUN
cjal-3228	684	13	,	,	PUNCT
cjal-3228	684	14	exporters	exporter	NOUN
cjal-3228	684	15	,	,	PUNCT
cjal-3228	684	16	or	or	CCONJ
cjal-3228	684	17	investors	investor	NOUN
cjal-3228	684	18	to	to	PART
cjal-3228	684	19	hedge	hedge	VERB
cjal-3228	684	20	,	,	PUNCT
cjal-3228	684	21	which	which	PRON
cjal-3228	684	22	can	can	AUX
cjal-3228	684	23	be	be	AUX
cjal-3228	684	24	particularly	particularly	ADV
cjal-3228	684	25	important	important	ADJ
cjal-3228	684	26	for	for	ADP
cjal-3228	684	27	small	small	ADJ
cjal-3228	684	28	or	or	CCONJ
cjal-3228	684	29	relatively	relatively	ADV
cjal-3228	684	30	unsophisticated	unsophisticated	ADJ
cjal-3228	684	31	businesses	business	NOUN
cjal-3228	684	32	.	.	PUNCT
cjal-3228	685	1	however	however	ADV
cjal-3228	685	2	,	,	PUNCT
cjal-3228	685	3	given	give	VERB
cjal-3228	685	4	that	that	SCONJ
cjal-3228	685	5	the	the	DET
cjal-3228	685	6	u.s	u.s	PROPN
cjal-3228	685	7	.	.	PROPN
cjal-3228	685	8	dollar	dollar	NOUN
cjal-3228	685	9	may	may	AUX
cjal-3228	685	10	fluctuate	fluctuate	VERB
cjal-3228	685	11	substantially	substantially	ADV
cjal-3228	685	12	against	against	ADP
cjal-3228	685	13	third	third	ADJ
cjal-3228	685	14	currencies	currency	NOUN
cjal-3228	685	15	,	,	PUNCT
cjal-3228	685	16	chinese	chinese	ADJ
cjal-3228	685	17	companies	company	NOUN
cjal-3228	685	18	have	have	AUX
cjal-3228	685	19	increasingly	increasingly	ADV
cjal-3228	685	20	turned	turn	VERB
cjal-3228	685	21	to	to	ADP
cjal-3228	685	22	forward	forward	ADJ
cjal-3228	685	23	contracts	contract	NOUN
cjal-3228	685	24	or	or	CCONJ
cjal-3228	685	25	other	other	ADJ
cjal-3228	685	26	derivative	derivative	ADJ
cjal-3228	685	27	tools	tool	NOUN
cjal-3228	685	28	to	to	PART
cjal-3228	685	29	reduce	reduce	VERB
cjal-3228	685	30	foreign	foreign	ADJ
cjal-3228	685	31	exchange	exchange	NOUN
cjal-3228	685	32	risk	risk	NOUN
cjal-3228	685	33	.	.	PUNCT
cjal-3228	686	1	see	see	VERB
cjal-3228	686	2	chinese	chinese	ADJ
cjal-3228	686	3	enterprises	enterprise	NOUN
cjal-3228	686	4	alert	alert	VERB
cjal-3228	686	5	against	against	ADP
cjal-3228	686	6	exchange	exchange	NOUN
cjal-3228	686	7	rate	rate	NOUN
cjal-3228	686	8	risks	risk	NOUN
cjal-3228	686	9	,	,	PUNCT
cjal-3228	686	10	xinhua	xinhua	PROPN
cjal-3228	686	11	news	news	PROPN
cjal-3228	686	12	agency	agency	PROPN
cjal-3228	686	13	,	,	PUNCT
cjal-3228	686	14	june	june	PROPN
cjal-3228	686	15	9	9	NUM
cjal-3228	686	16	,	,	PUNCT
cjal-3228	686	17	2003	2003	NUM
cjal-3228	686	18	.	.	PUNCT
cjal-3228	687	1	128	128	NUM
cjal-3228	687	2	a	a	DET
cjal-3228	687	3	consistent	consistent	ADJ
cjal-3228	687	4	problem	problem	NOUN
cjal-3228	687	5	with	with	ADP
cjal-3228	687	6	floating	float	VERB
cjal-3228	687	7	exchange	exchange	NOUN
cjal-3228	687	8	rate	rate	NOUN
cjal-3228	687	9	regimes	regime	NOUN
cjal-3228	687	10	has	have	AUX
cjal-3228	687	11	been	be	AUX
cjal-3228	687	12	that	that	SCONJ
cjal-3228	687	13	exchange	exchange	NOUN
cjal-3228	687	14	rates	rate	NOUN
cjal-3228	687	15	have	have	VERB
cjal-3228	687	16	a	a	DET
cjal-3228	687	17	tendency	tendency	NOUN
cjal-3228	687	18	to	to	PART
cjal-3228	687	19	overshoot	overshoot	NOUN
cjal-3228	687	20	or	or	CCONJ
cjal-3228	687	21	undershoot	undershoot	VERB
cjal-3228	687	22	their	their	PRON
cjal-3228	687	23	equilibrium	equilibrium	NOUN
cjal-3228	687	24	levels	level	NOUN
cjal-3228	687	25	due	due	ADJ
cjal-3228	687	26	to	to	ADP
cjal-3228	687	27	speculative	speculative	ADJ
cjal-3228	687	28	trading	trading	NOUN
cjal-3228	687	29	.	.	PUNCT
cjal-3228	688	1	this	this	PRON
cjal-3228	688	2	is	be	AUX
cjal-3228	688	3	a	a	DET
cjal-3228	688	4	particular	particular	ADJ
cjal-3228	688	5	problem	problem	NOUN
cjal-3228	688	6	for	for	ADP
cjal-3228	688	7	small	small	ADJ
cjal-3228	688	8	economies	economy	NOUN
cjal-3228	688	9	,	,	PUNCT
cjal-3228	688	10	whose	whose	DET
cjal-3228	688	11	exchange	exchange	NOUN
cjal-3228	688	12	rates	rate	NOUN
cjal-3228	688	13	can	can	AUX
cjal-3228	688	14	be	be	AUX
cjal-3228	688	15	more	more	ADV
cjal-3228	688	16	easily	easily	ADV
cjal-3228	688	17	manipulated	manipulate	VERB
cjal-3228	688	18	by	by	ADP
cjal-3228	688	19	large	large	ADJ
cjal-3228	688	20	international	international	ADJ
cjal-3228	688	21	speculators	speculator	NOUN
cjal-3228	688	22	.	.	PUNCT
cjal-3228	689	1	pegged	peg	VERB
cjal-3228	689	2	exchange	exchange	NOUN
cjal-3228	689	3	rates	rate	NOUN
cjal-3228	689	4	may	may	AUX
cjal-3228	689	5	also	also	ADV
cjal-3228	689	6	be	be	AUX
cjal-3228	689	7	the	the	DET
cjal-3228	689	8	target	target	NOUN
cjal-3228	689	9	of	of	ADP
cjal-3228	689	10	speculative	speculative	ADJ
cjal-3228	689	11	trading	trading	NOUN
cjal-3228	689	12	if	if	SCONJ
cjal-3228	689	13	speculators	speculator	NOUN
cjal-3228	689	14	believe	believe	VERB
cjal-3228	689	15	that	that	SCONJ
cjal-3228	689	16	the	the	DET
cjal-3228	689	17	government	government	NOUN
cjal-3228	689	18	can	can	AUX
cjal-3228	689	19	not	not	PART
cjal-3228	689	20	or	or	CCONJ
cjal-3228	689	21	will	will	AUX
cjal-3228	689	22	not	not	PART
cjal-3228	689	23	maintain	maintain	VERB
cjal-3228	689	24	the	the	DET
cjal-3228	689	25	peg	peg	NOUN
cjal-3228	689	26	in	in	ADP
cjal-3228	689	27	the	the	DET
cjal-3228	689	28	face	face	NOUN
cjal-3228	689	29	of	of	ADP
cjal-3228	689	30	market	market	NOUN
cjal-3228	689	31	2004	2004	NUM
cjal-3228	689	32	]	]	PUNCT
cjal-3228	689	33	col	col	PROPN
cjal-3228	689	34	umbia	umbia	PROPN
cjal-3228	689	35	journal	journal	PROPN
cjal-3228	689	36	of	of	ADP
cjal-3228	689	37	asian	asian	ADJ
cjal-3228	689	38	law	law	NOUN
cjal-3228	689	39	store	store	NOUN
cjal-3228	689	40	of	of	ADP
cjal-3228	689	41	value	value	NOUN
cjal-3228	689	42	;	;	PUNCT
cjal-3228	689	43	and	and	CCONJ
cjal-3228	689	44	5	5	X
cjal-3228	689	45	)	)	PUNCT
cjal-3228	689	46	serving	serve	VERB
cjal-3228	689	47	to	to	PART
cjal-3228	689	48	stabilize	stabilize	VERB
cjal-3228	689	49	the	the	DET
cjal-3228	689	50	east	east	ADJ
cjal-3228	689	51	asian	asian	ADJ
cjal-3228	689	52	regional	regional	ADJ
cjal-3228	689	53	economy	economy	NOUN
cjal-3228	689	54	by	by	ADP
cjal-3228	689	55	reducing	reduce	VERB
cjal-3228	689	56	the	the	DET
cjal-3228	689	57	risk	risk	NOUN
cjal-3228	689	58	of	of	ADP
cjal-3228	689	59	competitive	competitive	ADJ
cjal-3228	689	60	currency	currency	NOUN
cjal-3228	689	61	devaluation	devaluation	NOUN
cjal-3228	689	62	.	.	PUNCT
cjal-3228	689	63	'	'	PUNCT
cjal-3228	690	1	29	29	NUM
cjal-3228	690	2	on	on	ADP
cjal-3228	690	3	the	the	DET
cjal-3228	690	4	other	other	ADJ
cjal-3228	690	5	hand	hand	NOUN
cjal-3228	690	6	,	,	PUNCT
cjal-3228	690	7	several	several	ADJ
cjal-3228	690	8	factors	factor	NOUN
cjal-3228	690	9	mitigate	mitigate	VERB
cjal-3228	690	10	the	the	DET
cjal-3228	690	11	potential	potential	ADJ
cjal-3228	690	12	benefits	benefit	NOUN
cjal-3228	690	13	of	of	ADP
cjal-3228	690	14	a	a	DET
cjal-3228	690	15	hard	hard	ADJ
cjal-3228	690	16	peg	peg	NOUN
cjal-3228	690	17	over	over	ADP
cjal-3228	690	18	the	the	DET
cjal-3228	690	19	long	long	ADJ
cjal-3228	690	20	term	term	NOUN
cjal-3228	690	21	:	:	PUNCT
cjal-3228	690	22	1	1	X
cjal-3228	690	23	)	)	PUNCT
cjal-3228	690	24	over	over	ADP
cjal-3228	690	25	time	time	NOUN
cjal-3228	690	26	,	,	PUNCT
cjal-3228	690	27	the	the	DET
cjal-3228	690	28	pegged	peg	VERB
cjal-3228	690	29	rate	rate	NOUN
cjal-3228	690	30	tends	tend	VERB
cjal-3228	690	31	to	to	PART
cjal-3228	690	32	deviate	deviate	VERB
cjal-3228	690	33	further	far	ADV
cjal-3228	690	34	and	and	CCONJ
cjal-3228	690	35	further	far	ADV
cjal-3228	690	36	from	from	ADP
cjal-3228	690	37	the	the	DET
cjal-3228	690	38	equilibrium	equilibrium	NOUN
cjal-3228	690	39	market	market	NOUN
cjal-3228	690	40	rate	rate	NOUN
cjal-3228	690	41	,	,	PUNCT
cjal-3228	690	42	and	and	CCONJ
cjal-3228	690	43	may	may	AUX
cjal-3228	690	44	eventually	eventually	ADV
cjal-3228	690	45	lead	lead	VERB
cjal-3228	690	46	to	to	ADP
cjal-3228	690	47	a	a	DET
cjal-3228	690	48	sharp	sharp	ADJ
cjal-3228	690	49	,	,	PUNCT
cjal-3228	690	50	destabilizing	destabilizing	ADJ
cjal-3228	690	51	,	,	PUNCT
cjal-3228	690	52	and	and	CCONJ
cjal-3228	690	53	potentially	potentially	ADV
cjal-3228	690	54	economically	economically	ADV
cjal-3228	690	55	destructive	destructive	ADJ
cjal-3228	690	56	correction	correction	NOUN
cjal-3228	690	57	;	;	PUNCT
cjal-3228	690	58	2	2	X
cjal-3228	690	59	)	)	PUNCT
cjal-3228	690	60	an	an	DET
cjal-3228	690	61	artificially	artificially	ADV
cjal-3228	690	62	high	high	ADJ
cjal-3228	690	63	or	or	CCONJ
cjal-3228	690	64	low	low	ADJ
cjal-3228	690	65	currency	currency	NOUN
cjal-3228	690	66	valuation	valuation	NOUN
cjal-3228	690	67	can	can	AUX
cjal-3228	690	68	distort	distort	VERB
cjal-3228	690	69	domestic	domestic	ADJ
cjal-3228	690	70	resource	resource	NOUN
cjal-3228	690	71	allocation	allocation	NOUN
cjal-3228	690	72	,	,	PUNCT
cjal-3228	690	73	leading	lead	VERB
cjal-3228	690	74	to	to	ADP
cjal-3228	690	75	long	long	ADJ
cjal-3228	690	76	-	-	PUNCT
cjal-3228	690	77	term	term	NOUN
cjal-3228	690	78	inefficiencies	inefficiency	NOUN
cjal-3228	690	79	;	;	PUNCT
cjal-3228	690	80	and	and	CCONJ
cjal-3228	690	81	3	3	X
cjal-3228	690	82	)	)	PUNCT
cjal-3228	690	83	because	because	SCONJ
cjal-3228	690	84	there	there	PRON
cjal-3228	690	85	is	be	VERB
cjal-3228	690	86	no	no	DET
cjal-3228	690	87	need	need	NOUN
cjal-3228	690	88	to	to	PART
cjal-3228	690	89	hedge	hedge	VERB
cjal-3228	690	90	under	under	ADP
cjal-3228	690	91	a	a	DET
cjal-3228	690	92	peg	peg	NOUN
cjal-3228	690	93	,	,	PUNCT
cjal-3228	690	94	the	the	DET
cjal-3228	690	95	development	development	NOUN
cjal-3228	690	96	of	of	ADP
cjal-3228	690	97	more	more	ADV
cjal-3228	690	98	sophisticated	sophisticated	ADJ
cjal-3228	690	99	currency	currency	NOUN
cjal-3228	690	100	trading	trading	NOUN
cjal-3228	690	101	tools	tool	NOUN
cjal-3228	690	102	(	(	PUNCT
cjal-3228	690	103	such	such	ADJ
cjal-3228	690	104	as	as	ADP
cjal-3228	690	105	forward	forward	ADJ
cjal-3228	690	106	,	,	PUNCT
cjal-3228	690	107	futures	future	NOUN
cjal-3228	690	108	,	,	PUNCT
cjal-3228	690	109	and	and	CCONJ
cjal-3228	690	110	options	option	NOUN
cjal-3228	690	111	trading	trading	NOUN
cjal-3228	690	112	)	)	PUNCT
cjal-3228	690	113	may	may	AUX
cjal-3228	690	114	be	be	AUX
cjal-3228	690	115	retarded	retard	VERB
cjal-3228	690	116	,	,	PUNCT
cjal-3228	690	117	thereby	thereby	ADV
cjal-3228	690	118	weakening	weaken	VERB
cjal-3228	690	119	the	the	DET
cjal-3228	690	120	international	international	ADJ
cjal-3228	690	121	competitiveness	competitiveness	NOUN
cjal-3228	690	122	of	of	ADP
cjal-3228	690	123	the	the	DET
cjal-3228	690	124	financial	financial	ADJ
cjal-3228	690	125	system	system	NOUN
cjal-3228	690	126	and	and	CCONJ
cjal-3228	690	127	making	make	VERB
cjal-3228	690	128	the	the	DET
cjal-3228	690	129	eventual	eventual	ADJ
cjal-3228	690	130	transition	transition	NOUN
cjal-3228	690	131	to	to	ADP
cjal-3228	690	132	a	a	DET
cjal-3228	690	133	floating	float	VERB
cjal-3228	690	134	exchange	exchange	NOUN
cjal-3228	690	135	rate	rate	NOUN
cjal-3228	690	136	regime	regime	NOUN
cjal-3228	690	137	more	more	ADV
cjal-3228	690	138	difficult	difficult	ADJ
cjal-3228	690	139	.	.	PUNCT
cjal-3228	691	1	because	because	SCONJ
cjal-3228	691	2	of	of	ADP
cjal-3228	691	3	these	these	DET
cjal-3228	691	4	potential	potential	ADJ
cjal-3228	691	5	dangers	danger	NOUN
cjal-3228	691	6	,	,	PUNCT
cjal-3228	691	7	most	most	ADJ
cjal-3228	691	8	economists	economist	NOUN
cjal-3228	691	9	today	today	NOUN
cjal-3228	691	10	seem	seem	VERB
cjal-3228	691	11	to	to	PART
cjal-3228	691	12	agree	agree	VERB
cjal-3228	691	13	that	that	SCONJ
cjal-3228	691	14	in	in	ADP
cjal-3228	691	15	the	the	DET
cjal-3228	691	16	long	long	ADJ
cjal-3228	691	17	term	term	NOUN
cjal-3228	691	18	a	a	DET
cjal-3228	691	19	freely	freely	ADV
cjal-3228	691	20	floating	float	VERB
cjal-3228	691	21	exchange	exchange	NOUN
cjal-3228	691	22	rate	rate	NOUN
cjal-3228	691	23	,	,	PUNCT
cjal-3228	691	24	which	which	PRON
cjal-3228	691	25	in	in	ADP
cjal-3228	691	26	theory	theory	NOUN
cjal-3228	691	27	would	would	AUX
cjal-3228	691	28	allow	allow	VERB
cjal-3228	691	29	the	the	DET
cjal-3228	691	30	economy	economy	NOUN
cjal-3228	691	31	to	to	PART
cjal-3228	691	32	adjust	adjust	VERB
cjal-3228	691	33	more	more	ADV
cjal-3228	691	34	efficiently	efficiently	ADV
cjal-3228	691	35	to	to	ADP
cjal-3228	691	36	changes	change	NOUN
cjal-3228	691	37	in	in	ADP
cjal-3228	691	38	the	the	DET
cjal-3228	691	39	macroeconomic	macroeconomic	ADJ
cjal-3228	691	40	environment	environment	NOUN
cjal-3228	691	41	,	,	PUNCT
cjal-3228	691	42	is	be	AUX
cjal-3228	691	43	desirable	desirable	ADJ
cjal-3228	691	44	.	.	PUNCT
cjal-3228	692	1	b.	b.	PROPN
cjal-3228	692	2	regulation	regulation	NOUN
cjal-3228	692	3	of	of	ADP
cjal-3228	692	4	foreign	foreign	ADJ
cjal-3228	692	5	exchange	exchange	NOUN
cjal-3228	692	6	trading	trade	VERB
cjal-3228	692	7	the	the	DET
cjal-3228	692	8	chinese	chinese	ADJ
cjal-3228	692	9	government	government	NOUN
cjal-3228	692	10	is	be	AUX
cjal-3228	692	11	able	able	ADJ
cjal-3228	692	12	to	to	PART
cjal-3228	692	13	tightly	tightly	ADV
cjal-3228	692	14	regulate	regulate	VERB
cjal-3228	692	15	and	and	CCONJ
cjal-3228	692	16	control	control	NOUN
cjal-3228	692	17	trading	trading	NOUN
cjal-3228	692	18	between	between	ADP
cjal-3228	692	19	the	the	DET
cjal-3228	692	20	rmb	rmb	NOUN
cjal-3228	692	21	and	and	CCONJ
cjal-3228	692	22	foreign	foreign	ADJ
cjal-3228	692	23	currencies	currency	NOUN
cjal-3228	692	24	by	by	ADP
cjal-3228	692	25	disallowing	disallow	VERB
cjal-3228	692	26	settlement	settlement	NOUN
cjal-3228	692	27	of	of	ADP
cjal-3228	692	28	rmb	rmb	PROPN
cjal-3228	692	29	trades	trade	NOUN
cjal-3228	692	30	made	make	VERB
cjal-3228	692	31	outside	outside	ADV
cjal-3228	692	32	of	of	ADP
cjal-3228	692	33	china	china	PROPN
cjal-3228	692	34	.	.	PUNCT
cjal-3228	693	1	3	3	NUM
cjal-3228	693	2	'	'	PUNCT
cjal-3228	693	3	within	within	ADP
cjal-3228	693	4	china	china	PROPN
cjal-3228	694	1	,	,	PUNCT
cjal-3228	694	2	the	the	DET
cjal-3228	694	3	government	government	NOUN
cjal-3228	694	4	regulates	regulate	VERB
cjal-3228	694	5	both	both	DET
cjal-3228	694	6	1	1	NUM
cjal-3228	694	7	)	)	PUNCT
cjal-3228	694	8	retail	retail	ADJ
cjal-3228	694	9	trading	trading	NOUN
cjal-3228	694	10	,	,	PUNCT
cjal-3228	694	11	i.e.	i.e.	X
cjal-3228	694	12	trading	trading	NOUN
cjal-3228	694	13	between	between	ADP
cjal-3228	694	14	financial	financial	ADJ
cjal-3228	694	15	institutions	institution	NOUN
cjal-3228	694	16	and	and	CCONJ
cjal-3228	694	17	their	their	PRON
cjal-3228	694	18	customers	customer	NOUN
cjal-3228	694	19	or	or	CCONJ
cjal-3228	694	20	clients	client	NOUN
cjal-3228	694	21	,	,	PUNCT
cjal-3228	694	22	and	and	CCONJ
cjal-3228	694	23	2	2	X
cjal-3228	694	24	)	)	PUNCT
cjal-3228	694	25	interbank	interbank	NOUN
cjal-3228	694	26	trading	trading	NOUN
cjal-3228	694	27	,	,	PUNCT
cjal-3228	694	28	i.e.	i.e.	X
cjal-3228	694	29	trading	trading	NOUN
cjal-3228	694	30	between	between	ADP
cjal-3228	694	31	financial	financial	ADJ
cjal-3228	694	32	institutions	institution	NOUN
cjal-3228	694	33	and	and	CCONJ
cjal-3228	694	34	either	either	CCONJ
cjal-3228	694	35	other	other	ADJ
cjal-3228	694	36	financial	financial	ADJ
cjal-3228	694	37	institutions	institution	NOUN
cjal-3228	694	38	or	or	CCONJ
cjal-3228	694	39	the	the	DET
cjal-3228	694	40	central	central	ADJ
cjal-3228	694	41	bank	bank	NOUN
cjal-3228	694	42	.	.	PUNCT
cjal-3228	695	1	while	while	SCONJ
cjal-3228	695	2	the	the	DET
cjal-3228	695	3	bulk	bulk	NOUN
cjal-3228	695	4	of	of	ADP
cjal-3228	695	5	everyday	everyday	ADJ
cjal-3228	695	6	trading	trading	NOUN
cjal-3228	695	7	occurs	occur	VERB
cjal-3228	695	8	in	in	ADP
cjal-3228	695	9	the	the	DET
cjal-3228	695	10	former	former	ADJ
cjal-3228	695	11	market	market	NOUN
cjal-3228	695	12	,	,	PUNCT
cjal-3228	695	13	the	the	DET
cjal-3228	695	14	latter	latter	ADJ
cjal-3228	695	15	market	market	NOUN
cjal-3228	695	16	plays	play	VERB
cjal-3228	695	17	the	the	DET
cjal-3228	695	18	more	more	ADV
cjal-3228	695	19	important	important	ADJ
cjal-3228	695	20	role	role	NOUN
cjal-3228	695	21	in	in	ADP
cjal-3228	695	22	china	china	PROPN
cjal-3228	695	23	's	's	PART
cjal-3228	695	24	forex	forex	ADJ
cjal-3228	695	25	regime	regime	NOUN
cjal-3228	695	26	.	.	PUNCT
cjal-3228	696	1	the	the	DET
cjal-3228	696	2	interbank	interbank	NOUN
cjal-3228	696	3	market	market	NOUN
cjal-3228	696	4	,	,	PUNCT
cjal-3228	696	5	known	know	VERB
cjal-3228	696	6	as	as	ADP
cjal-3228	696	7	the	the	DET
cjal-3228	696	8	china	china	PROPN
cjal-3228	696	9	foreign	foreign	PROPN
cjal-3228	696	10	exchange	exchange	PROPN
cjal-3228	696	11	trading	trading	NOUN
cjal-3228	696	12	center	center	NOUN
cjal-3228	696	13	(	(	PUNCT
cjal-3228	696	14	cfetc	cfetc	NOUN
cjal-3228	696	15	)	)	PUNCT
cjal-3228	696	16	,	,	PUNCT
cjal-3228	696	17	serves	serve	VERB
cjal-3228	696	18	two	two	NUM
cjal-3228	696	19	pressure	pressure	NOUN
cjal-3228	696	20	.	.	PUNCT
cjal-3228	697	1	recent	recent	ADJ
cjal-3228	697	2	currency	currency	NOUN
cjal-3228	697	3	crises	crisis	NOUN
cjal-3228	697	4	in	in	ADP
cjal-3228	697	5	asia	asia	PROPN
cjal-3228	697	6	and	and	CCONJ
cjal-3228	697	7	latin	latin	PROPN
cjal-3228	697	8	america	america	PROPN
cjal-3228	697	9	were	be	AUX
cjal-3228	697	10	to	to	ADP
cjal-3228	697	11	a	a	DET
cjal-3228	697	12	substantial	substantial	ADJ
cjal-3228	697	13	extent	extent	NOUN
cjal-3228	697	14	the	the	DET
cjal-3228	697	15	result	result	NOUN
cjal-3228	697	16	of	of	ADP
cjal-3228	697	17	self	self	NOUN
cjal-3228	697	18	-	-	PUNCT
cjal-3228	697	19	fulfilling	fulfil	VERB
cjal-3228	697	20	prophecies	prophecy	NOUN
cjal-3228	697	21	by	by	ADP
cjal-3228	697	22	currency	currency	NOUN
cjal-3228	697	23	speculators	speculator	NOUN
cjal-3228	697	24	.	.	PUNCT
cjal-3228	698	1	see	see	VERB
cjal-3228	698	2	,	,	PUNCT
cjal-3228	698	3	generally	generally	ADV
cjal-3228	698	4	,	,	PUNCT
cjal-3228	698	5	harris	harris	PROPN
cjal-3228	698	6	dellas	dellas	PROPN
cjal-3228	698	7	,	,	PUNCT
cjal-3228	698	8	p.a	p.a	PROPN
cjal-3228	698	9	.	.	PUNCT
cjal-3228	699	1	v.b	v.b	PROPN
cjal-3228	699	2	.	.	PROPN
cjal-3228	699	3	swamy	swamy	PROPN
cjal-3228	699	4	,	,	PUNCT
cjal-3228	699	5	and	and	CCONJ
cjal-3228	699	6	george	george	PROPN
cjal-3228	699	7	s.	s.	PROPN
cjal-3228	699	8	tavlas	tavlas	PROPN
cjal-3228	699	9	,	,	PUNCT
cjal-3228	699	10	the	the	DET
cjal-3228	699	11	collapse	collapse	NOUN
cjal-3228	699	12	of	of	ADP
cjal-3228	699	13	exchange	exchange	NOUN
cjal-3228	699	14	rate	rate	NOUN
cjal-3228	699	15	pegs	peg	NOUN
cjal-3228	699	16	,	,	PUNCT
cjal-3228	699	17	579	579	NUM
cjal-3228	699	18	annals	annal	NOUN
cjal-3228	699	19	am	be	AUX
cjal-3228	699	20	.	.	PUNCT
cjal-3228	700	1	acad	acad	PROPN
cjal-3228	700	2	.	.	PUNCT
cjal-3228	701	1	pol	pol	PROPN
cjal-3228	701	2	.	.	PUNCT
cjal-3228	701	3	&	&	CCONJ
cjal-3228	701	4	soc	soc	PROPN
cjal-3228	701	5	.	.	PUNCT
cjal-3228	702	1	sci	sci	PROPN
cjal-3228	702	2	.	.	PROPN
cjal-3228	703	1	53	53	NUM
cjal-3228	703	2	(	(	PUNCT
cjal-3228	703	3	january	january	PROPN
cjal-3228	703	4	2002	2002	NUM
cjal-3228	703	5	)	)	PUNCT
cjal-3228	703	6	.	.	PUNCT
cjal-3228	704	1	129	129	NUM
cjal-3228	704	2	this	this	DET
cjal-3228	704	3	role	role	NOUN
cjal-3228	704	4	was	be	AUX
cjal-3228	704	5	especially	especially	ADV
cjal-3228	704	6	important	important	ADJ
cjal-3228	704	7	during	during	ADP
cjal-3228	704	8	the	the	DET
cjal-3228	704	9	east	east	ADJ
cjal-3228	704	10	asian	asian	ADJ
cjal-3228	704	11	financial	financial	ADJ
cjal-3228	704	12	crisis	crisis	NOUN
cjal-3228	704	13	,	,	PUNCT
cjal-3228	704	14	when	when	SCONJ
cjal-3228	704	15	a	a	DET
cjal-3228	704	16	devaluation	devaluation	NOUN
cjal-3228	704	17	of	of	ADP
cjal-3228	704	18	the	the	DET
cjal-3228	704	19	rmb	rmb	NOUN
cjal-3228	704	20	was	be	AUX
cjal-3228	704	21	widely	widely	ADV
cjal-3228	704	22	expected	expect	VERB
cjal-3228	704	23	and	and	CCONJ
cjal-3228	704	24	likely	likely	ADJ
cjal-3228	704	25	would	would	AUX
cjal-3228	704	26	have	have	AUX
cjal-3228	704	27	resulted	result	VERB
cjal-3228	704	28	in	in	ADP
cjal-3228	704	29	a	a	DET
cjal-3228	704	30	longer	long	ADJ
cjal-3228	704	31	and	and	CCONJ
cjal-3228	704	32	deeper	deep	ADJ
cjal-3228	704	33	regional	regional	ADJ
cjal-3228	704	34	dff	dff	NOUN
cjal-3228	704	35	ression	ression	NOUN
cjal-3228	704	36	.	.	PUNCT
cjal-3228	705	1	many	many	ADJ
cjal-3228	705	2	believe	believe	VERB
cjal-3228	705	3	the	the	DET
cjal-3228	705	4	east	east	ADJ
cjal-3228	705	5	asian	asian	ADJ
cjal-3228	705	6	financial	financial	ADJ
cjal-3228	705	7	crisis	crisis	NOUN
cjal-3228	705	8	was	be	AUX
cjal-3228	705	9	greatly	greatly	ADV
cjal-3228	705	10	exacerbated	exacerbate	VERB
cjal-3228	705	11	due	due	ADP
cjal-3228	705	12	to	to	ADP
cjal-3228	705	13	governments	government	NOUN
cjal-3228	705	14	maintaining	maintain	VERB
cjal-3228	705	15	distorted	distorted	ADJ
cjal-3228	705	16	exchange	exchange	NOUN
cjal-3228	705	17	rates	rate	NOUN
cjal-3228	705	18	far	far	ADV
cjal-3228	705	19	too	too	ADV
cjal-3228	705	20	long	long	ADV
cjal-3228	705	21	.	.	PUNCT
cjal-3228	706	1	because	because	SCONJ
cjal-3228	706	2	of	of	ADP
cjal-3228	706	3	this	this	PRON
cjal-3228	706	4	,	,	PUNCT
cjal-3228	706	5	fixed	fix	VERB
cjal-3228	706	6	and	and	CCONJ
cjal-3228	706	7	pegged	peg	VERB
cjal-3228	706	8	exchange	exchange	NOUN
cjal-3228	706	9	rate	rate	NOUN
cjal-3228	706	10	regimes	regime	NOUN
cjal-3228	706	11	have	have	AUX
cjal-3228	706	12	recently	recently	ADV
cjal-3228	706	13	become	become	VERB
cjal-3228	706	14	less	less	ADV
cjal-3228	706	15	popular	popular	ADJ
cjal-3228	706	16	amongst	amongst	ADP
cjal-3228	706	17	economists	economist	NOUN
cjal-3228	706	18	.	.	PUNCT
cjal-3228	707	1	see	see	VERB
cjal-3228	707	2	,	,	PUNCT
cjal-3228	707	3	i	i	PRON
cjal-3228	707	4	d.	d.	PROPN
cjal-3228	707	5	13	13	NUM
cjal-3228	707	6	in	in	ADP
cjal-3228	707	7	early	early	ADJ
cjal-3228	707	8	2004	2004	NUM
cjal-3228	707	9	china	china	PROPN
cjal-3228	707	10	began	begin	VERB
cjal-3228	707	11	allowing	allow	VERB
cjal-3228	707	12	the	the	DET
cjal-3228	707	13	interbank	interbank	NOUN
cjal-3228	707	14	settlement	settlement	NOUN
cjal-3228	707	15	of	of	ADP
cjal-3228	707	16	rmb	rmb	PROPN
cjal-3228	707	17	trading	trading	NOUN
cjal-3228	707	18	in	in	ADP
cjal-3228	707	19	hong	hong	PROPN
cjal-3228	707	20	kong	kong	PROPN
cjal-3228	707	21	.	.	PUNCT
cjal-3228	708	1	see	see	VERB
cjal-3228	708	2	section	section	NOUN
cjal-3228	708	3	vi	vi	PROPN
cjal-3228	708	4	below	below	ADV
cjal-3228	708	5	.	.	PUNCT
cjal-3228	709	1	[	[	X
cjal-3228	709	2	17:2	17:2	NUM
cjal-3228	709	3	china	china	PROPN
cjal-3228	709	4	's	's	PART
cjal-3228	709	5	system	system	NOUN
cjal-3228	709	6	of	of	ADP
cjal-3228	709	7	foreign	foreign	ADJ
cjal-3228	709	8	exchange	exchange	NOUN
cjal-3228	709	9	primary	primary	ADJ
cjal-3228	709	10	purposes	purpose	NOUN
cjal-3228	709	11	:	:	PUNCT
cjal-3228	709	12	1	1	X
cjal-3228	709	13	)	)	PUNCT
cjal-3228	709	14	ensuring	ensure	VERB
cjal-3228	709	15	that	that	SCONJ
cjal-3228	709	16	foreign	foreign	ADJ
cjal-3228	709	17	currency	currency	NOUN
cjal-3228	709	18	liquidity	liquidity	NOUN
cjal-3228	709	19	remains	remain	VERB
cjal-3228	709	20	ample	ample	ADJ
cjal-3228	709	21	by	by	ADP
cjal-3228	709	22	shifting	shift	VERB
cjal-3228	709	23	foreign	foreign	ADJ
cjal-3228	709	24	currency	currency	NOUN
cjal-3228	709	25	from	from	ADP
cjal-3228	709	26	banks	bank	NOUN
cjal-3228	709	27	with	with	ADP
cjal-3228	709	28	a	a	DET
cjal-3228	709	29	surplus	surplus	NOUN
cjal-3228	709	30	to	to	ADP
cjal-3228	709	31	banks	bank	NOUN
cjal-3228	709	32	with	with	ADP
cjal-3228	709	33	a	a	DET
cjal-3228	709	34	deficit	deficit	NOUN
cjal-3228	709	35	;	;	PUNCT
cjal-3228	709	36	and	and	CCONJ
cjal-3228	709	37	2	2	X
cjal-3228	709	38	)	)	PUNCT
cjal-3228	709	39	establishing	establish	VERB
cjal-3228	709	40	the	the	DET
cjal-3228	709	41	unified	unified	ADJ
cjal-3228	709	42	market	market	NOUN
cjal-3228	709	43	exchange	exchange	NOUN
cjal-3228	709	44	rate	rate	NOUN
cjal-3228	709	45	.	.	PUNCT
cjal-3228	710	1	the	the	DET
cjal-3228	710	2	cfetc	cfetc	NOUN
cjal-3228	710	3	is	be	AUX
cjal-3228	710	4	a	a	DET
cjal-3228	710	5	unified	unified	ADJ
cjal-3228	710	6	national	national	ADJ
cjal-3228	710	7	market	market	NOUN
cjal-3228	710	8	headquartered	headquarter	VERB
cjal-3228	710	9	in	in	ADP
cjal-3228	710	10	shanghai	shanghai	PROPN
cjal-3228	710	11	and	and	CCONJ
cjal-3228	710	12	linked	link	VERB
cjal-3228	710	13	to	to	ADP
cjal-3228	710	14	major	major	ADJ
cjal-3228	710	15	cities	city	NOUN
cjal-3228	710	16	across	across	ADP
cjal-3228	710	17	china	china	PROPN
cjal-3228	710	18	via	via	ADP
cjal-3228	710	19	an	an	DET
cjal-3228	710	20	electronic	electronic	ADJ
cjal-3228	710	21	network	network	NOUN
cjal-3228	710	22	.	.	PUNCT
cjal-3228	711	1	132	132	NUM
cjal-3228	711	2	the	the	DET
cjal-3228	711	3	current	current	ADJ
cjal-3228	711	4	legal	legal	ADJ
cjal-3228	711	5	regime	regime	NOUN
cjal-3228	711	6	governing	govern	VERB
cjal-3228	711	7	the	the	DET
cjal-3228	711	8	interbank	interbank	NOUN
cjal-3228	711	9	market	market	NOUN
cjal-3228	711	10	was	be	AUX
cjal-3228	711	11	established	establish	VERB
cjal-3228	711	12	in	in	ADP
cjal-3228	711	13	1995	1995	NUM
cjal-3228	711	14	by	by	ADP
cjal-3228	711	15	the	the	DET
cjal-3228	711	16	trading	trading	NOUN
cjal-3228	711	17	rules	rule	NOUN
cjal-3228	711	18	for	for	ADP
cjal-3228	711	19	the	the	DET
cjal-3228	711	20	china	china	PROPN
cjal-3228	711	21	foreign	foreign	PROPN
cjal-3228	711	22	exchange	exchange	PROPN
cjal-3228	711	23	trading	trading	NOUN
cjal-3228	711	24	center	center	NOUN
cjal-3228	711	25	market	market	NOUN
cjal-3228	711	26	(	(	PUNCT
cjal-3228	711	27	cfetc	cfetc	NOUN
cjal-3228	711	28	rules	rule	NOUN
cjal-3228	711	29	)	)	PUNCT
cjal-3228	711	30	133	133	NUM
cjal-3228	711	31	and	and	CCONJ
cjal-3228	711	32	the	the	DET
cjal-3228	711	33	1996	1996	NUM
cjal-3228	711	34	provisional	provisional	ADJ
cjal-3228	711	35	regulations	regulation	NOUN
cjal-3228	711	36	on	on	ADP
cjal-3228	711	37	management	management	NOUN
cjal-3228	711	38	of	of	ADP
cjal-3228	711	39	the	the	DET
cjal-3228	711	40	interbank	interbank	ADJ
cjal-3228	711	41	foreign	foreign	ADJ
cjal-3228	711	42	exchange	exchange	NOUN
cjal-3228	711	43	market	market	NOUN
cjal-3228	711	44	,	,	PUNCT
cjal-3228	711	45	134	134	NUM
cjal-3228	711	46	which	which	DET
cjal-3228	711	47	delegates	delegate	NOUN
cjal-3228	711	48	to	to	ADP
cjal-3228	711	49	safe	safe	ADJ
cjal-3228	711	50	responsibility	responsibility	NOUN
cjal-3228	711	51	for	for	ADP
cjal-3228	711	52	administrative	administrative	ADJ
cjal-3228	711	53	oversight	oversight	NOUN
cjal-3228	711	54	of	of	ADP
cjal-3228	711	55	the	the	DET
cjal-3228	711	56	interbank	interbank	NOUN
cjal-3228	711	57	market	market	NOUN
cjal-3228	711	58	.	.	PUNCT
cjal-3228	712	1	in	in	ADP
cjal-3228	712	2	order	order	NOUN
cjal-3228	712	3	to	to	PART
cjal-3228	712	4	trade	trade	VERB
cjal-3228	712	5	in	in	ADP
cjal-3228	712	6	the	the	DET
cjal-3228	712	7	interbank	interbank	NOUN
cjal-3228	712	8	market	market	NOUN
cjal-3228	712	9	,	,	PUNCT
cjal-3228	712	10	one	one	PRON
cjal-3228	712	11	must	must	AUX
cjal-3228	712	12	become	become	VERB
cjal-3228	712	13	a	a	DET
cjal-3228	712	14	member	member	NOUN
cjal-3228	712	15	of	of	ADP
cjal-3228	712	16	the	the	DET
cjal-3228	712	17	cfetc	cfetc	NOUN
cjal-3228	712	18	and	and	CCONJ
cjal-3228	712	19	pay	pay	VERB
cjal-3228	712	20	annual	annual	ADJ
cjal-3228	712	21	dues	due	NOUN
cjal-3228	712	22	.	.	PUNCT
cjal-3228	713	1	135	135	NUM
cjal-3228	713	2	membership	membership	NOUN
cjal-3228	713	3	is	be	AUX
cjal-3228	713	4	open	open	ADJ
cjal-3228	713	5	to	to	ADP
cjal-3228	713	6	all	all	DET
cjal-3228	713	7	domestic	domestic	ADJ
cjal-3228	713	8	and	and	CCONJ
cjal-3228	713	9	foreign	foreign	ADJ
cjal-3228	713	10	-	-	PUNCT
cjal-3228	713	11	funded	fund	VERB
cjal-3228	713	12	financial	financial	ADJ
cjal-3228	713	13	institutions	institution	NOUN
cjal-3228	713	14	licensed	license	VERB
cjal-3228	713	15	to	to	PART
cjal-3228	713	16	engage	engage	VERB
cjal-3228	713	17	in	in	ADP
cjal-3228	713	18	forex	forex	ADJ
cjal-3228	713	19	business	business	NOUN
cjal-3228	713	20	,	,	PUNCT
cjal-3228	713	21	136	136	NUM
cjal-3228	713	22	which	which	PRON
cjal-3228	713	23	may	may	AUX
cjal-3228	713	24	trade	trade	VERB
cjal-3228	713	25	on	on	ADP
cjal-3228	713	26	their	their	PRON
cjal-3228	713	27	own	own	ADJ
cjal-3228	713	28	accounts	account	NOUN
cjal-3228	713	29	or	or	CCONJ
cjal-3228	713	30	as	as	ADP
cjal-3228	713	31	agents	agent	NOUN
cjal-3228	713	32	of	of	ADP
cjal-3228	713	33	others	other	NOUN
cjal-3228	713	34	.	.	PUNCT
cjal-3228	714	1	137	137	NUM
cjal-3228	714	2	however	however	ADV
cjal-3228	714	3	,	,	PUNCT
cjal-3228	714	4	the	the	DET
cjal-3228	714	5	bulk	bulk	NOUN
cjal-3228	714	6	of	of	ADP
cjal-3228	714	7	trading	trading	NOUN
cjal-3228	714	8	on	on	ADP
cjal-3228	714	9	the	the	DET
cjal-3228	714	10	interbank	interbank	NOUN
cjal-3228	714	11	market	market	NOUN
cjal-3228	714	12	is	be	AUX
cjal-3228	714	13	conducted	conduct	VERB
cjal-3228	714	14	by	by	ADP
cjal-3228	714	15	the	the	DET
cjal-3228	714	16	bank	bank	PROPN
cjal-3228	714	17	of	of	ADP
cjal-3228	714	18	china	china	PROPN
cjal-3228	714	19	and	and	CCONJ
cjal-3228	714	20	the	the	DET
cjal-3228	714	21	pbc	pbc	PROPN
cjal-3228	714	22	,	,	PUNCT
cjal-3228	714	23	with	with	ADP
cjal-3228	714	24	the	the	DET
cjal-3228	714	25	former	former	ADJ
cjal-3228	714	26	accounting	accounting	NOUN
cjal-3228	714	27	for	for	ADP
cjal-3228	714	28	more	more	ADJ
cjal-3228	714	29	than	than	ADP
cjal-3228	714	30	half	half	NOUN
cjal-3228	714	31	of	of	ADP
cjal-3228	714	32	all	all	DET
cjal-3228	714	33	selling	selling	NOUN
cjal-3228	714	34	of	of	ADP
cjal-3228	714	35	foreign	foreign	ADJ
cjal-3228	714	36	currency	currency	NOUN
cjal-3228	714	37	and	and	CCONJ
cjal-3228	714	38	the	the	DET
cjal-3228	714	39	latter	latter	ADJ
cjal-3228	714	40	accounting	accounting	NOUN
cjal-3228	714	41	for	for	ADP
cjal-3228	714	42	the	the	DET
cjal-3228	714	43	majority	majority	NOUN
cjal-3228	714	44	of	of	ADP
cjal-3228	714	45	foreign	foreign	ADJ
cjal-3228	714	46	currency	currency	NOUN
cjal-3228	714	47	buying.138	buying.138	VERB
cjal-3228	714	48	the	the	DET
cjal-3228	714	49	government	government	NOUN
cjal-3228	714	50	has	have	AUX
cjal-3228	714	51	maintained	maintain	VERB
cjal-3228	714	52	tight	tight	ADJ
cjal-3228	714	53	restrictions	restriction	NOUN
cjal-3228	714	54	on	on	ADP
cjal-3228	714	55	the	the	DET
cjal-3228	714	56	forex	forex	ADJ
cjal-3228	714	57	trading	trading	NOUN
cjal-3228	714	58	tools	tool	NOUN
cjal-3228	714	59	available	available	ADJ
cjal-3228	714	60	on	on	ADP
cjal-3228	714	61	the	the	DET
cjal-3228	714	62	interbank	interbank	NOUN
cjal-3228	714	63	market	market	NOUN
cjal-3228	714	64	.	.	PUNCT
cjal-3228	715	1	while	while	SCONJ
cjal-3228	715	2	all	all	DET
cjal-3228	715	3	internationally	internationally	ADV
cjal-3228	715	4	accepted	accept	VERB
cjal-3228	715	5	tools	tool	NOUN
cjal-3228	715	6	are	be	AUX
cjal-3228	715	7	permitted	permit	VERB
cjal-3228	715	8	for	for	ADP
cjal-3228	715	9	trading	trading	NOUN
cjal-3228	715	10	between	between	ADP
cjal-3228	715	11	two	two	NUM
cjal-3228	715	12	foreign	foreign	ADJ
cjal-3228	715	13	currencies	currency	NOUN
cjal-3228	715	14	,	,	PUNCT
cjal-3228	715	15	as	as	ADP
cjal-3228	715	16	of	of	ADP
cjal-3228	715	17	today	today	NOUN
cjal-3228	715	18	rmb	rmb	NOUN
cjal-3228	715	19	trading	trading	NOUN
cjal-3228	715	20	is	be	AUX
cjal-3228	715	21	limited	limit	VERB
cjal-3228	715	22	to	to	PART
cjal-3228	715	23	spot	spot	VERB
cjal-3228	715	24	trading	trading	NOUN
cjal-3228	715	25	with	with	ADP
cjal-3228	715	26	the	the	DET
cjal-3228	715	27	us	us	PROPN
cjal-3228	715	28	dollar	dollar	NOUN
cjal-3228	715	29	,	,	PUNCT
cjal-3228	715	30	hong	hong	PROPN
cjal-3228	715	31	kong	kong	PROPN
cjal-3228	715	32	dollar	dollar	NOUN
cjal-3228	715	33	,	,	PUNCT
cjal-3228	715	34	japanese	japanese	ADJ
cjal-3228	715	35	yen	yen	NOUN
cjal-3228	715	36	,	,	PUNCT
cjal-3228	715	37	and	and	CCONJ
cjal-3228	715	38	euro	euro	NOUN
cjal-3228	715	39	.	.	PUNCT
cjal-3228	716	1	more	more	ADV
cjal-3228	716	2	sophisticated	sophisticated	ADJ
cjal-3228	716	3	exchange	exchange	NOUN
cjal-3228	716	4	tools	tool	NOUN
cjal-3228	716	5	,	,	PUNCT
cjal-3228	716	6	such	such	ADJ
cjal-3228	716	7	as	as	ADP
cjal-3228	716	8	currency	currency	NOUN
cjal-3228	716	9	swaps	swap	NOUN
cjal-3228	716	10	,	,	PUNCT
cjal-3228	716	11	futures	future	NOUN
cjal-3228	716	12	,	,	PUNCT
cjal-3228	716	13	and	and	CCONJ
cjal-3228	716	14	132	132	NUM
cjal-3228	716	15	the	the	DET
cjal-3228	716	16	interbank	interbank	NOUN
cjal-3228	716	17	market	market	NOUN
cjal-3228	716	18	has	have	AUX
cjal-3228	716	19	expanded	expand	VERB
cjal-3228	716	20	rapidly	rapidly	ADV
cjal-3228	716	21	since	since	SCONJ
cjal-3228	716	22	its	its	PRON
cjal-3228	716	23	inception	inception	NOUN
cjal-3228	716	24	,	,	PUNCT
cjal-3228	716	25	with	with	ADP
cjal-3228	716	26	total	total	ADJ
cjal-3228	716	27	yearly	yearly	ADJ
cjal-3228	716	28	trading	trading	NOUN
cjal-3228	716	29	volume	volume	NOUN
cjal-3228	716	30	reaching	reach	VERB
cjal-3228	716	31	us$151.1	us$151.1	PUNCT
cjal-3228	716	32	billion	billion	NUM
cjal-3228	716	33	,	,	PUNCT
cjal-3228	716	34	or	or	CCONJ
cjal-3228	716	35	us$602	us$602	VERB
cjal-3228	716	36	million	million	NUM
cjal-3228	716	37	per	per	ADP
cjal-3228	716	38	day	day	NOUN
cjal-3228	716	39	,	,	PUNCT
cjal-3228	716	40	in	in	ADP
cjal-3228	716	41	2003	2003	NUM
cjal-3228	716	42	.	.	PUNCT
cjal-3228	717	1	that	that	PRON
cjal-3228	717	2	represented	represent	VERB
cjal-3228	717	3	an	an	DET
cjal-3228	717	4	increase	increase	NOUN
cjal-3228	717	5	of	of	ADP
cjal-3228	717	6	about	about	ADV
cjal-3228	717	7	55	55	NUM
cjal-3228	717	8	%	%	NOUN
cjal-3228	717	9	over	over	ADP
cjal-3228	717	10	the	the	DET
cjal-3228	717	11	previous	previous	ADJ
cjal-3228	717	12	year	year	NOUN
cjal-3228	717	13	.	.	PUNCT
cjal-3228	718	1	more	more	ADJ
cjal-3228	718	2	than	than	ADP
cjal-3228	718	3	95	95	NUM
cjal-3228	718	4	%	%	NOUN
cjal-3228	718	5	of	of	ADP
cjal-3228	718	6	all	all	DET
cjal-3228	718	7	trades	trade	NOUN
cjal-3228	718	8	involve	involve	VERB
cjal-3228	718	9	the	the	DET
cjal-3228	718	10	u.s	u.s	PROPN
cjal-3228	718	11	.	.	PROPN
cjal-3228	718	12	dollar	dollar	NOUN
cjal-3228	718	13	.	.	PUNCT
cjal-3228	719	1	however	however	ADV
cjal-3228	719	2	,	,	PUNCT
cjal-3228	719	3	total	total	ADJ
cjal-3228	719	4	interbank	interbank	NOUN
cjal-3228	719	5	trading	trading	NOUN
cjal-3228	719	6	volume	volume	NOUN
cjal-3228	719	7	still	still	ADV
cjal-3228	719	8	only	only	ADV
cjal-3228	719	9	amounts	amount	VERB
cjal-3228	719	10	to	to	ADP
cjal-3228	719	11	less	less	ADJ
cjal-3228	719	12	than	than	ADP
cjal-3228	719	13	one	one	NUM
cjal-3228	719	14	-	-	PUNCT
cjal-3228	719	15	fifth	fifth	NOUN
cjal-3228	719	16	of	of	ADP
cjal-3228	719	17	china	china	PROPN
cjal-3228	719	18	's	's	PART
cjal-3228	719	19	total	total	ADJ
cjal-3228	719	20	foreign	foreign	ADJ
cjal-3228	719	21	trade	trade	NOUN
cjal-3228	719	22	volume	volume	NOUN
cjal-3228	719	23	,	,	PUNCT
cjal-3228	719	24	which	which	PRON
cjal-3228	719	25	may	may	AUX
cjal-3228	719	26	suggest	suggest	VERB
cjal-3228	719	27	that	that	SCONJ
cjal-3228	719	28	a	a	DET
cjal-3228	719	29	large	large	ADJ
cjal-3228	719	30	amount	amount	NOUN
cjal-3228	719	31	of	of	ADP
cjal-3228	719	32	foreign	foreign	ADJ
cjal-3228	719	33	exchange	exchange	NOUN
cjal-3228	719	34	transactions	transaction	NOUN
cjal-3228	719	35	occur	occur	VERB
cjal-3228	719	36	outside	outside	ADP
cjal-3228	719	37	of	of	ADP
cjal-3228	719	38	the	the	DET
cjal-3228	719	39	legal	legal	ADJ
cjal-3228	719	40	forex	forex	ADJ
cjal-3228	719	41	market	market	NOUN
cjal-3228	719	42	.	.	PUNCT
cjal-3228	720	1	2003	2003	NUM
cjal-3228	720	2	nian	nian	ADJ
cjal-3228	720	3	zhongguo	zhongguo	PROPN
cjal-3228	720	4	hobi	hobi	PROPN
cjal-3228	720	5	zengce	zengce	PROPN
cjal-3228	720	6	zhixing	zhixing	NOUN
cjal-3228	720	7	baogao	baogao	NOUN
cjal-3228	720	8	[	[	X
cjal-3228	720	9	china	china	PROPN
cjal-3228	720	10	2003	2003	NUM
cjal-3228	720	11	annual	annual	ADJ
cjal-3228	720	12	report	report	NOUN
cjal-3228	720	13	on	on	ADP
cjal-3228	720	14	monetary	monetary	ADJ
cjal-3228	720	15	policy	policy	NOUN
cjal-3228	720	16	execution	execution	NOUN
cjal-3228	720	17	]	]	PUNCT
cjal-3228	720	18	(	(	PUNCT
cjal-3228	720	19	2003	2003	NUM
cjal-3228	720	20	annual	annual	ADJ
cjal-3228	720	21	report	report	NOUN
cjal-3228	720	22	)	)	PUNCT
cjal-3228	720	23	,	,	PUNCT
cjal-3228	720	24	htto://www.pbc.gov.cn/xinwen/?id=790	htto://www.pbc.gov.cn/xinwen/?id=790	NUM
cjal-3228	720	25	.	.	PUNCT
cjal-3228	721	1	133	133	NUM
cjal-3228	721	2	zhongguo	zhongguo	PROPN
cjal-3228	721	3	waihui	waihui	PROPN
cjal-3228	721	4	jiaoyi	jiaoyi	PROPN
cjal-3228	721	5	zhongxin	zhongxin	PROPN
cjal-3228	721	6	shichang	shichang	PROPN
cjal-3228	721	7	jiaoyi	jiaoyi	PROPN
cjal-3228	721	8	guize	guize	PROPN
cjal-3228	721	9	,	,	PUNCT
cjal-3228	721	10	promulgated	promulgate	VERB
cjal-3228	721	11	by	by	ADP
cjal-3228	721	12	safe	safe	ADJ
cjal-3228	721	13	on	on	ADP
cjal-3228	721	14	and	and	CCONJ
cjal-3228	721	15	effective	effective	ADJ
cjal-3228	721	16	as	as	ADP
cjal-3228	721	17	of	of	ADP
cjal-3228	721	18	jan	jan	PROPN
cjal-3228	721	19	.	.	PROPN
cjal-3228	721	20	14	14	NUM
cjal-3228	721	21	,	,	PUNCT
cjal-3228	721	22	1995	1995	NUM
cjal-3228	721	23	.	.	PUNCT
cjal-3228	722	1	134	134	NUM
cjal-3228	722	2	yinhangjian	yinhangjian	NOUN
cjal-3228	722	3	waihui	waihui	PROPN
cjal-3228	722	4	shichang	shichang	PROPN
cjal-3228	722	5	guanli	guanli	PROPN
cjal-3228	722	6	zanxing	zanxing	PROPN
cjal-3228	722	7	guiding	guiding	NOUN
cjal-3228	722	8	,	,	PUNCT
cjal-3228	722	9	promulgated	promulgate	VERB
cjal-3228	722	10	by	by	ADP
cjal-3228	722	11	the	the	DET
cjal-3228	722	12	pbc	pbc	PROPN
cjal-3228	722	13	on	on	ADP
cjal-3228	722	14	and	and	CCONJ
cjal-3228	722	15	effective	effective	ADJ
cjal-3228	722	16	as	as	ADP
cjal-3228	722	17	of	of	ADP
cjal-3228	722	18	nov	nov	PROPN
cjal-3228	722	19	.	.	PROPN
cjal-3228	722	20	29	29	NUM
cjal-3228	722	21	,	,	PUNCT
cjal-3228	722	22	1996	1996	NUM
cjal-3228	722	23	.	.	PUNCT
cjal-3228	723	1	135	135	NUM
cjal-3228	723	2	cfetc	cfetc	NOUN
cjal-3228	723	3	rules	rule	NOUN
cjal-3228	723	4	,	,	PUNCT
cjal-3228	723	5	supra	supra	PROPN
cjal-3228	723	6	note	note	PROPN
cjal-3228	723	7	133	133	NUM
cjal-3228	723	8	,	,	PUNCT
cjal-3228	723	9	art	art	NOUN
cjal-3228	723	10	.	.	PUNCT
cjal-3228	724	1	7	7	X
cjal-3228	724	2	.	.	X
cjal-3228	724	3	136	136	NUM
cjal-3228	725	1	i	i	PRON
cjal-3228	725	2	d.	d.	PROPN
cjal-3228	725	3	i	i	PRON
cjal-3228	725	4	d.	d.	PROPN
cjal-3228	725	5	art	art	PROPN
cjal-3228	725	6	.	.	PUNCT
cjal-3228	726	1	9	9	X
cjal-3228	726	2	.	.	X
cjal-3228	726	3	138	138	NUM
cjal-3228	726	4	see	see	NOUN
cjal-3228	726	5	lin	lin	PROPN
cjal-3228	726	6	,	,	PUNCT
cjal-3228	726	7	supra	supra	PROPN
cjal-3228	726	8	note	note	PROPN
cjal-3228	726	9	22	22	NUM
cjal-3228	726	10	,	,	PUNCT
cjal-3228	726	11	at	at	ADP
cjal-3228	726	12	24	24	NUM
cjal-3228	726	13	.	.	PUNCT
cjal-3228	726	14	2004	2004	NUM
cjal-3228	726	15	]	]	PUNCT
cjal-3228	726	16	col	col	PROPN
cjal-3228	726	17	umbia	umbia	PROPN
cjal-3228	726	18	journal	journal	PROPN
cjal-3228	726	19	of	of	ADP
cjal-3228	726	20	asian	asian	ADJ
cjal-3228	726	21	law	law	NOUN
cjal-3228	726	22	options	option	NOUN
cjal-3228	726	23	are	be	AUX
cjal-3228	726	24	not	not	PART
cjal-3228	726	25	yet	yet	ADV
cjal-3228	726	26	available	available	ADJ
cjal-3228	726	27	on	on	ADP
cjal-3228	726	28	the	the	DET
cjal-3228	726	29	interbank	interbank	NOUN
cjal-3228	726	30	market	market	NOUN
cjal-3228	726	31	,	,	PUNCT
cjal-3228	726	32	although	although	SCONJ
cjal-3228	726	33	certain	certain	ADJ
cjal-3228	726	34	banks	bank	NOUN
cjal-3228	726	35	have	have	AUX
cjal-3228	726	36	received	receive	VERB
cjal-3228	726	37	permission	permission	NOUN
cjal-3228	726	38	to	to	PART
cjal-3228	726	39	offer	offer	VERB
cjal-3228	726	40	these	these	DET
cjal-3228	726	41	services	service	NOUN
cjal-3228	726	42	to	to	ADP
cjal-3228	726	43	their	their	PRON
cjal-3228	726	44	clients	client	NOUN
cjal-3228	726	45	.	.	PUNCT
cjal-3228	727	1	139	139	NUM
cjal-3228	727	2	the	the	DET
cjal-3228	727	3	government	government	NOUN
cjal-3228	727	4	has	have	AUX
cjal-3228	727	5	imposed	impose	VERB
cjal-3228	727	6	tight	tight	ADJ
cjal-3228	727	7	restrictions	restriction	NOUN
cjal-3228	727	8	on	on	ADP
cjal-3228	727	9	exchange	exchange	NOUN
cjal-3228	727	10	rate	rate	NOUN
cjal-3228	727	11	movements	movement	NOUN
cjal-3228	727	12	in	in	ADP
cjal-3228	727	13	order	order	NOUN
cjal-3228	727	14	to	to	PART
cjal-3228	727	15	limit	limit	VERB
cjal-3228	727	16	volatility	volatility	NOUN
cjal-3228	727	17	in	in	ADP
cjal-3228	727	18	the	the	DET
cjal-3228	727	19	interbank	interbank	NOUN
cjal-3228	727	20	market	market	NOUN
cjal-3228	727	21	.	.	PUNCT
cjal-3228	728	1	every	every	DET
cjal-3228	728	2	trading	trading	NOUN
cjal-3228	728	3	day	day	NOUN
cjal-3228	728	4	morning	morning	NOUN
cjal-3228	728	5	the	the	DET
cjal-3228	728	6	pbc	pbc	PROPN
cjal-3228	728	7	posts	post	VERB
cjal-3228	728	8	a	a	DET
cjal-3228	728	9	median	median	ADJ
cjal-3228	728	10	price	price	NOUN
cjal-3228	728	11	,	,	PUNCT
cjal-3228	728	12	known	know	VERB
cjal-3228	728	13	as	as	ADP
cjal-3228	728	14	the	the	DET
cjal-3228	728	15	reference	reference	NOUN
cjal-3228	728	16	rate	rate	NOUN
cjal-3228	728	17	(	(	PUNCT
cjal-3228	728	18	jizhun	jizhun	PROPN
cjal-3228	728	19	huijia	huijia	PROPN
cjal-3228	728	20	)	)	PUNCT
cjal-3228	728	21	,	,	PUNCT
cjal-3228	728	22	based	base	VERB
cjal-3228	728	23	on	on	ADP
cjal-3228	728	24	the	the	DET
cjal-3228	728	25	previous	previous	ADJ
cjal-3228	728	26	day	day	NOUN
cjal-3228	728	27	's	's	PART
cjal-3228	728	28	weighted	weight	VERB
cjal-3228	728	29	average	average	ADJ
cjal-3228	728	30	exchange	exchange	NOUN
cjal-3228	728	31	rate	rate	NOUN
cjal-3228	728	32	for	for	ADP
cjal-3228	728	33	the	the	DET
cjal-3228	728	34	four	four	NUM
cjal-3228	728	35	currencies	currency	NOUN
cjal-3228	728	36	traded	trade	VERB
cjal-3228	728	37	with	with	ADP
cjal-3228	728	38	the	the	DET
cjal-3228	728	39	rmb	rmb	NOUN
cjal-3228	728	40	.	.	PUNCT
cjal-3228	729	1	each	each	DET
cjal-3228	729	2	currency	currency	NOUN
cjal-3228	729	3	's	's	PART
cjal-3228	729	4	exchange	exchange	NOUN
cjal-3228	729	5	rate	rate	NOUN
cjal-3228	729	6	is	be	AUX
cjal-3228	729	7	then	then	ADV
cjal-3228	729	8	allowed	allow	VERB
cjal-3228	729	9	to	to	PART
cjal-3228	729	10	fluctuate	fluctuate	VERB
cjal-3228	729	11	only	only	ADV
cjal-3228	729	12	within	within	ADP
cjal-3228	729	13	a	a	DET
cjal-3228	729	14	certain	certain	ADJ
cjal-3228	729	15	range	range	NOUN
cjal-3228	729	16	from	from	ADP
cjal-3228	729	17	the	the	DET
cjal-3228	729	18	reference	reference	NOUN
cjal-3228	729	19	rate	rate	NOUN
cjal-3228	729	20	.	.	PUNCT
cjal-3228	730	1	since	since	SCONJ
cjal-3228	730	2	june	june	PROPN
cjal-3228	730	3	1996	1996	NUM
cjal-3228	730	4	,	,	PUNCT
cjal-3228	730	5	the	the	DET
cjal-3228	730	6	u.s	u.s	PROPN
cjal-3228	730	7	.	.	PROPN
cjal-3228	730	8	dollar	dollar	NOUN
cjal-3228	730	9	rate	rate	NOUN
cjal-3228	730	10	has	have	AUX
cjal-3228	730	11	been	be	AUX
cjal-3228	730	12	permitted	permit	VERB
cjal-3228	730	13	to	to	PART
cjal-3228	730	14	fluctuate	fluctuate	VERB
cjal-3228	730	15	by	by	ADP
cjal-3228	730	16	0.3	0.3	NUM
cjal-3228	730	17	%	%	NOUN
cjal-3228	730	18	in	in	ADP
cjal-3228	730	19	either	either	DET
cjal-3228	730	20	direction	direction	NOUN
cjal-3228	730	21	,	,	PUNCT
cjal-3228	730	22	while	while	SCONJ
cjal-3228	730	23	the	the	DET
cjal-3228	730	24	yen	yen	NOUN
cjal-3228	730	25	and	and	CCONJ
cjal-3228	730	26	hk	hk	PROPN
cjal-3228	730	27	dollar	dollar	NOUN
cjal-3228	730	28	may	may	AUX
cjal-3228	730	29	appreciate	appreciate	VERB
cjal-3228	730	30	or	or	CCONJ
cjal-3228	730	31	depreciate	depreciate	VERB
cjal-3228	730	32	up	up	ADP
cjal-3228	730	33	to	to	PART
cjal-3228	730	34	1	1	NUM
cjal-3228	730	35	%	%	NOUN
cjal-3228	730	36	a	a	DET
cjal-3228	730	37	day.140	day.140	NOUN
cjal-3228	730	38	the	the	DET
cjal-3228	730	39	euro	euro	NOUN
cjal-3228	730	40	,	,	PUNCT
cjal-3228	730	41	which	which	PRON
cjal-3228	730	42	began	begin	VERB
cjal-3228	730	43	trading	trade	VERB
cjal-3228	730	44	on	on	ADP
cjal-3228	730	45	the	the	DET
cjal-3228	730	46	interbank	interbank	NOUN
cjal-3228	730	47	market	market	NOUN
cjal-3228	730	48	on	on	ADP
cjal-3228	730	49	april	april	PROPN
cjal-3228	730	50	1	1	NUM
cjal-3228	730	51	,	,	PUNCT
cjal-3228	730	52	2002	2002	NUM
cjal-3228	730	53	,	,	PUNCT
cjal-3228	730	54	is	be	AUX
cjal-3228	730	55	allowed	allow	VERB
cjal-3228	730	56	to	to	PART
cjal-3228	730	57	fluctuate	fluctuate	VERB
cjal-3228	730	58	up	up	ADP
cjal-3228	730	59	to	to	PART
cjal-3228	730	60	10	10	NUM
cjal-3228	730	61	%	%	NOUN
cjal-3228	730	62	per	per	ADP
cjal-3228	730	63	day	day	NOUN
cjal-3228	730	64	.	.	PUNCT
cjal-3228	731	1	14	14	NUM
cjal-3228	731	2	1	1	NUM
cjal-3228	731	3	retail	retail	ADJ
cjal-3228	731	4	rates	rate	NOUN
cjal-3228	731	5	which	which	PRON
cjal-3228	731	6	banks	bank	NOUN
cjal-3228	731	7	charge	charge	VERB
cjal-3228	731	8	their	their	PRON
cjal-3228	731	9	customers	customer	NOUN
cjal-3228	731	10	are	be	AUX
cjal-3228	731	11	restricted	restrict	VERB
cjal-3228	731	12	to	to	PART
cjal-3228	731	13	similarly	similarly	ADV
cjal-3228	731	14	narrow	narrow	VERB
cjal-3228	731	15	bands	band	NOUN
cjal-3228	731	16	in	in	ADP
cjal-3228	731	17	relation	relation	NOUN
cjal-3228	731	18	to	to	ADP
cjal-3228	731	19	the	the	DET
cjal-3228	731	20	reference	reference	NOUN
cjal-3228	731	21	rate	rate	NOUN
cjal-3228	731	22	.	.	PUNCT
cjal-3228	732	1	142	142	NUM
cjal-3228	732	2	while	while	SCONJ
cjal-3228	732	3	there	there	PRON
cjal-3228	732	4	has	have	AUX
cjal-3228	732	5	been	be	AUX
cjal-3228	732	6	widespread	widespread	ADJ
cjal-3228	732	7	speculation	speculation	NOUN
cjal-3228	732	8	for	for	ADP
cjal-3228	732	9	several	several	ADJ
cjal-3228	732	10	years	year	NOUN
cjal-3228	732	11	that	that	SCONJ
cjal-3228	732	12	the	the	DET
cjal-3228	732	13	daily	daily	ADJ
cjal-3228	732	14	trading	trading	NOUN
cjal-3228	732	15	band	band	NOUN
cjal-3228	732	16	will	will	AUX
cjal-3228	732	17	be	be	AUX
cjal-3228	732	18	widened	widen	VERB
cjal-3228	733	1	,	,	PUNCT
cjal-3228	733	2	the	the	DET
cjal-3228	733	3	band	band	NOUN
cjal-3228	733	4	has	have	AUX
cjal-3228	733	5	remained	remain	VERB
cjal-3228	733	6	essentially	essentially	ADV
cjal-3228	733	7	unchanged	unchanged	ADJ
cjal-3228	733	8	since	since	SCONJ
cjal-3228	733	9	1996.143	1996.143	NUM
cjal-3228	733	10	c.	c.	PROPN
cjal-3228	733	11	central	central	PROPN
cjal-3228	733	12	bank	bank	PROPN
cjal-3228	733	13	intervention	intervention	NOUN
cjal-3228	733	14	although	although	SCONJ
cjal-3228	733	15	the	the	DET
cjal-3228	733	16	daily	daily	ADJ
cjal-3228	733	17	trading	trading	NOUN
cjal-3228	733	18	bands	band	NOUN
cjal-3228	733	19	restrict	restrict	VERB
cjal-3228	733	20	short	short	ADJ
cjal-3228	733	21	-	-	PUNCT
cjal-3228	733	22	term	term	NOUN
cjal-3228	733	23	volatility	volatility	NOUN
cjal-3228	733	24	in	in	ADP
cjal-3228	733	25	the	the	DET
cjal-3228	733	26	forex	forex	ADJ
cjal-3228	733	27	market	market	NOUN
cjal-3228	733	28	,	,	PUNCT
cjal-3228	733	29	they	they	PRON
cjal-3228	733	30	do	do	AUX
cjal-3228	733	31	not	not	PART
cjal-3228	733	32	in	in	ADP
cjal-3228	733	33	and	and	CCONJ
cjal-3228	733	34	of	of	ADP
cjal-3228	733	35	themselves	themselves	PRON
cjal-3228	733	36	prevent	prevent	VERB
cjal-3228	733	37	longer	long	ADJ
cjal-3228	733	38	-	-	PUNCT
cjal-3228	733	39	term	term	NOUN
cjal-3228	733	40	appreciation	appreciation	NOUN
cjal-3228	733	41	or	or	CCONJ
cjal-3228	733	42	depreciation	depreciation	NOUN
cjal-3228	733	43	of	of	ADP
cjal-3228	733	44	the	the	DET
cjal-3228	733	45	rmb	rmb	PROPN
cjal-3228	733	46	exchange	exchange	NOUN
cjal-3228	733	47	rate	rate	NOUN
cjal-3228	733	48	.	.	PUNCT
cjal-3228	734	1	rather	rather	ADV
cjal-3228	734	2	,	,	PUNCT
cjal-3228	734	3	the	the	DET
cjal-3228	734	4	central	central	ADJ
cjal-3228	734	5	bank	bank	NOUN
cjal-3228	734	6	maintains	maintain	VERB
cjal-3228	734	7	the	the	DET
cjal-3228	734	8	desired	desire	VERB
cjal-3228	734	9	exchange	exchange	NOUN
cjal-3228	734	10	rate	rate	NOUN
cjal-3228	734	11	level	level	NOUN
cjal-3228	734	12	by	by	ADP
cjal-3228	734	13	entering	enter	VERB
cjal-3228	734	14	the	the	DET
cjal-3228	734	15	market	market	NOUN
cjal-3228	734	16	to	to	PART
cjal-3228	734	17	buy	buy	VERB
cjal-3228	734	18	and	and	CCONJ
cjal-3228	734	19	sell	sell	VERB
cjal-3228	734	20	foreign	foreign	ADJ
cjal-3228	734	21	currency	currency	NOUN
cjal-3228	734	22	on	on	ADP
cjal-3228	734	23	its	its	PRON
cjal-3228	734	24	own	own	ADJ
cjal-3228	734	25	account	account	NOUN
cjal-3228	734	26	.	.	PUNCT
cjal-3228	735	1	because	because	SCONJ
cjal-3228	735	2	of	of	ADP
cjal-3228	735	3	139	139	NUM
cjal-3228	735	4	as	as	ADP
cjal-3228	735	5	of	of	ADP
cjal-3228	735	6	mid-2003	mid-2003	NOUN
cjal-3228	735	7	,	,	PUNCT
cjal-3228	735	8	only	only	ADV
cjal-3228	735	9	four	four	NUM
cjal-3228	735	10	chinese	chinese	ADJ
cjal-3228	735	11	banks	bank	NOUN
cjal-3228	735	12	were	be	AUX
cjal-3228	735	13	permitted	permit	VERB
cjal-3228	735	14	to	to	PART
cjal-3228	735	15	offer	offer	VERB
cjal-3228	735	16	rmb	rmb	VERB
cjal-3228	735	17	forward	forward	ADJ
cjal-3228	735	18	contracts	contract	NOUN
cjal-3228	735	19	to	to	ADP
cjal-3228	735	20	customers	customer	NOUN
cjal-3228	735	21	.	.	PUNCT
cjal-3228	736	1	see	see	VERB
cjal-3228	736	2	chinese	chinese	ADJ
cjal-3228	736	3	enterprises	enterprise	NOUN
cjal-3228	736	4	alert	alert	VERB
cjal-3228	736	5	against	against	ADP
cjal-3228	736	6	exchange	exchange	NOUN
cjal-3228	736	7	rate	rate	NOUN
cjal-3228	736	8	risks	risk	NOUN
cjal-3228	736	9	,	,	PUNCT
cjal-3228	736	10	supra	supra	PROPN
cjal-3228	736	11	note	note	NOUN
cjal-3228	736	12	127	127	NUM
cjal-3228	736	13	.	.	PUNCT
cjal-3228	737	1	according	accord	VERB
cjal-3228	737	2	to	to	ADP
cjal-3228	737	3	the	the	DET
cjal-3228	737	4	zhongguo	zhongguo	PROPN
cjal-3228	737	5	renmin	renmin	PROPN
cjal-3228	737	6	yinhang	yinhang	PROPN
cjal-3228	737	7	yuanqi	yuanqi	PROPN
cjal-3228	737	8	jieshouhui	jieshouhui	PROPN
cjal-3228	737	9	yewu	yewu	PROPN
cjal-3228	737	10	zanxing	zanxe	VERB
cjal-3228	737	11	guanli	guanli	PROPN
cjal-3228	737	12	banfa	banfa	NOUN
cjal-3228	737	13	[	[	X
cjal-3228	737	14	people	people	NOUN
cjal-3228	737	15	's	's	PART
cjal-3228	737	16	bank	bank	PROPN
cjal-3228	737	17	of	of	ADP
cjal-3228	737	18	china	china	PROPN
cjal-3228	737	19	provisional	provisional	ADJ
cjal-3228	737	20	management	management	NOUN
cjal-3228	737	21	measures	measure	NOUN
cjal-3228	737	22	for	for	ADP
cjal-3228	737	23	the	the	DET
cjal-3228	737	24	settlement	settlement	NOUN
cjal-3228	737	25	and	and	CCONJ
cjal-3228	737	26	sale	sale	NOUN
cjal-3228	737	27	of	of	ADP
cjal-3228	737	28	foreign	foreign	ADJ
cjal-3228	737	29	exchange	exchange	NOUN
cjal-3228	737	30	forwards	forward	VERB
cjal-3228	737	31	business	business	NOUN
cjal-3228	737	32	]	]	PUNCT
cjal-3228	737	33	,	,	PUNCT
cjal-3228	737	34	promulgated	promulgate	VERB
cjal-3228	737	35	by	by	ADP
cjal-3228	737	36	the	the	DET
cjal-3228	737	37	pbc	pbc	PROPN
cjal-3228	737	38	on	on	ADP
cjal-3228	737	39	jan	jan	PROPN
cjal-3228	737	40	.	.	PROPN
cjal-3228	737	41	18	18	NUM
cjal-3228	737	42	,	,	PUNCT
cjal-3228	737	43	1997	1997	NUM
cjal-3228	737	44	and	and	CCONJ
cjal-3228	737	45	effective	effective	ADJ
cjal-3228	737	46	as	as	ADP
cjal-3228	737	47	of	of	ADP
cjal-3228	737	48	jan	jan	PROPN
cjal-3228	737	49	.	.	PROPN
cjal-3228	737	50	1	1	NUM
cjal-3228	737	51	,	,	PUNCT
cjal-3228	737	52	1997	1997	NUM
cjal-3228	737	53	,	,	PUNCT
cjal-3228	737	54	designated	designate	VERB
cjal-3228	737	55	forex	forex	ADJ
cjal-3228	737	56	banks	bank	NOUN
cjal-3228	737	57	can	can	AUX
cjal-3228	737	58	apply	apply	VERB
cjal-3228	737	59	for	for	ADP
cjal-3228	737	60	a	a	DET
cjal-3228	737	61	permit	permit	NOUN
cjal-3228	737	62	to	to	PART
cjal-3228	737	63	engage	engage	VERB
cjal-3228	737	64	in	in	ADP
cjal-3228	737	65	forward	forward	ADJ
cjal-3228	737	66	contracts	contract	NOUN
cjal-3228	737	67	,	,	PUNCT
cjal-3228	737	68	limited	limit	VERB
cjal-3228	737	69	to	to	ADP
cjal-3228	737	70	120	120	NUM
cjal-3228	737	71	dads	dad	NOUN
cjal-3228	737	72	,	,	PUNCT
cjal-3228	737	73	with	with	ADP
cjal-3228	737	74	clients	client	NOUN
cjal-3228	737	75	.	.	PUNCT
cjal-3228	738	1	14	14	NUM
cjal-3228	738	2	see	see	VERB
cjal-3228	738	3	the	the	DET
cjal-3228	738	4	evolution	evolution	NOUN
cjal-3228	738	5	of	of	ADP
cjal-3228	738	6	china	china	PROPN
cjal-3228	738	7	's	's	PART
cjal-3228	738	8	foreign	foreign	ADJ
cjal-3228	738	9	exchange	exchange	NOUN
cjal-3228	738	10	management	management	NOUN
cjal-3228	738	11	system	system	NOUN
cjal-3228	738	12	,	,	PUNCT
cjal-3228	738	13	supra	supra	PROPN
cjal-3228	738	14	note	note	NOUN
cjal-3228	738	15	17	17	NUM
cjal-3228	738	16	.	.	PUNCT
cjal-3228	738	17	141	141	NUM
cjal-3228	739	1	i	i	PRON
cjal-3228	739	2	d.	d.	PROPN
cjal-3228	739	3	142	142	NUM
cjal-3228	739	4	banks	bank	NOUN
cjal-3228	739	5	permitted	permit	VERB
cjal-3228	739	6	to	to	PART
cjal-3228	739	7	deal	deal	VERB
cjal-3228	739	8	in	in	ADP
cjal-3228	739	9	foreign	foreign	ADJ
cjal-3228	739	10	exchange	exchange	NOUN
cjal-3228	739	11	can	can	AUX
cjal-3228	739	12	post	post	VERB
cjal-3228	739	13	retail	retail	ADJ
cjal-3228	739	14	buy	buy	NOUN
cjal-3228	739	15	and	and	CCONJ
cjal-3228	739	16	sell	sell	VERB
cjal-3228	739	17	rates	rate	NOUN
cjal-3228	739	18	on	on	ADP
cjal-3228	739	19	a	a	DET
cjal-3228	739	20	daily	daily	ADJ
cjal-3228	739	21	basis	basis	NOUN
cjal-3228	739	22	within	within	ADP
cjal-3228	739	23	0.17	0.17	NUM
cjal-3228	739	24	%	%	NOUN
cjal-3228	739	25	above	above	ADP
cjal-3228	739	26	or	or	CCONJ
cjal-3228	739	27	below	below	ADP
cjal-3228	739	28	the	the	DET
cjal-3228	739	29	pbc	pbc	PROPN
cjal-3228	739	30	reference	reference	NOUN
cjal-3228	739	31	rate	rate	NOUN
cjal-3228	739	32	for	for	ADP
cjal-3228	739	33	the	the	DET
cjal-3228	739	34	us	us	PROPN
cjal-3228	739	35	dollar	dollar	NOUN
cjal-3228	739	36	,	,	PUNCT
cjal-3228	739	37	and	and	CCONJ
cjal-3228	739	38	within	within	ADP
cjal-3228	739	39	1	1	NUM
cjal-3228	739	40	%	%	NOUN
cjal-3228	739	41	for	for	ADP
cjal-3228	739	42	the	the	DET
cjal-3228	739	43	other	other	ADJ
cjal-3228	739	44	three	three	NUM
cjal-3228	739	45	currencies	currency	NOUN
cjal-3228	739	46	.	.	PUNCT
cjal-3228	740	1	retail	retail	ADJ
cjal-3228	740	2	rates	rate	NOUN
cjal-3228	740	3	for	for	ADP
cjal-3228	740	4	all	all	DET
cjal-3228	740	5	other	other	ADJ
cjal-3228	740	6	currencies	currency	NOUN
cjal-3228	740	7	are	be	AUX
cjal-3228	740	8	determined	determine	VERB
cjal-3228	740	9	by	by	ADP
cjal-3228	740	10	reference	reference	NOUN
cjal-3228	740	11	to	to	ADP
cjal-3228	740	12	the	the	DET
cjal-3228	740	13	us	us	PROPN
cjal-3228	740	14	dollar	dollar	NOUN
cjal-3228	740	15	interbank	interbank	NOUN
cjal-3228	740	16	rate	rate	NOUN
cjal-3228	740	17	and	and	CCONJ
cjal-3228	740	18	the	the	DET
cjal-3228	740	19	exchange	exchange	NOUN
cjal-3228	740	20	rate	rate	NOUN
cjal-3228	740	21	between	between	ADP
cjal-3228	740	22	the	the	DET
cjal-3228	740	23	usd	usd	NOUN
cjal-3228	740	24	and	and	CCONJ
cjal-3228	740	25	the	the	DET
cjal-3228	740	26	currency	currency	NOUN
cjal-3228	740	27	in	in	ADP
cjal-3228	740	28	question	question	NOUN
cjal-3228	740	29	on	on	ADP
cjal-3228	740	30	international	international	ADJ
cjal-3228	740	31	markets	market	NOUN
cjal-3228	740	32	.	.	PUNCT
cjal-3228	741	1	buy	buy	VERB
cjal-3228	741	2	rates	rate	NOUN
cjal-3228	741	3	for	for	ADP
cjal-3228	741	4	cash	cash	NOUN
cjal-3228	741	5	are	be	AUX
cjal-3228	741	6	allowed	allow	VERB
cjal-3228	741	7	a	a	DET
cjal-3228	741	8	further	further	ADJ
cjal-3228	741	9	small	small	ADJ
cjal-3228	741	10	margin	margin	NOUN
cjal-3228	741	11	over	over	ADP
cjal-3228	741	12	the	the	DET
cjal-3228	741	13	non	non	ADJ
cjal-3228	741	14	-	-	ADJ
cjal-3228	741	15	cash	cash	ADJ
cjal-3228	741	16	buy	buy	NOUN
cjal-3228	741	17	rate	rate	NOUN
cjal-3228	741	18	.	.	PUNCT
cjal-3228	742	1	i	i	PRON
cjal-3228	742	2	d.	d.	PROPN
cjal-3228	742	3	143	143	NUM
cjal-3228	742	4	the	the	DET
cjal-3228	742	5	current	current	ADJ
cjal-3228	742	6	permitted	permit	VERB
cjal-3228	742	7	daily	daily	ADJ
cjal-3228	742	8	exchange	exchange	NOUN
cjal-3228	742	9	rate	rate	NOUN
cjal-3228	742	10	movements	movement	NOUN
cjal-3228	742	11	for	for	ADP
cjal-3228	742	12	the	the	DET
cjal-3228	742	13	u.s	u.s	PROPN
cjal-3228	742	14	.	.	PROPN
cjal-3228	742	15	dollar	dollar	NOUN
cjal-3228	742	16	,	,	PUNCT
cjal-3228	742	17	hk	hk	NOUN
cjal-3228	742	18	dollar	dollar	NOUN
cjal-3228	742	19	,	,	PUNCT
cjal-3228	742	20	and	and	CCONJ
cjal-3228	742	21	japanese	japanese	ADJ
cjal-3228	742	22	yen	yen	NOUN
cjal-3228	742	23	were	be	AUX
cjal-3228	742	24	established	establish	VERB
cjal-3228	742	25	by	by	ADP
cjal-3228	742	26	the	the	DET
cjal-3228	742	27	guanyu	guanyu	PROPN
cjal-3228	742	28	waishang	waishang	PROPN
cjal-3228	743	1	touzi	touzi	PROPN
cjal-3228	743	2	qiye	qiye	PROPN
cjal-3228	744	1	yinhang	yinhang	PROPN
cjal-3228	744	2	jieshouhui	jieshouhui	PROPN
cjal-3228	744	3	hou	hou	PROPN
cjal-3228	744	4	waihui	waihui	PROPN
cjal-3228	744	5	shichang	shichang	PROPN
cjal-3228	744	6	youguan	youguan	PROPN
cjal-3228	744	7	wenti	wenti	PROPN
cjal-3228	744	8	de	de	PROPN
cjal-3228	744	9	tongzhi	tongzhi	PROPN
cjal-3228	745	1	[	[	X
cjal-3228	745	2	notice	notice	NOUN
cjal-3228	745	3	on	on	ADP
cjal-3228	745	4	questions	question	NOUN
cjal-3228	745	5	relating	relate	VERB
cjal-3228	745	6	to	to	ADP
cjal-3228	745	7	post	post	ADJ
cjal-3228	745	8	-	-	ADJ
cjal-3228	745	9	bank	bank	ADJ
cjal-3228	745	10	settlement	settlement	NOUN
cjal-3228	745	11	foreign	foreign	ADJ
cjal-3228	745	12	exchange	exchange	NOUN
cjal-3228	745	13	trading	trading	NOUN
cjal-3228	745	14	]	]	PUNCT
cjal-3228	745	15	,	,	PUNCT
cjal-3228	745	16	promulgated	promulgate	VERB
cjal-3228	745	17	by	by	ADP
cjal-3228	745	18	safe	safe	ADJ
cjal-3228	745	19	on	on	ADP
cjal-3228	745	20	and	and	CCONJ
cjal-3228	745	21	effective	effective	ADJ
cjal-3228	745	22	as	as	ADP
cjal-3228	745	23	of	of	ADP
cjal-3228	745	24	june	june	PROPN
cjal-3228	745	25	28	28	NUM
cjal-3228	745	26	,	,	PUNCT
cjal-3228	745	27	1996	1996	NUM
cjal-3228	745	28	.	.	PUNCT
cjal-3228	746	1	[	[	X
cjal-3228	746	2	17:2	17:2	NUM
cjal-3228	746	3	china	china	PROPN
cjal-3228	746	4	's	's	PART
cjal-3228	746	5	system	system	NOUN
cjal-3228	746	6	of	of	ADP
cjal-3228	746	7	foreign	foreign	ADJ
cjal-3228	746	8	exchange	exchange	NOUN
cjal-3228	746	9	the	the	DET
cjal-3228	746	10	general	general	ADJ
cjal-3228	746	11	condition	condition	NOUN
cjal-3228	746	12	of	of	ADP
cjal-3228	746	13	oversupply	oversupply	NOUN
cjal-3228	746	14	of	of	ADP
cjal-3228	746	15	foreign	foreign	ADJ
cjal-3228	746	16	currency	currency	NOUN
cjal-3228	746	17	in	in	ADP
cjal-3228	746	18	the	the	DET
cjal-3228	746	19	interbank	interbank	NOUN
cjal-3228	746	20	market	market	NOUN
cjal-3228	746	21	,	,	PUNCT
cjal-3228	746	22	the	the	DET
cjal-3228	746	23	central	central	ADJ
cjal-3228	746	24	bank	bank	NOUN
cjal-3228	746	25	has	have	AUX
cjal-3228	746	26	been	be	AUX
cjal-3228	746	27	a	a	DET
cjal-3228	746	28	heavy	heavy	ADJ
cjal-3228	746	29	net	net	ADJ
cjal-3228	746	30	purchaser	purchaser	NOUN
cjal-3228	746	31	of	of	ADP
cjal-3228	746	32	foreign	foreign	ADJ
cjal-3228	746	33	currency	currency	NOUN
cjal-3228	746	34	.	.	PUNCT
cjal-3228	747	1	the	the	DET
cjal-3228	747	2	foreign	foreign	ADJ
cjal-3228	747	3	currency	currency	NOUN
cjal-3228	747	4	purchased	purchase	VERB
cjal-3228	747	5	by	by	ADP
cjal-3228	747	6	the	the	DET
cjal-3228	747	7	pbc	pbc	PROPN
cjal-3228	747	8	is	be	AUX
cjal-3228	747	9	then	then	ADV
cjal-3228	747	10	added	add	VERB
cjal-3228	747	11	to	to	ADP
cjal-3228	747	12	its	its	PRON
cjal-3228	747	13	balance	balance	NOUN
cjal-3228	747	14	sheet	sheet	NOUN
cjal-3228	747	15	in	in	ADP
cjal-3228	747	16	the	the	DET
cjal-3228	747	17	form	form	NOUN
cjal-3228	747	18	of	of	ADP
cjal-3228	747	19	official	official	ADJ
cjal-3228	747	20	foreign	foreign	ADJ
cjal-3228	747	21	exchange	exchange	NOUN
cjal-3228	747	22	reserves	reserve	NOUN
cjal-3228	747	23	,	,	PUNCT
cjal-3228	747	24	which	which	PRON
cjal-3228	747	25	are	be	AUX
cjal-3228	747	26	invested	invest	VERB
cjal-3228	747	27	abroad	abroad	ADV
cjal-3228	747	28	,	,	PUNCT
cjal-3228	747	29	usually	usually	ADV
cjal-3228	747	30	in	in	ADP
cjal-3228	747	31	the	the	DET
cjal-3228	747	32	form	form	NOUN
cjal-3228	747	33	of	of	ADP
cjal-3228	747	34	low	low	ADJ
cjal-3228	747	35	-	-	PUNCT
cjal-3228	747	36	risk	risk	NOUN
cjal-3228	747	37	government	government	NOUN
cjal-3228	747	38	bonds	bond	NOUN
cjal-3228	747	39	.	.	PUNCT
cjal-3228	748	1	while	while	SCONJ
cjal-3228	748	2	the	the	DET
cjal-3228	748	3	total	total	ADJ
cjal-3228	748	4	amount	amount	NOUN
cjal-3228	748	5	of	of	ADP
cjal-3228	748	6	foreign	foreign	ADJ
cjal-3228	748	7	exchange	exchange	NOUN
cjal-3228	748	8	reserves	reserve	NOUN
cjal-3228	748	9	in	in	ADP
cjal-3228	748	10	dollar	dollar	NOUN
cjal-3228	748	11	terms	term	NOUN
cjal-3228	748	12	held	hold	VERB
cjal-3228	748	13	by	by	ADP
cjal-3228	748	14	the	the	DET
cjal-3228	748	15	pbc	pbc	PROPN
cjal-3228	748	16	is	be	AUX
cjal-3228	748	17	published	publish	VERB
cjal-3228	748	18	regularly	regularly	ADV
cjal-3228	748	19	,	,	PUNCT
cjal-3228	748	20	the	the	DET
cjal-3228	748	21	precise	precise	ADJ
cjal-3228	748	22	distribution	distribution	NOUN
cjal-3228	748	23	of	of	ADP
cjal-3228	748	24	the	the	DET
cjal-3228	748	25	reserves	reserve	NOUN
cjal-3228	748	26	among	among	ADP
cjal-3228	748	27	foreign	foreign	ADJ
cjal-3228	748	28	currencies	currency	NOUN
cjal-3228	748	29	and	and	CCONJ
cjal-3228	748	30	the	the	DET
cjal-3228	748	31	investments	investment	NOUN
cjal-3228	748	32	made	make	VERB
cjal-3228	748	33	with	with	ADP
cjal-3228	748	34	the	the	DET
cjal-3228	748	35	reserves	reserve	NOUN
cjal-3228	748	36	are	be	AUX
cjal-3228	748	37	considered	consider	VERB
cjal-3228	748	38	state	state	NOUN
cjal-3228	748	39	secrets	secret	NOUN
cjal-3228	748	40	.	.	PUNCT
cjal-3228	748	41	'	'	PUNCT
cjal-3228	749	1	"	"	PUNCT
cjal-3228	749	2	if	if	SCONJ
cjal-3228	749	3	for	for	ADP
cjal-3228	749	4	some	some	DET
cjal-3228	749	5	reason	reason	NOUN
cjal-3228	749	6	demand	demand	NOUN
cjal-3228	749	7	for	for	ADP
cjal-3228	749	8	foreign	foreign	ADJ
cjal-3228	749	9	currency	currency	NOUN
cjal-3228	749	10	exceeds	exceed	VERB
cjal-3228	749	11	supply	supply	NOUN
cjal-3228	749	12	at	at	ADP
cjal-3228	749	13	the	the	DET
cjal-3228	749	14	desired	desire	VERB
cjal-3228	749	15	exchange	exchange	NOUN
cjal-3228	749	16	rate	rate	NOUN
cjal-3228	749	17	level	level	NOUN
cjal-3228	749	18	,	,	PUNCT
cjal-3228	749	19	as	as	SCONJ
cjal-3228	749	20	happened	happen	VERB
cjal-3228	749	21	for	for	ADP
cjal-3228	749	22	a	a	DET
cjal-3228	749	23	short	short	ADJ
cjal-3228	749	24	time	time	NOUN
cjal-3228	749	25	during	during	ADP
cjal-3228	749	26	the	the	DET
cjal-3228	749	27	east	east	ADJ
cjal-3228	749	28	asian	asian	ADJ
cjal-3228	749	29	financial	financial	ADJ
cjal-3228	749	30	crisis	crisis	NOUN
cjal-3228	749	31	,	,	PUNCT
cjal-3228	749	32	the	the	DET
cjal-3228	749	33	central	central	ADJ
cjal-3228	749	34	bank	bank	NOUN
cjal-3228	749	35	is	be	AUX
cjal-3228	749	36	prepared	prepare	VERB
cjal-3228	749	37	to	to	PART
cjal-3228	749	38	run	run	VERB
cjal-3228	749	39	down	down	ADP
cjal-3228	749	40	its	its	PRON
cjal-3228	749	41	forex	forex	ADJ
cjal-3228	749	42	reserves	reserve	NOUN
cjal-3228	749	43	as	as	SCONJ
cjal-3228	749	44	required	require	VERB
cjal-3228	749	45	to	to	PART
cjal-3228	749	46	maintain	maintain	VERB
cjal-3228	749	47	the	the	DET
cjal-3228	749	48	desired	desire	VERB
cjal-3228	749	49	rmb	rmb	PROPN
cjal-3228	749	50	exchange	exchange	NOUN
cjal-3228	749	51	rate	rate	NOUN
cjal-3228	749	52	.	.	PUNCT
cjal-3228	750	1	as	as	SCONJ
cjal-3228	750	2	the	the	DET
cjal-3228	750	3	central	central	ADJ
cjal-3228	750	4	bank	bank	PROPN
cjal-3228	750	5	uses	use	VERB
cjal-3228	750	6	rmb	rmb	NOUN
cjal-3228	750	7	to	to	PART
cjal-3228	750	8	purchase	purchase	VERB
cjal-3228	750	9	foreign	foreign	ADJ
cjal-3228	750	10	currency	currency	NOUN
cjal-3228	750	11	on	on	ADP
cjal-3228	750	12	the	the	DET
cjal-3228	750	13	interbank	interbank	NOUN
cjal-3228	750	14	market	market	NOUN
cjal-3228	750	15	,	,	PUNCT
cjal-3228	750	16	it	it	PRON
cjal-3228	750	17	in	in	ADP
cjal-3228	750	18	effect	effect	NOUN
cjal-3228	750	19	pumps	pump	VERB
cjal-3228	750	20	money	money	NOUN
cjal-3228	750	21	into	into	ADP
cjal-3228	750	22	the	the	DET
cjal-3228	750	23	chinese	chinese	ADJ
cjal-3228	750	24	economy	economy	NOUN
cjal-3228	750	25	,	,	PUNCT
cjal-3228	750	26	thus	thus	ADV
cjal-3228	750	27	increasing	increase	VERB
cjal-3228	750	28	the	the	DET
cjal-3228	750	29	amount	amount	NOUN
cjal-3228	750	30	of	of	ADP
cjal-3228	750	31	rmb	rmb	NOUN
cjal-3228	750	32	in	in	ADP
cjal-3228	750	33	circulation	circulation	NOUN
cjal-3228	750	34	.	.	PUNCT
cjal-3228	751	1	in	in	ADP
cjal-3228	751	2	this	this	DET
cjal-3228	751	3	way	way	NOUN
cjal-3228	751	4	,	,	PUNCT
cjal-3228	751	5	the	the	DET
cjal-3228	751	6	rapid	rapid	ADJ
cjal-3228	751	7	rise	rise	NOUN
cjal-3228	751	8	in	in	ADP
cjal-3228	751	9	forex	forex	ADJ
cjal-3228	751	10	reserves	reserve	NOUN
cjal-3228	751	11	in	in	ADP
cjal-3228	751	12	recent	recent	ADJ
cjal-3228	751	13	years	year	NOUN
cjal-3228	751	14	,	,	PUNCT
cjal-3228	751	15	due	due	ADJ
cjal-3228	751	16	primarily	primarily	ADV
cjal-3228	751	17	to	to	ADP
cjal-3228	751	18	large	large	ADJ
cjal-3228	751	19	trade	trade	NOUN
cjal-3228	751	20	surpluses	surplus	NOUN
cjal-3228	751	21	and	and	CCONJ
cjal-3228	751	22	strong	strong	ADJ
cjal-3228	751	23	growth	growth	NOUN
cjal-3228	751	24	in	in	ADP
cjal-3228	751	25	inward	inward	ADJ
cjal-3228	751	26	fdi	fdi	PROPN
cjal-3228	751	27	,	,	PUNCT
cjal-3228	751	28	has	have	AUX
cjal-3228	751	29	contributed	contribute	VERB
cjal-3228	751	30	to	to	ADP
cjal-3228	751	31	a	a	DET
cjal-3228	751	32	dramatic	dramatic	ADJ
cjal-3228	751	33	increase	increase	NOUN
cjal-3228	751	34	in	in	ADP
cjal-3228	751	35	money	money	NOUN
cjal-3228	751	36	supply	supply	NOUN
cjal-3228	751	37	in	in	ADP
cjal-3228	751	38	china	china	PROPN
cjal-3228	751	39	.	.	PUNCT
cjal-3228	751	40	'	'	PUNCT
cjal-3228	752	1	in	in	ADP
cjal-3228	752	2	order	order	NOUN
cjal-3228	752	3	to	to	PART
cjal-3228	752	4	slow	slow	VERB
cjal-3228	752	5	this	this	DET
cjal-3228	752	6	increase	increase	NOUN
cjal-3228	752	7	,	,	PUNCT
cjal-3228	752	8	which	which	PRON
cjal-3228	752	9	it	it	PRON
cjal-3228	752	10	is	be	AUX
cjal-3228	752	11	feared	fear	VERB
cjal-3228	752	12	could	could	AUX
cjal-3228	752	13	lead	lead	VERB
cjal-3228	752	14	to	to	ADP
cjal-3228	752	15	excessive	excessive	ADJ
cjal-3228	752	16	inflation	inflation	NOUN
cjal-3228	752	17	or	or	CCONJ
cjal-3228	752	18	asset	asset	NOUN
cjal-3228	752	19	bubbles	bubble	NOUN
cjal-3228	752	20	,	,	PUNCT
cjal-3228	752	21	the	the	DET
cjal-3228	752	22	pbc	pbc	PROPN
cjal-3228	752	23	has	have	AUX
cjal-3228	752	24	more	more	ADV
cjal-3228	752	25	recently	recently	ADV
cjal-3228	752	26	engaged	engage	VERB
cjal-3228	752	27	in	in	ADP
cjal-3228	752	28	"	"	PUNCT
cjal-3228	752	29	sterilization	sterilization	NOUN
cjal-3228	752	30	"	"	PUNCT
cjal-3228	752	31	measures	measure	NOUN
cjal-3228	752	32	,	,	PUNCT
cjal-3228	752	33	whereby	whereby	SCONJ
cjal-3228	752	34	the	the	DET
cjal-3228	752	35	central	central	ADJ
cjal-3228	752	36	bank	bank	NOUN
cjal-3228	752	37	sells	sell	VERB
cjal-3228	752	38	bonds	bond	NOUN
cjal-3228	752	39	on	on	ADP
cjal-3228	752	40	the	the	DET
cjal-3228	752	41	open	open	ADJ
cjal-3228	752	42	market	market	NOUN
cjal-3228	752	43	in	in	ADP
cjal-3228	752	44	order	order	NOUN
cjal-3228	752	45	to	to	PART
cjal-3228	752	46	sop	sop	VERB
cjal-3228	752	47	up	up	ADP
cjal-3228	752	48	the	the	DET
cjal-3228	752	49	extra	extra	ADJ
cjal-3228	752	50	liquidity	liquidity	NOUN
cjal-3228	752	51	created	create	VERB
cjal-3228	752	52	by	by	ADP
cjal-3228	752	53	purchasing	purchase	VERB
cjal-3228	752	54	forex	forex	NOUN
cjal-3228	752	55	on	on	ADP
cjal-3228	752	56	the	the	DET
cjal-3228	752	57	interbank	interbank	NOUN
cjal-3228	752	58	market	market	NOUN
cjal-3228	752	59	.	.	PUNCT
cjal-3228	752	60	'	'	PUNCT
cjal-3228	752	61	"	"	PUNCT
cjal-3228	752	62	vi	vi	X
cjal-3228	752	63	.	.	PUNCT
cjal-3228	753	1	the	the	DET
cjal-3228	753	2	future	future	NOUN
cjal-3228	753	3	of	of	ADP
cjal-3228	753	4	china	china	PROPN
cjal-3228	753	5	's	's	PART
cjal-3228	753	6	foreign	foreign	ADJ
cjal-3228	753	7	exchange	exchange	NOUN
cjal-3228	753	8	regime	regime	NOUN
cjal-3228	753	9	empirically	empirically	ADV
cjal-3228	753	10	speaking	speak	VERB
cjal-3228	753	11	,	,	PUNCT
cjal-3228	753	12	china	china	PROPN
cjal-3228	753	13	's	's	PART
cjal-3228	753	14	policy	policy	NOUN
cjal-3228	753	15	of	of	ADP
cjal-3228	753	16	gradual	gradual	ADJ
cjal-3228	753	17	and	and	CCONJ
cjal-3228	753	18	limited	limited	ADJ
cjal-3228	753	19	liberalization	liberalization	NOUN
cjal-3228	753	20	of	of	ADP
cjal-3228	753	21	foreign	foreign	ADJ
cjal-3228	753	22	exchange	exchange	NOUN
cjal-3228	753	23	controls	control	NOUN
cjal-3228	753	24	has	have	AUX
cjal-3228	753	25	been	be	AUX
cjal-3228	753	26	a	a	DET
cjal-3228	753	27	resounding	resounding	ADJ
cjal-3228	753	28	success	success	NOUN
cjal-3228	753	29	.	.	PUNCT
cjal-3228	754	1	china	china	PROPN
cjal-3228	754	2	has	have	AUX
cjal-3228	754	3	succeeded	succeed	VERB
cjal-3228	754	4	in	in	ADP
cjal-3228	754	5	stabilizing	stabilize	VERB
cjal-3228	754	6	the	the	DET
cjal-3228	754	7	value	value	NOUN
cjal-3228	754	8	of	of	ADP
cjal-3228	754	9	the	the	DET
cjal-3228	754	10	rmb	rmb	NOUN
cjal-3228	754	11	at	at	ADP
cjal-3228	754	12	a	a	DET
cjal-3228	754	13	144	144	NUM
cjal-3228	754	14	china	china	PROPN
cjal-3228	754	15	to	to	PART
cjal-3228	754	16	continue	continue	VERB
cjal-3228	754	17	padding	pad	VERB
cjal-3228	754	18	forex	forex	ADJ
cjal-3228	754	19	reserves	reserve	NOUN
cjal-3228	754	20	with	with	ADP
cjal-3228	754	21	euros	euro	NOUN
cjal-3228	754	22	:	:	PUNCT
cjal-3228	754	23	minister	minister	NOUN
cjal-3228	754	24	,	,	PUNCT
cjal-3228	754	25	people	people	NOUN
cjal-3228	754	26	's	's	PART
cjal-3228	754	27	daily	daily	ADJ
cjal-3228	754	28	,	,	PUNCT
cjal-3228	754	29	jan	jan	PROPN
cjal-3228	754	30	.	.	PROPN
cjal-3228	754	31	7	7	NUM
cjal-3228	754	32	,	,	PUNCT
cjal-3228	754	33	2002	2002	NUM
cjal-3228	754	34	,	,	PUNCT
cjal-3228	754	35	at	at	ADP
cjal-3228	754	36	http://fpeng.peopiledaily.com.cn/200201/07/eng2oo201o7	http://fpeng.peopiledaily.com.cn/200201/07/eng2oo201o7	NOUN
cjal-3228	754	37	88188.shtml	88188.shtml	NOUN
cjal-3228	754	38	.	.	PUNCT
cjal-3228	755	1	according	accord	VERB
cjal-3228	755	2	to	to	ADP
cjal-3228	755	3	this	this	DET
cjal-3228	755	4	article	article	NOUN
cjal-3228	755	5	,	,	PUNCT
cjal-3228	755	6	u.s	u.s	PROPN
cjal-3228	755	7	.	.	PROPN
cjal-3228	755	8	dollar	dollar	NOUN
cjal-3228	755	9	-	-	PUNCT
cjal-3228	755	10	denominated	denominate	VERB
cjal-3228	755	11	assets	asset	NOUN
cjal-3228	755	12	probably	probably	ADV
cjal-3228	755	13	accounted	account	VERB
cjal-3228	755	14	for	for	ADP
cjal-3228	755	15	at	at	ADV
cjal-3228	755	16	least	least	ADV
cjal-3228	755	17	50	50	NUM
cjal-3228	755	18	%	%	NOUN
cjal-3228	755	19	of	of	ADP
cjal-3228	755	20	china	china	PROPN
cjal-3228	755	21	's	's	PART
cjal-3228	755	22	forex	forex	ADJ
cjal-3228	755	23	reserves	reserve	NOUN
cjal-3228	755	24	as	as	ADP
cjal-3228	755	25	of	of	ADP
cjal-3228	755	26	the	the	DET
cjal-3228	755	27	beginning	beginning	NOUN
cjal-3228	755	28	of	of	ADP
cjal-3228	755	29	2002	2002	NUM
cjal-3228	755	30	.	.	PUNCT
cjal-3228	756	1	145	145	NUM
cjal-3228	756	2	broad	broad	ADJ
cjal-3228	756	3	money	money	NOUN
cjal-3228	756	4	supply	supply	NOUN
cjal-3228	756	5	,	,	PUNCT
cjal-3228	756	6	or	or	CCONJ
cjal-3228	756	7	m2	m2	PROPN
cjal-3228	756	8	,	,	PUNCT
cjal-3228	756	9	has	have	AUX
cjal-3228	756	10	been	be	AUX
cjal-3228	756	11	growing	grow	VERB
cjal-3228	756	12	at	at	ADP
cjal-3228	756	13	a	a	DET
cjal-3228	756	14	rate	rate	NOUN
cjal-3228	756	15	of	of	ADP
cjal-3228	756	16	close	close	ADJ
cjal-3228	756	17	to	to	PART
cjal-3228	756	18	20	20	NUM
cjal-3228	756	19	%	%	NOUN
cjal-3228	756	20	per	per	ADP
cjal-3228	756	21	annum	annum	NOUN
cjal-3228	756	22	for	for	ADP
cjal-3228	756	23	the	the	DET
cjal-3228	756	24	last	last	ADJ
cjal-3228	756	25	several	several	ADJ
cjal-3228	756	26	years	year	NOUN
cjal-3228	756	27	.	.	PUNCT
cjal-3228	757	1	see	see	VERB
cjal-3228	757	2	2003	2003	NUM
cjal-3228	757	3	annual	annual	ADJ
cjal-3228	757	4	report	report	NOUN
cjal-3228	757	5	,	,	PUNCT
cjal-3228	757	6	supra	supra	PROPN
cjal-3228	757	7	note	note	NOUN
cjal-3228	757	8	131	131	NUM
cjal-3228	757	9	.	.	PUNCT
cjal-3228	758	1	146	146	NUM
cjal-3228	758	2	such	such	ADJ
cjal-3228	758	3	"	"	PUNCT
cjal-3228	758	4	open	open	ADJ
cjal-3228	758	5	-	-	PUNCT
cjal-3228	758	6	market	market	NOUN
cjal-3228	758	7	transactions	transaction	NOUN
cjal-3228	758	8	"	"	PUNCT
cjal-3228	758	9	began	begin	VERB
cjal-3228	758	10	in	in	ADP
cjal-3228	758	11	earnest	earnest	ADJ
cjal-3228	758	12	in	in	ADP
cjal-3228	758	13	the	the	DET
cjal-3228	758	14	spring	spring	NOUN
cjal-3228	758	15	of	of	ADP
cjal-3228	758	16	2003	2003	NUM
cjal-3228	758	17	as	as	SCONJ
cjal-3228	758	18	china	china	PROPN
cjal-3228	758	19	's	's	PART
cjal-3228	758	20	forex	forex	ADJ
cjal-3228	758	21	reserves	reserve	NOUN
cjal-3228	758	22	were	be	AUX
cjal-3228	758	23	experiencing	experience	VERB
cjal-3228	758	24	extremely	extremely	ADV
cjal-3228	758	25	rapid	rapid	ADJ
cjal-3228	758	26	growth	growth	NOUN
cjal-3228	758	27	.	.	PUNCT
cjal-3228	759	1	between	between	ADP
cjal-3228	759	2	april	april	PROPN
cjal-3228	759	3	22	22	NUM
cjal-3228	759	4	and	and	CCONJ
cjal-3228	759	5	july	july	PROPN
cjal-3228	759	6	15	15	NUM
cjal-3228	759	7	,	,	PUNCT
cjal-3228	759	8	2003	2003	NUM
cjal-3228	759	9	,	,	PUNCT
cjal-3228	759	10	the	the	DET
cjal-3228	759	11	pbc	pbc	PROPN
cjal-3228	759	12	issued	issue	VERB
cjal-3228	759	13	about	about	ADP
cjal-3228	759	14	rmb	rmb	PROPN
cjal-3228	759	15	230b	230b	PROPN
cjal-3228	759	16	in	in	ADP
cjal-3228	759	17	bonds	bond	NOUN
cjal-3228	759	18	.	.	PUNCT
cjal-3228	760	1	still	still	ADV
cjal-3228	760	2	,	,	PUNCT
cjal-3228	760	3	this	this	DET
cjal-3228	760	4	issuance	issuance	NOUN
cjal-3228	760	5	accounted	account	VERB
cjal-3228	760	6	for	for	ADP
cjal-3228	760	7	less	less	ADJ
cjal-3228	760	8	than	than	ADP
cjal-3228	760	9	half	half	NOUN
cjal-3228	760	10	of	of	ADP
cjal-3228	760	11	the	the	DET
cjal-3228	760	12	us$60.1b	us$60.1b	PROPN
cjal-3228	760	13	(	(	PUNCT
cjal-3228	760	14	or	or	CCONJ
cjal-3228	760	15	rmb	rmb	NOUN
cjal-3228	760	16	498b	498b	PROPN
cjal-3228	760	17	)	)	PUNCT
cjal-3228	760	18	increase	increase	NOUN
cjal-3228	760	19	in	in	ADP
cjal-3228	760	20	forex	forex	ADJ
cjal-3228	760	21	reserves	reserve	NOUN
cjal-3228	760	22	during	during	ADP
cjal-3228	760	23	the	the	DET
cjal-3228	760	24	first	first	ADJ
cjal-3228	760	25	half	half	NOUN
cjal-3228	760	26	of	of	ADP
cjal-3228	760	27	2003	2003	NUM
cjal-3228	760	28	.	.	PUNCT
cjal-3228	761	1	james	james	PROPN
cjal-3228	761	2	kynge	kynge	PROPN
cjal-3228	761	3	,	,	PUNCT
cjal-3228	761	4	china	china	PROPN
cjal-3228	761	5	claims	claim	VERB
cjal-3228	761	6	success	success	NOUN
cjal-3228	761	7	on	on	ADP
cjal-3228	761	8	currency	currency	NOUN
cjal-3228	761	9	front	front	NOUN
cjal-3228	761	10	,	,	PUNCT
cjal-3228	761	11	fin	fin	NOUN
cjal-3228	761	12	times	time	NOUN
cjal-3228	761	13	,	,	PUNCT
cjal-3228	761	14	july	july	PROPN
cjal-3228	761	15	24,2003	24,2003	NUM
cjal-3228	761	16	at	at	ADP
cjal-3228	761	17	9	9	NUM
cjal-3228	761	18	.	.	NUM
cjal-3228	761	19	2004	2004	NUM
cjal-3228	761	20	]	]	PUNCT
cjal-3228	761	21	columbia	columbia	PROPN
cjal-3228	761	22	journal	journal	PROPN
cjal-3228	761	23	of	of	ADP
cjal-3228	761	24	asian	asian	ADJ
cjal-3228	761	25	law	law	NOUN
cjal-3228	761	26	competitive	competitive	ADJ
cjal-3228	761	27	rate	rate	NOUN
cjal-3228	761	28	,	,	PUNCT
cjal-3228	761	29	thus	thus	ADV
cjal-3228	761	30	setting	set	VERB
cjal-3228	761	31	the	the	DET
cjal-3228	761	32	stage	stage	NOUN
cjal-3228	761	33	for	for	ADP
cjal-3228	761	34	the	the	DET
cjal-3228	761	35	sustained	sustain	VERB
cjal-3228	761	36	strong	strong	ADJ
cjal-3228	761	37	growth	growth	NOUN
cjal-3228	761	38	in	in	ADP
cjal-3228	761	39	exports	export	NOUN
cjal-3228	761	40	and	and	CCONJ
cjal-3228	761	41	inward	inward	ADP
cjal-3228	761	42	fdi	fdi	PROPN
cjal-3228	761	43	that	that	PRON
cjal-3228	761	44	has	have	AUX
cjal-3228	761	45	underpinned	underpin	VERB
cjal-3228	761	46	china	china	PROPN
cjal-3228	761	47	's	's	PART
cjal-3228	761	48	rapid	rapid	ADJ
cjal-3228	761	49	economic	economic	ADJ
cjal-3228	761	50	growth	growth	NOUN
cjal-3228	761	51	in	in	ADP
cjal-3228	761	52	recent	recent	ADJ
cjal-3228	761	53	years	year	NOUN
cjal-3228	761	54	.	.	PUNCT
cjal-3228	762	1	at	at	ADP
cjal-3228	762	2	the	the	DET
cjal-3228	762	3	same	same	ADJ
cjal-3228	762	4	time	time	NOUN
cjal-3228	762	5	,	,	PUNCT
cjal-3228	762	6	china	china	PROPN
cjal-3228	762	7	has	have	AUX
cjal-3228	762	8	avoided	avoid	VERB
cjal-3228	762	9	any	any	DET
cjal-3228	762	10	significant	significant	ADJ
cjal-3228	762	11	foreign	foreign	ADJ
cjal-3228	762	12	exchange	exchange	NOUN
cjal-3228	762	13	crises	crisis	NOUN
cjal-3228	762	14	while	while	SCONJ
cjal-3228	762	15	amassing	amass	VERB
cjal-3228	762	16	the	the	DET
cjal-3228	762	17	world	world	NOUN
cjal-3228	762	18	's	's	PART
cjal-3228	762	19	second	second	ADV
cjal-3228	762	20	-	-	PUNCT
cjal-3228	762	21	largest	large	ADJ
cjal-3228	762	22	supply	supply	NOUN
cjal-3228	762	23	of	of	ADP
cjal-3228	762	24	foreign	foreign	ADJ
cjal-3228	762	25	currency	currency	NOUN
cjal-3228	762	26	reserves	reserve	NOUN
cjal-3228	762	27	.	.	PUNCT
cjal-3228	763	1	47	47	NUM
cjal-3228	763	2	because	because	SCONJ
cjal-3228	763	3	the	the	DET
cjal-3228	763	4	current	current	ADJ
cjal-3228	763	5	system	system	NOUN
cjal-3228	763	6	of	of	ADP
cjal-3228	763	7	regulating	regulate	VERB
cjal-3228	763	8	the	the	DET
cjal-3228	763	9	supply	supply	NOUN
cjal-3228	763	10	and	and	CCONJ
cjal-3228	763	11	demand	demand	NOUN
cjal-3228	763	12	of	of	ADP
cjal-3228	763	13	foreign	foreign	ADJ
cjal-3228	763	14	currency	currency	NOUN
cjal-3228	763	15	and	and	CCONJ
cjal-3228	763	16	maintaining	maintain	VERB
cjal-3228	763	17	a	a	DET
cjal-3228	763	18	pegged	peg	VERB
cjal-3228	763	19	rmb	rmb	NOUN
cjal-3228	763	20	exchange	exchange	NOUN
cjal-3228	763	21	rate	rate	NOUN
cjal-3228	763	22	has	have	AUX
cjal-3228	763	23	been	be	AUX
cjal-3228	763	24	,	,	PUNCT
cjal-3228	763	25	on	on	ADP
cjal-3228	763	26	the	the	DET
cjal-3228	763	27	surface	surface	NOUN
cjal-3228	763	28	at	at	ADP
cjal-3228	763	29	least	least	ADJ
cjal-3228	763	30	,	,	PUNCT
cjal-3228	763	31	so	so	ADV
cjal-3228	763	32	successful	successful	ADJ
cjal-3228	763	33	,	,	PUNCT
cjal-3228	763	34	it	it	PRON
cjal-3228	763	35	is	be	AUX
cjal-3228	763	36	hardly	hardly	ADV
cjal-3228	763	37	surprising	surprising	ADJ
cjal-3228	763	38	that	that	SCONJ
cjal-3228	763	39	china	china	PROPN
cjal-3228	763	40	has	have	AUX
cjal-3228	763	41	in	in	ADP
cjal-3228	763	42	recent	recent	ADJ
cjal-3228	763	43	years	year	NOUN
cjal-3228	763	44	balked	balk	VERB
cjal-3228	763	45	at	at	ADP
cjal-3228	763	46	instituting	institute	VERB
cjal-3228	763	47	substantial	substantial	ADJ
cjal-3228	763	48	changes	change	NOUN
cjal-3228	763	49	to	to	ADP
cjal-3228	763	50	the	the	DET
cjal-3228	763	51	current	current	ADJ
cjal-3228	763	52	regime	regime	NOUN
cjal-3228	763	53	.	.	PUNCT
cjal-3228	764	1	in	in	ADP
cjal-3228	764	2	spite	spite	NOUN
cjal-3228	764	3	of	of	ADP
cjal-3228	764	4	the	the	DET
cjal-3228	764	5	apparent	apparent	ADJ
cjal-3228	764	6	success	success	NOUN
cjal-3228	764	7	of	of	ADP
cjal-3228	764	8	the	the	DET
cjal-3228	764	9	current	current	ADJ
cjal-3228	764	10	forex	forex	ADJ
cjal-3228	764	11	regime	regime	NOUN
cjal-3228	764	12	,	,	PUNCT
cjal-3228	764	13	however	however	ADV
cjal-3228	764	14	,	,	PUNCT
cjal-3228	764	15	there	there	PRON
cjal-3228	764	16	appears	appear	VERB
cjal-3228	764	17	to	to	PART
cjal-3228	764	18	be	be	AUX
cjal-3228	764	19	a	a	DET
cjal-3228	764	20	consensus	consensus	NOUN
cjal-3228	764	21	among	among	ADP
cjal-3228	764	22	chinese	chinese	ADJ
cjal-3228	764	23	officials	official	NOUN
cjal-3228	764	24	and	and	CCONJ
cjal-3228	764	25	academics	academic	NOUN
cjal-3228	764	26	that	that	SCONJ
cjal-3228	764	27	china	china	PROPN
cjal-3228	764	28	must	must	AUX
cjal-3228	764	29	continue	continue	VERB
cjal-3228	764	30	to	to	PART
cjal-3228	764	31	push	push	VERB
cjal-3228	764	32	for	for	ADP
cjal-3228	764	33	complete	complete	ADJ
cjal-3228	764	34	convertibility	convertibility	NOUN
cjal-3228	764	35	of	of	ADP
cjal-3228	764	36	the	the	DET
cjal-3228	764	37	rmb	rmb	NOUN
cjal-3228	764	38	and	and	CCONJ
cjal-3228	764	39	eventually	eventually	ADV
cjal-3228	764	40	adopt	adopt	VERB
cjal-3228	764	41	a	a	DET
cjal-3228	764	42	floating	float	VERB
cjal-3228	764	43	exchange	exchange	NOUN
cjal-3228	764	44	rate	rate	NOUN
cjal-3228	764	45	policy	policy	NOUN
cjal-3228	764	46	.	.	PUNCT
cjal-3228	765	1	this	this	DET
cjal-3228	765	2	consensus	consensus	NOUN
cjal-3228	765	3	is	be	AUX
cjal-3228	765	4	based	base	VERB
cjal-3228	765	5	on	on	ADP
cjal-3228	765	6	a	a	DET
cjal-3228	765	7	widely	widely	ADV
cjal-3228	765	8	held	hold	VERB
cjal-3228	765	9	view	view	NOUN
cjal-3228	765	10	that	that	SCONJ
cjal-3228	765	11	the	the	DET
cjal-3228	765	12	current	current	ADJ
cjal-3228	765	13	restrictions	restriction	NOUN
cjal-3228	765	14	on	on	ADP
cjal-3228	765	15	capital	capital	NOUN
cjal-3228	765	16	movements	movement	NOUN
cjal-3228	765	17	and	and	CCONJ
cjal-3228	765	18	exchange	exchange	NOUN
cjal-3228	765	19	rate	rate	NOUN
cjal-3228	765	20	fluctuations	fluctuation	NOUN
cjal-3228	765	21	pose	pose	VERB
cjal-3228	765	22	a	a	DET
cjal-3228	765	23	serious	serious	ADJ
cjal-3228	765	24	threat	threat	NOUN
cjal-3228	765	25	to	to	ADP
cjal-3228	765	26	the	the	DET
cjal-3228	765	27	long	long	ADJ
cjal-3228	765	28	-	-	PUNCT
cjal-3228	765	29	term	term	NOUN
cjal-3228	765	30	health	health	NOUN
cjal-3228	765	31	,	,	PUNCT
cjal-3228	765	32	efficiency	efficiency	NOUN
cjal-3228	765	33	,	,	PUNCT
cjal-3228	765	34	and	and	CCONJ
cjal-3228	765	35	competitiveness	competitiveness	NOUN
cjal-3228	765	36	of	of	ADP
cjal-3228	765	37	china	china	PROPN
cjal-3228	765	38	's	's	PART
cjal-3228	765	39	economy.48	economy.48	ADJ
cjal-3228	765	40	in	in	ADP
cjal-3228	765	41	addition	addition	NOUN
cjal-3228	765	42	,	,	PUNCT
cjal-3228	765	43	full	full	ADJ
cjal-3228	765	44	integration	integration	NOUN
cjal-3228	765	45	into	into	ADP
cjal-3228	765	46	the	the	DET
cjal-3228	765	47	global	global	ADJ
cjal-3228	765	48	capital	capital	NOUN
cjal-3228	765	49	and	and	CCONJ
cjal-3228	765	50	currency	currency	NOUN
cjal-3228	765	51	markets	market	NOUN
cjal-3228	765	52	is	be	AUX
cjal-3228	765	53	seen	see	VERB
cjal-3228	765	54	as	as	ADP
cjal-3228	765	55	a	a	DET
cjal-3228	765	56	prerequisite	prerequisite	NOUN
cjal-3228	765	57	for	for	SCONJ
cjal-3228	765	58	china	china	PROPN
cjal-3228	765	59	to	to	PART
cjal-3228	765	60	gain	gain	VERB
cjal-3228	765	61	international	international	ADJ
cjal-3228	765	62	recognition	recognition	NOUN
cjal-3228	765	63	and	and	CCONJ
cjal-3228	765	64	acceptance	acceptance	NOUN
cjal-3228	765	65	as	as	ADP
cjal-3228	765	66	one	one	NUM
cjal-3228	765	67	of	of	ADP
cjal-3228	765	68	the	the	DET
cjal-3228	765	69	leading	lead	VERB
cjal-3228	765	70	economies	economy	NOUN
cjal-3228	765	71	of	of	ADP
cjal-3228	765	72	the	the	DET
cjal-3228	765	73	world	world	NOUN
cjal-3228	765	74	,	,	PUNCT
cjal-3228	765	75	a	a	DET
cjal-3228	765	76	dream	dream	NOUN
cjal-3228	765	77	shared	share	VERB
cjal-3228	765	78	by	by	ADP
cjal-3228	765	79	most	most	ADJ
cjal-3228	765	80	chinese	chinese	PROPN
cjal-3228	765	81	.	.	PUNCT
cjal-3228	766	1	notwithstanding	notwithstanding	ADP
cjal-3228	766	2	the	the	DET
cjal-3228	766	3	consensus	consensus	NOUN
cjal-3228	766	4	as	as	ADP
cjal-3228	766	5	to	to	ADP
cjal-3228	766	6	the	the	DET
cjal-3228	766	7	ultimate	ultimate	ADJ
cjal-3228	766	8	end	end	NOUN
cjal-3228	766	9	-	-	PUNCT
cjal-3228	766	10	goal	goal	NOUN
cjal-3228	766	11	,	,	PUNCT
cjal-3228	766	12	the	the	DET
cjal-3228	766	13	path	path	NOUN
cjal-3228	766	14	towards	towards	ADP
cjal-3228	766	15	full	full	ADJ
cjal-3228	766	16	convertibility	convertibility	NOUN
cjal-3228	766	17	of	of	ADP
cjal-3228	766	18	the	the	DET
cjal-3228	766	19	rmb	rmb	NOUN
cjal-3228	766	20	and	and	CCONJ
cjal-3228	766	21	a	a	DET
cjal-3228	766	22	floating	float	VERB
cjal-3228	766	23	exchange	exchange	NOUN
cjal-3228	766	24	rate	rate	NOUN
cjal-3228	766	25	will	will	AUX
cjal-3228	766	26	certainly	certainly	ADV
cjal-3228	766	27	be	be	AUX
cjal-3228	766	28	a	a	DET
cjal-3228	766	29	gradual	gradual	ADJ
cjal-3228	766	30	one	one	NUM
cjal-3228	766	31	.	.	PUNCT
cjal-3228	767	1	as	as	SCONJ
cjal-3228	767	2	this	this	DET
cjal-3228	767	3	paper	paper	NOUN
cjal-3228	767	4	has	have	AUX
cjal-3228	767	5	shown	show	VERB
cjal-3228	767	6	,	,	PUNCT
cjal-3228	767	7	the	the	DET
cjal-3228	767	8	present	present	ADJ
cjal-3228	767	9	147	147	NUM
cjal-3228	767	10	as	as	ADP
cjal-3228	767	11	of	of	ADP
cjal-3228	767	12	the	the	DET
cjal-3228	767	13	end	end	NOUN
cjal-3228	767	14	of	of	ADP
cjal-3228	767	15	2003	2003	NUM
cjal-3228	767	16	,	,	PUNCT
cjal-3228	767	17	china	china	PROPN
cjal-3228	767	18	's	's	PART
cjal-3228	767	19	foreign	foreign	ADJ
cjal-3228	767	20	exchange	exchange	NOUN
cjal-3228	767	21	reserves	reserve	NOUN
cjal-3228	767	22	stood	stand	VERB
cjal-3228	767	23	at	at	ADP
cjal-3228	767	24	us$403.25	us$403.25	ADJ
cjal-3228	767	25	billion	billion	NUM
cjal-3228	767	26	,	,	PUNCT
cjal-3228	767	27	more	more	ADJ
cjal-3228	767	28	than	than	ADP
cjal-3228	767	29	any	any	DET
cjal-3228	767	30	other	other	ADJ
cjal-3228	767	31	country	country	NOUN
cjal-3228	767	32	in	in	ADP
cjal-3228	767	33	the	the	DET
cjal-3228	767	34	world	world	NOUN
cjal-3228	767	35	except	except	SCONJ
cjal-3228	767	36	japan	japan	PROPN
cjal-3228	767	37	.	.	PUNCT
cjal-3228	768	1	zhongguo	zhongguo	PROPN
cjal-3228	768	2	linian	linian	PROPN
cjal-3228	768	3	waihui	waihui	PROPN
cjal-3228	768	4	chubei	chubei	NOUN
cjal-3228	769	1	[	[	X
cjal-3228	769	2	china	china	PROPN
cjal-3228	769	3	's	's	PART
cjal-3228	769	4	historical	historical	ADJ
cjal-3228	769	5	foreign	foreign	ADJ
cjal-3228	769	6	exchange	exchange	NOUN
cjal-3228	769	7	reserves	reserve	NOUN
cjal-3228	769	8	]	]	PUNCT
cjal-3228	769	9	,	,	PUNCT
cjal-3228	769	10	http://www.safe.gov.cn/0430/tisi	http://www.safe.gov.cn/0430/tisi	X
cjal-3228	769	11	.	.	PUNCT
cjal-3228	769	12	jsp?c	jsp?c	ADJ
cjal-3228	769	13	t=-5	t=-5	PROPN
cjal-3228	769	14	.	.	PUNCT
cjal-3228	770	1	148	148	NUM
cjal-3228	770	2	recently	recently	ADV
cjal-3228	770	3	,	,	PUNCT
cjal-3228	770	4	a	a	DET
cjal-3228	770	5	large	large	ADJ
cjal-3228	770	6	number	number	NOUN
cjal-3228	770	7	of	of	ADP
cjal-3228	770	8	chinese	chinese	ADJ
cjal-3228	770	9	and	and	CCONJ
cjal-3228	770	10	foreign	foreign	ADJ
cjal-3228	770	11	economists	economist	NOUN
cjal-3228	770	12	have	have	AUX
cjal-3228	770	13	put	put	VERB
cjal-3228	770	14	forth	forth	ADP
cjal-3228	770	15	several	several	ADJ
cjal-3228	770	16	arguments	argument	NOUN
cjal-3228	770	17	for	for	ADP
cjal-3228	770	18	liberalizing	liberalize	VERB
cjal-3228	770	19	china	china	PROPN
cjal-3228	770	20	's	's	PART
cjal-3228	770	21	capital	capital	NOUN
cjal-3228	770	22	account	account	NOUN
cjal-3228	770	23	.	.	PUNCT
cjal-3228	771	1	first	first	ADV
cjal-3228	771	2	of	of	ADP
cjal-3228	771	3	all	all	PRON
cjal-3228	771	4	,	,	PUNCT
cjal-3228	771	5	liberalizing	liberalize	VERB
cjal-3228	771	6	capital	capital	NOUN
cjal-3228	771	7	account	account	NOUN
cjal-3228	771	8	flows	flow	NOUN
cjal-3228	771	9	may	may	AUX
cjal-3228	771	10	allow	allow	VERB
cjal-3228	771	11	for	for	ADP
cjal-3228	771	12	more	more	ADJ
cjal-3228	771	13	external	external	ADJ
cjal-3228	771	14	financing	financing	NOUN
cjal-3228	771	15	of	of	ADP
cjal-3228	771	16	china	china	PROPN
cjal-3228	771	17	's	's	PART
cjal-3228	771	18	economic	economic	ADJ
cjal-3228	771	19	development	development	NOUN
cjal-3228	771	20	.	.	PUNCT
cjal-3228	772	1	secondly	secondly	ADV
cjal-3228	772	2	,	,	PUNCT
cjal-3228	772	3	freeing	free	VERB
cjal-3228	772	4	capital	capital	NOUN
cjal-3228	772	5	outflows	outflow	NOUN
cjal-3228	772	6	would	would	AUX
cjal-3228	772	7	allow	allow	VERB
cjal-3228	772	8	chinese	chinese	ADJ
cjal-3228	772	9	institutions	institution	NOUN
cjal-3228	772	10	and	and	CCONJ
cjal-3228	772	11	individuals	individual	NOUN
cjal-3228	772	12	to	to	PART
cjal-3228	772	13	minimize	minimize	VERB
cjal-3228	772	14	investment	investment	NOUN
cjal-3228	772	15	risk	risk	NOUN
cjal-3228	772	16	while	while	SCONJ
cjal-3228	772	17	maximizing	maximize	VERB
cjal-3228	772	18	returns	return	NOUN
cjal-3228	772	19	on	on	ADP
cjal-3228	772	20	investment	investment	NOUN
cjal-3228	772	21	,	,	PUNCT
cjal-3228	772	22	thereby	thereby	ADV
cjal-3228	772	23	improving	improve	VERB
cjal-3228	772	24	the	the	DET
cjal-3228	772	25	overall	overall	ADJ
cjal-3228	772	26	economic	economic	ADJ
cjal-3228	772	27	well	well	NOUN
cjal-3228	772	28	-	-	PUNCT
cjal-3228	772	29	being	being	NOUN
cjal-3228	772	30	of	of	ADP
cjal-3228	772	31	chinese	chinese	PROPN
cjal-3228	772	32	.	.	PUNCT
cjal-3228	773	1	another	another	DET
cjal-3228	773	2	argument	argument	NOUN
cjal-3228	773	3	often	often	ADV
cjal-3228	773	4	posited	posit	VERB
cjal-3228	773	5	in	in	ADP
cjal-3228	773	6	favor	favor	NOUN
cjal-3228	773	7	of	of	ADP
cjal-3228	773	8	capital	capital	NOUN
cjal-3228	773	9	account	account	NOUN
cjal-3228	773	10	liberalization	liberalization	NOUN
cjal-3228	773	11	is	be	AUX
cjal-3228	773	12	that	that	SCONJ
cjal-3228	773	13	,	,	PUNCT
cjal-3228	773	14	in	in	ADP
cjal-3228	773	15	theory	theory	NOUN
cjal-3228	773	16	at	at	ADP
cjal-3228	773	17	least	least	ADJ
cjal-3228	773	18	,	,	PUNCT
cjal-3228	773	19	free	free	ADJ
cjal-3228	773	20	capital	capital	NOUN
cjal-3228	773	21	markets	market	NOUN
cjal-3228	773	22	should	should	AUX
cjal-3228	773	23	more	more	ADV
cjal-3228	773	24	efficiently	efficiently	ADV
cjal-3228	773	25	allocate	allocate	VERB
cjal-3228	773	26	china	china	PROPN
cjal-3228	773	27	's	's	PART
cjal-3228	773	28	capital	capital	NOUN
cjal-3228	773	29	resources	resource	NOUN
cjal-3228	773	30	than	than	ADP
cjal-3228	773	31	the	the	DET
cjal-3228	773	32	politically	politically	ADV
cjal-3228	773	33	-	-	PUNCT
cjal-3228	773	34	driven	drive	VERB
cjal-3228	773	35	system	system	NOUN
cjal-3228	773	36	which	which	PRON
cjal-3228	773	37	still	still	ADV
cjal-3228	773	38	dominates	dominate	VERB
cjal-3228	773	39	china	china	PROPN
cjal-3228	773	40	's	's	PART
cjal-3228	773	41	financial	financial	ADJ
cjal-3228	773	42	sector	sector	NOUN
cjal-3228	773	43	.	.	PUNCT
cjal-3228	774	1	free	free	ADJ
cjal-3228	774	2	capital	capital	NOUN
cjal-3228	774	3	flows	flow	NOUN
cjal-3228	774	4	,	,	PUNCT
cjal-3228	774	5	often	often	ADV
cjal-3228	774	6	seen	see	VERB
cjal-3228	774	7	as	as	ADP
cjal-3228	774	8	part	part	NOUN
cjal-3228	774	9	of	of	ADP
cjal-3228	774	10	a	a	DET
cjal-3228	774	11	larger	large	ADJ
cjal-3228	774	12	deregulation	deregulation	NOUN
cjal-3228	774	13	of	of	ADP
cjal-3228	774	14	the	the	DET
cjal-3228	774	15	financial	financial	ADJ
cjal-3228	774	16	markets	market	NOUN
cjal-3228	774	17	,	,	PUNCT
cjal-3228	774	18	would	would	AUX
cjal-3228	774	19	allow	allow	VERB
cjal-3228	774	20	fmancial	fmancial	ADJ
cjal-3228	774	21	institutions	institution	NOUN
cjal-3228	774	22	to	to	PART
cjal-3228	774	23	seek	seek	VERB
cjal-3228	774	24	higher	high	ADJ
cjal-3228	774	25	yield	yield	NOUN
cjal-3228	774	26	investments	investment	NOUN
cjal-3228	774	27	and	and	CCONJ
cjal-3228	774	28	be	be	AUX
cjal-3228	774	29	less	less	ADV
cjal-3228	774	30	dependent	dependent	ADJ
cjal-3228	774	31	on	on	ADP
cjal-3228	774	32	political	political	ADJ
cjal-3228	774	33	exigencies	exigency	NOUN
cjal-3228	774	34	,	,	PUNCT
cjal-3228	774	35	thus	thus	ADV
cjal-3228	774	36	stimulating	stimulate	VERB
cjal-3228	774	37	chinese	chinese	ADJ
cjal-3228	774	38	companies	company	NOUN
cjal-3228	774	39	to	to	PART
cjal-3228	774	40	improve	improve	VERB
cjal-3228	774	41	their	their	PRON
cjal-3228	774	42	efficiency	efficiency	NOUN
cjal-3228	774	43	.	.	PUNCT
cjal-3228	775	1	many	many	ADJ
cjal-3228	775	2	also	also	ADV
cjal-3228	775	3	argue	argue	VERB
cjal-3228	775	4	that	that	SCONJ
cjal-3228	775	5	allowing	allow	VERB
cjal-3228	775	6	china	china	PROPN
cjal-3228	775	7	's	's	PART
cjal-3228	775	8	capital	capital	NOUN
cjal-3228	775	9	markets	market	NOUN
cjal-3228	775	10	to	to	PART
cjal-3228	775	11	compete	compete	VERB
cjal-3228	775	12	with	with	ADP
cjal-3228	775	13	foreign	foreign	ADJ
cjal-3228	775	14	markets	market	NOUN
cjal-3228	775	15	would	would	AUX
cjal-3228	775	16	help	help	VERB
cjal-3228	775	17	spur	spur	VERB
cjal-3228	775	18	improvements	improvement	NOUN
cjal-3228	775	19	in	in	ADP
cjal-3228	775	20	their	their	PRON
cjal-3228	775	21	services	service	NOUN
cjal-3228	775	22	,	,	PUNCT
cjal-3228	775	23	including	include	VERB
cjal-3228	775	24	the	the	DET
cjal-3228	775	25	development	development	NOUN
cjal-3228	775	26	of	of	ADP
cjal-3228	775	27	more	more	ADV
cjal-3228	775	28	advanced	advanced	ADJ
cjal-3228	775	29	financial	financial	ADJ
cjal-3228	775	30	tools	tool	NOUN
cjal-3228	775	31	,	,	PUNCT
cjal-3228	775	32	such	such	ADJ
cjal-3228	775	33	as	as	ADP
cjal-3228	775	34	derivatives	derivative	NOUN
cjal-3228	775	35	.	.	PUNCT
cjal-3228	776	1	finally	finally	ADV
cjal-3228	776	2	,	,	PUNCT
cjal-3228	776	3	capital	capital	NOUN
cjal-3228	776	4	account	account	NOUN
cjal-3228	776	5	liberalization	liberalization	NOUN
cjal-3228	776	6	would	would	AUX
cjal-3228	776	7	allow	allow	VERB
cjal-3228	776	8	the	the	DET
cjal-3228	776	9	private	private	ADJ
cjal-3228	776	10	sector	sector	NOUN
cjal-3228	776	11	to	to	PART
cjal-3228	776	12	enjoy	enjoy	VERB
cjal-3228	776	13	more	more	ADJ
cjal-3228	776	14	of	of	ADP
cjal-3228	776	15	the	the	DET
cjal-3228	776	16	benefits	benefit	NOUN
cjal-3228	776	17	from	from	ADP
cjal-3228	776	18	china	china	PROPN
cjal-3228	776	19	's	's	PART
cjal-3228	776	20	recent	recent	ADJ
cjal-3228	776	21	balance	balance	NOUN
cjal-3228	776	22	of	of	ADP
cjal-3228	776	23	payments	payment	NOUN
cjal-3228	776	24	surpluses	surplus	NOUN
cjal-3228	776	25	,	,	PUNCT
cjal-3228	776	26	a	a	DET
cjal-3228	776	27	large	large	ADJ
cjal-3228	776	28	portion	portion	NOUN
cjal-3228	776	29	of	of	ADP
cjal-3228	776	30	which	which	PRON
cjal-3228	776	31	has	have	AUX
cjal-3228	776	32	been	be	AUX
cjal-3228	776	33	swallowed	swallow	VERB
cjal-3228	776	34	by	by	ADP
cjal-3228	776	35	the	the	DET
cjal-3228	776	36	central	central	ADJ
cjal-3228	776	37	bank	bank	NOUN
cjal-3228	776	38	in	in	ADP
cjal-3228	776	39	the	the	DET
cjal-3228	776	40	form	form	NOUN
cjal-3228	776	41	of	of	ADP
cjal-3228	776	42	foreign	foreign	ADJ
cjal-3228	776	43	currency	currency	NOUN
cjal-3228	776	44	reserves	reserve	NOUN
cjal-3228	776	45	.	.	PUNCT
cjal-3228	777	1	for	for	ADP
cjal-3228	777	2	these	these	DET
cjal-3228	777	3	reasons	reason	NOUN
cjal-3228	777	4	,	,	PUNCT
cjal-3228	777	5	almost	almost	ADV
cjal-3228	777	6	all	all	PRON
cjal-3228	777	7	economists	economist	NOUN
cjal-3228	777	8	now	now	ADV
cjal-3228	777	9	agree	agree	VERB
cjal-3228	777	10	that	that	SCONJ
cjal-3228	777	11	capital	capital	NOUN
cjal-3228	777	12	account	account	NOUN
cjal-3228	777	13	liberalization	liberalization	NOUN
cjal-3228	777	14	is	be	AUX
cjal-3228	777	15	in	in	ADP
cjal-3228	777	16	china	china	PROPN
cjal-3228	777	17	's	's	PART
cjal-3228	777	18	long	long	ADJ
cjal-3228	777	19	-	-	PUNCT
cjal-3228	777	20	term	term	NOUN
cjal-3228	777	21	interests	interest	NOUN
cjal-3228	777	22	.	.	PUNCT
cjal-3228	778	1	see	see	VERB
cjal-3228	778	2	,	,	PUNCT
cjal-3228	778	3	generally	generally	ADV
cjal-3228	778	4	,	,	PUNCT
cjal-3228	778	5	yao	yao	PROPN
cjal-3228	778	6	huiyuan	huiyuan	PROPN
cjal-3228	778	7	,	,	PUNCT
cjal-3228	778	8	quanmian	quanmian	PROPN
cjal-3228	778	9	shixian	shixian	PROPN
cjal-3228	778	10	renminbi	renminbi	PROPN
cjal-3228	778	11	ziyou	ziyou	PROPN
cjal-3228	778	12	duihuan	duihuan	PROPN
cjal-3228	778	13	de	de	PROPN
cjal-3228	778	14	zhang	zhang	PROPN
cjal-3228	778	15	"	"	PUNCT
cjal-3228	778	16	ai	ai	PROPN
cjal-3228	778	17	yu	yu	PROPN
cjal-3228	778	18	cuoshi	cuoshi	PROPN
cjal-3228	778	19	[	[	X
cjal-3228	778	20	the	the	DET
cjal-3228	778	21	obstacles	obstacle	NOUN
cjal-3228	778	22	and	and	CCONJ
cjal-3228	778	23	measures	measure	NOUN
cjal-3228	778	24	for	for	ADP
cjal-3228	778	25	complete	complete	ADJ
cjal-3228	778	26	realization	realization	NOUN
cjal-3228	778	27	of	of	ADP
cjal-3228	778	28	the	the	DET
cjal-3228	778	29	free	free	ADJ
cjal-3228	778	30	convertibility	convertibility	NOUN
cjal-3228	778	31	of	of	ADP
cjal-3228	778	32	the	the	DET
cjal-3228	778	33	renminbi	renminbi	NOUN
cjal-3228	778	34	]	]	PUNCT
cjal-3228	778	35	,	,	PUNCT
cjal-3228	778	36	south	south	PROPN
cjal-3228	778	37	china	china	PROPN
cjal-3228	778	38	financial	financial	PROPN
cjal-3228	778	39	research	research	PROPN
cjal-3228	778	40	,	,	PUNCT
cjal-3228	778	41	vol	vol	NOUN
cjal-3228	778	42	16	16	NUM
cjal-3228	778	43	,	,	PUNCT
cjal-3228	778	44	no	no	INTJ
cjal-3228	778	45	.	.	NOUN
cjal-3228	778	46	5	5	NUM
cjal-3228	778	47	(	(	PUNCT
cjal-3228	778	48	oct	oct	PROPN
cjal-3228	778	49	.	.	PROPN
cjal-3228	778	50	2001	2001	NUM
cjal-3228	778	51	)	)	PUNCT
cjal-3228	778	52	.	.	PUNCT
cjal-3228	779	1	[	[	X
cjal-3228	779	2	17:2	17:2	NUM
cjal-3228	779	3	china	china	PROPN
cjal-3228	779	4	's	's	PART
cjal-3228	779	5	system	system	NOUN
cjal-3228	779	6	of	of	ADP
cjal-3228	779	7	foreign	foreign	ADJ
cjal-3228	779	8	exchange	exchange	NOUN
cjal-3228	779	9	system	system	NOUN
cjal-3228	779	10	of	of	ADP
cjal-3228	779	11	restrictions	restriction	NOUN
cjal-3228	779	12	on	on	ADP
cjal-3228	779	13	capital	capital	NOUN
cjal-3228	779	14	flows	flow	NOUN
cjal-3228	779	15	has	have	AUX
cjal-3228	779	16	created	create	VERB
cjal-3228	779	17	significant	significant	ADJ
cjal-3228	779	18	distortions	distortion	NOUN
cjal-3228	779	19	in	in	ADP
cjal-3228	779	20	the	the	DET
cjal-3228	779	21	supply	supply	NOUN
cjal-3228	779	22	and	and	CCONJ
cjal-3228	779	23	demand	demand	NOUN
cjal-3228	779	24	of	of	ADP
cjal-3228	779	25	foreign	foreign	ADJ
cjal-3228	779	26	currency	currency	NOUN
cjal-3228	779	27	in	in	ADP
cjal-3228	779	28	the	the	DET
cjal-3228	779	29	forex	forex	ADJ
cjal-3228	779	30	market	market	NOUN
cjal-3228	779	31	,	,	PUNCT
cjal-3228	779	32	thus	thus	ADV
cjal-3228	779	33	making	make	VERB
cjal-3228	779	34	complete	complete	ADJ
cjal-3228	779	35	exchange	exchange	NOUN
cjal-3228	779	36	rate	rate	NOUN
cjal-3228	779	37	liberalization	liberalization	NOUN
cjal-3228	779	38	untenable	untenable	ADJ
cjal-3228	779	39	.	.	PUNCT
cjal-3228	780	1	as	as	ADP
cjal-3228	780	2	a	a	DET
cjal-3228	780	3	result	result	NOUN
cjal-3228	780	4	,	,	PUNCT
cjal-3228	780	5	immediate	immediate	ADJ
cjal-3228	780	6	reforms	reform	NOUN
cjal-3228	780	7	to	to	ADP
cjal-3228	780	8	china	china	PROPN
cjal-3228	780	9	's	's	PART
cjal-3228	780	10	forex	forex	ADJ
cjal-3228	780	11	regime	regime	NOUN
cjal-3228	780	12	will	will	AUX
cjal-3228	780	13	likely	likely	ADV
cjal-3228	780	14	focus	focus	VERB
cjal-3228	780	15	on	on	ADP
cjal-3228	780	16	loosening	loosen	VERB
cjal-3228	780	17	capital	capital	NOUN
cjal-3228	780	18	account	account	NOUN
cjal-3228	780	19	controls	control	NOUN
cjal-3228	780	20	.	.	PUNCT
cjal-3228	781	1	however	however	ADV
cjal-3228	781	2	,	,	PUNCT
cjal-3228	781	3	capital	capital	NOUN
cjal-3228	781	4	account	account	NOUN
cjal-3228	781	5	liberalization	liberalization	NOUN
cjal-3228	781	6	itself	itself	PRON
cjal-3228	781	7	must	must	AUX
cjal-3228	781	8	proceed	proceed	VERB
cjal-3228	781	9	slowly	slowly	ADV
cjal-3228	781	10	due	due	ADP
cjal-3228	781	11	to	to	ADP
cjal-3228	781	12	the	the	DET
cjal-3228	781	13	immaturity	immaturity	NOUN
cjal-3228	781	14	of	of	ADP
cjal-3228	781	15	china	china	PROPN
cjal-3228	781	16	's	's	PART
cjal-3228	781	17	financial	financial	ADJ
cjal-3228	781	18	system	system	NOUN
cjal-3228	781	19	.	.	PUNCT
cjal-3228	782	1	rapid	rapid	ADJ
cjal-3228	782	2	capital	capital	NOUN
cjal-3228	782	3	account	account	NOUN
cjal-3228	782	4	liberalization	liberalization	NOUN
cjal-3228	782	5	would	would	AUX
cjal-3228	782	6	create	create	VERB
cjal-3228	782	7	the	the	DET
cjal-3228	782	8	risk	risk	NOUN
cjal-3228	782	9	of	of	ADP
cjal-3228	782	10	capital	capital	ADJ
cjal-3228	782	11	flight	flight	NOUN
cjal-3228	782	12	from	from	ADP
cjal-3228	782	13	china	china	PROPN
cjal-3228	782	14	's	's	PART
cjal-3228	782	15	weak	weak	ADJ
cjal-3228	782	16	state	state	NOUN
cjal-3228	782	17	-	-	PUNCT
cjal-3228	782	18	owned	own	VERB
cjal-3228	782	19	banks	bank	NOUN
cjal-3228	782	20	.	.	PUNCT
cjal-3228	783	1	also	also	ADV
cjal-3228	783	2	,	,	PUNCT
cjal-3228	783	3	the	the	DET
cjal-3228	783	4	lack	lack	NOUN
cjal-3228	783	5	of	of	ADP
cjal-3228	783	6	market	market	NOUN
cjal-3228	783	7	-	-	PUNCT
cjal-3228	783	8	determined	determine	VERB
cjal-3228	783	9	interest	interest	NOUN
cjal-3228	783	10	rates	rate	NOUN
cjal-3228	783	11	means	mean	VERB
cjal-3228	783	12	that	that	SCONJ
cjal-3228	783	13	china	china	PROPN
cjal-3228	783	14	's	's	PART
cjal-3228	783	15	capital	capital	NOUN
cjal-3228	783	16	markets	market	NOUN
cjal-3228	783	17	can	can	AUX
cjal-3228	783	18	not	not	PART
cjal-3228	783	19	yet	yet	ADV
cjal-3228	783	20	function	function	VERB
cjal-3228	783	21	properly	properly	ADV
cjal-3228	783	22	in	in	ADP
cjal-3228	783	23	a	a	DET
cjal-3228	783	24	world	world	NOUN
cjal-3228	783	25	of	of	ADP
cjal-3228	783	26	free	free	ADJ
cjal-3228	783	27	capital	capital	NOUN
cjal-3228	783	28	flows	flow	NOUN
cjal-3228	783	29	.	.	PUNCT
cjal-3228	784	1	49	49	NUM
cjal-3228	785	1	thus	thus	ADV
cjal-3228	785	2	,	,	PUNCT
cjal-3228	785	3	until	until	SCONJ
cjal-3228	785	4	china	china	PROPN
cjal-3228	785	5	improves	improve	VERB
cjal-3228	785	6	the	the	DET
cjal-3228	785	7	solvency	solvency	NOUN
cjal-3228	785	8	and	and	CCONJ
cjal-3228	785	9	international	international	ADJ
cjal-3228	785	10	competitiveness	competitiveness	NOUN
cjal-3228	785	11	of	of	ADP
cjal-3228	785	12	its	its	PRON
cjal-3228	785	13	state	state	NOUN
cjal-3228	785	14	-	-	PUNCT
cjal-3228	785	15	owned	own	VERB
cjal-3228	785	16	banks	bank	NOUN
cjal-3228	785	17	and	and	CCONJ
cjal-3228	785	18	liberalizes	liberalize	VERB
cjal-3228	785	19	interest	interest	NOUN
cjal-3228	785	20	rates	rate	NOUN
cjal-3228	785	21	,	,	PUNCT
cjal-3228	785	22	capital	capital	NOUN
cjal-3228	785	23	account	account	NOUN
cjal-3228	785	24	convertibility	convertibility	NOUN
cjal-3228	785	25	will	will	AUX
cjal-3228	785	26	remain	remain	VERB
cjal-3228	785	27	an	an	DET
cjal-3228	785	28	impracticable	impracticable	ADJ
cjal-3228	785	29	goal	goal	NOUN
cjal-3228	785	30	.	.	PUNCT
cjal-3228	786	1	notwithstanding	notwithstanding	ADP
cjal-3228	786	2	the	the	DET
cjal-3228	786	3	problems	problem	NOUN
cjal-3228	786	4	posed	pose	VERB
cjal-3228	786	5	by	by	ADP
cjal-3228	786	6	china	china	PROPN
cjal-3228	786	7	's	's	PART
cjal-3228	786	8	weak	weak	ADJ
cjal-3228	786	9	financial	financial	ADJ
cjal-3228	786	10	sector	sector	NOUN
cjal-3228	786	11	,	,	PUNCT
cjal-3228	786	12	the	the	DET
cjal-3228	786	13	government	government	NOUN
cjal-3228	786	14	has	have	AUX
cjal-3228	786	15	recently	recently	ADV
cjal-3228	786	16	emphasized	emphasize	VERB
cjal-3228	786	17	its	its	PRON
cjal-3228	786	18	resolve	resolve	NOUN
cjal-3228	786	19	to	to	PART
cjal-3228	786	20	push	push	VERB
cjal-3228	786	21	forward	forward	ADV
cjal-3228	786	22	with	with	ADP
cjal-3228	786	23	capital	capital	NOUN
cjal-3228	786	24	account	account	NOUN
cjal-3228	786	25	liberalization	liberalization	NOUN
cjal-3228	786	26	.	.	PUNCT
cjal-3228	787	1	safe	safe	ADJ
cjal-3228	787	2	has	have	AUX
cjal-3228	787	3	publicly	publicly	ADV
cjal-3228	787	4	announced	announce	VERB
cjal-3228	787	5	a	a	DET
cjal-3228	787	6	series	series	NOUN
cjal-3228	787	7	of	of	ADP
cjal-3228	787	8	reforms	reform	NOUN
cjal-3228	787	9	planned	plan	VERB
cjal-3228	787	10	for	for	ADP
cjal-3228	787	11	the	the	DET
cjal-3228	787	12	near	near	ADJ
cjal-3228	787	13	future	future	NOUN
cjal-3228	787	14	,	,	PUNCT
cjal-3228	787	15	which	which	PRON
cjal-3228	787	16	include	include	VERB
cjal-3228	787	17	1	1	NUM
cjal-3228	787	18	)	)	PUNCT
cjal-3228	787	19	further	far	ADV
cjal-3228	787	20	loosening	loosen	VERB
cjal-3228	787	21	restrictions	restriction	NOUN
cjal-3228	787	22	on	on	ADP
cjal-3228	787	23	outbound	outbound	ADJ
cjal-3228	787	24	fdi	fdi	NOUN
cjal-3228	787	25	,	,	PUNCT
cjal-3228	787	26	2	2	X
cjal-3228	787	27	)	)	PUNCT
cjal-3228	787	28	allowing	allow	VERB
cjal-3228	787	29	foreign	foreign	ADJ
cjal-3228	787	30	and	and	CCONJ
cjal-3228	787	31	domestic	domestic	ADJ
cjal-3228	787	32	mncs	mncs	PROPN
cjal-3228	787	33	to	to	PART
cjal-3228	787	34	reallocate	reallocate	VERB
cjal-3228	787	35	capital	capital	NOUN
cjal-3228	787	36	abroad	abroad	ADV
cjal-3228	787	37	,	,	PUNCT
cjal-3228	787	38	3	3	X
cjal-3228	787	39	)	)	PUNCT
cjal-3228	787	40	relaxing	relax	VERB
cjal-3228	787	41	limits	limit	NOUN
cjal-3228	787	42	on	on	ADP
cjal-3228	787	43	asset	asset	NOUN
cjal-3228	787	44	transfers	transfer	NOUN
cjal-3228	787	45	abroad	abroad	ADV
cjal-3228	787	46	by	by	ADP
cjal-3228	787	47	individuals	individual	NOUN
cjal-3228	787	48	,	,	PUNCT
cjal-3228	787	49	and	and	CCONJ
cjal-3228	787	50	4	4	X
cjal-3228	787	51	)	)	PUNCT
cjal-3228	787	52	allowing	allow	VERB
cjal-3228	787	53	qualified	qualified	ADJ
cjal-3228	787	54	domestic	domestic	ADJ
cjal-3228	787	55	institutional	institutional	ADJ
cjal-3228	787	56	investors	investor	NOUN
cjal-3228	787	57	(	(	PUNCT
cjal-3228	787	58	qdii	qdii	NOUN
cjal-3228	787	59	)	)	PUNCT
cjal-3228	787	60	to	to	PART
cjal-3228	787	61	engage	engage	VERB
cjal-3228	787	62	in	in	ADP
cjal-3228	787	63	overseas	overseas	ADJ
cjal-3228	787	64	portfolio	portfolio	NOUN
cjal-3228	787	65	investments	investment	NOUN
cjal-3228	787	66	.	.	PUNCT
cjal-3228	788	1	50	50	NUM
cjal-3228	788	2	more	more	ADV
cjal-3228	788	3	surprisingly	surprisingly	ADV
cjal-3228	788	4	,	,	PUNCT
cjal-3228	788	5	the	the	DET
cjal-3228	788	6	head	head	NOUN
cjal-3228	788	7	of	of	ADP
cjal-3228	788	8	safe	safe	ADJ
cjal-3228	788	9	has	have	AUX
cjal-3228	788	10	recently	recently	ADV
cjal-3228	788	11	announced	announce	VERB
cjal-3228	788	12	that	that	SCONJ
cjal-3228	788	13	china	china	PROPN
cjal-3228	788	14	should	should	AUX
cjal-3228	788	15	achieve	achieve	VERB
cjal-3228	788	16	"	"	PUNCT
cjal-3228	788	17	basic	basic	ADJ
cjal-3228	788	18	convertibility	convertibility	NOUN
cjal-3228	788	19	"	"	PUNCT
cjal-3228	788	20	of	of	ADP
cjal-3228	788	21	the	the	DET
cjal-3228	788	22	capital	capital	NOUN
cjal-3228	788	23	account	account	NOUN
cjal-3228	788	24	by	by	ADP
cjal-3228	788	25	2010	2010	NUM
cjal-3228	788	26	.	.	PUNCT
cjal-3228	789	1	"	"	PUNCT
cjal-3228	789	2	'	'	PUNCT
cjal-3228	789	3	in	in	ADP
cjal-3228	789	4	addition	addition	NOUN
cjal-3228	789	5	to	to	ADP
cjal-3228	789	6	being	be	AUX
cjal-3228	789	7	aimed	aim	VERB
cjal-3228	789	8	at	at	ADP
cjal-3228	789	9	improving	improve	VERB
cjal-3228	789	10	the	the	DET
cjal-3228	789	11	international	international	ADJ
cjal-3228	789	12	competitiveness	competitiveness	NOUN
cjal-3228	789	13	and	and	CCONJ
cjal-3228	789	14	global	global	ADJ
cjal-3228	789	15	integration	integration	NOUN
cjal-3228	789	16	of	of	ADP
cjal-3228	789	17	china	china	PROPN
cjal-3228	789	18	's	's	PART
cjal-3228	789	19	capital	capital	NOUN
cjal-3228	789	20	markets	market	NOUN
cjal-3228	789	21	,	,	PUNCT
cjal-3228	789	22	these	these	DET
cjal-3228	789	23	reforms	reform	NOUN
cjal-3228	789	24	also	also	ADV
cjal-3228	789	25	reflect	reflect	VERB
cjal-3228	789	26	an	an	DET
cjal-3228	789	27	attempt	attempt	NOUN
cjal-3228	789	28	to	to	PART
cjal-3228	789	29	alleviate	alleviate	VERB
cjal-3228	789	30	appreciation	appreciation	NOUN
cjal-3228	789	31	pressure	pressure	NOUN
cjal-3228	789	32	on	on	ADP
cjal-3228	789	33	the	the	DET
cjal-3228	789	34	rmb	rmb	NOUN
cjal-3228	789	35	by	by	ADP
cjal-3228	789	36	allowing	allow	VERB
cjal-3228	789	37	more	more	ADJ
cjal-3228	789	38	capital	capital	NOUN
cjal-3228	789	39	to	to	PART
cjal-3228	789	40	flow	flow	VERB
cjal-3228	789	41	out	out	ADP
cjal-3228	789	42	of	of	ADP
cjal-3228	789	43	china	china	PROPN
cjal-3228	789	44	.	.	PUNCT
cjal-3228	790	1	by	by	ADP
cjal-3228	790	2	reducing	reduce	VERB
cjal-3228	790	3	appreciation	appreciation	NOUN
cjal-3228	790	4	pressure	pressure	NOUN
cjal-3228	790	5	on	on	ADP
cjal-3228	790	6	the	the	DET
cjal-3228	790	7	rmb	rmb	NOUN
cjal-3228	790	8	,	,	PUNCT
cjal-3228	790	9	it	it	PRON
cjal-3228	790	10	is	be	AUX
cjal-3228	790	11	also	also	ADV
cjal-3228	790	12	hoped	hope	VERB
cjal-3228	790	13	that	that	SCONJ
cjal-3228	790	14	foreign	foreign	ADJ
cjal-3228	790	15	criticisms	criticism	NOUN
cjal-3228	790	16	of	of	ADP
cjal-3228	790	17	china	china	PROPN
cjal-3228	790	18	's	's	PART
cjal-3228	790	19	exchange	exchange	NOUN
cjal-3228	790	20	rate	rate	NOUN
cjal-3228	790	21	"	"	PUNCT
cjal-3228	790	22	manipulation	manipulation	NOUN
cjal-3228	790	23	"	"	PUNCT
cjal-3228	790	24	will	will	AUX
cjal-3228	790	25	dissipate	dissipate	VERB
cjal-3228	790	26	.	.	PUNCT
cjal-3228	791	1	although	although	SCONJ
cjal-3228	791	2	china	china	PROPN
cjal-3228	791	3	is	be	AUX
cjal-3228	791	4	in	in	ADP
cjal-3228	791	5	no	no	DET
cjal-3228	791	6	position	position	NOUN
cjal-3228	791	7	to	to	PART
cjal-3228	791	8	fully	fully	ADV
cjal-3228	791	9	liberalize	liberalize	VERB
cjal-3228	791	10	the	the	DET
cjal-3228	791	11	exchange	exchange	NOUN
cjal-3228	791	12	rate	rate	NOUN
cjal-3228	791	13	prior	prior	ADV
cjal-3228	791	14	to	to	ADP
cjal-3228	791	15	achieving	achieve	VERB
cjal-3228	791	16	capital	capital	NOUN
cjal-3228	791	17	account	account	NOUN
cjal-3228	791	18	convertibility	convertibility	NOUN
cjal-3228	791	19	,	,	PUNCT
cjal-3228	791	20	modifications	modification	NOUN
cjal-3228	791	21	to	to	PART
cjal-3228	791	22	149	149	NUM
cjal-3228	791	23	see	see	VERB
cjal-3228	791	24	chi	chi	PROPN
cjal-3228	791	25	lo	lo	PROPN
cjal-3228	791	26	,	,	PUNCT
cjal-3228	791	27	supra	supra	PROPN
cjal-3228	791	28	note	note	NOUN
cjal-3228	791	29	112	112	NUM
cjal-3228	791	30	.	.	PUNCT
cjal-3228	792	1	150	150	NUM
cjal-3228	792	2	see	see	VERB
cjal-3228	792	3	china	china	PROPN
cjal-3228	792	4	to	to	PART
cjal-3228	792	5	further	far	ADV
cjal-3228	792	6	relax	relax	VERB
cjal-3228	792	7	control	control	NOUN
cjal-3228	792	8	on	on	ADP
cjal-3228	792	9	capital	capital	NOUN
cjal-3228	792	10	account	account	NOUN
cjal-3228	792	11	in	in	ADP
cjal-3228	792	12	near	near	ADJ
cjal-3228	792	13	term	term	NOUN
cjal-3228	792	14	,	,	PUNCT
cjal-3228	792	15	xinhua	xinhua	PROPN
cjal-3228	792	16	fin	fin	PROPN
cjal-3228	792	17	.	.	PUNCT
cjal-3228	793	1	network	network	PROPN
cjal-3228	793	2	news	news	PROPN
cjal-3228	793	3	,	,	PUNCT
cjal-3228	793	4	dec	dec	PROPN
cjal-3228	793	5	.	.	PROPN
cjal-3228	793	6	3	3	NUM
cjal-3228	793	7	,	,	PUNCT
cjal-3228	793	8	2003	2003	NUM
cjal-3228	793	9	.	.	PUNCT
cjal-3228	794	1	according	accord	VERB
cjal-3228	794	2	to	to	ADP
cjal-3228	794	3	this	this	DET
cjal-3228	794	4	article	article	NOUN
cjal-3228	794	5	,	,	PUNCT
cjal-3228	794	6	"	"	PUNCT
cjal-3228	794	7	china	china	PROPN
cjal-3228	794	8	currently	currently	ADV
cjal-3228	794	9	has	have	AUX
cjal-3228	794	10	loosened	loosen	VERB
cjal-3228	794	11	or	or	CCONJ
cjal-3228	794	12	cancelled	cancel	VERB
cjal-3228	794	13	controls	control	NOUN
cjal-3228	794	14	on	on	ADP
cjal-3228	794	15	nearly	nearly	ADV
cjal-3228	794	16	half	half	NOUN
cjal-3228	794	17	of	of	ADP
cjal-3228	794	18	the	the	DET
cjal-3228	794	19	43	43	NUM
cjal-3228	794	20	items	item	NOUN
cjal-3228	794	21	under	under	ADP
cjal-3228	794	22	the	the	DET
cjal-3228	794	23	capital	capital	NOUN
cjal-3228	794	24	account	account	NOUN
cjal-3228	794	25	stipulated	stipulate	VERB
cjal-3228	794	26	by	by	ADP
cjal-3228	794	27	the	the	DET
cjal-3228	794	28	international	international	ADJ
cjal-3228	794	29	monetary	monetary	ADJ
cjal-3228	794	30	fund	fund	NOUN
cjal-3228	794	31	.	.	PUNCT
cjal-3228	794	32	"	"	PUNCT
cjal-3228	795	1	151	151	NUM
cjal-3228	795	2	see	see	VERB
cjal-3228	795	3	christine	christine	PROPN
cjal-3228	795	4	chan	chan	PROPN
cjal-3228	795	5	,	,	PUNCT
cjal-3228	795	6	beijing	beijing	PROPN
cjal-3228	795	7	sets	set	VERB
cjal-3228	795	8	timetable	timetable	NOUN
cjal-3228	795	9	for	for	ADP
cjal-3228	795	10	full	full	ADJ
cjal-3228	795	11	convertibility	convertibility	NOUN
cjal-3228	795	12	,	,	PUNCT
cjal-3228	795	13	s.	s.	PROPN
cjal-3228	795	14	china	china	PROPN
cjal-3228	795	15	morning	morning	PROPN
cjal-3228	795	16	post	post	PROPN
cjal-3228	795	17	,	,	PUNCT
cjal-3228	795	18	mar	mar	PROPN
cjal-3228	795	19	.	.	PROPN
cjal-3228	795	20	7	7	NUM
cjal-3228	795	21	,	,	PUNCT
cjal-3228	795	22	2004	2004	NUM
cjal-3228	795	23	.	.	PUNCT
cjal-3228	796	1	20041	20041	NUM
cjal-3228	796	2	columbia	columbia	PROPN
cjal-3228	796	3	journal	journal	PROPN
cjal-3228	796	4	of	of	ADP
cjal-3228	796	5	asian	asian	PROPN
cjal-3228	796	6	la	la	PROPN
cjal-3228	796	7	w	w	PROPN
cjal-3228	796	8	the	the	DET
cjal-3228	796	9	current	current	ADJ
cjal-3228	796	10	hard	hard	ADJ
cjal-3228	796	11	dollar	dollar	NOUN
cjal-3228	796	12	peg	peg	NOUN
cjal-3228	796	13	regime	regime	NOUN
cjal-3228	796	14	are	be	AUX
cjal-3228	796	15	likely	likely	ADJ
cjal-3228	796	16	over	over	ADP
cjal-3228	796	17	the	the	DET
cjal-3228	796	18	next	next	ADJ
cjal-3228	796	19	several	several	ADJ
cjal-3228	796	20	years	year	NOUN
cjal-3228	796	21	.	.	PUNCT
cjal-3228	797	1	foreign	foreign	ADJ
cjal-3228	797	2	criticism	criticism	NOUN
cjal-3228	797	3	combined	combine	VERB
cjal-3228	797	4	with	with	ADP
cjal-3228	797	5	domestic	domestic	ADJ
cjal-3228	797	6	concern	concern	NOUN
cjal-3228	797	7	over	over	ADP
cjal-3228	797	8	possible	possible	ADJ
cjal-3228	797	9	negative	negative	ADJ
cjal-3228	797	10	effects	effect	NOUN
cjal-3228	797	11	of	of	ADP
cjal-3228	797	12	the	the	DET
cjal-3228	797	13	rapid	rapid	ADJ
cjal-3228	797	14	growth	growth	NOUN
cjal-3228	797	15	in	in	ADP
cjal-3228	797	16	forex	forex	ADJ
cjal-3228	797	17	reserves	reserve	NOUN
cjal-3228	797	18	have	have	AUX
cjal-3228	797	19	been	be	AUX
cjal-3228	797	20	increasing	increase	VERB
cjal-3228	797	21	pressure	pressure	NOUN
cjal-3228	797	22	on	on	ADP
cjal-3228	797	23	the	the	DET
cjal-3228	797	24	chinese	chinese	ADJ
cjal-3228	797	25	government	government	NOUN
cjal-3228	797	26	to	to	PART
cjal-3228	797	27	adjust	adjust	VERB
cjal-3228	797	28	the	the	DET
cjal-3228	797	29	current	current	ADJ
cjal-3228	797	30	exchange	exchange	NOUN
cjal-3228	797	31	rate	rate	NOUN
cjal-3228	797	32	policy	policy	NOUN
cjal-3228	797	33	.	.	PUNCT
cjal-3228	798	1	possible	possible	ADJ
cjal-3228	798	2	reforms	reform	NOUN
cjal-3228	798	3	focus	focus	VERB
cjal-3228	798	4	on	on	ADP
cjal-3228	798	5	two	two	NUM
cjal-3228	798	6	distinct	distinct	ADJ
cjal-3228	798	7	issues	issue	NOUN
cjal-3228	798	8	:	:	PUNCT
cjal-3228	798	9	1	1	X
cjal-3228	798	10	)	)	PUNCT
cjal-3228	798	11	valuation	valuation	NOUN
cjal-3228	798	12	,	,	PUNCT
cjal-3228	798	13	i.e.	i.e.	X
cjal-3228	798	14	the	the	DET
cjal-3228	798	15	actual	actual	ADJ
cjal-3228	798	16	exchange	exchange	NOUN
cjal-3228	798	17	rate	rate	NOUN
cjal-3228	798	18	level	level	NOUN
cjal-3228	798	19	,	,	PUNCT
cjal-3228	798	20	and	and	CCONJ
cjal-3228	798	21	2	2	NUM
cjal-3228	798	22	)	)	PUNCT
cjal-3228	798	23	flexibility	flexibility	NOUN
cjal-3228	798	24	,	,	PUNCT
cjal-3228	798	25	i.e.	i.e.	X
cjal-3228	798	26	the	the	DET
cjal-3228	798	27	degree	degree	NOUN
cjal-3228	798	28	to	to	PART
cjal-3228	798	29	which	which	PRON
cjal-3228	798	30	the	the	DET
cjal-3228	798	31	central	central	ADJ
cjal-3228	798	32	bank	bank	NOUN
cjal-3228	798	33	intervenes	intervene	VERB
cjal-3228	798	34	to	to	PART
cjal-3228	798	35	limit	limit	VERB
cjal-3228	798	36	exchange	exchange	NOUN
cjal-3228	798	37	rate	rate	NOUN
cjal-3228	798	38	fluctuations	fluctuation	NOUN
cjal-3228	798	39	.	.	PUNCT
cjal-3228	799	1	china	china	PROPN
cjal-3228	799	2	could	could	AUX
cjal-3228	799	3	retain	retain	VERB
cjal-3228	799	4	tight	tight	ADJ
cjal-3228	799	5	restrictions	restriction	NOUN
cjal-3228	799	6	on	on	ADP
cjal-3228	799	7	exchange	exchange	NOUN
cjal-3228	799	8	rate	rate	NOUN
cjal-3228	799	9	fluctuations	fluctuation	NOUN
cjal-3228	799	10	while	while	SCONJ
cjal-3228	799	11	allowing	allow	VERB
cjal-3228	799	12	for	for	ADP
cjal-3228	799	13	a	a	DET
cjal-3228	799	14	one	one	NUM
cjal-3228	799	15	-	-	PUNCT
cjal-3228	799	16	off	off	NOUN
cjal-3228	799	17	or	or	CCONJ
cjal-3228	799	18	gradual	gradual	ADJ
cjal-3228	799	19	shift	shift	NOUN
cjal-3228	799	20	in	in	ADP
cjal-3228	799	21	the	the	DET
cjal-3228	799	22	pegged	peg	VERB
cjal-3228	799	23	rate	rate	NOUN
cjal-3228	799	24	.	.	PUNCT
cjal-3228	800	1	or	or	CCONJ
cjal-3228	800	2	,	,	PUNCT
cjal-3228	800	3	conversely	conversely	ADV
cjal-3228	800	4	,	,	PUNCT
cjal-3228	800	5	the	the	DET
cjal-3228	800	6	central	central	ADJ
cjal-3228	800	7	bank	bank	NOUN
cjal-3228	800	8	could	could	AUX
cjal-3228	800	9	permit	permit	VERB
cjal-3228	800	10	greater	great	ADJ
cjal-3228	800	11	fluctuations	fluctuation	NOUN
cjal-3228	800	12	in	in	ADP
cjal-3228	800	13	the	the	DET
cjal-3228	800	14	interbank	interbank	NOUN
cjal-3228	800	15	rate	rate	NOUN
cjal-3228	800	16	,	,	PUNCT
cjal-3228	800	17	but	but	CCONJ
cjal-3228	800	18	keep	keep	VERB
cjal-3228	800	19	a	a	DET
cjal-3228	800	20	fixed	fix	VERB
cjal-3228	800	21	central	central	ADJ
cjal-3228	800	22	target	target	NOUN
cjal-3228	800	23	rate	rate	NOUN
cjal-3228	800	24	.	.	PUNCT
cjal-3228	801	1	in	in	ADP
cjal-3228	801	2	addition	addition	NOUN
cjal-3228	801	3	,	,	PUNCT
cjal-3228	801	4	china	china	PROPN
cjal-3228	801	5	is	be	AUX
cjal-3228	801	6	considering	consider	VERB
cjal-3228	801	7	switching	switch	VERB
cjal-3228	801	8	the	the	DET
cjal-3228	801	9	peg	peg	NOUN
cjal-3228	801	10	from	from	ADP
cjal-3228	801	11	the	the	DET
cjal-3228	801	12	dollar	dollar	NOUN
cjal-3228	801	13	to	to	ADP
cjal-3228	801	14	a	a	DET
cjal-3228	801	15	basket	basket	NOUN
cjal-3228	801	16	of	of	ADP
cjal-3228	801	17	several	several	ADJ
cjal-3228	801	18	currencies	currency	NOUN
cjal-3228	801	19	.	.	PUNCT
cjal-3228	802	1	152	152	NUM
cjal-3228	802	2	in	in	ADP
cjal-3228	802	3	recent	recent	ADJ
cjal-3228	802	4	months	month	NOUN
cjal-3228	802	5	there	there	PRON
cjal-3228	802	6	has	have	AUX
cjal-3228	802	7	been	be	AUX
cjal-3228	802	8	widespread	widespread	ADJ
cjal-3228	802	9	speculation	speculation	NOUN
cjal-3228	802	10	that	that	SCONJ
cjal-3228	802	11	china	china	PROPN
cjal-3228	802	12	will	will	AUX
cjal-3228	802	13	adopt	adopt	VERB
cjal-3228	802	14	a	a	DET
cjal-3228	802	15	combination	combination	NOUN
cjal-3228	802	16	of	of	ADP
cjal-3228	802	17	these	these	DET
cjal-3228	802	18	options	option	NOUN
cjal-3228	802	19	,	,	PUNCT
cjal-3228	802	20	simultaneously	simultaneously	ADV
cjal-3228	802	21	or	or	CCONJ
cjal-3228	802	22	near	near	ADP
cjal-3228	802	23	simultaneously	simultaneously	ADV
cjal-3228	802	24	switching	switch	VERB
cjal-3228	802	25	to	to	ADP
cjal-3228	802	26	a	a	DET
cjal-3228	802	27	basket	basket	NOUN
cjal-3228	802	28	peg	peg	NOUN
cjal-3228	802	29	,	,	PUNCT
cjal-3228	802	30	widening	widen	VERB
cjal-3228	802	31	the	the	DET
cjal-3228	802	32	daily	daily	ADJ
cjal-3228	802	33	trading	trading	NOUN
cjal-3228	802	34	band	band	NOUN
cjal-3228	802	35	,	,	PUNCT
cjal-3228	802	36	and	and	CCONJ
cjal-3228	802	37	allowing	allow	VERB
cjal-3228	802	38	for	for	ADP
cjal-3228	802	39	a	a	DET
cjal-3228	802	40	modest	modest	ADJ
cjal-3228	802	41	appreciation	appreciation	NOUN
cjal-3228	802	42	in	in	ADP
cjal-3228	802	43	the	the	DET
cjal-3228	802	44	value	value	NOUN
cjal-3228	802	45	of	of	ADP
cjal-3228	802	46	the	the	DET
cjal-3228	802	47	rmb	rmb	NOUN
cjal-3228	802	48	.	.	PUNCT
cjal-3228	803	1	153	153	NUM
cjal-3228	803	2	another	another	DET
cjal-3228	803	3	major	major	ADJ
cjal-3228	803	4	step	step	NOUN
cjal-3228	803	5	on	on	ADP
cjal-3228	803	6	the	the	DET
cjal-3228	803	7	road	road	NOUN
cjal-3228	803	8	towards	towards	ADP
cjal-3228	803	9	full	full	ADJ
cjal-3228	803	10	convertibility	convertibility	NOUN
cjal-3228	803	11	of	of	ADP
cjal-3228	803	12	the	the	DET
cjal-3228	803	13	rmb	rmb	NOUN
cjal-3228	803	14	and	and	CCONJ
cjal-3228	803	15	exchange	exchange	NOUN
cjal-3228	803	16	rate	rate	NOUN
cjal-3228	803	17	liberalization	liberalization	NOUN
cjal-3228	803	18	is	be	AUX
cjal-3228	803	19	the	the	DET
cjal-3228	803	20	establishment	establishment	NOUN
cjal-3228	803	21	of	of	ADP
cjal-3228	803	22	offshore	offshore	ADJ
cjal-3228	803	23	trading	trading	NOUN
cjal-3228	803	24	in	in	ADP
cjal-3228	803	25	the	the	DET
cjal-3228	803	26	rmb	rmb	NOUN
cjal-3228	803	27	.	.	PUNCT
cjal-3228	804	1	the	the	DET
cjal-3228	804	2	establishment	establishment	NOUN
cjal-3228	804	3	of	of	ADP
cjal-3228	804	4	offshore	offshore	ADJ
cjal-3228	804	5	trading	trading	NOUN
cjal-3228	804	6	is	be	AUX
cjal-3228	804	7	crucial	crucial	ADJ
cjal-3228	804	8	for	for	ADP
cjal-3228	804	9	developing	develop	VERB
cjal-3228	804	10	an	an	DET
cjal-3228	804	11	efficient	efficient	ADJ
cjal-3228	804	12	and	and	CCONJ
cjal-3228	804	13	flexible	flexible	ADJ
cjal-3228	804	14	exchange	exchange	NOUN
cjal-3228	804	15	rate	rate	NOUN
cjal-3228	804	16	mechanism	mechanism	NOUN
cjal-3228	804	17	as	as	ADV
cjal-3228	804	18	well	well	ADV
cjal-3228	804	19	as	as	ADP
cjal-3228	804	20	enhancing	enhance	VERB
cjal-3228	804	21	the	the	DET
cjal-3228	804	22	international	international	ADJ
cjal-3228	804	23	status	status	NOUN
cjal-3228	804	24	of	of	ADP
cjal-3228	804	25	the	the	DET
cjal-3228	804	26	rmb	rmb	NOUN
cjal-3228	804	27	.	.	PUNCT
cjal-3228	805	1	with	with	ADP
cjal-3228	805	2	this	this	PRON
cjal-3228	805	3	in	in	ADP
cjal-3228	805	4	mind	mind	NOUN
cjal-3228	805	5	,	,	PUNCT
cjal-3228	805	6	china	china	PROPN
cjal-3228	805	7	recently	recently	ADV
cjal-3228	805	8	began	begin	VERB
cjal-3228	805	9	permitting	permit	VERB
cjal-3228	805	10	banks	bank	NOUN
cjal-3228	805	11	in	in	ADP
cjal-3228	805	12	hong	hong	PROPN
cjal-3228	805	13	kong	kong	PROPN
cjal-3228	805	14	to	to	PART
cjal-3228	805	15	engage	engage	VERB
cjal-3228	805	16	in	in	ADP
cjal-3228	805	17	certain	certain	ADJ
cjal-3228	805	18	rmb	rmb	NOUN
cjal-3228	805	19	business	business	NOUN
cjal-3228	805	20	,	,	PUNCT
cjal-3228	805	21	including	include	VERB
cjal-3228	805	22	foreign	foreign	ADJ
cjal-3228	805	23	exchange	exchange	NOUN
cjal-3228	805	24	transactions	transaction	NOUN
cjal-3228	805	25	,	,	PUNCT
cjal-3228	805	26	thus	thus	ADV
cjal-3228	805	27	laying	lay	VERB
cjal-3228	805	28	the	the	DET
cjal-3228	805	29	foundations	foundation	NOUN
cjal-3228	805	30	for	for	ADP
cjal-3228	805	31	the	the	DET
cjal-3228	805	32	probable	probable	ADJ
cjal-3228	805	33	establishment	establishment	NOUN
cjal-3228	805	34	of	of	ADP
cjal-3228	805	35	hong	hong	PROPN
cjal-3228	805	36	kong	kong	PROPN
cjal-3228	805	37	as	as	ADP
cjal-3228	805	38	an	an	DET
cjal-3228	805	39	offshore	offshore	ADJ
cjal-3228	805	40	trading	trading	NOUN
cjal-3228	805	41	hub	hub	NOUN
cjal-3228	805	42	for	for	ADP
cjal-3228	805	43	the	the	DET
cjal-3228	805	44	rmb	rmb	NOUN
cjal-3228	805	45	.	.	PUNCT
cjal-3228	805	46	'	'	PUNCT
cjal-3228	805	47	"	"	PUNCT
cjal-3228	805	48	by	by	ADP
cjal-3228	805	49	creating	create	VERB
cjal-3228	805	50	mechanisms	mechanism	NOUN
cjal-3228	805	51	for	for	ADP
cjal-3228	805	52	the	the	DET
cjal-3228	805	53	international	international	ADJ
cjal-3228	805	54	settlement	settlement	NOUN
cjal-3228	805	55	of	of	ADP
cjal-3228	805	56	rmb	rmb	NOUN
cjal-3228	805	57	transactions	transaction	NOUN
cjal-3228	805	58	,	,	PUNCT
cjal-3228	805	59	this	this	DET
cjal-3228	805	60	tentative	tentative	ADJ
cjal-3228	805	61	move	move	NOUN
cjal-3228	805	62	is	be	AUX
cjal-3228	805	63	also	also	ADV
cjal-3228	805	64	a	a	DET
cjal-3228	805	65	first	first	ADJ
cjal-3228	805	66	step	step	NOUN
cjal-3228	805	67	towards	towards	ADP
cjal-3228	805	68	the	the	DET
cjal-3228	805	69	eventual	eventual	ADJ
cjal-3228	805	70	full	full	ADJ
cjal-3228	805	71	integration	integration	NOUN
cjal-3228	805	72	of	of	ADP
cjal-3228	805	73	the	the	DET
cjal-3228	805	74	rmib	rmib	NOUN
cjal-3228	805	75	into	into	ADP
cjal-3228	805	76	the	the	DET
cjal-3228	805	77	world	world	NOUN
cjal-3228	805	78	's	's	PART
cjal-3228	805	79	currency	currency	NOUN
cjal-3228	805	80	markets	market	NOUN
cjal-3228	805	81	.	.	PUNCT
cjal-3228	806	1	although	although	SCONJ
cjal-3228	806	2	the	the	DET
cjal-3228	806	3	precise	precise	ADJ
cjal-3228	806	4	timing	timing	NOUN
cjal-3228	806	5	of	of	ADP
cjal-3228	806	6	the	the	DET
cjal-3228	806	7	rmb	rmb	NOUN
cjal-3228	806	8	's	's	PART
cjal-3228	806	9	full	full	ADJ
cjal-3228	806	10	integration	integration	NOUN
cjal-3228	806	11	into	into	ADP
cjal-3228	806	12	the	the	DET
cjal-3228	806	13	global	global	ADJ
cjal-3228	806	14	currency	currency	NOUN
cjal-3228	806	15	markets	market	NOUN
cjal-3228	806	16	is	be	AUX
cjal-3228	806	17	still	still	ADV
cjal-3228	806	18	very	very	ADV
cjal-3228	806	19	uncertain	uncertain	ADJ
cjal-3228	806	20	,	,	PUNCT
cjal-3228	806	21	the	the	DET
cjal-3228	806	22	ultimate	ultimate	ADJ
cjal-3228	806	23	role	role	NOUN
cjal-3228	806	24	of	of	ADP
cjal-3228	806	25	152	152	NUM
cjal-3228	806	26	some	some	PRON
cjal-3228	806	27	have	have	AUX
cjal-3228	806	28	suggested	suggest	VERB
cjal-3228	806	29	switching	switch	VERB
cjal-3228	806	30	to	to	ADP
cjal-3228	806	31	a	a	DET
cjal-3228	806	32	basket	basket	NOUN
cjal-3228	806	33	of	of	ADP
cjal-3228	806	34	the	the	DET
cjal-3228	806	35	three	three	NUM
cjal-3228	806	36	major	major	ADJ
cjal-3228	806	37	currencies	currency	NOUN
cjal-3228	806	38	(	(	PUNCT
cjal-3228	806	39	dollar	dollar	NOUN
cjal-3228	806	40	,	,	PUNCT
cjal-3228	806	41	euro	euro	NOUN
cjal-3228	806	42	,	,	PUNCT
cjal-3228	806	43	and	and	CCONJ
cjal-3228	806	44	yen	yen	NOUN
cjal-3228	806	45	)	)	PUNCT
cjal-3228	806	46	.	.	PUNCT
cjal-3228	807	1	see	see	VERB
cjal-3228	807	2	morris	morris	PROPN
cjal-3228	807	3	goldstein	goldstein	PROPN
cjal-3228	807	4	and	and	CCONJ
cjal-3228	807	5	nicholas	nicholas	PROPN
cjal-3228	807	6	lardy	lardy	PROPN
cjal-3228	807	7	,	,	PUNCT
cjal-3228	807	8	two	two	NUM
cjal-3228	807	9	-	-	PUNCT
cjal-3228	807	10	stage	stage	NOUN
cjal-3228	807	11	currency	currency	NOUN
cjal-3228	807	12	reform	reform	NOUN
cjal-3228	807	13	for	for	ADP
cjal-3228	807	14	china	china	PROPN
cjal-3228	807	15	,	,	PUNCT
cjal-3228	807	16	asian	asian	PROPN
cjal-3228	807	17	wall	wall	PROPN
cjal-3228	807	18	st	st	PROPN
cjal-3228	807	19	.	.	PROPN
cjal-3228	807	20	j.	j.	PROPN
cjal-3228	807	21	,	,	PUNCT
cjal-3228	807	22	sept	sept	PROPN
cjal-3228	807	23	.	.	PROPN
cjal-3228	807	24	12	12	NUM
cjal-3228	807	25	,	,	PUNCT
cjal-3228	807	26	2003	2003	NUM
cjal-3228	807	27	.	.	PUNCT
cjal-3228	808	1	there	there	PRON
cjal-3228	808	2	has	have	AUX
cjal-3228	808	3	also	also	ADV
cjal-3228	808	4	been	be	AUX
cjal-3228	808	5	speculation	speculation	NOUN
cjal-3228	808	6	that	that	SCONJ
cjal-3228	808	7	the	the	DET
cjal-3228	808	8	basket	basket	NOUN
cjal-3228	808	9	peg	peg	NOUN
cjal-3228	808	10	may	may	AUX
cjal-3228	808	11	consist	consist	VERB
cjal-3228	808	12	of	of	ADP
cjal-3228	808	13	the	the	DET
cjal-3228	808	14	currencies	currency	NOUN
cjal-3228	808	15	of	of	ADP
cjal-3228	808	16	china	china	PROPN
cjal-3228	808	17	's	's	PART
cjal-3228	808	18	ten	ten	NUM
cjal-3228	808	19	largest	large	ADJ
cjal-3228	808	20	trading	trading	NOUN
cjal-3228	808	21	partners	partner	NOUN
cjal-3228	808	22	.	.	PUNCT
cjal-3228	809	1	see	see	VERB
cjal-3228	809	2	china	china	PROPN
cjal-3228	809	3	plans	plan	VERB
cjal-3228	809	4	yuan	yuan	PROPN
cjal-3228	809	5	link	link	VERB
cjal-3228	809	6	to	to	ADP
cjal-3228	809	7	currency	currency	NOUN
cjal-3228	809	8	basket	basket	NOUN
cjal-3228	809	9	,	,	PUNCT
cjal-3228	809	10	agence	agence	NOUN
cjal-3228	809	11	fr.-presse	fr.-presse	NOUN
cjal-3228	809	12	,	,	PUNCT
cjal-3228	809	13	dec	dec	PROPN
cjal-3228	809	14	.	.	PROPN
cjal-3228	809	15	22	22	NUM
cjal-3228	809	16	,	,	PUNCT
cjal-3228	809	17	2003	2003	NUM
cjal-3228	809	18	.	.	PUNCT
cjal-3228	810	1	153	153	NUM
cjal-3228	810	2	see	see	NOUN
cjal-3228	810	3	,	,	PUNCT
cjal-3228	810	4	e.g.	e.g.	ADV
cjal-3228	810	5	,	,	PUNCT
cjal-3228	810	6	anette	anette	PROPN
cjal-3228	810	7	jonsson	jonsson	PROPN
cjal-3228	810	8	,	,	PUNCT
cjal-3228	810	9	merrill	merrill	NOUN
cjal-3228	810	10	sees	see	VERB
cjal-3228	810	11	jopc	jopc	PROPN
cjal-3228	810	12	yuan	yuan	PROPN
cjal-3228	810	13	revaluation	revaluation	NOUN
cjal-3228	810	14	by	by	ADP
cjal-3228	810	15	year	year	NOUN
cjal-3228	810	16	's	's	PART
cjal-3228	810	17	end	end	NOUN
cjal-3228	810	18	,	,	PUNCT
cjal-3228	810	19	s.	s.	PROPN
cjal-3228	810	20	china	china	PROPN
cjal-3228	810	21	morning	morning	PROPN
cjal-3228	810	22	post	post	PROPN
cjal-3228	810	23	,	,	PUNCT
cjal-3228	810	24	mar	mar	PROPN
cjal-3228	810	25	.	.	PROPN
cjal-3228	810	26	4	4	NUM
cjal-3228	810	27	,	,	PUNCT
cjal-3228	810	28	2004	2004	NUM
cjal-3228	810	29	.	.	PUNCT
cjal-3228	811	1	154	154	NUM
cjal-3228	811	2	see	see	VERB
cjal-3228	811	3	denise	denise	PROPN
cjal-3228	811	4	yam	yam	PROPN
cjal-3228	811	5	,	,	PUNCT
cjal-3228	811	6	hong	hong	PROPN
cjal-3228	811	7	kong	kong	PROPN
cjal-3228	811	8	:	:	PUNCT
cjal-3228	811	9	monetary	monetary	ADJ
cjal-3228	811	10	implications	implication	NOUN
cjal-3228	811	11	of	of	ADP
cjal-3228	811	12	renminbi	renminbi	NOUN
cjal-3228	811	13	banking	banking	NOUN
cjal-3228	811	14	,	,	PUNCT
cjal-3228	811	15	morgan	morgan	PROPN
cjal-3228	811	16	stanley	stanley	PROPN
cjal-3228	811	17	global	global	PROPN
cjal-3228	811	18	econ	econ	PROPN
cjal-3228	811	19	.	.	PUNCT
cjal-3228	812	1	forum	forum	PROPN
cjal-3228	812	2	,	,	PUNCT
cjal-3228	812	3	nov	nov	PROPN
cjal-3228	812	4	.	.	PROPN
cjal-3228	812	5	24	24	NUM
cjal-3228	812	6	,	,	PUNCT
cjal-3228	812	7	2003	2003	NUM
cjal-3228	812	8	,	,	PUNCT
cjal-3228	812	9	at	at	ADP
cjal-3228	812	10	http://www.morganstanley.com/gefdata/digests/20031124-mon.html	http://www.morganstanley.com/gefdata/digests/20031124-mon.html	PRON
cjal-3228	812	11	.	.	PUNCT
cjal-3228	813	1	[	[	X
cjal-3228	813	2	17:2	17:2	NUM
cjal-3228	813	3	china	china	PROPN
cjal-3228	813	4	's	's	PART
cjal-3228	813	5	system	system	NOUN
cjal-3228	813	6	of	of	ADP
cjal-3228	813	7	foreign	foreign	ADJ
cjal-3228	813	8	exchange	exchange	NOUN
cjal-3228	813	9	the	the	DET
cjal-3228	813	10	rmb	rmb	NOUN
cjal-3228	813	11	as	as	ADP
cjal-3228	813	12	one	one	NUM
cjal-3228	813	13	of	of	ADP
cjal-3228	813	14	the	the	DET
cjal-3228	813	15	world	world	NOUN
cjal-3228	813	16	's	's	PART
cjal-3228	813	17	premier	premier	ADJ
cjal-3228	813	18	currencies	currency	NOUN
cjal-3228	813	19	now	now	ADV
cjal-3228	813	20	appears	appear	VERB
cjal-3228	813	21	almost	almost	ADV
cjal-3228	813	22	certain	certain	ADJ
cjal-3228	813	23	.	.	PUNCT
cjal-3228	814	1	despite	despite	SCONJ
cjal-3228	814	2	the	the	DET
cjal-3228	814	3	lack	lack	NOUN
cjal-3228	814	4	of	of	ADP
cjal-3228	814	5	full	full	ADJ
cjal-3228	814	6	convertibility	convertibility	NOUN
cjal-3228	814	7	,	,	PUNCT
cjal-3228	814	8	the	the	DET
cjal-3228	814	9	rmb	rmb	NOUN
cjal-3228	814	10	has	have	AUX
cjal-3228	814	11	already	already	ADV
cjal-3228	814	12	gained	gain	VERB
cjal-3228	814	13	the	the	DET
cjal-3228	814	14	status	status	NOUN
cjal-3228	814	15	of	of	ADP
cjal-3228	814	16	a	a	DET
cjal-3228	814	17	"	"	PUNCT
cjal-3228	814	18	hard	hard	ADJ
cjal-3228	814	19	currency	currency	NOUN
cjal-3228	814	20	"	"	PUNCT
cjal-3228	814	21	in	in	ADP
cjal-3228	814	22	several	several	ADJ
cjal-3228	814	23	countries	country	NOUN
cjal-3228	814	24	bordering	border	VERB
cjal-3228	814	25	china	china	PROPN
cjal-3228	814	26	.	.	PUNCT
cjal-3228	814	27	'	'	PUNCT
cjal-3228	815	1	this	this	DET
cjal-3228	815	2	trend	trend	NOUN
cjal-3228	815	3	will	will	AUX
cjal-3228	815	4	likely	likely	ADV
cjal-3228	815	5	continue	continue	VERB
cjal-3228	815	6	and	and	CCONJ
cjal-3228	815	7	intensify	intensify	VERB
cjal-3228	815	8	as	as	SCONJ
cjal-3228	815	9	china	china	PROPN
cjal-3228	815	10	's	's	PART
cjal-3228	815	11	share	share	NOUN
cjal-3228	815	12	of	of	ADP
cjal-3228	815	13	regional	regional	ADJ
cjal-3228	815	14	and	and	CCONJ
cjal-3228	815	15	global	global	ADJ
cjal-3228	815	16	trade	trade	NOUN
cjal-3228	815	17	increases	increase	NOUN
cjal-3228	815	18	and	and	CCONJ
cjal-3228	815	19	china	china	PROPN
cjal-3228	815	20	's	's	PART
cjal-3228	815	21	financial	financial	ADJ
cjal-3228	815	22	markets	market	NOUN
cjal-3228	815	23	integrate	integrate	VERB
cjal-3228	815	24	globally	globally	ADV
cjal-3228	815	25	.	.	PUNCT
cjal-3228	816	1	however	however	ADV
cjal-3228	816	2	,	,	PUNCT
cjal-3228	816	3	the	the	DET
cjal-3228	816	4	greatest	great	ADJ
cjal-3228	816	5	threat	threat	NOUN
cjal-3228	816	6	to	to	ADP
cjal-3228	816	7	the	the	DET
cjal-3228	816	8	eventual	eventual	ADJ
cjal-3228	816	9	leading	lead	VERB
cjal-3228	816	10	status	status	NOUN
cjal-3228	816	11	of	of	ADP
cjal-3228	816	12	china	china	PROPN
cjal-3228	816	13	's	's	PART
cjal-3228	816	14	economy	economy	NOUN
cjal-3228	816	15	and	and	CCONJ
cjal-3228	816	16	currency	currency	NOUN
cjal-3228	816	17	lies	lie	VERB
cjal-3228	816	18	in	in	ADP
cjal-3228	816	19	the	the	DET
cjal-3228	816	20	ongoing	ongoing	ADJ
cjal-3228	816	21	and	and	CCONJ
cjal-3228	816	22	delicate	delicate	ADJ
cjal-3228	816	23	process	process	NOUN
cjal-3228	816	24	of	of	ADP
cjal-3228	816	25	reforming	reform	VERB
cjal-3228	816	26	china	china	PROPN
cjal-3228	816	27	's	's	PART
cjal-3228	816	28	internal	internal	ADJ
cjal-3228	816	29	economy	economy	NOUN
cjal-3228	816	30	and	and	CCONJ
cjal-3228	816	31	markets	market	NOUN
cjal-3228	816	32	.	.	PUNCT
cjal-3228	817	1	given	give	VERB
cjal-3228	817	2	the	the	DET
cjal-3228	817	3	precarious	precarious	ADJ
cjal-3228	817	4	state	state	NOUN
cjal-3228	817	5	of	of	ADP
cjal-3228	817	6	china	china	PROPN
cjal-3228	817	7	's	's	PART
cjal-3228	817	8	financial	financial	ADJ
cjal-3228	817	9	system	system	NOUN
cjal-3228	817	10	today	today	NOUN
cjal-3228	817	11	,	,	PUNCT
cjal-3228	817	12	the	the	DET
cjal-3228	817	13	chinese	chinese	ADJ
cjal-3228	817	14	government	government	NOUN
cjal-3228	817	15	would	would	AUX
cjal-3228	817	16	be	be	AUX
cjal-3228	817	17	well	well	ADV
cjal-3228	817	18	-	-	PUNCT
cjal-3228	817	19	advised	advise	VERB
cjal-3228	817	20	to	to	PART
cjal-3228	817	21	continue	continue	VERB
cjal-3228	817	22	to	to	PART
cjal-3228	817	23	err	err	VERB
cjal-3228	817	24	on	on	ADP
cjal-3228	817	25	the	the	DET
cjal-3228	817	26	side	side	NOUN
cjal-3228	817	27	of	of	ADP
cjal-3228	817	28	caution	caution	NOUN
cjal-3228	817	29	and	and	CCONJ
cjal-3228	817	30	hold	hold	VERB
cjal-3228	817	31	at	at	ADP
cjal-3228	817	32	bay	bay	NOUN
cjal-3228	817	33	those	those	DET
cjal-3228	817	34	foreign	foreign	ADJ
cjal-3228	817	35	interests	interest	NOUN
cjal-3228	817	36	presently	presently	ADV
cjal-3228	817	37	pushing	push	VERB
cjal-3228	817	38	for	for	ADP
cjal-3228	817	39	immediate	immediate	ADJ
cjal-3228	817	40	and	and	CCONJ
cjal-3228	817	41	large	large	ADJ
cjal-3228	817	42	-	-	PUNCT
cjal-3228	817	43	scale	scale	NOUN
cjal-3228	817	44	changes	change	NOUN
cjal-3228	817	45	to	to	ADP
cjal-3228	817	46	china	china	PROPN
cjal-3228	817	47	's	's	PART
cjal-3228	817	48	foreign	foreign	ADJ
cjal-3228	817	49	exchange	exchange	NOUN
cjal-3228	817	50	regime	regime	NOUN
cjal-3228	817	51	.	.	PUNCT
cjal-3228	818	1	155	155	NUM
cjal-3228	818	2	for	for	ADP
cjal-3228	818	3	a	a	DET
cjal-3228	818	4	general	general	ADJ
cjal-3228	818	5	discussion	discussion	NOUN
cjal-3228	818	6	of	of	ADP
cjal-3228	818	7	the	the	DET
cjal-3228	818	8	growing	grow	VERB
cjal-3228	818	9	status	status	NOUN
cjal-3228	818	10	of	of	ADP
cjal-3228	818	11	the	the	DET
cjal-3228	818	12	rmb	rmb	NOUN
cjal-3228	818	13	in	in	ADP
cjal-3228	818	14	parts	part	NOUN
cjal-3228	818	15	of	of	ADP
cjal-3228	818	16	east	east	PROPN
cjal-3228	818	17	asia	asia	PROPN
cjal-3228	818	18	,	,	PUNCT
cjal-3228	818	19	in	in	ADP
cjal-3228	818	20	particular	particular	ADJ
cjal-3228	818	21	southeast	southeast	PROPN
cjal-3228	818	22	asia	asia	PROPN
cjal-3228	818	23	,	,	PUNCT
cjal-3228	818	24	see	see	VERB
cjal-3228	818	25	michael	michael	PROPN
cjal-3228	818	26	vatikiotis	vatikiotis	PROPN
cjal-3228	818	27	and	and	CCONJ
cjal-3228	818	28	bertil	bertil	PROPN
cjal-3228	818	29	lintner	lintner	PROPN
cjal-3228	818	30	,	,	PUNCT
cjal-3228	818	31	the	the	DET
cjal-3228	818	32	renminbi	renminbi	NOUN
cjal-3228	818	33	zone	zone	NOUN
cjal-3228	818	34	,	,	PUNCT
cjal-3228	818	35	far	far	PROPN
cjal-3228	818	36	e.	e.	PROPN
cjal-3228	818	37	econ	econ	PROPN
cjal-3228	818	38	.	.	PUNCT
cjal-3228	819	1	rev	rev	PROPN
cjal-3228	819	2	.	.	PROPN
cjal-3228	820	1	may	may	AUX
cjal-3228	820	2	29	29	NUM
cjal-3228	820	3	,	,	PUNCT
cjal-3228	820	4	2003	2003	NUM
cjal-3228	820	5	.	.	PUNCT
cjal-3228	821	1	2004	2004	NUM
cjal-3228	821	2	]	]	PUNCT
