LikeseveralotherUScorporations, Apple haschosen to delay the repatriation ofitsprofits to the US, wheretheywould be subject to an effective rate of 40%.
What would really grab the attention of foreign investors and local companies would be China's granting full convertibility on capital accounts, allowing free-flowing investment and repatriationofprofits.
Measures needed to legitimize private property, free enterprise, repatriationofprofits, etc. must be swiftly enacted and the sort of half-steps and bureaucratic impediments to dismantling the command economy favored heretofore by Gorbachev dispensed with.