Not a bad idea for introducing foreign human capitals

Comments on Peter Yuan Cai “Managing China’s treasure trove – Singapore Style”, 31/09/2009, http://www.eastasiaforum.org/2009/08/31/managing-chinas-treasure-trove-singapore-style/

Although Peter Yuan Cai's suggestion to appoint foreigners to manage China's SWFs and SOEs may be uncomfortable for most Chinese including their political leaders, the idea is worth considering, especially for the SWFs to have some advisors or board members with real power to manage the funds.

The government can set some guidelines and then to leave the management to the board with internationally competitive board members and management teams. It is a form of introducing foreign human capitals.