51.  But most observers believe China so desperately needs the expertise and access to the foreign capital Hong Kong offers that its officials will take care to protect investor confidence.

52.  But the crisis also directed a flood of foreign capital into this country, driving interest rates down, consumer spending up, and US stocks through the roof.

53.  Canada, for example, wants to keep its ceiling on foreign capital investment in its telecom industry.

54.  Chinese became able, to a limited degree, to start private enterprises, to recruit foreign capital, to travel, and to import foreign goods and ideas.

55.  Central Bank Governor Josef Tosovsky said the measure was intended to limit inflows of foreign capital for short-term investments.

56.  Concern about a hegemonic America is tangible in more than a few foreign capitals, including Moscow and Beijing.

57.  Congress already voted to allow competition in the state telecommunications monopoly, and to open the mining industry to foreign capital.

58.  Congress already voted to open the telecommunications industry to private investment and to lift restrictions on foreign capital in banking and mining through the so-called national company law.

59.  David D. Hale, chief economist of Kemper Securities Inc., wrote in a recent Economic Review that tax cuts could attract foreign capital immediately.

60.  Default, however, has also been likely to create panic in other emerging markets that depend on foreign capital, Hormats suggested.