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China forex regulator will prevent cross-border capital flow risks - Yahoo Finance

BEIJING, Jan 4 (Reuters) - China will strengthen the monitoring and analysis of the foreign exchange situation to fend off cross-border capital flow risks, the country's forex regulator said in a statement on Wednesday.

The State Administration of Foreign Exchange (SAFE) also said it will continue to steadily push forward high-level opening up of capital accounts. (Reporting by Kevin Yao and Ethan Wang; Writing by Meg Shen, Editing by Louise Heavens)

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2023-01-04 12:43:50Z
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