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China forex regulator says will ramp up risk control efforts
January 9, 2016 by admin · Leave a Comment
China's foreign exchange regulator said on Saturday it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the country's foreign exchange market in 2016. The State Administration of Foreign Exchange (SAFE) made the comments in a statement on its website after concluding an internal meeting. It will also continue to promote the orderly opening of China's capital account and improve its management of foreign exchange reserves, it said.
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China forex regulator says will ramp up risk control efforts