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China Forex Regulator to Focus on Risks

CHINA PRESS
MNI (Sydney)

China's foreign exchange regulator will focus on risk assessments and facilitate the FX business for companies that comply with regulations and have good credit, said Pan Gongsheng, head of the State Administration of Foreign Exchange in a statement on the organisation's website. SAFE will maintain the stability of the FX market as well as national economic and financial security, while liberalising cross-border trade and investment, said Pan.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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