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China will push ahead the convertibility of...>

CHINA
CHINA: China will push ahead the convertibility of the capital account at a
steady pace and prevent risks in cross-border capital flows, the State
Administrative of Foreign Exchange said Friday in a statement on its website.
SAFE said it will strengthen management of foreign-exchange reserves and
guarantee their safety, liquidity and profitability, and also enhance the
monitoring of forex market moves and protect the financial security of the
country.

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