CHINA TOPIX

11/22/2024 12:43:41 am

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state administration of foreign exchange

These regulations are primarily concerned with curbing the flow of capital outside the country.

China Pushes to Keep Foreign Exchange Regulations a Secret: Reuters

In an exclusive report, Reuters claimed that Chinese banking regulators are pushing financial institutions to keep foreign currency regulations a secret. These regulations are primarily concerned with curbing the flow of capital outside the country.

China’s foreign exchange reserve shrank for consecutive third month in September.

China Reports Larger Than Expected Fall in Foreign Exchange Reserve

China's foreign exchange reserve shrank for the third consecutive month in September. The rate of decrease also exceeded market expectations.

A clerk counts stacks of Chinese yuan at a bank on July 22, 2005 in Shanghai, China.

China to Scrap QFII, RQFII Asset Allocation Limits for Foreign Investors

China's security regulators on Friday said it will scrap limits on asset allocations under the Qualified Foreign Institution Investor (QFII) program in an attempt to attract more long-term capital, the official Shanghai Securities News posted on its website.

A clerk counts stacks of Chinese yuan and U.S. dollars at a bank on July 22, 2005 in Shanghai, China.

China Eases RQFII Rules to Attract More Foreign Investors

Chinese regulators issued more relaxed investment rules under the Renminbi Qualified Foreign Institutional Investor (RQFII) program on Monday, a step to open its market and give foreign investors more freedom to buy A shares in mainland China.

China Capital Deficit

China's Capital Outflow Increases by $104 Billion in First Half of 2015

China's capital outflow increased by around $104 billion in the first six months of the year, according to a government economic report that was published on Thursday. If the situation is not remedied soon, it may contribute to the slowdown of the economy.

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