Relaxing foreign exchange controls

September 04, 2010 | BY

clpstaff &clp articles

As the foreign exchange regulator further releases its grip on controlling the provision of Foreign security in general, foreign-invested enterprises must bid adieu to the favourable treatment they once enjoyed

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Boasting abundant foreign exchange reserves, coupled with the increasing demand for Chinese enterprises to explore overseas markets, China has been loosening its control over foreign exchange in recent years. The