SAFE smoothens inbound FX flow

The new foreign exchange policy further encourages offshore loans and provides greater funding flexibility for Chinese companies and MNCs

8 minute read April 19, 2017 at 01:40 AM
By
Katherine Jo and clp articles
SAFE smoothens inbound FX flow

By Katherine Jo

 

China's scramble to plug capital outflows is in sharp contrast to its efforts to facilitate the movement of cash in the opposite direction, as the government widens channels for money entering the country.

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