SAFE

Beijing Eases Foreign Investor Limits as Part of Ongoing Drive to Open Financial Sector

Beijing Eases Foreign Investor Limits as Part of Ongoing Drive to Open Financial Sector

China’s forex regulator has unveiled new rules to ease restrictions on qualified foreign bond and stock investors as Beijing continues…

Jun 13, 2018
Xu Wei
China Dishes Out Fines to 24 Forex Rule Breakers

China Dishes Out Fines to 24 Forex Rule Breakers

China’s foreign exchange regulator has named and shamed 24 financial institutions, companies and individuals for ignoring or seeking to flaunt the rules to get cash in and out of the country.

May 7, 2018
Liao Shumin
China to Introduce Key Supervision Over Domestic Companies’ Foreign Investment Exceeding USD300 Mln

China to Introduce Key Supervision Over Domestic Companies’ Foreign Investment Exceeding USD300 Mln

Chinese companies’ foreign investments exceeding USD300 million will be put under key supervision under the interim measures announced by seven…

Apr 25, 2018
Xu Wei
China Can Control Impact of Trade Spat With US on Its Cross-Border Capital Flows

China Can Control Impact of Trade Spat With US on Its Cross-Border Capital Flows

The impact of China-US trade frictions on China’s cross-border capital flows and current accounts balance can be controlled, said a spokeswoman for China’s foreign exchange regulator today.

Apr 19, 2018
Tang Shihua
China’s Forex Regulator Mulls Reform of QDII Program

China’s Forex Regulator Mulls Reform of QDII Program

China’s foreign exchange regulator is mulling changes to its Qualified Domestic Institutional Investor scheme as the nation continues to open up its capital market to the rest of the world.

Apr 12, 2018
Xu Yanyan
China’s Forex Reserves Climbed USD8.3 Billion Last Month After February Dip

China’s Forex Reserves Climbed USD8.3 Billion Last Month After February Dip

China’s foreign exchange reserves edged up USD8.3 billion last month, flipping an anomalous decline in February on its head and…

Apr 9, 2018
Tang Shihua
China Recorded Manageable Foreign Debt Ratios Last Year on Stable Operation of Macroeconomy

China Recorded Manageable Foreign Debt Ratios Last Year on Stable Operation of Macroeconomy

China posted impressive foreign debt-to-GDP and foreign debt-to-exports ratios last year, said the country’s foreign exchange market regulator, adding that…

Mar 30, 2018
Xu Wei
Limp Non-Dollars, Ebbing Asset Prices Drained China's Forex Last Month

Limp Non-Dollars, Ebbing Asset Prices Drained China's Forex Last Month

China's forex regulator attributed a dip in the country’s foreign exchange reserves last month to fluctuating global financial markets, exchange…

Mar 8, 2018
Xu Wei
Banks Had No Surplus in Forex Settlement Last Month Despite Sharp Rise in Yuan’s Exchange Rate

Banks Had No Surplus in Forex Settlement Last Month Despite Sharp Rise in Yuan’s Exchange Rate

Though January saw a sharp increase in the rate of the yuan against the dollar, banks did not have…

Feb 27, 2018
Xu Wei
Chinese Watchdogs Cap Insurers’ Onshore-Backed Overseas Financing

Chinese Watchdogs Cap Insurers’ Onshore-Backed Overseas Financing

Two Chinese regulators have paired up to limit insurance companies' onshore-backed offshore financing to ensure sustained and healthy development of…

Feb 13, 2018
Xu Wei
China’s Current Account, Non-Reserve Account Saw Surplus Last Year, SAFE Says

China’s Current Account, Non-Reserve Account Saw Surplus Last Year, SAFE Says

Both China’s current account and non-reserve financial account saw surpluses with the increase of reserve assets, preliminary data for China’s…

Feb 9, 2018
Xu Wei
SAFE Struck Shadow Bank FOREX Trade, Landed Hundreds of Billions Last Year

SAFE Struck Shadow Bank FOREX Trade, Landed Hundreds of Billions Last Year

China’s foreign exchange regulator teamed up with police to uncover almost a hundred cases of illegal private banks dealing in currency that involved hundreds of billions of yuan last year.

Feb 6, 2018
Tang Shihua