February 27, 2017 BY Valentina Kirilova

China regulator SAFE to tighten foreign currency supervision

China's FX regulator just announced that it will strengthen supervision of the foreign exchange market in 2017, while improving policy transparency and promoting the further opening of financial markets, as reported by Reuters. Chinese authorities are working recently on supporting the weakening yuan currency, while trying to attract more foreign investment. Pan Gonsheng, head of the…

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