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State Administration of Foreign Exchange

Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

by Anas Siddiqui
Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment (FDI) continues to decline, a move seen by analysts as …

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China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

by Ron Morgan
China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

“It should be noted that incorporating bond trading into the policy toolbox does not mean quantitative easing,” the governor said at the forum, which is regarded as an influential finance …

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China unveils plan to keep officials’ noses clean in campaign to control financial risk

by Anas Siddiqui
China unveils plan to keep officials’ noses clean in campaign to control financial risk

China’s Politburo – a high-level decision-making body of the country’s Communist Party – reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in Beijing’s campaign to …

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China’s central bank sees resolve for stable yuan, stimulus tested as Fed holds firm on rates

by Walter Watson
China’s central bank sees resolve for stable yuan, stimulus tested as Fed holds firm on rates

Although China’s central bank has hinted at plans for more monetary easing, uncertainty over the exact timing of US interest rate cuts and renewed depreciation pressures on the yuan are …

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China’s new financial regulator pledges transparency to bring investors back from the brink

by Anas Siddiqui
China’s new financial regulator pledges transparency to bring investors back from the brink

China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile …

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