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【Financial Str. Release】SAFE grants USD1.23 bln more QDII quotas to 32 mutual fund companies in May
State Administration of Foreign Exchange (SAFE), the Chinese forex regulator, granted 32 mutual fund companies more qualified domestic institutional investor (QDII) quotas in May, reported Securities Daily on Tuesday.
June04,2024
Chinese banks report forex settlement deficit in December
Chinese banks reported a net forex settlement deficit of 31 billion yuan (about 4.36 billion U.S. dollars) in December, official data showed on Monday.
January16,2024
China's external portfolio investment assets top 1.08 trln USD by end of June
China's external portfolio investment assets, excluding reserve assets, amounted to 1.08 trillion U.S. dollars by the end of June 2023, according to the country's foreign exchange regulator.
November27,2023
Economic Watch: China aims to streamline forex procedures in new financial opening-up initiative
China is working on simplifying foreign exchange-related procedures amid intensified efforts to open up its financial market, thereby enhancing the global appeal of yuan-denominated assets.
November23,2023
【Financial Str. Release】SAFE to further boost cross-border trade, investment facilitation
China's State Administration of Foreign Exchange (SAFE) released on July 24 an opinion-inviting circular to further deepen reform to foster cross-border trade and investment facilitation, reported Xinhua Finance.
July26,2023
Chinese banks log forex settlement surplus in January
China's banks saw a net forex settlement surplus of 2.5 billion U.S. dollars in January, according to the country's forex regulator.
February17,2023
【Financial Str. Release】SAFE to deepen forex sector reform and opening-up in 2023
China's State Administration of Foreign Exchange (SAFE) will deepen foreign exchange (forex) sector reform and opening up to boost high-quality development in 2023, reported Xinhua Finance Wednesday.
January06,2023
Chinese banks log forex settlement surplus in first three quarters
China's banks saw a net forex settlement surplus of 180 billion U.S. dollars in the first three quarters, the country's forex regulator said Friday.
October22,2021
China's outbound portfolio investment assets top USD 899.9 bln by the end of 2020
China's outbound portfolio investment assets amounted to 899.9 billion U.S. dollars as of the end of 2020, official data showed recently.
September30,2021
China's forex market turnover at 15.67 trillion yuan in May
China's foreign exchange (forex) market in May recorded a turnover of 15.67 trillion yuan, or 2.21 trillion U.S. dollars, data showed.
June22,2020
China's forex regulator improves rules to facilitate foreign trade, investment
China's foreign exchange regulator said Tuesday that it will streamline or ease some rules from Tuesday to facilitate cross-border trade and investment.
April15,2020
China sees current account surplus in 2019
China reported a current account surplus of 141.3 billion U.S. dollars last year, data from the country's forex regulator showed Friday.
March30,2020
Chinese forex market sees over 200 trillion yuan traded in 2019
The Chinese foreign exchange market in 2019 recorded total transactions of 200.56 trillion yuan (29.12 trillion U.S. dollars), data from the State Administration of Foreign Exchange (SAFE) showed.
February03,2020
China forex regulator approves USD105.8 bln quotas for QFII by end-May
China's forex regulator said that a total of 105.8 billion US dollars of quotas were approved for Qualified Foreign Institutional Investors (QFII) by the end of May.
June03,2019
SAFE revises assessment measures on banks' foreign exchange business
China's foreign exchange regulator State Administration of Foreign Exchange (SAFE) has amended the measures for the assessment of banks' performance in implementing foreign exchange administration.
May22,2019
Chinese banks see net forex sales in March
Chinese commercial banks continued to see net foreign exchange sales last month but the volume has narrowed from that in February as cross-border capital flows remained basically stable, the country's forex regulator said Thursday.
April19,2019
China's forex growth streak mirrors stabilizing economy: analyst
Continuous growth in China's foreign exchange reserves points to the country's better economic fundamentals and prospects of more gains in capital inflow, an analyst said Tuesday.
April10,2019
China Q3 current account surplus surges 200pct q-o-q, SAFE
China's current account surplus reached 16 billion U.S. dollars in the third quarter of 2018, surging 200 percent from the second quarter.
November07,2018
China service trade deficit narrows
China's foreign service trade deficit narrowed in April after an uptick in March, the State Administration of Foreign Exchange (SAFE) said Wednesday.
June01,2017
China service trade deficit rises in March
China's foreign service trade deficit continued to grow last month, the State Administration of Foreign Exchange (SAFE) said Thursday.
April28,2017
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