virtualreview

china: news and opinion

Promise to improve forex management

The State will improve management of its massive foreign exchange reserves and satisfy trade and investment needs, the top foreign exchange regulator has pledged. "We'll ensure safety and liquidity while improving profitability of the co ... ...full story at People's Daily

from People's Daily on Wed, Oct 24 2007

see also:

18 Apr 08 visit "Traders Exchange": Hong Kong Investment Fund Association P3  »  YouTube videoWith rising economy in mainland China, Hong Kong has the privilege of having QDII . Together with our international finance experience, Hong Kong has unlimited potential to be the premier asset management centre in Asia.
05 Dec 08 visit Finance ministry: China's foreign exchange investment bases on profitability, liquidity, security  »  People's Daily China's foreign exchange investment is based on the principle of profitability, liquidity, security, said Assistant Minister of Finance Zhu Guangyao on Friday. Zhu made the remarks in a press briefing after the fifth China-U.S. Strategic Economic...
29 Aug 08 visit SAFE to start annual checks on banks' foreign exchange controls  »  People's Daily China is to launch annual checks on banks' foreign exchange management to further strengthen the country's control over foreign currency, the State Administration of Foreign Exchange (SAFE) said. The country's top foreign exchange regulator will...
05 Mar 07 visit Wen delivering government work report  »  Xinhua Chinese Premier Wen Jiabao said Monday the nation will improve the mechanism for setting the RMB exchange rate and seek ways to use the massive state foreign exchange reserves appropriately. China pledges to expand rural medicare ...
03 Dec 08 visit The new SAFE regulations  »  Success Stories To improve foreign exchange administration of foreign-invested enterprises and to facilitate the handling and verification of foreign currency capital, the State Administration of Foreign Exchange (SAFE) have recently issued a new notice. The new...
30 Sep 07 visit Roundup: China's state forex investment company debuts  »  People's Daily China Investment Corporate Ltd. (CIC), the country's long-awaited state forex investment company set up to make better use of its huge foreign exchange reserve, was inaugurated on Saturday. "We will maintain transparency of company oper ...

« Today's Stories