State Administration of Foreign Exchange

New Business

China urged to take bolder steps to tackle price wars, deflation and weak demand

Beijing’s latest push to curb price wars may help ease deflationary pressures, but analysts warn the current measures fall short…

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China defies Trump trade war challenge with US$17.3 billion in capital inflow

China attracted a significant net capital inflow into its bond and equities markets in April despite US President Donald Trump’s…

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Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…

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China may face sustained capital outflow pressure, top economists warn

China may continue to face capital outflow pressures over the next two years – though on a smaller scale compared…

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China, Europe ‘share same worry’ about unilateralism, can work together: ESM director

Europe and China have an opportunity to pave a path of multilateralism, as they share the same values for a…

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Panda vs samurai: China’s panda-bond market size tops Japan’s amid yuan internationalisation

China’s so-called panda bonds – yuan-denominated debt securities issued by offshore companies operating on the mainland – have exceeded Japan’s…

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China to welcome foreign investment in more sectors of economy

Beijing has pledged to allow more participation by foreign companies in sectors including telecommunications, healthcare and education in its latest…

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My Take | Beijing’s US$3.2 trillion question: how much of China’s forex reserves go to Hong Kong?

China’s central bank chief Pan Gongsheng promised to park more of the country’s US$3.2 trillion foreign exchange reserves in Hong…

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To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt

China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…

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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…

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