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China Daily | Updated: 2014-04-24 07:20
SAFE to keep close watch on FX deals, cross-border flows
China will step up scrutiny of the foreign-exchange activities of financial institutions this year and closely monitor cross-border capital flows, the State Administration of Foreign Exchange said in an online statement on Wednesday. The SAFE vowed to be on the alert for systemic and regional financial risks.
Equities slide in reaction to PMI, liquidity concerns
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