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Regulator: No curbs on foreign firms' profits

Repatriation of normal profits by foreign-invested firms will not be restricted, the head of China's foreign exchange regulator said on Tuesday. The comments followed several similar government statements, meant to reassure international companies that stronger controls on capital leaving the country will not affect operations of foreign firms in China. Pan Gongsheng, the head of the State Administration of Foreign Exchange, also said China supports legitimate overseas direct investment by Chinese firms.