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China SAFE: Needs to assess impact on China’s cross-border capital flows from trade frictions

Reuters reports comments from China’s  fx regulator, the State Administration of  Foreign Exchange (SAFE), with the key headlines found below.

Needs to assess the impact on China’s cross-border capital flows from trade frictions.

China’s forex reserves ample, able to cope with challenges.

China has enriched policy tools for forex management.

China is able to keep forex markets generally stable.

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