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Chinese banks' forex sales narrow in April

Chinese banks saw 23.7 billion U.S. dollars of net foreign exchange sales in April, down from March, official data showed Monday.

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China financial system "largely stable": forex regulator

China's financial system is "largely stable" and foreign exchange reserves are "relatively abundant", the State Administration of Foreign Exchange (SAFE) said Saturday.

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China to tighten controls on overseas UnionPay cash withdrawals

China will tighten management of cross-border cash withdrawals by UnionPay bank card holders to prevent money laundering.

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China eases cross-border investment, financing controls

China announced another modest easing of foreign exchange controls Monday, allowing offshore investment and financing through special purpose entities (SPEs).