No capital flight from China


BEIJING: China is not seeing any capital flight despite signs that global funds are exiting emerging markets on rising expectations of the US tapering off its bond-buying programme, China's foreign exchange regulator said on Monday.

The State Administration of Foreign Exchange (SAFE) added that China's macro control policies and the business activities of domestic companies must adjust to a rising trend of two-way fluctuations in the Chinese yuan currency.

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capital flight , China , equilibrium

   

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