China will further enhance capital account opening, FX official says


BOAO: China will make it easier to move capital in and out of the country and promote financial market deregulation, a senior forex regulator said on Friday, as Beijing seeks to woo foreign investors amid heightened geopolitical tensions.

"We will steadily push forward two-way capital market opening, and strengthen the connectivity between domestic and overseas financial markets," Xu Zhibin, deputy head of the State Administration of Foreign Exchange (SAFE), said at the annual Boao forum for Asia.

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China , capital , deregulation , funds , investment , yuan , forex , currency

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