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China will guard against shocks from cross-border capital flows - FX regulator

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Reuters BEIJING
Last Updated : May 02 2017 | 4:07 PM IST

BEIJING (Reuters) - China's foreign exchange regulator said on Tuesday that it will guard against shocks from cross-border capital flows and keep financial markets stable.

Pan Gongsheng, the head of State Administration of Foreign Exchange (SAFE), made the above comments at an internal meeting in Beijing, SAFE said in a statement on its website.

(Reporting by Beijing Monitoring Desk; Editing by Sam Holmes)

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First Published: May 02 2017 | 3:57 PM IST

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