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China mulls relaxing offshore investment restrictions on individual capital accounts

The Chinese regulator is studying the feasibility of relaxing restrictions on individuals participating in investments offshore. Taking the liberalisation of China’s two-way capital account flow a step further, Ye Haisheng, director-general at the capital account management department of the State Administration of Foreign Exchange (SAFE) has said in an interview with China Forex, a magazine under SAFE, that the regulator…

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