Home National News China eases limits on overseas funding as forex reserves fall

China eases limits on overseas funding as forex reserves fall

504
0
SHARE
Beijing has eased the restrictions on Chinese companies seeking to raise funds overseas, after a record monthly decline in China’s foreign exchange reserves in August. The decision to loosen capital controls on inbound funds stands to boost capital inflows at a time when big domestic stock market losses and the slowing Chinese economy are heightening […]