Beijing is accelerating efforts to generate capital inflows and internationalise the yuan by opening capital markets. Photo: Shutterstock
Beijing is accelerating efforts to generate capital inflows and internationalise the yuan by opening capital markets. Photo: Shutterstock

China steps up scrutiny of illegal foreign exchange flows as market opening accelerates

  • China is accelerating efforts to generate capital inflows and internationalise the yuan by opening its capital markets
  • Strong foreign capital inflows could help Beijing resist US decoupling, but may put downward pressure on the yuan

Beijing is accelerating efforts to generate capital inflows and internationalise the yuan by opening capital markets. Photo: Shutterstock
Beijing is accelerating efforts to generate capital inflows and internationalise the yuan by opening capital markets. Photo: Shutterstock
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