Account holders can withdraw a maximum of 100,000 yuan (US$15,000) a year in total overseas from their Chinese bank accounts. Photo: AP

China’s forex new year resolution: hit illegal currency outflows hard in 2018

Foreign exchange regulator promises to tackle underground banks in the interest of national security

Topic |   China economy

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Account holders can withdraw a maximum of 100,000 yuan (US$15,000) a year in total overseas from their Chinese bank accounts. Photo: AP
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