Beijing cracking down on use of unregulated underground banks to buy or sell foreign currency to maintain stability of the exchange rate and its slowing economy.
The global foreign exchange (forex) market has ballooned in recent decades as more and more economies liberalise their capital accounts.
You may also like
In partnership with: HKJC
Why Nansha is the most livable place in the Greater Bay Area, China’s biggest economic and innovative powerhouse
Brought to you by: Guangzhou Nansha