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Impact of US Fed's interest rate rises on China capital flows diminishing - China FX regulator
April 20, 2017 / 6:57 AM / 7 months ago

Impact of US Fed's interest rate rises on China capital flows diminishing - China FX regulator

BEIJING (Reuters) - The impact of United States interest rate increases on China’s capital flows has been diminishing, State Administration of Foreign Exchange spokeswoman Wang Chunying said on Thursday.

FILE PHOTO: An advertisement poster promoting China's renminbi (RMB) or yuan , U.S. dollar and Euro exchange services is seen outside at foreign exchange store in Hong Kong, China August 13, 2015. REUTERS/Tyrone Siu/File Photo

China will closely monitor the Fed’s interest rate increases and any shrinking in its balance sheet, said Wang.

Reporting by Kevin Yao; Editing by Joseph Radford

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