China central bank says it will improve monitoring of cross-border capital flows

China central bank says it will improve monitoring of cross-border capital flows

SHANGHAI : China’s central bank said it will improve monitoring of cross-border capital flow, while pushing forward to a higher level of opening up its financial markets.

The People’s Bank of China also reiterated that it will resolutely fend off systemic risks, it said in a yuan internationalisation report published on late Friday.

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