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State Administration of Foreign Exchange
People line up at a currency changer in Hong Kong.
China’s Forex Reserves Drop Below $3 Trillion Mark But Still World’s Highest, SAFE Says

ByManny Salvacion | Feb 12, 2017 07:08 AM EST

A man changes foreign currency into Chinese yuan at a currency exchange office at Hongqiao airport in Shanghai.
China’s Foreign Reserves Dropped $320 Billion Last Year as Yuan Posted Sharp Slide

ByManny Salvacion | Jan 11, 2017 08:08 AM EST

Pedestrians walk past a money exchange booth in Hong Kong.
$148 Billion in Illegal Capital Outflow Prevented by China's Crackdown on Underground Banks

ByManny Salvacion | Oct 23, 2016 10:44 PM EDT

A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Nantong, Jiangsu Province, Dec. 2, 2014.
China’s Capital Outflow Not Foreign Investment Withdrawal: Authority

ByGodfrey Barasa | Feb 06, 2016 09:20 AM EST

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U.S. dollar and Chinese yuan notes at the Korea Exchange Bank in Seoul are seen in this Nov. 10, 2010 photo.
Yuan Depreciation Triggers Foreign Exchange Boom on Mainland China

ByGodfrey Barasa | Jan 12, 2016 11:46 AM EST

A bank employee shows both sides of the new 100 yuan note in Anqing, Anhui Province, on Nov. 12, 2015.
China Dismisses Fears Over Yuan Exchange Rate Fluctuations

ByAlvin Ybanez | Dec 12, 2015 07:30 AM EST

The Central Commission for Discipline Inspection particularly targeted practices within the Party that exemplified extravagance, bureaucracy and undesirable work practices.
Gov't Anti-graft Crackdown Zeroes in on 'Black Banks,' Illegal Currency Exchanges

ByManny Salvacion | Oct 17, 2015 07:22 AM EDT

Shoppers browse through the products in a store that accepts UnionPay cards.
UnionPay Enforces Stricter Measures on Forex, Applies Overseas Withdrawal Limits

ByMonica Castro | Oct 03, 2015 08:41 AM EDT

Some Chinese investors are lured to invest in mutual funds in offshore markets, like the U.S., due to the declining value of the Chinese yuan.
Chinese Investors Lured to Offshore Funds Due to Weaker RMB

ByManny Salvacion | Sep 15, 2015 08:13 AM EDT

Employees of Tmall, part of Alibaba, work online to serve customers.
Beijing Launches Another Pilot Scheme for Its Overseas Online Shopping Initiative

ByMason Coltrane | Jan 31, 2015 02:00 PM EST

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