China Trial Changes to Forex System for Trade Will Control Risks

China’s trial changes to foreign exchange management for merchandise trading will aim to strengthen risk supervision and make processes more convenient for companies and banks, the State Administration of Foreign Exchange said in a statement on its website today.

The administration on Sept. 15. announced trial changes in seven regions that started on Dec. 1.

To contact Bloomberg News staff for this story: Daryl Loo in Beijing at dloo7@bloomberg.net

To contact the editor responsible for this story: Jason Gale at j.gale@bloomberg.net

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