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China's forex regulator vows to stem hot money inflow

2010-03-09 15:34 BJT

Special Report: 2010 NPC & CPPCC Sessions |

Yi Gang, vice governor of the People's Bank of China and also director of the State Administration of Foreign Exchange, answers questions during a press conference on foreign exchange control and foreign exchange reserve held on the sidelines of the Third Session of the 11th National People's Congress in Beijing, China, March 9, 2010. (Xinhua/Yuan Man)
Yi Gang, vice governor of the People's Bank of China and 
also director of the State Administration of Foreign 
Exchange, answers questions during a press conference 
on foreign exchange control and foreign exchange reserve 
held on the sidelines of the Third Session of the 11th 
National People's Congress in Beijing, China, March 9, 
2010. (Xinhua/Yuan Man)

BEIJING, March 9 (Xinhua) -- China's foreign exchange regulator said on Tuesday joint efforts should be made to fundamentally stem hot money inflow.

Yi Gang, head of the State Administration of Foreign Exchange and vice governor of the central bank, made the remarks at a press conference.

Editor: Du Xiaodan | Source: Xinhua