China at a Glance
Bilateral Economy and Trade
Policy, Laws & Regulations
Market Survey
Cases of Cooperation
Statistics
 
Trade Promotion
Investment Projects
 
Supply & Demand
Enterprises Info
Commodities Info





Location:Home > News Release
 
China not foreign exchange controller: official
2010-03-09 14:28:51

China is not a foreign exchange controller, and it does not force settlement of exchange, a central bank vice governor said Tuesday.

"Many friends have an impression that China imposes foreign exchange control and compulsory settlement. Such an impression is actually not right," said Yi Gang, vice governor of the People's Bank of China.

Yi, also director of the State Administration of Foreign Exchange, made the remarks at a press conference on the sidelines of the National People's Congress, the country's top legislature.


Source:Xinhua
 
 
 
About Us | Contact Us | Privacy Statement | Terms of Use    

Copyright : Ministry of Commerce of the People's Republic of China
  Supported by : China International Electronic Commerce Center