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Title: New China Foreign Exchange Regulations Take Effect  Author: Finance Practice Group  Contact Information: chinalaw@bakernet.com  Publication Date: August  2008   Publication Type: Newsletter/Alert  Practice/Industry: Banking & Finance Region: Asia Pacific Office: Hong Kong/China Description: On 5 August 2008, the State Council of China promulgated the revised Regulations of the People's Republic of China on Administration of Foreign Exchange, which take immediate effect. According to the government's news release, the revised Foreign Exchange Regulations are made in response to the developments of the international and China's domestic financial markets, which involved the huge foreign exchange reserve of China, the continuing appreciation of Renminbi against most other foreign currencies and the continuous inflow of hot-money into China.  The alert outlines the major changes to the original Foreign Exchange Regulations.   Price and Currency: Complimentary Publication/Link:

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